How to achieve a win-win situation in the “Belt and Road”? Capacity cooperation and innovation development

China Economic Weekly-Economic News (Zou Xilan ● Intern Zhang Lingbo) On the afternoon of October 28th, the high-end forum on capacity cooperation and innovation development hosted by the Organizing Committee of 2016 Guangdong 21st Century Maritime Silk Road International Expo and hosted by the Guangzhou Municipal People's Government Held in Guangzhou, he set up a theme forum and ministerial dialogue meeting and a sub-forum such as “Haisi” International Think Tank Forum and ASEAN Strategic Cooperation Forum, Guangzhou International Friendship City Roundtable, and Saudi Special Investment Promotion Conference.

Guangdong Governor Zhu Xiaodan and Vice Chairman of the China Council for the Promotion of International Trade Chen Zhou attended and delivered a speech. Ren Xuefeng, member of the Standing Committee of the Guangdong Provincial Party Committee and secretary of the Guangzhou Municipal Party Committee, presided over the forum. Vice-President of the Federated States of Micronesia, Yuswo George, Deputy Prime Minister of Vanuatu, Joe Natman, former Prime Minister of Thailand, Abhisit V., and former Prime Minister of Nepal, Babram Batrai, National Federation of Industry and Commerce Full-time Vice Chairman Lin Yifu, Vice Governor of Guangdong Province He Zhongyou, Vice President and Chief Executive Officer of the Asian Investment Bank Wu Luoji and other more than 800 Chinese and foreign guests were invited to participate.

Before the forum, Zhu Xiaodan also met with Chinese and foreign guests who attended the forum. He said that Guangdong hopes to firmly grasp the construction opportunities of the “Belt and Road” and focus on infrastructure interconnection, international capacity cooperation and innovation-driven development, and continue to strengthen exchanges and cooperation with countries along the route to build the Haibo Fair into a “promotion”. All the way, the international high-end platform of exchanges and cooperation and the ties of people's friendly exchanges along the line of the country have transformed the achievements of the Haibo Fair into the actual results of promoting the construction of the “Belt and Road”.

Zhu Xiaodan, Governor of Guangdong Province

On behalf of the foreign guests, Yuswo George responded and looked forward to further close cooperation with Guangdong under the framework of “One Belt, One Road”, expanding cooperation areas, enhancing people's friendship and achieving win-win development.

“Belt and Road” is not “choice” but “must”

Guangdong is one of the birthplaces of the ancient Silk Road. At present, it has a large number of internationally competitive enterprises in the power, nonferrous, petrochemical, agricultural and other equipment manufacturing industries. It is building the 21st Century Maritime Silk Road to promote international production capacity and equipment manufacturing. In the process of industry cooperation, it plays a strategic role and an important engine.

In recent years, Guangdong has stepped up efforts to promote international capacity cooperation, and has set up the first phase of the 20 billion yuan Guangdong Silk Road Fund to jointly promote the Kenya Huajian Industrial Park and the Iranian Qeshm Free Trade Zone cooperation project with the countries along the route, Malacca, Malaysia. Cooperative construction of Huangjing Port, Saudi Jizan China Industrial Park and Zhongbai Industrial Park. Well-known enterprises in Guangdong, such as Huawei, ZTE, Midea, TCL, and Guangxin Holdings, have “goed out” and invested in development along the countries along the route. In 2015, Guangdong enterprises invested 480 million U.S. dollars in key countries along the 21st Century Maritime Silk Road, an increase of 56%. From January to September this year, Guangdong actually invested 490 million U.S. dollars in key 14 countries along the route, an increase of 103.6%. This fully demonstrates the solid foundation and great potential of capacity cooperation between Guangdong and countries along the route.

Forum site

The “Belt and Road” initiative has enabled all countries along the “Belt and Road” to participate fully and benefit from economic growth. Former Thai Prime Minister Abhisit Vejjajid believes that to establish an efficient single market and efficient production base, it is necessary to look at the production capacity of the entire product service production. Reasonable layout and consolidation of cross-border capacity cooperation is worthy of deep thinking. At the same time, he stressed that he hopes that Thailand can become a very important link for the Maritime Silk Road, and each country along the route will have its own contribution to capacity cooperation on the supply chain. If the government and the private sector and the private sector can coordinate and cooperate, the results will be enormous.

Nepal’s former Prime Minister Babram Bhattarai said: “In the 21st century, many Asian economies face various challenges. They need to further lift themselves out of poverty, further opportunities for people’s employment and opportunities for people’s development. The 'One Belt, One Road' strategy will bring about global connectivity and will also transform the world. I think the implementation of the 'One Belt, One Road' is not a choice but a necessity for us."

