Free trade zone boosts connection and attracts enterprise investment
3 years, 3 months ago

Free trade zone boosts connection and attracts enterprise investment

China Daily  

The China Pilot Free Trade Zone is committed to becoming an international investment and trade pilot zone aimed at ASEAN members. LU YILIN/FOR CHINA DAILY The China Pilot Free Trade Zone is making full use of its geographical advantages, engaging members of the Association of Southeast Asian Nations, and helping promote market expansion, information exchanges and coordinated industrial development between the Guangxi Zhuang autonomous region and its neighbors. To better cooperate with ASEAN and the Regional Comprehensive Economic Partnership, the China Pilot Free Trade Zone has set up a China-ASEAN economic and trade center. The China Pilot Free Trade Zone is also working on building an open financial ecosystem, which features China-ASEAN cross-border financial reform and innovation.

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History of this topic

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation
2 weeks, 4 days ago

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation

China Daily  

South China's Guangxi Zhuang autonomous region will promote the construction of the China-ASEAN information port while positioning itself as a key hub on the Digital Silk Road and bolstering cooperation with ASEAN countries to fuel the high-quality growth of the digital economy, officials said on Friday. These sectors now contribute 11.79 percent to the region's GDP growth, according to Zhao …

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation
2 weeks, 4 days ago

Guangxi eyes becoming a Digital Silk Road hub for ASEAN cooperation

China Daily  

South China's Guangxi Zhuang autonomous region will promote the construction of the China-ASEAN information port while positioning itself as a key hub on the Digital Silk Road and bolstering cooperation with ASEAN countries to fuel the high-quality growth of the digital economy, officials said on Friday. These sectors now contribute 11.79 percent to the region's GDP growth, according to Zhao …

Deep Dive into Guangxi's Fruit Trade Boom: A Gateway to ASEAN
Trending News
1 month, 4 weeks ago

Deep Dive into Guangxi's Fruit Trade Boom: A Gateway to ASEAN

China Daily  

The article highlights the significant role played by the China-ASEAN pilot free trade zone in deepening economic links between China and ASEAN member countries. The zone's strategic location and infrastructure have attracted numerous businesses and investors, fostering trade and investment in the region. The flourishing fruit trade has created numerous opportunities for entrepreneurs and contributed to Guangxi's economic growth. The …

Deep Dive: Boosting Trade with ASEAN in the Heart of China's Gateway to the Region
1 month, 4 weeks ago

Deep Dive: Boosting Trade with ASEAN in the Heart of China's Gateway to the Region

China Daily  

Deepening economic links with ASEAN, the pilot free trade zone in Guangxi is fostering trade and investment between China and Southeast Asia. The zone has attracted numerous businesses and investors, with a focus on agricultural products and cross-border trade. The pilot FTZ's policies and infrastructure have created a conducive environment for businesses to thrive, leading to increased exports and economic …

China launches pilot program to expand opening-up in value-added telecom services
2 months ago

China launches pilot program to expand opening-up in value-added telecom services

China Daily  

A visitor checks out Haier's booth during an electronics expo in Shanghai in March. BEIJING - China's Ministry of Industry and Information Technology on Wednesday launched a pilot program to expand opening-up in value-added telecom services in four designated areas in Beijing, Shanghai, Hainan and Shenzhen. The pilot program will allow foreign investors to operate wholly-owned businesses such as internet …

China (Shandong) Pilot Free Trade Zone Yantai Area makes invaluable institutional innovations
3 months, 2 weeks ago

China (Shandong) Pilot Free Trade Zone Yantai Area makes invaluable institutional innovations

China Daily  

An aerial photo of China Pilot Free Trade Zone Yantai Area. Since its establishment in 2019, China Pilot Free Trade Zone Yantai Area, located in the Yantai Huang-Bohai New Area, Shandong province, has been actively exploring institutional innovations, with numerous new systems and experiences being disseminated nationwide. These initiatives have yielded positive outcomes, lowering transaction costs for businesses within the …

Institutional innovations in pilot FTZs shift China's opening up into higher gear
4 months ago

Institutional innovations in pilot FTZs shift China's opening up into higher gear

