China wants to push for a Belt and Road Technological Innovation action plan with ASEAN countries and build regional technology transfer and cooperation networks, China‘s Vice-Premier Han Zheng said on Wednesday.
He made the remarks at the opening of the ongoing 15th China-ASEAN Expo (CAEXPO) and the China-ASEAN Business and Investment Summit in Nanning, capital of the Guangxi Zhuang Autonomous Region.
"It will promote technology transfer and high-tech personnel training. It aims to provide strong technological and intellectual support for regional development," he added.
Cambodia is this year's guest of honor at the event and Cambodian Prime Minister Samdech Techo Hun Sen is leading a high-level delegation at CAEXPO.
Hun Sen welcomes investment and said technology sharing could be very beneﬁcial for Cambodia.
"Our friends in China have made great achievements in technological innovation. They'll be shared with us at this expo, and will be a great bonus for both China and ASEAN," he said.
This year marks the 15th anniversary of the establishment of the China-ASEAN strategic partnership, and the 15th anniversary of the founding of the summit. The theme is the Belt & Road Initiative and innovation. Representatives from some 27,000 companies from 30 countries have gathered in Nanning from Sept. 12 to 15.
Southern Transport Corridor focus on China-ASEAN Business Leaders Forum
"This year's CAEXPO will serve the country's Belt and Road Initiative and promote the construction of the Southern Transport Corridor, which will be an important part of the effort,” officials said at the China-ASEAN Business Leaders Forum on Wednesday.
The Southern Transport Corridor is an important artery linking China's western provinces to Association of Southeast Asian Nations (ASEAN) countries via the Beibu Gulf in South China's Guangxi. By this route, goods coming from the western provinces of China can be shipped to Singapore by road, railway and waterways. The route also connects Europe to Southeast Asia, with Chongqing as the vital railway link.
The corridor is expected to offer a shorter, quicker and cheaper trade route between western China and Southeast Asia, helping the region expand its economic cooperation with Europe and the rest of the world.