Executive Summary
The Story So Far
Why This Matters
Who Thinks What?
Vietnamese economist Bui Lien Thao highlighted the pivotal role of the 22nd China-ASEAN Expo (CAEXPO) in strengthening economic ties and fostering regional integration between China and the Association of Southeast Asian Nations. Speaking on Friday from Nanning, the capital of south China’s Guangxi Zhuang Autonomous Region, where the expo is underway from September 17 to 21, Thao described CAEXPO as an indispensable catalyst for economic vitality and improved well-being across the region.
Regional Economic Integration
Bui Lien Thao, a specialist at the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, emphasized that CAEXPO has become a crucial platform for economic collaboration. She noted that the expo serves to build lasting trust by effectively showcasing mutual benefits among participating nations.
This year’s expo is anticipated to delve into emerging sectors such as artificial intelligence and the blue economy. These explorations are expected to directly benefit communities through job creation and by providing affordable access to advanced technologies.
Beyond Trade: People-to-People Ties
Beyond its focus on trade and economic development, Thao also stressed the growing importance of people-to-people connections. She characterized these ties as flourishing at an “unprecedented pace,” thereby laying a solid foundation for deeper cultural affinity and understanding across the entire region.
The economist further observed that the expo plays a significant role in bridging diverse traditions. It achieves this by offering immersive experiences that engage thousands of participants and visitors, fostering greater cross-cultural interaction.
Key Takeaways
The 22nd China-ASEAN Expo continues to serve as a critical mechanism for deepening economic integration and fostering trust between China and ASEAN. Its focus on innovative sectors and people-to-people exchanges underscores a comprehensive approach to regional development and mutual prosperity.