Page 356 - 2017 White Paper
P. 356
7 White Paper on the Business Environment in China
In addition to industrial output value, the development in Cambodia, Bangkok in Thailand, Kuala Lumpur in
zones are a key source of jobs in the province. The Malaysia, and Singapore.
province’s industrial zones have been developing their
industrial cluster according to the area characteristics. Ports and Waterways
For example, the coastal areas of Qinzhou, Beihai and
Fangcheng are now focused on petrochemicals, power Guangxi’s main port is at Beibuwan (Gulf of Tonkin),
plants, manganese steel, sugar, and high-tech products. which lies just off the coast of northeastern Vietnam
and has an annual goods output approximately equal
Efforts have been made by the local government to to that of Guangdong’s Zhanjiang and Fujian’s Xiamen
increase both foreign- and domestic investment in the combined (119 million tons). The province plans to raise
region. Global companies like Toyota, General Motors, the capacity of the port to over 450 million tons by the
NEC and IBM have all made investments in Guangxi. end of 2020, according to Guangxi’s 13th Five Years Plan.
Many large enterprises have established regional During the past few years, it invested heavily in terminal
headquarters in the city since July 2010 (when incentives and navigation channel projects with the goal of turning
were introduced to encourage doing so), including the the port into a hub for ASEAN trade.
brewer, Tsingtao, and household appliance maker, Haier.
As part of the China-ASEAN framework, the Pan-
Beibu Gulf Economic Cooperation Zone is comprised of
the Guangxi Zhuang autonomous region, Guangdong
and Hainan provinces, Vietnam, Malaysia, Singapore,
Indonesia, the Philippines and Brunei.
Infrastructure
Air
Guangxi’s airports include Nanning Wuwei, Guilin
Lianghe, Beihai Fucheng, Liuzhou Baihe, and the much
smaller Baise Tianyang and Quzhou Cheung Chau Island.
Rail
Guangxi’s railway network, which has long lagged
behind that of neighboring provinces, is currently
undergoing development and expansion. The province
plans to spend 800 billion yuan on railway construction
between 2016 and 2020, extending its railway to 6,000
kilometers.
This project is integrally connected to Guangxi’s
development of trade with ASEAN. The province plans to
accelerate the construction of a high-speed railway from
Nanning to Singapore via Vietnam as the groundwork
for the Nanning-Singapore Economic Corridor.
The first step of this is a railway segment between
Nanning and Pingxiang, a city near China’s border with
Vietnam. The larger Corridor is planned to encompass
Hanoi in Vietnam, Vientiane in Laos, Phnom Penh
356
In addition to industrial output value, the development in Cambodia, Bangkok in Thailand, Kuala Lumpur in
zones are a key source of jobs in the province. The Malaysia, and Singapore.
province’s industrial zones have been developing their
industrial cluster according to the area characteristics. Ports and Waterways
For example, the coastal areas of Qinzhou, Beihai and
Fangcheng are now focused on petrochemicals, power Guangxi’s main port is at Beibuwan (Gulf of Tonkin),
plants, manganese steel, sugar, and high-tech products. which lies just off the coast of northeastern Vietnam
and has an annual goods output approximately equal
Efforts have been made by the local government to to that of Guangdong’s Zhanjiang and Fujian’s Xiamen
increase both foreign- and domestic investment in the combined (119 million tons). The province plans to raise
region. Global companies like Toyota, General Motors, the capacity of the port to over 450 million tons by the
NEC and IBM have all made investments in Guangxi. end of 2020, according to Guangxi’s 13th Five Years Plan.
Many large enterprises have established regional During the past few years, it invested heavily in terminal
headquarters in the city since July 2010 (when incentives and navigation channel projects with the goal of turning
were introduced to encourage doing so), including the the port into a hub for ASEAN trade.
brewer, Tsingtao, and household appliance maker, Haier.
As part of the China-ASEAN framework, the Pan-
Beibu Gulf Economic Cooperation Zone is comprised of
the Guangxi Zhuang autonomous region, Guangdong
and Hainan provinces, Vietnam, Malaysia, Singapore,
Indonesia, the Philippines and Brunei.
Infrastructure
Air
Guangxi’s airports include Nanning Wuwei, Guilin
Lianghe, Beihai Fucheng, Liuzhou Baihe, and the much
smaller Baise Tianyang and Quzhou Cheung Chau Island.
Rail
Guangxi’s railway network, which has long lagged
behind that of neighboring provinces, is currently
undergoing development and expansion. The province
plans to spend 800 billion yuan on railway construction
between 2016 and 2020, extending its railway to 6,000
kilometers.
This project is integrally connected to Guangxi’s
development of trade with ASEAN. The province plans to
accelerate the construction of a high-speed railway from
Nanning to Singapore via Vietnam as the groundwork
for the Nanning-Singapore Economic Corridor.
The first step of this is a railway segment between
Nanning and Pingxiang, a city near China’s border with
Vietnam. The larger Corridor is planned to encompass
Hanoi in Vietnam, Vientiane in Laos, Phnom Penh
356