China Daily  

A view of Lin-gang Special Area of China Pilot Free Trade Zone. BEIJING -- Over the past year, a slew of pioneering institutional innovations implemented in China's pilot free trade zones have formed a strong magnet for foreign investment, shifting the opening up process of the world's second-largest economy to a higher level. When HSBC, a multinational banking and financial …

China-Malaysia Qinzhou Industrial Park
7 months, 3 weeks ago

China-Malaysia Qinzhou Industrial Park

China Daily  

At the construction site of the Minhe Grain and Oil Industrial Base Project, a key project under the "Two Countries, Twin Parks" initiative between China and Malaysia, located on Jinji Street, Qinzhou Port, significant progress has been made. The project site is located less than 1 kilometer from the port, providing a distinct advantage in transportation costs as products are …

Tianjin Pilot Free-Trade Zone: Pioneering new models and fostering emerging industries
8 months ago

Tianjin Pilot Free-Trade Zone: Pioneering new models and fostering emerging industries

China Daily  

Established on April 21, 2015, the China Pilot Free-Trade Zone was the first such zone in Northern China. Covering 119.9 square kilometers, only one percent of Tianjin's land area, it contributes 30 percent of the city's total foreign trade volume and 40 percent of its actual utilization of foreign investments. Data shows that the scale of financing leasing in the …

Qingdao FTZ hosts investment promotion event in Shanghai
9 months, 3 weeks ago

Qingdao FTZ hosts investment promotion event in Shanghai

China Daily  

The Qingdao Area of the China Pilot Free Trade Zone in Shandong province held its inaugural 2024 investment promotion conference in Shanghai's Pudong New Area. Attended by 130 senior executives from 82 companies in various industries, the event showcased the zone's commitment to fostering high-quality development. Gao Shanwu, deputy secretary of the Qingdao West Coast New Area Work Committee and …

Qingdao FTZ hosts investment promotion event in Shanghai
9 months, 3 weeks ago

Qingdao FTZ hosts investment promotion event in Shanghai

China Daily  

The Qingdao Area of the China Pilot Free Trade Zone in Shandong province held its inaugural 2024 investment promotion conference in Shanghai's Pudong New Area. Attended by 130 senior executives from 82 companies in various industries, the event showcased the zone's commitment to fostering high-quality development. Gao Shanwu, deputy secretary of the Qingdao West Coast New Area Work Committee and …

China-ASEAN industrial cooperation deepens on RCEP
10 months, 2 weeks ago

China-ASEAN industrial cooperation deepens on RCEP

China Daily  

Customs officials inspect durian quality at a port in Pingxiang, Guangxi Zhuang autonomous region, in September. As the world's largest free trade agreement, the RCEP includes 10 ASEAN members, along with China, Japan, South Korea, Australia and New Zealand. According to China's General Administration of Customs, ASEAN remained China's largest trading partner in 2023, with the total trade between the …

All vibrant on the western front
11 months, 3 weeks ago

All vibrant on the western front

China Daily  

Customers shop at Kashgar's cross-border e-commerce exhibition and trading center in Xinjiang in November. DING LEI/XINHUA Xinjiang's south transformed by reforms into dynamic trade gateway to Central Asia, Europe Xinjiang Uygur autonomous region's southern area is becoming a new frontier for China's opening-up, with land ports seeing a surge in cross-border cargo traffic, foreign trade companies enjoying booming business and …

All vibrant on the western front
11 months, 3 weeks ago

All vibrant on the western front

China Daily  

Customers shop at Kashgar's cross-border e-commerce exhibition and trading center in Xinjiang in November. DING LEI/XINHUA Xinjiang's south transformed by reforms into dynamic trade gateway to Central Asia, Europe Xinjiang Uygur autonomous region's southern area is becoming a new frontier for China's opening-up, with land ports seeing a surge in cross-border cargo traffic, foreign trade companies enjoying booming business and …

Free trade zone breathes new life into commerce
1 year, 2 months ago

Free trade zone breathes new life into commerce

China Daily  

After four years of development, the Qingdao Area of the China Pilot Free Trade Zone, or Qingdao FTZ, has made significant strides in improving its business environment and provision of services. Its international trade and financial service center has attracted 42 service agencies including banks, insurance and accounting firms, law firms and arbitration institutions that provide investment and financing services. …

