Page 110 - 2021 Special Report
P. 110
of the Guangxi Zhuang Autonomous Region on increasing investment incentives for leading
Promoting the High-quality Development of Border enterprises in the industrial chain.
Economic Cooperation Zones”. The goal of the
Opinion is to implement the central government Special economic zones
and autonomous region’s new arrangements and
requirements on expanding the development and China-Malaysia Qinzhou Industrial Park
opening up of border areas and enhancing the
development of border cooperation zones. Efforts The China-Malaysia Qinzhou Industrial Park
will be made to solve the current difficulties and (the “Park”) is the third international park jointly
problems of border areas, promote their high- built by the Chinese government and a foreign
quality development, and give greater play to their government. With the objective of building a
exemplary role in guiding and driving economic demonstration area for China-ASEAN cooperation,
and social development. the China-Malaysia Qinzhou Industrial Park
positions itself as “an advanced manufacturing
- Development objective according to the base, an information wisdom corridor, a cultural
actual development of border-joint zone and and ecological new park, and a cooperation
adopting the principle of appropriate advance, and exchange window ”, and will also become a
high-quality development indicators such as the new urban area for the “integration of industrial
growth rate of gross domestic product (GDP) and functions and urban residences” which keeps
its share in the local county (city or district), the pace with the main urban area and Binhai New
growth rate of total import and export trade and Area of Qinzhou. The long-term expected area of
its share in the local county (city or district), the the China-Malaysia Qinzhou Industrial Park is 55
growth rate of total industrial output, the growth square kilometers, with a planned population of
rate of labor productivity and the growth rate of 500,000. The Park is divided into four areas: the
employees in the border region have been set Industrial Park, R&D Area, Supporting Service Area
from the comprehensive economic strength of and Residential Area.
border-joint zone, the level of openness, industrial
development quality and three other aspects by The China-Malaysia Qinzhou Industrial Park
2025. focuses on six major industries: equipment
manufacturing, electronic information, food
- Promote the upgrade and development of processing, materials and new materials, biotech
industrial parks from the following three aspects, and modern services. The details are as follows:
(i) vigorously promote the rolling development
of "groups and groups", (ii) set up a number of - Equipment manufacturing: Construction
border-joint areas at the autonomous region level, machinery, automobile and parts, power,
and (iii) focus on the development of industries agriculture and other special and general
with characteristics and advantages along the equipment, medical equipment, etc.
border.
- Electronic information: Intelligent
- Strengthening policy support is aimed electronic instruments, intelligent household
at problems such as insufficient funds for the appliances, automatic data processing equipment,
construction of the border-joint zone, weak next generation mobile communication
industrial foundation and insignificant competitive equipment, integrated circuits, new displays,
advantages. Seven policies and measures were multimedia equipment, key devices, etc.
proposed, including increasing financial support,
increasing tax incentives, increasing financial - Food processing: Bird nest processing,
support, implementing differentiated industrial healthcare and halal food, special agricultural
policies, giving priority to land for construction products, seafood deep processing, etc.
of key projects in border cooperation areas,
supporting cross-border labor cooperation, and

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