ASEAN-China RMB2.1b economic cooperation deals inked

Seven economic cooperation projects worth 12.1 billion yuan between the Guangdong-Hong Kong-Macao Greater Bay Area and ASEAN countries were recently signed in the southern Chinese metropolis of Shenzhen. The signing was completed during the 2023 ASEAN-China Greater Bay Economic Cooperation (Qianhai) Forum that ran from July 29 to 30, which covered industrial park construction, digital economy and agricultural cooperation. The Greater Bay Area-ASEAN International Chamber of Commerce Alliance and the China-ASEAN Think Tank Partnership were established at the forum. The forum also resulted in an initiative concerning a closer Greater Bay Area-ASEAN economic partnership.