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About China-Indochina Peninsula Economic Corridor under Belt and Road Initiative

September 19, 2019


Abstract : The China-Indochina Peninsula Economic Corridor links China with the Indochina Peninsula and crosses the heart of Vietnam, Laos, Cambodia, Thailand, Myanmar and Malaysia. It is also expected to boost China's cooperation with the ASEAN countries.

Aerial photo taken on Sept. 19, 2019 shows the Pingxiang Integrated Free Trade Zone in Pingxiang, south China's Guangxi Zhuang Autonomous Region. (Xinhua/Nong Guanbin)

China and the Indochina Peninsula are connected by land and sea, with close geographical, cultural, and people-to-people ties. The Indochina Peninsula is an important link on the Belt and Road.

The China-Indochina Peninsula Economic Corridor (CICPEC) extends from China's Pearl River Delta westward along the Nanchong-Guang'an Expressway and the Nanning-Guangzhou High-speed Railway via Nanning and Pingxiang to Hanoi and Singapore. This land bridge links China with the Indochina Peninsula and crosses the heart of Vietnam, Laos, Cambodia, Thailand, Myanmar and Malaysia. It is also expected to boost China's cooperation with the ASEAN countries.

The CICPEC project aims to better connect cities in this region with a network of railways and highways to facilitate the flow of people, goods, capital and information. It will open up new opportunities for strategic cooperation, and create a regional economy bolstered by complementary strengths to ensure sound regional development. By creating new regional growth drivers, it will help achieve common prosperity on the peninsula, and strengthen the China-ASEAN community with a shared future.

(Source: China.org.cn)

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Keyword: BRI economic corridor China-Indochina Peninsula Economic Corridor

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