BEIJING, Oct. 17, 2019 /PRNewswire/ -- China Economic
Information Service (CEIS) of Xinhua News Agency and Fitch
Solutions jointly released a report focusing on business
opportunities in the Association of Southeast Asian Nations (ASEAN)
under the Belt and Road Initiative (BRI) Tuesday at a forum held in
Tuole, a village in southwest China's Guizhou
Province.
The report, released in both Chinese and English versions, was a
joint product by CEIS, the main body responsible for the integrated
management and operation of Xinhua News Agency's economic
information, and Fitch Solutions, part of Fitch Group, a global
leader in financial information services, aiming at providing
valuable reference for participants of the Belt and Road
construction.
This is the first time for CEIS and Fitch Solutions to carry out
a joint research on the industry and market development
opportunities brought by the BRI, and jointly released the research
results to the world, said Gan Feng, Deputy General Manager of
Xinhua Silk Road Department of CEIS.
The report analyzes development and opportunities in
infrastructure construction, electricity, telecommunications,
consumer goods, automobiles and other industries, noting that
opportunities of infrastructure construction are mainly in the
Asia-Pacific region and that of
electricity are concentrated in Asia, Africa
and the Middle East.
Opportunities in telecommunications are mainly in related
infrastructure construction, data center, smart cities and other
fields, while that of consumer goods like textiles, consumer
electronics and coffee mainly in Russia, Vietnam and China's Hong
Kong and that of automobiles mainly in the Asia-Pacific region and Sub-Saharan Africa,
according to the report.
China and ASEAN boast extensive
cooperation opportunities in transportation, water and energy
infrastructure, residential construction and other fields, said
Richard Marshall, Global Head of
Infrastructure Research with Fitch Solutions, adding that
Indonesia, Vietnam, Myanmar and other countries will be the focus
of investment.
Held for four consecutive years since 2016, the Tuole Forum has
become an important exchange platform for Guizhou to deepen opening-up and help Chinese
enterprises to go global. This year's forum was themed on
"Integrating into Belt and Road Construction and Sharing Benefits
of An Open World Economy".
See the original link:
https://en.imsilkroad.com/p/308800.html
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