Free trade zone breathes new life into commerce
1 year, 2 months ago

Free trade zone breathes new life into commerce

China Daily  

After four years of development, the Qingdao Area of the China Pilot Free Trade Zone — or Qingdao FTZ — has made significant strides in improving its business environment and provision of services. Its international trade and financial service center has attracted 42 service agencies including banks, insurance and accounting firms, law firms and arbitration institutions that provide investment and …

Guangxi pilot FTZ at forefront of China-ASEAN cooperation
1 year, 3 months ago

Guangxi pilot FTZ at forefront of China-ASEAN cooperation

China Daily  

A woman chooses bananas imported from the Philippines at a supermarket in Nanning, south China's Guangxi Zhuang Autonomous Region, Sept 7, 2023. Guangxi has risen to the forefront of China's trade and cooperation with the Association of Southeast Asian Nations in recent years, thanks to the establishment of a pilot free trade zone dedicated to China-ASEAN cooperation. The China Pilot …

Guangxi FTZ to play bigger role in commerce with RCEP
1 year, 3 months ago

Guangxi FTZ to play bigger role in commerce with RCEP

China Daily  

Updated: Sep 12, 2023 By ZHONG NAN in Beijing and ZHANG LI in Nanning China Daily Global Visitors walk past the exhibition booth of the China Pilot Free Trade Zone during the 19th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 18. PENG HUAN/FOR CHINA DAILY Advanced industrial development, opening-up to benefit biz connections With China supporting its …

Guangxi FTZ to play bigger role in commerce with RCEP
1 year, 3 months ago

Guangxi FTZ to play bigger role in commerce with RCEP

China Daily  

Visitors walk past the exhibition booth of the China Pilot Free Trade Zone during the 19th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 18. PENG HUAN/FOR CHINA DAILY Advanced industrial development, opening-up to benefit biz connections With China supporting its pilot free trade zones to play a bigger role in facilitating its opening-up and high-quality industrial growth, …

Officials say policy to further open up pilot FTZs a big step
1 year, 5 months ago

Officials say policy to further open up pilot FTZs a big step

China Daily  

China's new policy measures relating to free trade areas, which were announced on Thursday, will better leverage international and domestic markets as well as resources and promote high-quality development, senior officials said on Friday. Chen Chunjiang, assistant minister of commerce, said Shanghai, Beijing and Tianjin municipalities and Guangdong and Fujian provinces, as well as the Hainan Free Trade Port, will …

Officials say policy to further open up pilot FTZs a big step
1 year, 5 months ago

Officials say policy to further open up pilot FTZs a big step

China Daily  

China's new policy measures relating to free trade areas, which were announced on Thursday, will better leverage international and domestic markets as well as resources and promote high-quality development, senior officials said on Friday. Chen Chunjiang, assistant minister of commerce, said Shanghai, Beijing and Tianjin municipalities and Guangdong and Fujian provinces, as well as the Hainan Free Trade Port, will …

Overview
1 year, 6 months ago

Overview

China Daily  

Strategic positioning and development goals of China Pilot Free Trade Zone In order to fully implement the central government's requirements on developing the new strategic pivot for the opening-up of the Southwest as well as Central and South China, the China Pilot Free Trade Zone aims to utilize Guangxi's close proximity to ASEAN states by building a new global land …

Initiative seeks parternships between FTZs
1 year, 8 months ago

Initiative seeks parternships between FTZs

China Daily  

This photo taken on March 27, 2023 shows a fountain square in front of the Boao Forum for Asia International Conference Center in Boao, South China's Hainan province. An initiative calling for partnerships between free trade zones worldwide was launched on Wednesday at the Global Free Ports Development Forum during the Boao Forum for Asia annual conference 2023. "The free …

Area thrives as global innovation and trade hub
2 years, 3 months ago

Area thrives as global innovation and trade hub

China Daily  

Representatives attend the three-year anniversary of the establishment of the Qingdao Area of the China Pilot Free Trade Zone. CHINA DAILY Since its establishment in 2019, the Qingdao Area of the China Pilot Free Trade Zone has taken institutional innovation as its core to boost the opening-up and high-quality development of the region, said local officials. The Qingdao free trade …

Guangxi boosts integrated development of domestic, foreign trade
2 years, 6 months ago

