“Belt and Road” Initiative creates new opportunities and Nanning upgraded to be better channel for development


Recently, another piece of good news on China-ASEAN Business Leaders Forum delights all parties concerned. Specifically, the Signing Ceremony of Memorandum of Cooperation on China-ASEAN Multimodal Transport Alliance has been held. This will strengthen infrastructure construction, improve the multimodal transport system, and promote effective connectivity of the Southern Transport Corridor, the Yangtze River waterway and China Railway Express. Eventually, connections between countries and regions along the corridor will be enhanced.

The Southern Transport Corridor is included into the framework of the “Belt and Road” Initiative. It connects the Silk Road Economic Belt on the north, and the 21st Century Maritime Silk Road and the China-Indochina Peninsula Economic Corridor on the south. Therefore, it draws great attention of the business people who visit the China-ASEAN Expo. It is predictable that the Southern Transport Corridor will exert greater influence upon the connectivity of countries involved in the “Belt and Road” Initiative.

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