SE. China’s Quanzhou to Build Major Gateway City to 21st Century Maritime Silk Road

The city plans to build an important hub for interconnection, an important platform for the economy and Trade cooperation and an important link for cultural exchanges, promoting reform, development and innovation through openness, and creating new advantages in international cooperation and competition.

In terms of developing a new channel for Maritime Silk Road connectivity, Quanzhou will build a comprehensive international logistics hub that integrates road, rail and sea transport, connecting the city to the central and western regions of China and the Belt and road (B&R) countries.

At the same time, by strengthening cooperation with ASEAN, the Middle East, Africa and other countries and regions, replicating and promoting the experience of Trade zones, by accelerating the integration of customs clearance and by fully implementing the system of national treatment before establishment and management of negative lists for foreigners investment, Quanzhou plans to significantly improve the level of openness.

Promoting people-to-people bonds is also part of Quanzhou’s development plan. The city is committed to supporting overseas Chinese businessmen and local private companies to jointly organize international exchange activities related to B&R and promote the construction of overseas Chinese. investment projects.

In addition, the city also calls for expanding cultural exchanges and cooperation with countries and regions in Europe, Arabic and South East Asia, and continues to expand the city’s circle of global friends.

It should be noted that Quanzhou’s GDP reached 1.015 billion yuan in 2020, ranking first in Fujian Province for 22 consecutive years, and it is expected to reach 1.5 trillion yuan of GDP by 2025.

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SOURCE Xinhua Silk Road

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