6/06/2011

The ancient Silk Road, the modern economic corridor

 After more than six years, fell into the abandoned Southern Silk Road, China and South Asian countries want to restore the ancient route, to build a strong trade and investment, economic corridors it.
 
China and South Asian businessmen over the difficult mountain two thousand years ago, such as silk, tea, metal, jewelry, horses from Yunnan Province in southwest China along the southern Silk Road to Burma, India, Pakistan and Afghanistan, the exchange of goods.
 
This route, though not so good, well-known than the northern Silk Road, once a trade between China and South Asia and an important part of cultural exchange. It disappeared in the history of maritime trade in the 15th century with the rise.
 
However, as the relationship between trade and the region continues to flourish, the old trade route has been restored to its former prominence some.
 
"I was in the south to create a modern version of the Silk Road, the great supporters, because it will create a 'win-win' economic situation, said:" Mahesh light Saharia, President of the Council in the Ministry of Commerce, Indian Chamber of Commerce Northeast.
 
Saharia is more than 500 officials and business leaders, and eight in southern China who gathered in Kunming, capital city of Yunnan Province, to discuss promotion of trade and investment on Sunday in one of the region.
 
MOU after the sixth China, South Asia Business Forum urges all relevant parties signed the establishment of trade and investment policies to encourage economic globalization and regional cooperation. It also called for efforts to eliminate trade and investment barriers.
 
Common development goals and will make China the economic complementarity, mutual benefit and cooperation in South Asia, said Wang Jinzhen, deputy director of the International Conference Hall Council for the Promotion of International Trade.
 
South Asian countries with China and strong trade growth in recent years. Increased volume of trade between the two sides to over 80 billion U.S. dollars, 2010, from 26 billion U.S. dollars, 2005.
 
Tariq Sayeed, former President of the South Asian Association for Regional Cooperation (SAARC Regional Cooperation) Chamber of Commerce said the trade figures in 2010 still lags behind the potential of the region lags behind. He expected that this number will reach 2013, one hundred and fifty billion U.S. dollars.
 
In order to help economic corridor plan, Yunnan Province, announced the establishment of a "bridgehead strategy" was founded in 2009, aimed at building the economic gateway into South and Southeast provinces.
 
Bai Enpei, the provincial Communist Party secretary, said the infrastructure will speed up between Yunnan province and South-East Asia, South Asia and Indian Ocean coastal areas along the logistics network of the building.
 
New roads, railways and waterways criss-crossing the region now to help promote trade and investment.
 
The province now has 12 from 31 to 19 countries the civil airport for international flights.
 
The rapid expansion of road network in the region as being a well.Reconstruction Stilwell Road, which connects through northern Burma and Yunnan, 312 km long northeast India.
 
As previously reported, the historic road re-opened before World War II supply line, can reduce the thirty percent between India and China, the cost of transportation, land and India to provide a role in promoting trade.
 
Progress is being made on a trans-Asian railway network, will cover one hundred and fourteen thousand kilometers and pass through 28 countries, after the completion. The 530 km section of the railway will connect Yunnan and Laos construction is ongoing.
 
Despite these efforts, infrastructure remains a problem to create new economic corridor of the main obstacles.
 
A lack of cross-border road most of the troops sent to the Malacca Strait, the exporter, but also increased the distance of 5,000 km of these exporters to India and other South Asian countries, commodities, according to Liu Qin, officials from the Yunnan province.
 
Economic and trade officials from South Asian countries, said China's huge trade surplus of attention.
 
India is particularly concerned about its trade deficit with China expanded. "We want more Indian products can enter the Chinese market, Chinese companies can invest in India," said Pandey, IM, Consul Consulate General of India in Guangzhou, capital of Guangdong province in general.
 
In response to these complaints, Wang said China has always attached great importance to the trade imbalance, and will take all possible measures to improve the situation. Wang pointed out that China also hopes the South Asian countries will strengthen China's imports.

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