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Qingdao deepens trade cooperation with ASEAN

(chinadaily.com.cn) | 2024-07-23

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The 2024 Qingdao-ASEAN Trade & Investment Exchange and Marketing Event aims to explore new opportunities for economic and trade cooperation between Qingdao and ASEAN. [Photo provided to chinadaily.com.cn]

The 2024 Qingdao-ASEAN Trade & Investment Exchange and Marketing Event kicked off in Qingdao on July 23, aiming to explore new opportunities for economic and trade cooperation between Qingdao and ASEAN (Association of Southeast Asian Nations).

During the event, representatives from the ten ASEAN countries' institutions introduced their countries' investment environment and market opportunities. They engaged in in-depth exchanges and discussions on various areas such as investment trade, general trade, intermediate goods trade, and commodities trade.

The event invited industry experts and scholars to delve into and analyze topics such as the current international trade situation and the characteristics of the ASEAN market, offering insights and recommendations to the participating companies.

Qingdao has a long history of economic and trade cooperation with ASEAN countries, which has led to many fruitful results. ASEAN has been Qingdao's largest trading partner in recent years, with trade volumes between the two sides continuously rising. This event signified a new stage in the cooperation between the two parties, with the goal of deepening economic and trade ties and friendship while also establishing more direct communication and stronger cooperation between enterprises on both sides.

In the future, Qingdao will continue to uphold the principles of openness and cooperation, strengthening economic and trade cooperation with ASEAN countries. Together, they will work towards promoting regional economic integration and tirelessly strive towards achieving mutual benefits, shared development, and common goals.