Get China-Asian sub-regional cooperation : progress, problems PDF

By Mingjiang Li, Chong Guan Kwa

ISBN-10: 981434043X

ISBN-13: 9789814340434

The GMS Cooperation; The Pan-Beibu Gulf monetary Cooperation; Sub-regional monetary Zones in China and Implications for ASEAN-China Cooperation; ASEAN fiscal development Triangles; Hydropower improvement within the Mekong zone; China and ASEAN relatives after CAFTA; China's becoming fiscal Gravity in Southeast Asia

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Additional info for China-Asian sub-regional cooperation : progress, problems and prospect

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Qxd 2/24/2011 10:25 AM Page 41 b1124 China-ASEAN Sub-Regional Cooperation Pan-Beibu Gulf Economic Cooperation 41 PDR, Myanmar, Thailand, Cambodia and Vietnam from ASEAN and “2” referring to Yunnan and Guangxi from China. Since its initiation in 1992, the GMS Cooperation has had many cooperative mechanisms at different levels, and three state leaders’ meetings have been held so far. Mainly oriented by and based on the Asia Development Bank’s projects, its members have carried out cooperation in the nine key sectors of transportation, energy, telecommunications, agriculture, environmental protection, trade, investment, human resources and tourism.

The Myanmar Ruilijiang hydropower station, which was undertaken by Yunnan, has an installed capacity of 600,000 kilowatts. Its first generating unit started working at the end of 2008. The contract agreements on the 230-kilovolt transmission line in Cambodia and the 120,000-kilowatt Si Dengwo hydropower station construction project amounted to 369 million dollars. The project was launched in May 2008. The agricultural cooperation and exchange between Yunnan and GMS countries has entered a stage of stable and orderly development.

At the 3rd PBG Forum, the Thai representatives showed their presence, becoming the eighth member country of the PBG Cooperation. Actually, Cambodia should also participate in the PBG Cooperation given that they are not only one of the coastal countries along the South China Sea, but also an important link in the Nanning-Singapore Economic Corridor (NSEC). Its participation, therefore, would be very beneficial to the promotion of the PBG Cooperation. 3 If the PBG Cooperation is a dynamic, open, and gradual process, Hong Kong, Macao and Taiwan should also become its members as their location in South China, their fairly developed economies, and the strong complementarities with ASEAN countries will be conducive to the promotion and development of the PBG Cooperation.

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China-Asian sub-regional cooperation : progress, problems and prospect by Mingjiang Li, Chong Guan Kwa

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