Why should Nanning establish Guangxi ASEAN Business District?

Because Nanning is the center of China-ASEAN Free Trade Area, located at the junction of three economic circles of South China, Southwest China and ASEAN, backed by the vast hinterland of China and facing the markets of the ten ASEAN countries, it has three advantages: coastal, border and riverside, and is an important exchange and cooperation platform, transportation and logistics hub and economic and trade bridge between China and ASEAN countries.

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From 65438 to 0992, ASEAN proposed to establish a free trade area, and made efforts to improve the level of cooperation and strengthen economic integration by promoting trade liberalization, so as to enhance the overall strength of ASEAN.

1995 12, the Bangkok Declaration adopted by the Fifth ASEAN Summit emphasized that ASEAN countries should strengthen cooperation in the political and economic fields and strive to accelerate the process of Southeast Asian integration.

1At the end of May 1997, the foreign ministers of the seven ASEAN countries held a special meeting in Kuala Lumpur and unanimously decided that Myanmar, Cambodia and Laos would join ASEAN in July of the same year. This is an important step taken by ASEAN towards the political and economic integration of Southeast Asian countries.

At the informal meetings of ASEAN leaders held in Singapore in June and 10, 2000, ASEAN leaders agreed to regard ASEAN countries as an economy and take comprehensive actions internationally to improve ASEAN's competitiveness and realize regional integration.

ASEAN leaders also reached a "Plan for Promoting ASEAN Integration".