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China – ASEAN Free Trade Area of the full completion of construction machinery industry can give new opportunities for development

China – ASEAN Free Trade Area on January 1, 2010 fully completed, since the free trade zone 90% of the products began to achieve a zero tariff, import and export of ASEAN countries showed 500% growth in volume, since the free trade zone will become a consumer has a 1.9 billion persons, 4.5 trillion total trade of the huge market, second only to North America, the European Union the world’s third largest free trade zone.

   With the completion of a free trade zone, located in South, Southwest and ASEAN with the Department of Pan-Tonkin Gulf region of Guangxi have become the most potential for development, it is learned from the free trade area in Guangxi will use the cooperation mechanism, and actively participate in and promote pan-North Bay port, engineering machinery, logistics, warehousing and many other sub-regional cooperation; will use this opportunity to accelerate the South Canton, your broad, Hunan, Guangxi, and other inter-provincial railway construction projects, speed up the region and beyond roads, bridges, water conservancy and other infrastructure facilities construction. At the same time, the ASEAN countries also take advantage of this opportunity, a substantial increase in infrastructure and investment in large-scale projects.

  With the completion of a free trade zone, engineering machinery industry is facing rare opportunities for development. Due to historical, environmental, technological and other factors, the ASEAN countries is lagging behind the development of construction machinery industry, the ASEAN countries every year from China to import large quantities of construction machinery products. After several decades of development, China-made engineering machinery products overall quality, performance significantly improved the quality of some products with Germany, the United States, Japan and comparable prices are much cheaper, but as an old neighbor of ASEAN countries, ASEAN countries are more willing to doing business with China.

    Rare opportunities for development, leading city of the regional advantages, clean and efficient administrative environment, suitable living environment, etc. All of this so that the Pan-Tonkin Gulf region of Guangxi has been more and more attention from investors, with the flow, logistics, the continuous flow of funds collection, transportation and logistics infrastructure into matchmaking, an important condition for ensuring sustainable development. Construction machinery industry and logistics industry will be the first development in the region leading the industry. It is learned that Xu workers, in the Alliance, the 31 other well-known enterprises in Guangxi have been actively developing the Pan-Tonkin Gulf regional markets, a high-profile pan-Tonkin Gulf region to participate in exhibition in Guangxi. Another exhibition organizing committee got the news from the GICE: The second session of the GICE Construction Machinery Exhibition will be held July 2, 2010 in Nanning International Convention and Exhibition Center. Present the Organizing Committee and Nanning in Qingdao two simultaneous investment, exhibitors and visitors register enthusiastic audience.
   
    GICE exhibition is the largest in southwest China market, professional engineering machinery exhibition, the last exhibition display area 11,000 M2. From XCMG, sany, the Alliance, Komatsu, Liu steam, Guangxi Construction Machinery, mountain workers, in construction, METSO Minerals, TRIO Jiefu Lang, Luo Jian, Wang Jian, Schnell, Yuhua lifts, lofty saint engineering and many other well-known brands at home and abroad full debut exhibition scene, spectators and media at home and abroad shows the area of today’s most advanced engineering machinery products and technologies. Of which 31 heavy machine to carry out only 1 hour, on the reservation out of 5 excavator and a platform forklift, worth nearly 500 million yuan. Yuhua the South China Sea have two lifts to carry out the same day sold to customers in Vietnam. Komatsu machinery, Zoomlion, Hunan deed long, lofty San large industrial and other exhibitors are given orders, Spare Parts are also news of success, Dongguan Xin-Zhi and other exhibitors have also signed with the domestic and ASEAN customer orders. Show last GICE attracted from the United Kingdom, Vietnam, Thailand, Hong Kong and other 10 countries and regions to visit a professional audience. Guangxi TV station and a number of news media conducted a follow-up reports GICE exhibition, more than 50 professional websites, media coverage GICE exhibition publicity.

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About the Author

Gianni Carbonari – European Investment Bank

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