Guangxi boosts integrated development of domestic, foreign trade

China Daily  

Guangxi Zhuang autonomous region will strive to achieve an annual growth rate of more than 25 percent in market procurement trade exports, as well as cultivate over 10 high-quality enterprises involved in both domestic and foreign trade by the end of 2025, according to the recently released Implementation Plan of the Integrated Development of Guangxi Domestic and Foreign Trade. The …

Guangxi introduces 33 measures to boost foreign trade growth
2 years, 6 months ago

Guangxi introduces 33 measures to boost foreign trade growth

China Daily  

Thirty-three measures covering eight aspects were recently put forward by Guangxi Zhuang autonomous region to stabilize local foreign trade development and to promote steady growth. In terms of expanding the import scale of bulk commodities, major enterprises will receive customized services, with those managing import businesses receiving more credit and loan support. Major enterprises importing bulk commodities are expected to …

Guangxi's pilot FTZ sees surge in cross-border e-commerce in Q1
2 years, 7 months ago

Guangxi's pilot FTZ sees surge in cross-border e-commerce in Q1

China Daily  

A cargo ship docks at Qinzhou Port in China-ASEAN Free Trade Area in Qinzhou, Guangxi Zhuang autonomous region, on July 11, 2020. NANNING -- The pilot free trade zone in South China's Guangxi Zhuang autonomous region saw its import and export of cross-border e-commerce hit 3.51 billion yuan in the first quarter of 2022, up 108.4 percent year-on-year. Meanwhile, the …

Seven years on for Tianjin free trade zone
2 years, 8 months ago

Seven years on for Tianjin free trade zone

China Daily  

This year marks the 7th anniversary of the China Pilot Free Trade Zone, the first of its kind in north China since it was approved by the State Council on April 21, 2015. The pilot zone has been spearheading deepened reforms, breaking new ground in opening up and bridging domestic and international markets for the port city, said Wang Xu, …

Seven years on for Tianjin free trade zone
2 years, 8 months ago

Seven years on for Tianjin free trade zone

China Daily  

This year marks the 7th anniversary of the China Pilot Free Trade Zone, the first of its kind in north China since it was approved by the State Council on April 21, 2015. The pilot zone has been spearheading deepened reforms, breaking new ground in opening up and bridging domestic and international markets for the port city, said Wang Xu, …

New administrative model benefits enterprises in Yantai FTZ
2 years, 8 months ago

New administrative model benefits enterprises in Yantai FTZ

China Daily  

The China Pilot Free Trade Zone Yantai Area launched a new administrative model to facilitate investment, which has helped 22 foreign-invested enterprises in the area receive their business licenses without going back to their home country. Yantai area piloted the "Sino-Japan-South Korea Cross-border Investment Facilitation Model" by giving full play to its advantages of close cooperation with Japan and South …

New administrative model benefits enterprises in Yantai FTZ
2 years, 8 months ago

New administrative model benefits enterprises in Yantai FTZ

China Daily  

The China Pilot Free Trade Zone Yantai Area launched a new administrative model to facilitate investment, which has helped 22 foreign-invested enterprises in the area receive their business licenses without going back to their home country. Yantai area piloted the "Sino-Japan-South Korea Cross-border Investment Facilitation Model" by giving full play to its advantages of close cooperation with Japan and South …

Guangxi FTZ responds to RCEP rules
3 years ago

Guangxi FTZ responds to RCEP rules

China Daily  

China Pilot Free Trade Zone has economic and trade exchanges with other member states of the Regional Comprehensive Economic Partnership. In order to develop further, Guangxi FTZ must give full play to its own advantages, make good use of RCEP rules and develop alongside RCEP member states. Given its Cumulative Rules of Origin, RCEP will further expand and stabilize regional …

Guangxi strengthens cooperation with ASEAN
3 years ago

Guangxi strengthens cooperation with ASEAN

China Daily  

In the next five years, Guangxi will strive to make the most of version 3.0 of ASEAN–China Free Trade Area to expand production capacity, economic and trade exchanges and cooperation with the Association of Southeast Asian Nations, according to a Guangxi official. Guangxi will accelerate the construction of a "Greater Bay Area-Beibu Gulf Economic Zone-ASEAN" cross-regional and cross-border industrial supply …

