By Mingjiang Li, Chong Guan Kwa
The GMS Cooperation; The Pan-Beibu Gulf fiscal Cooperation; Sub-regional monetary Zones in China and Implications for ASEAN-China Cooperation; ASEAN financial development Triangles; Hydropower improvement within the Mekong sector; China and ASEAN family members after CAFTA; China's becoming monetary Gravity in Southeast Asia
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Additional resources for China-Asian sub-regional cooperation : progress, problems and prospect
The Broad Geographical Coverage The Pan-Beibu Gulf area is based on the 180,000 km2 Beibu Gulf that is within the territory of China and Vietnam and extends southwards to cover other parts of the South China Sea and the surrounding ASEAN countries. The current plan is to include Vietnam, Malaysia, Singapore, Indonesia, Brunei, the Philippines and Thailand as well as Hainan, Guangdong and Guangxi Provinces in China in the sub-regional cooperation. 83 million km2 and the total population in this region is 669 million in 2007 (Table 1).
Insufficient Investment in Industrial Cooperation and Services So far, the major achievements of GMS Cooperation lie in highway, waterway and other areas of transportation infrastructure. The gas pipeline and large gas trade between Myanmar and Thailand is also a big success. Strengthening cooperation in the “soft aspects” was proposed at the 14th GMS Ministerial Meeting in June 2007. The “soft aspects” include measures to enhance competitiveness, promote socially and environmentally sustainable development, strengthen human resource training, and facilitate trade, investment and crossborder passenger and freight in the sub-region.
The integrated transportation system of railways, highways, waterways and air channel connecting Yunnan to Southeast Asia in the east, center and west is now taking shape. Communication networks and service systems are being rapidly promoted. Yunnan has completed the highway which links Kunming to Myanmar, Laos and Vietnam. The 1,818-kilometer-long Kunming-Bangkok highway was completed on March 21, 2008. The eastern part of the Pan-Asian railway from Yuxi to Mengzi was scheduled to be opened to traffic in 2008, but it is still under construction.
China-Asian sub-regional cooperation : progress, problems and prospect by Mingjiang Li, Chong Guan Kwa