The eighth China-South Asia Expo is currently underway in Kunming, Yunnan Province, serving as a pivotal event for trade exchanges between China and South Asian countries. In 2023, the trade volume between China and South Asian nations reached nearly $200 billion, doubling the figure from 2013. This significant growth highlights the strengthening economic ties fostered through the Expo.
Yang Jinghao, a reporter from CGTN, engaged with representatives from governments, business associations, and enterprises across various countries to delve into the factors contributing to this impressive expansion. \"The Expo has been instrumental in creating a platform for meaningful collaborations and partnerships,\" noted a business leader from a South Asian country. \"It has opened doors for new investments and facilitated smoother trade operations.\"
The Expo showcases a diverse range of industries, including technology, manufacturing, and sustainable energy, reflecting the dynamic nature of Sino-South Asian cooperation. Participants have highlighted the Expo's role in not only increasing trade volumes but also in promoting innovation and sharing best practices among nations.
Looking ahead, organizers anticipate even greater trade volumes and more robust collaborations in the coming years. Future developments are expected to focus on enhancing digital trade, expanding infrastructure projects, and fostering sustainable economic growth across the region. The China-South Asia Expo continues to be a cornerstone event, driving mutual growth and prosperity among participating nations.
Reference(s):
cgtn.com
