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Xinhua Silk Road Database
Policy

China supports Yunnan province to strengthen co-op with South Asia and Southeast Asia

March 04, 2019


Abstract : National Development and Reform Commission (NDRC), China's top economic planner, has recently unveiled a document to support the border province Yunnan to strengthen cooperation with the neighboring countries in South Asia and Southeast Asia.

BEIJING, March 4 (Xinhua) -- National Development and Reform Commission (NDRC), China's top economic planner, has recently unveiled a document to support the border province Yunnan to strengthen cooperation with the neighboring countries in South Asia and Southeast Asia.

According to the document, Yunnan will further deepen agricultural cooperation with neighboring countries in the field of planting, and animal husbandry and fishery.

China will support Yunnan to strengthen mutually beneficial cooperation with neighboring countries on planting of crops such as sugar cane, fruit, tea, coffee and sericulture according to local conditions.

The province will give play to the main role of enterprises to establish agricultural production bases, bulk agricultural product trading centers, warehousing centers and distribution systems with neighboring countries.

Yunnan will also intensify infrastructure interconnection and capacity cooperation with neighboring countries.

The document said that the country will support Yunnan to promote the infrastructure interconnection in the Bangladesh-China-India-Myanmar (BCIM) Economic Corridor and China-Indochina Peninsula Economic Corridor, facilitate the construction of cross-border roads, and accelerate the implementation of cross-border automobile transportation agreements with neighboring countries.

Meanwhile, Yunnan will also be supported to promote its power interconnection with neighboring countries. Relevant enterprises in Yunnan will be encouraged to carry out major power project cooperation such as power generation, power transmission and transformation, power grid transformation and construction through investment, operation management, project contracting, design consultation and other means to enhance the level of local power infrastructure.

In terms of the tourism, Yunnan will be supported to establish the border tourism pilot zones, and jointly build cross-border tourism cooperation zones with neighboring countries.

In addition, China will also support Southeast Asian countries to set up Sino-foreign joint venture travel agencies in Yunnan.

In the financial field, it will further promote RMB use in the trade and investment between the enterprises in Yunnan and neighboring countries, improve cross-border clearing and settlement channels with overseas banking financial institutions, and explore cross-border use of non-cash payment instruments.

In terms of the cultural exchanges with neighboring countries, universities in Yunnan Province are supported to receive more overseas students gaining Chinese government scholarships. The province will be encouraged to build itself into a Chinese education center for Southeast Asia and Southeast Asia. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: Belt-and-road Yunnan-tourism

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