China To Showcase Trade With ASEAN
By Alex How

Bandar Seri Begawan - With less than a week to go, Nanning City, Guangxi, China is gearing up for the upcoming 31 China-Asean Expo (CAEXPO), which will take place from Oct 31 to Nov 3.

Vice-Minister of Commerce (China) Gao Hucheng said in a pre-expo meeting that the annual expo provided a unique outlook reflecting on the achievements of China's opening up to the world, especially in cooperative relations with 10 ASEAN - (Association of Southeast Asian Nations) member countries.

"CAEXPO, encouraged by its impressive effect on trade and investment development, is seeking to promote the construction of the China-ASEAN Free Trade Area (CAFTA)," Gao said.

With' the establishment of strategic partnership, the two sides have made substantial progress in a variety of fields.

The total transaction trade volume of 2"d CAEXPO hit USD$1.15 billion, an increase of USD$66 million compared to the inaugural CAEXPO in 2004.

The 3rd CAEXPO will focus on four pavilions, namely Investment Corporation, Com

modity Trade, Agricultural Advanced & Applicable Technology and Cities of Charm.

Under the Investment Corporation, the pavilion will focus on international project contracting, human resource cooperation, overseas processing trade, resource developing, agricultural cooperation and other related financial services.

This section will present investment in viting projects of urban development-and various economic and technological development zones in China and ASEAN countries, by briefing on policies and environment of investment, releasing project information and holding business talks.

The visitors or purchasers will have a closer look at more than 100 products or commodities, such as Electronics & Electrical Appliances, Building Materials & Household Ware, Agricultural Materials, Agricultural Produce & Foodstuffs, Oil & Chemical Products, Palm Oil and Its Products.

Handicrafts from the ASEAN countries can also be found at the Commodity Trade pavilion.

In the `Agricultural Advanced & Applicable Technology' section,.purchasers will get the latest information and the progress of the plantation & animal husbandry technologies, biotechnologies, and the effort made in the energy-saving & green technologies as well as new materials and new sources of energy.

China and the 10 ASEAN countries will select respectively one city that represents the unique culture flavour of their respective country as Cities of Charm to be promoted at the CAEXPO.

While, Shanghai, the host city of the 2010 World Expo, has been confirmed as the City of Charm of China for the 3rd CAEXPO, Bandar Seri Begawan of Brunei Darussalam will unveil the blue side (sunken pottery and marine tourism) at the upcoming CAEXPO.  -- Courtesy of Borneo Bulletin

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