Guangxi releases scientific innovation plan for next 5 years
3 years, 1 month ago

Guangxi releases scientific innovation plan for next 5 years

China Daily  

Guangxi released its scientific innovation plan for the 14th Five-Year Plan period, officials from the Science and Technology Department of Guangxi Zhuang Autonomous Region announced on Nov 16. The document put forward that Guangxi will strengthen technology transfers and innovation cooperation as well as deepen all-round cooperation with ASEAN countries in sectors spanning the digital economy, distinctive agriculture, traditional Chinese …

Nanning FTZ develops into reform, opening-up growth engine
3 years, 1 month ago

Nanning FTZ develops into reform, opening-up growth engine

China Daily  

The Nanning area of the China Pilot Free Trade Zone is experiencing rapid development. The Nanning area of the China Pilot Free Trade Zone has now developed into a new growth engine for leading Nanning's reform and opening-up, local media outlets reported on Nov 15. In 2020, Nanning has 392 enterprises with an output value of over 100 million yuan, …

Guangxi FTZ trains cross-border e-commerce talents
3 years, 1 month ago

Guangxi FTZ trains cross-border e-commerce talents

China Daily  

The Lazada cross-border ecological innovation service center in Nanning. The Nanning area of China Pilot Free Trade Zone has taken the lead in innovating a China-ASEAN cross-border e-commerce talent training model by building a cross-border e-commerce talent training system and a cross-border e-commerce ecological service chain in Guangxi. The area relies on the national offshore innovation and entrepreneurship base for …

Guangxi FTZ speeds up construction of industrial chain with ASEAN
3 years, 3 months ago

Guangxi FTZ speeds up construction of industrial chain with ASEAN

China Daily  

A view of the Nanning area of the Guangxi FTZ. The China Pilot Free Trade Zone is now moving forward with the construction of the cross-border industry as well as the supply and value chains associated with ASEAN, local media outlets reported on Sept 22. The Nanning area of the Guangxi FTZ has been promoting the aggregation of advanced manufacturing …

China-ASEAN Trade Index released in China's Guangxi
3 years, 3 months ago

China-ASEAN Trade Index released in China's Guangxi

China Daily  

NANNING -- The China-ASEAN Trade Index was released for the first time during the ongoing 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Nanning, capital of South China's Guangxi Zhuang autonomous region. The 2020 index stood at 241.09 points, an increase of 19.64 percent compared with the level of 2019 and up 141.09 percent compared with 2010. …

Guangxi's pilot FTZ eyes high-quality development
3 years, 3 months ago

Guangxi's pilot FTZ eyes high-quality development

China Daily  

2021 marks the 2nd anniversary of the China Pilot Free Trade Zone. With great emphasis placed on international investment, foreign trade, financial opening-up, the maritime shipping economy, modern service industry and the New International Land-Sea Trade Corridor, the region has led the nation in high-quality FTZ development. Institutional innovation Targeting ASEAN countries, boosting opening-up along the border, carrying out differentiation …

Major industries in the Chongzuo Area of China (Guangxi) Pilot Free Trade Zone
3 years, 4 months ago

Major industries in the Chongzuo Area of China (Guangxi) Pilot Free Trade Zone

China Daily  

1.Cross-border finance Chongzuo Area will implement its ASEAN-oriented cross-border financial innovation, and deepen financial reform through promoting the use of Chinese currency in ASEAN countries as the mainstay. It will also urge the relevant authorities to allow both Chinese and Vietnamese residents living in the border area to prolong their stay in Chongzuo and the adjacent region in Vietnam, from …

Major industries in the Nanning Area of China (Guangxi) Pilot Free Trade Zone
3 years, 4 months ago

Major industries in the Nanning Area of China (Guangxi) Pilot Free Trade Zone

China Daily  

Modern Finance Focusing on the development of modern finance, scientific innovation, information services and headquarter economies, the area will build itself into a core region opening up to ASEAN countries. Digital Economy Focusing on the development of cloud computing, big data, e-commerce, scientific innovation, intelligent city and smart manufacturing, the area will build itself into a highly synergetic digital economy …

China-ASEAN Business Center unveiled in South China's Guangxi
3 years, 7 months ago

