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Liaoning to boost business ties with BRI economies

2019-09-05    Author:   Source:www.chinadaily.com.cn   Views:1150    




Fastener Expo Shanghai,International Fastener Show China,Steel China

A view of the Dalian Port in Liaoning province. [Photo/IC]


Northeast China's Liaoning province will enrich its business ties with economies related to the Belt and Road Initiative by undertaking more market-oriented reforms and enhancing regional connectivity to enhance its economic revitalization, the provincial governor said.

Liaoning is willing to work with countries in Northeast Asia to strengthen regional cooperation via policy dialogue and the implementation of priority projects in the region, said Tang Yijun, governor of Liaoning.

Meanwhile, Tang said the province will continue to deepen its cooperation with Central and Eastern European countries to create new growth momentum.

Diversified regional cooperation has not only led to economic prosperity and sustainable development, but has also significantly contributed to regional solidarity and stability, he said.

"Central and Eastern European countries have a lot of goods we need, such as high-quality machinery, agricultural products and food. We have many advantages in infrastructure construction, manufacturing and modern agriculture," said Tang, noting that both sides' imports are complementary.

Liaoning saw its foreign trade with countries and regions involved in the BRI jump 11.5 percent year-on-year in the first half of this year, data from Liaoning's Provincial Commerce Department show.


The province also attracted $1.2 billion of foreign direct investment between January and June, up 3.6 percent on a year-on-year basis, while it gained 273.2 billion yuan ($38.19 billion) of investment from domestic investors, soaring 16.5 percent from same period a year earlier.


With the promotion of "China intelligent manufacturing" and "The Belt and Road", the global fastener market will increase substantially in the next few years, among which the Asia-pacific region will become the largest regional market. Fastener Expo Shangahi shall be fulfilling with your participation.



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