The bustling city of Kunming in southwest China's Yunnan Province is hosting the eighth China-South Asia Expo, a significant platform enhancing trade exchanges between the Chinese mainland and South Asian nations. The expo has become a cornerstone in fostering economic collaboration, cultural exchange, and mutual understanding among participating countries.
Over the past decade, trade volume between China and South Asian countries has seen remarkable growth, nearing $200 billion in 2023—a figure that has doubled since 2013. This surge reflects the deepening ties and the expo's pivotal role in facilitating dialogue and partnership.
"The expo has provided an invaluable opportunity for businesses and governments to connect," said a representative from a South Asian business association. "It has opened doors for enterprises to explore new markets and for countries to strengthen their economic bonds."
CGTN reporter Yang Jinghao engaged with representatives from various governments, business associations, and enterprises to uncover the factors driving this impressive growth. Participants highlighted the expo's comprehensive approach, showcasing not only trade opportunities but also advancements in technology, agriculture, and sustainable development.
Enterprises from different sectors displayed innovative products and services, seeking partnerships that could lead to shared prosperity. A government official from a participating South Asian country remarked, "We are eager to collaborate on infrastructure projects and digital initiatives that can benefit both our regions."
The future looks promising as the expo continues to evolve, adapting to global economic shifts and the needs of participating countries. Anticipated developments include enhanced logistical networks, increased investment in green technologies, and expanded cultural exchanges.
The China-South Asia Expo stands as a testament to the power of cooperation and the shared vision of building a more interconnected and prosperous region. As the event progresses, it is expected to pave the way for new opportunities and strengthen the foundation for long-term partnerships.
Reference(s):
cgtn.com
