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China pushes Yunnan gateway in ‘pivot to South and Southeast Asia’

EconomyChina Economy

China pushes ‘pivot to South and Southeast Asia’ with Yunnan province as gateway to vast market

National Development and Reform Commission pledges to support Yunnan with transport, logistics, energy and digital connection with southern neighboursChina urged to seek ‘cooperation opportunities with emerging markets, including Southeast Asia, to offset its falling trade with developed countries’China tradeMia NulimaimaitiPublished: 8:00pm, 29 Sep, 2023Why you can trust SCMP

China has vowed to push its southwestern province of Yunnan as a gateway to the vast market of South and Southeast Asian nations to forge closer ties with the region and offset US-led geopolitical pressure and economic rivalry.

Billed as the “pivot to South and Southeast Asia”, Yunnan has been tasked with building the “high land” of opening up, according to a statement by the National Development and Reform Commission (NDRC), the country’s top economic planner.

It pledged to further support Yunnan, which borders three Southeast Asian neighbours – Myanmar, Vietnam and Laos – to “speed up the construction of major international corridors” via transport, logistics, energy and digital information connection with its southern neighbours.

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“[We will support Yunnan] to expand and strengthen its unique advantaged industries and support the province to actively undertake domestic and international industrial transfers,” the agency said.

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