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China Yunnan set to become economic hub for South Asia, South East Asia: Governor Qin

Source:   Time:

  China’s south west Yunnan province is carrying out massive infrastructure development to recognize itself as regional economic hub as it has strategic location for South Asia and South East Asian nations, said the province Governor Qin Guangrong. Addressing media delegation from the South Asian Association for Regional Cooperation (SAARC) here, during the 17th China(Kunming) Import and Export Fair held concurrently with 2nd South Asian Countries Commodity Fair, Governor Qin said that massive construction work on over RMB 23 billion new Kunming International Airport here is on full swing.

  Terming the gigantic structure as one of the steps towards economic hub, Governor said that the new airport cater the need of not only Southeast Asia and South Asia, but has facility to linkage with Europe.

  The plan of the first phase is to meet the annual capacity of 38 million passengers throughput, a 95- thousand ton cargo and 303 thousand flights movements in first target year of 2020.

  While the future phase is to meet the annual capacity of 65 million passengers throughput, a 2.3 mln tons cargo and 456 thousand flights movements when the airport will fully operational in 2040.

  “We have kept in mind our future need while carrying out construction of this new airport”, he said and added that it will have four run-ways, two each between the main buildings.

  On development of road infrastructure, he pointed out that Yunnan government was working on construction of four economic corridors to connect it with its neighbourhood that are Calcutta (India), Bangkok (Thailand), lagoon(Rangoon) (Myanmar) and Hochi Minh City (Vietnam).

  Governor Qin said that his government is committed to spend around RMB 100 billion investments in the development of infrastructure with emphasis to improve transportation facilities for our neighbourhoods.

  Another ambitious project is 3rd Euro-Asia land bridge that would connect 17 countries of Asia with Europe, starting from his province, Governor Yunnan province said.

  To a question, he pointed out that for strengthening relations with SAARC and ASEAN countries, we have launched the setting up of two Secretariats namely China-South Asia Business Forum and Chinese Secretariat of China-South Asia Business Council during the 2nd South Asian Countries Commodity Fair held here from June 6.

  Governor Qin said that the Kunming fair is progressing well with the passage of time and same is the case with the South Asian Countries Commodity Fair.

  He expressed the desire to promote regional trade and create a win-win situation for all.

  On prospects of trade, Governor Qin said Yunnan has great potential as it posted US$ 10 billion international trade and South Asian countries accounted for $ 1 billion and India being the largest trade partner.

  The Governor also briefed in details the old relations with regard to history and culture with its neighbouring countries.

  He said that Yunnan shares a borderline of 4060 kilometers with Viet Nam, Laos and Myanmar.

  “Historically, Yunnan has been maintaining close economic and cultural ties with Southeast Asian nations, serving as an important gateway to Southeast Asia and South Asia.”

  Yunnan, located in the southwest frontier of China, spread on an area of 394,000 square kilometers, with Kunming its capital city, it has 8 minorities and 8 ethnic autonomous prefectures under its jurisdiction.

  Home to 25 ethnic groups with respective population of over 5000, Yunnan has the greatest varieties of minorities throughout China.

  By the end of 2008, the population of Yunnan totaled 45.14 million of which one third is made up of ethnic minorities.

  

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