Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, October 17 2019 - 18:40
AsiaNet
Xinhua Silk Road: CEIS, Fitch Solutions jointly release report on opportunities in ASEAN under BRI
BEIJING, Oct. 17, 2019 /PRNewswire-AsiaNet/ --

China Economic Information Service (CEIS) of Xinhua News Agency and Fitch 
Solutions jointly released a report focusing on business opportunities in the 
Association of Southeast Asian Nations (ASEAN) under the Belt and Road 
Initiative (BRI) Tuesday at a forum held in Tuole, a village in southwest 
China's Guizhou Province.

Photo - https://photos.prnasia.com/prnh/20191016/2612743-1 

The report, released in both Chinese and English versions, was a joint product 
by CEIS, the main body responsible for the integrated management and operation 
of Xinhua News Agency's economic information, and Fitch Solutions, part of 
Fitch Group, a global leader in financial information services, aiming at 
providing valuable reference for participants of the Belt and Road construction.

This is the first time for CEIS and Fitch Solutions to carry out a joint 
research on the industry and market development opportunities brought by the 
BRI, and jointly released the research results to the world, said Gan Feng, 
Deputy General Manager of Xinhua Silk Road Department of CEIS.

The report analyzes development and opportunities in infrastructure 
construction, electricity, telecommunications, consumer goods, automobiles and 
other industries, noting that opportunities of infrastructure construction are 
mainly in the Asia-Pacific region and that of electricity are concentrated in 
Asia, Africa and the Middle East.

Opportunities in telecommunications are mainly in related infrastructure 
construction, data center, smart cities and other fields, while that of 
consumer goods like textiles, consumer electronics and coffee mainly in Russia, 
Vietnam and China's Hong Kong and that of automobiles mainly in the 
Asia-Pacific region and Sub-Saharan Africa, according to the report.

China and ASEAN boast extensive cooperation opportunities in transportation, 
water and energy infrastructure, residential construction and other fields, 
said Richard Marshall, Global Head of Infrastructure Research with Fitch 
Solutions, adding that Indonesia, Vietnam, Myanmar and other countries will be 
the focus of investment.

Held for four consecutive years since 2016, the Tuole Forum has become an 
important exchange platform for Guizhou to deepen opening-up and help Chinese 
enterprises to go global. This year's forum was themed on "Integrating into 
Belt and Road Construction and Sharing Benefits of An Open World Economy". 

See the original link: https://en.imsilkroad.com/p/308800.html

SOURCE  Xinhua Silk Road Information Service 

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   Link: https://iop.asianetnews.net/view-attachment?attach-id=347897

   Caption: Korean translation and English versions go separately with two 
separated files for reporting purposes.

Translations

Japanese