Wu Luoji, deputy governor and CEO of AIIB, believes that the AIIB is not only a basic project service along the “Belt and Road”, but also a complementary relationship. In the nine months since its establishment, AIIB has cooperated seamlessly with relevant institutions in Asia's infrastructure financing, and signed a memorandum of understanding with the Asian Development Bank, the European Bank for Reconstruction and Development, and the European Investment Bank. Signed a joint investment agreement.

Chen Zhou, vice president of the China Council for the Promotion of International Trade, said in his speech: "The China Council for the Promotion of International Trade, one of the largest organizations of China's foreign investment, fully leverages its close-knit advantages, takes service companies as a starting point, comprehensively plans trade promotion work, and actively promotes industrial cooperation. Enterprises along the line are more involved in the construction of the “Belt and Road” construction platform.

Capacity cooperation and innovation development need to adapt to local conditions

Capacity cooperation and innovation development are the key areas for the construction of the “Belt and Road” and an important measure for achieving mutually beneficial and win-win development in China and along the route.

The ministerial dialogue will be hosted by Qiu Zhenhai, the host of Phoenix TV. Ouyang Weimin, executive deputy mayor of the Guangzhou Municipal Committee, stressed in his speech that the government is very concerned about the project's landing and implementation and the complementary resources and advantages. Minister of Industry of Myanmar, Ms. Qin Meiqiu, Minister of Tourism of Sierra Leone, Sidi Yehaiya. Tunisia, Deputy Minister of Science, Technology and Innovation of Malaysia, Abubaka, and Minister of State for Science and Technology of Sri Lanka, Lakshman Senevilani The Vice-President of the Ukrainian National Academy of Sciences, Anatoly Zhagorodny, the full-time vice chairman of the National Federation of Industry and Commerce, Lin Yifu, the executive deputy mayor of the Guangzhou Municipal Government, Ouyang Weimin, and the deputy general manager of the Silk Road Fund, Ding Guorong, each held a high-end cooperation dialogue.

In 2015, Guangzhou's regional GDP reached 1.81 trillion yuan, ranking third in the country's major cities for many years. From the current perspective, capacity cooperation and innovation and development are important contents of the “Belt and Road” construction, and an important measure to promote industrial development. By the end of June this year, Guangzhou had established 164 overseas investment projects, with a total investment of 5.93 billion US dollars. On the basis of a significant increase of 33.1% in the first half of last year, the total import and export volume of Haisi countries reached 85.2 billion US dollars in the first half of this year. It accounts for 22% of the total import and export volume of the city during the same period.

In view of Guangzhou's position on the Maritime Silk Road, the country promoted the construction of the Haisi Economic Belt in 2015 and three key points in the vision and action mentioned in Guangzhou, involving the opening cooperation of Nansha, the construction of coastal ports and the international hub airport, which gave Guangzhou and its An important strategic hub position. In the future, Guangzhou plans to hold the 2017 Fortune Global Forum to further strengthen Guangzhou's position as an important international exchange center and global resource allocation center.

"Poverty is not a fate. As long as the ideas are right and the policies are right, there will be considerable development." Lin Yifu is very optimistic about the development prospects of the countries along the "Belt and Road". He said that the vast majority of countries along the Maritime Silk Road currently have lower income levels than China, and they are in desperate need of national development and poverty. From the perspective of historical development experience, after the Second World War, a few economies that were able to move from low-income to middle-income, and then from middle-income to high-income, seized the window of opportunity for international industrial transfer. Especially the period of labor-intensive processing industry and international industrial cooperation window. To seize the window opportunity period to develop manufacturing and products to enter the international market, there must be infrastructure, and the “Belt and Road” is the entry point for infrastructure interconnection.

The “One Belt, One Road” capacity cooperation promotes the transformation and upgrading of the economy, which is not only beneficial to China, but also beneficial to the countries along the “Belt and Road” and beneficial to the world. After the international financial crisis in 2008, the developed economies have not fully recovered. Generally weak. What is needed most in today's world is rapid development. If the infrastructure of the “One Belt, One Road” capacity cooperation infrastructure is interconnected, China and the countries along the “Belt and Road” can develop rapidly, and improving purchasing power is equivalent to creating markets for developed countries. Recovered in developed countries.

Regarding the issue of investment targets that are widely concerned, Ding Guorong, deputy general manager of Silk Road Fund, said: "Our project selection will consider focusing on the strategic needs of the countries, and will adhere to the market-oriented operation, which will play the main role of the enterprise and will support the green. Harmonious development, while taking risks into consideration."

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