Guangxi Positions Itself as Digital Silk Road Hub, Achieving 182% Trade Growth with ASEAN

Guangxi Zhuang Autonomous Region is stepping up efforts to solidify its position as a key hub for the Digital Silk Road, driving high-quality digital economy growth and strengthening ASEAN cooperation through the China-ASEAN Information Port. Officials announced that the region achieved an impressive 182% year-on-year trade growth with ASEAN in the first three quarters of 2024, exceeding the national average by 12.9 percentage points, fuelled by smoother cross-border data flow​, according to Chinadaily dated​ 6 December 2024.

Zhao Zhigang, Party Secretary of the Guangxi Big Data Development Bureau, revealed that added value in information transmission, software, and IT services surged by 10.8%, contributing 11.79% to Guangxi’s GDP. As a strategic national priority, Guangxi is actively promoting cross-border data flow under the China-ASEAN Free Trade Area 3.0 negotiations.

The region has already launched several collaborative initiatives with ASEAN countries. These include hosting the China-ASEAN E-sports Competition, signing a pivotal memorandum of understanding with Laos to enhance digital economy and satellite application cooperation, and unveiling the first China-ASEAN legal model designed specifically for ASEAN countries.

Further bolstering connectivity, Nanning—Guangxi’s capital—established a full-service international communications import and export bureau in July 2024, marking it as China’s fourth city to do so. This development has significantly enhanced Guangxi’s communication and trade links with ASEAN markets.

Looking ahead, Zhao identified two key focus areas for Guangxi’s digital integration:

  1. Nanning International Telecommunications Hub: Scheduled to operate by 2025, the hub will develop a robust cross-border industrial ecosystem promoting 26 industries, with a focus on cross-border finance and e-sports. Leading firms such as China Mobile and Huawei are encouraged to spearhead initiatives under this framework.
  2. Cross-Border Data Flow Pilot Zone: Guangxi aims to establish a secure and efficient data exchange hub, catering to sectors like logistics and e-commerce. The zone will pioneer solutions for high-frequency, non-sensitive data management, supporting the expansion of cross-border industries.

The Digital Silk Road initiative positions Guangxi as a critical gateway for ASEAN integration, leveraging its strategic geographic location and advancing the digital economy’s high-quality growth. This aligns with China’s broader goals to enhance regional connectivity and cooperation in the digital age.

- Video Advertisement -

Related Post

Council for the Development of Cambodia Empowers Subnational Investment Committees

In a significant move to streamline investment processes, the Council for the Development of Cambodia (CDC) has announced the delegation of authority to capital and provincial investment subcommittees to register investment projects under the Cambodian Investment Project Management System (cdcIPM). This initiative is set to take effect in the third quarter of 2025. On March […]

Gov’t Introduces Measures to Enhance Water Management in Cambodia’s Agriculture Sector

In a concerted effort to tackle the pressing challenges in water resources management, the Economic and Financial Policy Committee of Cambodia convened on March 5, 2025. The committee unveiled a comprehensive plan comprising three key measures aimed at improving water management within the country’s water and agriculture sectors. During the meeting, members deliberated on the […]

Cambodian Government Extends Property Tax Exemptions for New Cities and Agricultural Land

In a significant move to support economic growth and agriculture, the Cambodian government has announced the extension of property tax exemptions and reductions for specific areas across the country. According to Letter No. 6402 from the General Department of Taxation, property tax exemptions will apply to newly established cities and unused agricultural land exceeding 5 […]

Sihanoukville Sees Investment Surge: State Incentives Revive Stalled Projects

Sihanoukville Province is rejuvenating its investment climate with special incentives for 269 stalled projects, totaling around USD 6.669 billion. This move is set to boost local business activities. During their recent meeting on February 25, the Investment Promotion Working Group announced additional incentives for 14 more projects this month, demonstrating their dedication to enhancing investment […]

Cambodia Implements EURO 5 Fuel Standards to Combat Air Pollution

In a significant move to tackle air pollution, the Royal Government of Cambodia has announced the implementation of EURO 5 fuel standards, set to take effect in 2025. This initiative aims to enhance air quality and protect public health by regulating fuel emissions. According to the official announcement, two key decisions have been made: the […]

Cambodia Government Facilitates Import Exemptions for Construction Projects

In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 MEF.Prokas, issued […]