China-ASEAN Business Center unveiled in South China's Guangxi

China Daily  

Visitors to the Malaysian pavilion of the 17th China-ASEAN Expo participate in a livestreaming session on Nov 28, 2020. The China-ASEAN Business Center was officially opened in Nanning Area of China Pilot Free Trade Zone on Saturday, which aims to provide one-stop services for China-ASEAN economic cooperation. The center will surely facilitate cooperation between China and ASEAN countries, especially at …

Free trade zones of Qingdao, Guangzhou reach cooperation
3 years, 8 months ago

Free trade zones of Qingdao, Guangzhou reach cooperation

China Daily  

The Nansha Area of the China Pilot Free Trade Zone in Guangzhou province and the Qingdao Area of China Pilot Free Trade Zone in Shandong province signed a strategic cooperation framework agreement on innovative development in Qingdao West Coast New Area on March 12. According to the agreement, the two sides will promote efforts to share the fruits of institutional …

Free trade zones of Qingdao, Guangzhou reach cooperation
3 years, 8 months ago

Free trade zones of Qingdao, Guangzhou reach cooperation

China Daily  

The Nansha Area of the China Pilot Free Trade Zone in Guangzhou province and the Qingdao Area of China Pilot Free Trade Zone in Shandong province signed a strategic cooperation framework agreement on innovative development in Qingdao West Coast New Area on March 12. According to the agreement, the two sides will promote efforts to share the fruits of institutional …

Nation eases path for multinationals
3 years, 9 months ago

Nation eases path for multinationals

China Daily  

By HE WEI in Shanghai| China Daily| Updated :2021-03-10 Overseas companies welcome new investment policies For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year. Initiatives launched French cosmetics giant L'Oreal, whose China headquarters is located in Shanghai, cited a number of initiatives launched by the local government that helped …

Nation eases path for multinationals
3 years, 9 months ago

Nation eases path for multinationals

China Daily  

A bird's-eye view of Beijing's Central Business District, where many global conglomerates have their headquarters. Initiatives launched French cosmetics giant L'Oreal, whose China headquarters is located in Shanghai, cited a number of initiatives launched by the local government that helped advance the company's development in the country and achieve 27 percent year-on-year growth last year. Fabrice Megarbane, president of L'Oreal …

Free trade zone opening up economy of region
4 years ago

Free trade zone opening up economy of region

China Daily  

The Guangxi Zhuang autonomous region is vowing to seize opportunities brought by the newly established China Pilot Free Trade Zone and expand economic and trade cooperation with neighboring countries. In 2019 alone, a total of 99 agricultural products made from 89 Guangxi enterprises were certified by Hong Kong's "zheng" seal, including 30 kinds of tea products; 18 kinds of fruit …

习近平在第三届中国国际进口博览会开幕式上的主旨演讲（双语全文）
4 years, 1 month ago

习近平在第三届中国国际进口博览会开幕式上的主旨演讲（双语全文）

China Daily  

第三届中国国际进口博览会开幕式11月4日晚在上海举行，国家主席习近平以视频方式发表主旨演讲。 11月4日晚，第三届中国国际进口博览会开幕式在上海举行，国家主席习近平以视频方式发表主旨演讲。（图片来源：中国日报） 以下为演讲双语全文： 在第三届中国国际进口博览会开幕式上的主旨演讲 （2020年11月4日，北京） 中华人民共和国主席 习近平 Keynote Speech by H.E. Xi Jinping President of the People’s Republic of China At the Opening Ceremony of The Third China International Import Expo Beijing, 4 November 2020 尊敬的各位国家元首、政府首脑， 尊敬的各位国际组织负责人， 尊敬的各代表团团长， 各位来宾， 女士们，先生们，朋友们： Your Excellencies Heads of State and Government, Your Excellencies Heads of International Organizations, Your Excellencies Heads of Delegations, Distinguished Guests, …

Shandong, ASEAN strengthen ties
4 years, 3 months ago

Shandong, ASEAN strengthen ties

China Daily  

An employee inspects cargo handling equipment at a container terminal in the China Pilot Free Trade Zone in Qingdao, Shandong province. With the 10-member Association of Southeast Asian Nations becoming Shandong's largest trading partner and export market in the first half of the year, the two sides are enjoying stronger trade ties. It will cost an estimated $200 million and …

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