Recently, at the online talk with the theme of “Walking in the Free Trade Area”, Tan Zhiwu, member of the Party group and deputy director of the Department of Commerce of Guangxi Zhuang Autonomous Region, introduced that the openness and cooperation situation of China and ASEAN led by the Free Trade Area is taking shape.
Among them, Guangxi promotes the innovation of frontier trade, and realizes 100% of paperless customs clearance operation for border residents. The local processing of imports in the frontier trade among border residents provides new impetus for the development of "port economy". Some national development and opening-up platforms, such as the China-ASEAN Information Harbor and the Financial Opening-up Gateway for ASEAN, are speeding up. The cross-border free trade for the China-Malaysia “Two Countries, Twin Parks” project, financial cooperation and other kinds of cross-border cooperation have been deepened. In addition, industries open to ASEAN are also taking shape, and the Free Trade Area focuses on the implementation of 12 major innovation demonstration projects to promote the creation of a cross-border industrial chain for ASEAN.