Data released by the statistics department show that from January to October 
this year, Guangxi Beibu Gulf Port completed a container throughput of 6.5074 
million TEUs, up 16.5%, and is expected to reach 8 million TEUs this year, a 
new level; In the first three quarters of this year, Guangxi's total foreign 
trade imports and exports reached 498.15 billion yuan, up 18.4%, ranking the 
sixth in the country.

From 2004 to 2022, the trade volume between Guangxi Zhuang Autonomous Region 
and ASEAN, the province with the largest ethnic group population in China, 
increased more than 30 times. In recent years, Guangxi has led high-quality 
development with high-level opening-up, steadily promoted the joint 
construction of a new western land-sea channel, deepened the opening-up and 
cooperation with ASEAN and the Belt and Road countries, and accelerated the 
construction of a convenient place for domestic and international 
double-circulation markets.

Since this year, the Guangxi delegation has successfully visited Vietnam, 
Singapore, Malaysia, Cambodia and other ASEAN countries. A number of major 
opening platforms, such as the China-ASEAN Information Port, the financial 
opening gateway for ASEAN, the Fangchenggang International Medical Open Pilot 
Zone, the Nanning Airport Economic Demonstration Zone, and the Baise, Dongxing 
and Pingxiang national key development and opening pilot zones, are 
accelerating construction. 

To fully integrate national regional development strategies such as the 
Guangdong-Hong Kong-Macao Greater Bay Area, Guangxi has organized Party and 
government delegations to Guangdong, Hainan, Zhejiang, Jiangsu, Shanghai and 
Yunnan for study and exchange, and actively undertook industrial transfer. 
Guangxi has accelerated the construction of major transport projects connecting 
Guangdong, and built a fast-track network connecting the Guangdong-Hong 
Kong-Macao Greater Bay Area. It has strengthened the precise integration with 
industrial clusters in the Greater Bay Area, built a cross-regional and 
cross-border industrial and supply chain linking the "Guangdong-Hong Kong-Macao 
Greater Bay Area-Beibu Gulf Economic Zone-ASEAN", and constantly enhanced the 
potential for all-round opening up and development.

In terms of economic and trade exchanges and cooperation, Guangxi has 
extensively organized enterprises to participate in various key foreign-related 
exhibitions such as the Canton Fair, the Consumption Expo, the Canton Fair for 
Canadian Products, the China International Fair for Trade in China, and the 
Specialty Product Promotion Conference, and to carry out economic and trade 
exchanges in 12 countries in 4 regions including ASEAN, Japan and South Korea, 
the Middle East and the European Union, actively helping Guangxi enterprises go 
abroad. The China (Guangxi) Pilot Free Trade Zone has been built to high 
standards. With less than 5/10,000 of the total land area of the region, it has 
achieved 37.1% of the total import and export volume of the region and 39.4% of 
the actual utilized foreign investment.

Yang Chunting, director of the Department of Commerce of Guangxi Zhuang 
Autonomous Region, introduced that as the forefront and window of China's 
opening up and cooperation with ASEAN, Guangxi has actively promoted high-level 
opening up and achieved positive results. In the past five years, Guangxi's 
total agreement investment amounted to 6.33 billion US dollars, among which the 
total agreement investment to ASEAN countries amounted to 3.74 billion US 
dollars, accounting for 59%. ASEAN countries have invested and set up 335 
foreign-funded enterprises in Guangxi, involving manufacturing, leasing and 
business services, transportation, warehousing and postal services and other 
fields. 

Guangxi will initially form a domestic and international double circulation 
market operation facility through two to three years of efforts; basically 
complete the domestic and international double circulation market operation 
facility through four to five years; and fully complete the domestic and 
international double circulation market operation facility by 2030 as 
scheduled, realizing the all-round and whole process facilitation of 
investment, manufacturing, trade, consumption, capital flow, personnel 
exchange, smooth logistics, policy innovation, platform opening and 
utilization, and leading the market operation facilitation level in China.

Source: The Publicity Department of Guangxi Zhuang Autonomous Region