• Categories:Industry news
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• Time of issue:2018-09-05
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(Summary description)
"At present, there are three major railways in Southeast Asia that are under construction or have been included in the construction plan, which has a huge demand for steel. China's steel has technological and financial advantages, and it is possible to consider 'going out' to invest in ASEAN. Overseas Chinese and overseas Chinese are willing to In this process, it is a bridge for Chinese enterprises." Deng Lianghui, president of Laos Guangxi Association, said in an interview with a reporter from China News Agency in Nanning recently. From January 12 to 16, the Fifth Session of the Eleventh CPPCC Guangxi Zhuang Autonomous Region was held in Nanning. Deng Lianghui and many other ASEAN leaders attended the meeting. According to data released by the Southeast Asian Iron and Steel Association recently, since 2016, the steel consumption of ASEAN countries has grown strongly, and the steel demand of Vietnam, the Philippines, Indonesia, Thailand, and Malaysia has exceeded expectations, and the consumption has increased by more than 20% year-on-year. As the main importer of steel from ASEAN countries, in the first three quarters of 2016, ASEAN imported 28.36 million tons of steel from China, a year-on-year increase of 20%. "The China-Laos Railway has now fully started. The construction of the railway, the construction of the station and some commercial properties in the future will require a large amount of steel. Although Laos has some small-scale joint venture steel plants with overseas, most of them still need to rely on imports. Deng Lianghui said that for a long time, China's foreign aid infrastructure construction projects, technology and steel are basically exported from China, and the cost of material transportation is relatively high. "Instead of that, why don't Chinese steel companies consider setting up factories directly in ASEAN?" Chen Hongbing, vice president of the China All-China Federation of Small and Medium Metallurgical Enterprises Chamber of Commerce, also said in an interview with a reporter from China News Agency that China's current steel production capacity has reached 1.25 billion tons. Overcapacity, China will reduce crude steel production capacity by 100-150 million tons in the next five years. "The economic development in the ASEAN region continues to improve, and the steel demand potential is huge. As China's largest steel exporter, it is very necessary for China and ASEAN to carry out cooperation in the steel industry." Tang Jianxiang, president of the Cambodia Guangxi Chamber of Commerce, agreed. He said that Cambodia is currently implementing the "Cambodia Industrial Development Policy from 2015 to 2025. Chinese steel companies should seize the opportunity to invest and set up factories in ASEAN countries." and business environment system have rich experience and unique understanding. When Chinese enterprises invest and set up factories overseas, overseas Chinese can become an important way for them to understand the situation of the investing country, and play the role of platform and media. Deng Lianghui also said that ASEAN countries themselves have relatively rich iron ore resources. Chinese-funded steel companies investing in ASEAN can not only effectively utilize local resources, but also promote the development of the local steel industry. "As overseas associations and chambers of commerce, we can Assist Chinese enterprises to do some preliminary work and research to help them further explore the investment country environment. Deng Lianghui believes that Guangxi itself has certain advantages in steel, industrial manufacturing and automobile industries. "Southeast Asia is a large market with a population of 650 million, accounting for half of China's population. Relevant enterprises in Guangxi should take advantage of their geographical advantages to actively cooperate with relevant industries in ASEAN countries. It is understood that in recent years, Chinese steel industry giants have stepped up the pace of "going out", and went to Nigeria and other places to invest and set up factories. However, in ASEAN countries, the pace of "going out" of Chinese steel enterprises has been slightly slower. "China and Thailand are developing Cooperation in the field of steel has natural advantages. Li Mingru, chairman of the Guangxi Federation of Thailand, who attended the Guangxi CPPCC meeting, said that it has been the 41st anniversary of the establishment of diplomatic relations between China and Thailand, and the two countries have very close relations and exchanges in terms of geographical location and history. Now the Federation of Industry and Commerce under the Guangxi Federation of Thailand has Begin to pay attention to the development of the steel field, and the staff of Guangxi Construction Engineering Group are also promoting this aspect.” Regarding the prospect of Sino-Thai cooperation in the steel field, Li Mingru believes that “the prospect is very optimistic, and cooperati