“China-in­dochina Penin­sula Eco­nomic Cor­ri­dor”

ChinAfrica - - China Report -

CHINA and the In­dochina Penin­sula are con­nected by land and sea, with close geo­graph­i­cal, cul­tural and peo­ple-topeo­ple ties. The In­dochina Penin­sula is an im­por­tant link on the Belt and Road.

The China-in­dochina Penin­sula Eco­nomic Cor­ri­dor (CICPEC) ex­tends from China’s Pearl River Delta west­ward along the Nan­chong-guang’an Ex­press­way and the Nan­ning-guangzhou High-speed Rail­way via Nan­ning and Pingx­i­ang to Hanoi and Sin­ga­pore. This land bridge links China with the In­dochina Penin­sula and crosses the heart of Viet­nam, Laos, Cam­bo­dia, Thai­land, Myan­mar and Malaysia. It is ex­pected to boost China’s co­op­er­a­tion with the ASEAN coun­tries.

The CICPEC project aims to bet­ter con­nect cities in this re­gion with a net­work of rail­ways and high­ways to fa­cil­i­tate the flow of peo­ple, goods, cap­i­tal and in­for­ma­tion. It will open up new op­por­tu­ni­ties for strate­gic co­op­er­a­tion, and cre­ate a re­gional econ­omy bol­stered by com­ple­men­tary strengths to en­sure sound re­gional de­vel­op­ment. By cre­at­ing new re­gional growth driv­ers, it will help achieve com­mon pros­per­ity on the penin­sula, and strengthen the CHINA-ASEAN com­mu­nity of a shared fu­ture.

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