Based on Fruitful Results, 18th CABIS Ventures to New Stage

Written by Huang Lixia / Translated by Xie Zongming

In this September of golden autumn, the 18th CAEXPO and CABIS themed “Jointly Build the Belt and Road for a Stronger China-ASEAN Community of a Shared Future” will be held as planned.

In 2021, the year of the 30th anniversary of China-ASEAN dialogue relations and the China-ASEAN Year of Sustainable Development Cooperation, the 18th CABIS will be held in Nanning, Guangxi, from September 10th to 11th, which will further enhance the practical business cooperation in China and ASEAN countries under the new situation and facilitate the construction of closer China-ASEAN community with a shared future.

17 years of fruitful results have earned China a houseful of sincere guests. From the high-level interaction that promotes political mutual trust to the gather of business leaders that promotes economic cooperation, then to people-to-people exchanges that promote better cultural relations, the CABIS plays as the weaving machine of a grand brocade, combining efforts of different directions to make a coherent picture of multilateral prosperity. It is this kind of cohesion that leads to fruitful results in cooperation.

The 16th CABIS adopted a new model of “Annual Summit + All-year-round Summit”. The summit could be seen in every season and news of which could be heard every month. A total of 17 events were held. It has promoted the China-Indonesia cooperation in aspects like electricity, infrastructure, finance, automobile manufacturing, nonferrous metals refining. The total value of the projects mentioned was US$ 18.5 billion. During the CABIS, the China-ASEAN Cross-border Logistics Management Platform and the China-ASEAN Fruit Supply Chain Management Platform were inaugurated. The Action Plan on Trade and Investment Cooperation of 13 Provinces, Autonomous Regions, and Municipality along the New International Land-Sea Trade Corridor of the Belt & Road Initiative was signed and the “Initiative for the Construction of the New International Land-Sea Trade Corridor by China-Singapore Business Community” was released.

During the 17th CABIS, the Round-table Dialogue between the State Leader of Laos and CEOs from China and the China-ASEAN Business Leaders Forum & Special Meeting on the 10th Anniversary of China-ASEAN Free Trade Area was held. In addition, the 17th CABIS centered around the China-ASEAN cooperation in the emerging fields of clean energy, new infrastructure, digital economy, intelligent manufacturing, and healthcare by holding a series of events like the Symposium on China-ASEAN Commercial Legal Cooperation, 2020 China-ASEAN Summit Forum for Fulfilling Dreams with Joint Efforts, the 2nd China-ASEAN AI Summit, World Fortune 500 Enterprises Chief Scientists Conference, China-ASEAN Hi-Tech Industry Cooperation and Development Forum, China-ASEAN Young Entrepreneurs Forum, World Advanced, Fined, Innovation & Peculiar Technology and Equipment Expo & Innovation and Entrepreneurship Exhibition by High-end Talent From Home and Abroad.

The slogan of the 18th CABIS, “Fruitful Results in 30-year Dialogue Relations and A New Chapter for 18-year C”, show the sign of China-ASEAN cooperation to the world, that the two sides will take the opportunity of the 30th anniversary of China-ASEAN dialogue relations to focus on the construction of the New International Land-Sea Trade Corridor, to comprehensively deepen the China-ASEAN cooperation, to facilitate the regional comprehensive economic recovery, and eventually construct a closer China-ASEAN community with a shared future.

During the 18th CABIS, there will be 3 key events aside from the opening ceremony.

The first one is the Round-table Dialogue between the State Leader of Laos and CEOs from China, which will help the Chinese enterprises have a deeper understanding of the investment policies, business environment, and potential projects of Laos. The event will promote trade and investment between China and Laos.

The second is the China-ASEAN Business Leaders Forum & the Special Meeting on the 30th Anniversary of China-ASEAN Dialogue Relations. The event will center around the 30 years of China-ASEAN dialogue relations to have an in-depth discussion on key aspects like the prospect of RCEP, the joint construction of the New International Land-Sea Trade Corridor, financial opening-up, and innovation, so as to promote the economic exchange to a new stage and eventually benefit the construction of China-ASEAN community with a shared future.

The third is the Symposium on China-ASEAN Commercial Legal Cooperation, which is dedicated to constructing a platform of legal service for communication and cooperation for the industry and business communities in China and ASEAN countries and to discover diverse dispute settlement mechanisms, providing an efficacious legal system for China and ASEAN countries to deepen the mutual trade and investment.

The 18th CABIS will mark a new beginning, a new grand event, and a new journey. Next, CABIS will focus on providing high-quality forums, making in-depth research about the content, the form, the theme, and the potential results of events, in order to enrich the events in the CABIS. By doing so, the CABIS could further extend its value chain and highlight its effectiveness in promoting trade, industrial integration, and information exchanges, making the name of CABIS known to more.