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The Deepening of Practical Production Capacity and Investment Cooperation among the Lancang-Mekong Countries --- The Lancang-Mekong Countries Production Capacity and Investment Cooperation Forum Held in Nanning

Time:2018-10-12
 

On 13 of September, the Lancang-Mekong Countries Production Capacity and Investment Cooperation Forum, sponsored by the National Development and Reform Commission, Ministry of Foreign Affairs, the People’s Government of Guangxi, International Cooperation Center of the National Development and Reform Commission and Guangxi Development and Reform Commission, was convened in Nanning. The Forum, under the theme of “Deepen Production Capacity Cooperation, Promote Common Development” was one of a series of activities held at the China-ASEAN Expo and aimed at building up a platform for the development of production capacity and investment cooperation of countries along the Lancang-Mekong River. More than 300 representatives from different government departments, industrial associations, research institutions, financial intuitions and companies attended the Forum. Vice Chairman of NDRC and Chairman of the National Bureau for Statistics Ning Jizhe, Chairman Lan Tianli of the Guangxi Political Consultative Conference, Director General Huang Yong of ICC and ministers from Laos, Thailand and other Lancang-Mekong River countries spoke at the forum.

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The Forum

At the first session of the Forum, government representatives from different countries said the development of production capacity cooperation met the demand of different sides and was warmly welcome by the public. Ning Jizhe pointed out that the Lancang-Mekong region is the area with the fastest economic growth and bright development prospect in the world. There are great potentials in developing the cooperation on production capacity and investment cooperation in the region. Currently, the 6 countries are promoting the 3-Year Action Plan on Production Capacity and Investment Cooperation Plan, setting up working teams, exploring industrial park cooperation with the mode of “multiple countries with multiple parks” and establishing the Lancang-Mekong joint investment fund. The multilateral cooperation has been translated into concrete actions and fruitful results from common visions of the 6 nations. To further deepen the cooperation is of great significance for better adapting to the fluctuating global economic situation, enhancing and increasing the stability of economic recovery and growth of the countries, promoting regional economic development and advancing global economic recovery. Chairman Ning also made 4 proposals regarding the promotion the cooperation under the Belt and Road framework.

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Vice Chairman of NDRC and Chairman of the National Bureau for Statistics Ning Jizhe

Representatives from 5 countries stressed the great support of theirs to the cooperation and spoke highly of it in promoting regional economic development. They briefed the participants on the economic development progress of their respective countries and shared thoughts and suggestions on further developing the cooperation.

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Chairman Lan Tianli of the Guangxi Political Consultative Conference

Huang Yong said in his speech that with the growing Lancang-Mekong cooperation, production capacity cooperation becomes one of the most important modes and contents for the promotion of the practical cooperation among the 6 countries. ICC, as the executive agency from the Chinese side of the cooperation has played a key role in promoting the cooperation. The ICC has maintained close contact with its counterparts in the 5 nations since 2016 and developed close bond with them. In the future, it would continue to work on relevant fields to make greater contributions to the formation of the community of common destiny of the Lancang-Mekong countries.

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Vice Minister of Planning and Investment of Laos spoke at the forum

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Vice Minister of Foreign Affairs of Thailand spoke at the forum

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Director General Huang Yong of ICC

On 12 of September, the 3rd Director General-Level Meeting was held to further discuss the compiling of the 3-Year Plan, the establishment of the Lancang-Mekong Countries Production Capacity and Investment Cooperation Alliance, the “multiple countries with multiple parks” cooperation, the joint investment fund and other issues regarding the cooperation.
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Group Photo of government representatives from the Lancang-Mekong Countries

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