Page 98 - 2018 Special Report on the State of Business in South China
P. 98
Fangcheng are now focused on petrochemicals, power Ports and Waterways
plants, manganese steel, sugar, and high-tech products.
Guangxi’s main port is at Beibuwan (Gulf of Tonkin),
Efforts have been made by the local government to which lies just off the coast of northeastern Vietnam
increase both foreign- and domestic investment in the and has an annual goods output approximately equal
region. Global companies like Toyota, General Motors, to that of Guangdong’s Zhanjiang and Fujian’s Xiamen
NEC and IBM have all made investments in Guangxi. combined (119 million tons). The province plans to raise
Many large enterprises have established regional the capacity of the port to over 450 million tons by the
headquarters in the city since July 2010 (when incentives end of 2020, according to Guangxi’s 13th Five Years Plan.
were introduced to encourage doing so), including the During the past few years, it invested heavily in terminal
brewer, Tsingtao, and household appliance maker, Haier. and navigation channel projects with the goal of turning
the port into a hub for ASEAN trade.
As part of the China-ASEAN framework, the Pan-
Beibu Gulf Economic Cooperation Zone is comprised of
the Guangxi Zhuang autonomous region, Guangdong
and Hainan provinces, Vietnam, Malaysia, Singapore,
Indonesia, the Philippines and Brunei.
Infrastructure
Air
Guangxi’s airports include Nanning Wuwei, Guilin
Lianghe, Beihai Fucheng, Liuzhou Baihe, and the much
smaller Baise Tianyang and Quzhou Cheung Chau Island.
Rail
Guangxi’s railway network, which has long lagged
behind that of neighboring provinces, is currently
undergoing development and expansion. The
province plans to spend RMB800 billion on railway
construction between 2016 and 2020, extending its
railway to 6,000 kilometers.
This project is integrally connected to Guangxi’s
development of trade with ASEAN. The province plans to
accelerate the construction of a high-speed railway from
Nanning to Singapore via Vietnam as the groundwork
for the Nanning-Singapore Economic Corridor.
The first step of this is a railway segment between
Nanning and Pingxiang, a city near China’s border with
Vietnam. The larger Corridor is planned to encompass
Hanoi in Vietnam, Vientiane in Laos, Phnom Penh
in Cambodia, Bangkok in Thailand, Kuala Lumpur in
Malaysia, and Singapore.
98
plants, manganese steel, sugar, and high-tech products.
Guangxi’s main port is at Beibuwan (Gulf of Tonkin),
Efforts have been made by the local government to which lies just off the coast of northeastern Vietnam
increase both foreign- and domestic investment in the and has an annual goods output approximately equal
region. Global companies like Toyota, General Motors, to that of Guangdong’s Zhanjiang and Fujian’s Xiamen
NEC and IBM have all made investments in Guangxi. combined (119 million tons). The province plans to raise
Many large enterprises have established regional the capacity of the port to over 450 million tons by the
headquarters in the city since July 2010 (when incentives end of 2020, according to Guangxi’s 13th Five Years Plan.
were introduced to encourage doing so), including the During the past few years, it invested heavily in terminal
brewer, Tsingtao, and household appliance maker, Haier. and navigation channel projects with the goal of turning
the port into a hub for ASEAN trade.
As part of the China-ASEAN framework, the Pan-
Beibu Gulf Economic Cooperation Zone is comprised of
the Guangxi Zhuang autonomous region, Guangdong
and Hainan provinces, Vietnam, Malaysia, Singapore,
Indonesia, the Philippines and Brunei.
Infrastructure
Air
Guangxi’s airports include Nanning Wuwei, Guilin
Lianghe, Beihai Fucheng, Liuzhou Baihe, and the much
smaller Baise Tianyang and Quzhou Cheung Chau Island.
Rail
Guangxi’s railway network, which has long lagged
behind that of neighboring provinces, is currently
undergoing development and expansion. The
province plans to spend RMB800 billion on railway
construction between 2016 and 2020, extending its
railway to 6,000 kilometers.
This project is integrally connected to Guangxi’s
development of trade with ASEAN. The province plans to
accelerate the construction of a high-speed railway from
Nanning to Singapore via Vietnam as the groundwork
for the Nanning-Singapore Economic Corridor.
The first step of this is a railway segment between
Nanning and Pingxiang, a city near China’s border with
Vietnam. The larger Corridor is planned to encompass
Hanoi in Vietnam, Vientiane in Laos, Phnom Penh
in Cambodia, Bangkok in Thailand, Kuala Lumpur in
Malaysia, and Singapore.
98
