Page 114 - 2022 Special Report on the State of Business in South China
P. 114
- Modern services: Modern logistics, plans to encourage the transition and upgrading of
financial insurance, commercial exhibition, manufacturing industry on 27 June72.
cultural leisure, technical consultation, service
outsourcing, education and training, regional Guangxi Dongxing National Key Experi-
headquarters economy, etc. mental Zone for Development and Open-
ing-up
In 2020, the GDP of the Park reached RMB25.3
billion, and the total import and export trade reached The Guangxi Dongxing National Key
RMB17.5 billion, with 7% YoY growth. The actual Experimental Zone for Development and Opening-
utilization of foreign investment reached RMB258.2 up (the “Dongxing Experimental Zone”) is one of
million with 114.3% growth. Fixed asset investments the first three frontier developments and opening-
increased by 43.9% YoY. There are 4,842 new up experimental zones in China and is in the
registered enterprises, including 11 new financial core region of the Guangxi Beibu Gulf Economic
enterprises and 10 new high-tech enterprises69. Zone and belongs to the southwest China, Pan-
Pearl River Delta and ASEAN economic circles.
Guangxi-ASEAN Economic and Techno- It is a national important gateway for promoting
logical Development Zone implementation of the “One Belt and One Road”
Initiative and is pivotal for southwest China’s
In March 2004, the Guangxi-ASEAN Economic development and opening-up.
and Technological Development Zone (the "ASEAN
Economic Development Zone") was established In July 2012, the State Council approved the
in Nanning, Guangxi. On 2 March 2013, with the “Implementation Plan for the Construction
approval of the State Council, the ASEAN Economic of the Dongxing Experimental Zone”, which
Development Zone was upgraded to a state-level “strives to build the Dongxing Experimental
economic and technological development zone. Zone into an important platform for deepening
The planning of the ASEAN Economic Development strategic cooperation between China and
Zone includes four functional zones: The ASEAN, representing an important border
Comprehensive Industrial Park, Nanning Education area economic growth point, a key hub for
Park, Cultural Tourism Leisure Zone and Modern international channels to connect to China and
Agricultural Demonstration Area. The ASEAN southeast Asia, and a demonstration area for
Economic Development Zone is an important diplomatic policies to create an amicable, secure
organizer of the China-ASEAN Expo and one of the and prosperous neighborhood”. In August 2012,
14 key industrial parks in the Guangxi Beibu Gulf construction of the Dongxing Experimental
Economic Zone. Zone was officially launched. In December 2012,
the People’s Government of Guangxi Zhuang
In 2020, it achieved import and export trade Autonomous Region issued “Several Policy
of RMB5.9 billion with 160.4% YoY growth, and its Measures on Accelerating the Construction
actual utilization of foreign investment reached of the Dongxing Key Experimental Zone for
US$23 million70. On 21 June 2021, the Management Development and Opening-up” and introduced
Committee of Guangxi-ASEAN Economic and 34 supporting policies. In December 2015, the
Technological Development Zone promulgated State Council released the “Opinions on Several
several measures to promote the scientific and Policy Measures in Support of Development and
technological innovation71, and also announced its Opening-Up of Key Border Regions”, which specify
a series of support policies for the Dongxing
69 Administrative of China-Malaysia Qinzhou Experimental Zone from 31 aspects, including
Industrial Park, http://zmqzcyyq.gxzf.gov.cn/zwgk/sjzy/ programs to develop border areas and improve
sjkf/t5443656.shtml the lives of the border residents, system and
70 Management Committee of Guangxi-ASEAN institutional reform, trade structure adjustment,
Economic and Technological Development Zone,
http://gxdmjkq.nanning.gov.cn/zwgk/sjtj/t4706810. 72 Management Committee of Guangxi-ASEAN
html Economic and Technological Development Zone,
71 Management Committee of Guangxi-ASEAN http://gxdmjkq.nanning.gov.cn/zwgk/zfwj_new/
Economic and Technological Development Zone, t4801069.html
http://gxdmjkq.nanning.gov.cn/zwgk/zcjd/jdnr/
t4869100.html

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