China approves international border cooperation zone

   Apr 25, 4:22 pm

Beijing, April 25 (Xinhua-ANI): The Chinese government announced Wednesday that it has approved the establishment of an international cooperative demonstration zone in northeast Jilin province to boost cross-border cooperation in the region.

In a document posted on the central government's official website, the State Council said the zone is expected to expand investment cooperation in northeast Asian regions.

Located in the port city of Hunchun, the demonstration zone will cover 90 square km and include an international industrial cooperation zone, a border trade cooperation zone and economic cooperation zones-one between China and the Democratic People's Republic of Korea (DPRK) and another between China and Russia, it said.

The demonstration zone will focus on the development of local manufacturing and processing industries, including those for auto parts, agricultural and animal products, seafood, new materials, medicines, textiles and garments, the document said.

The Tumen River in Hunchun straddles the borders of China, Russia and the DPRK. In 1992, China, Russia, the DPRK, the Republic of Korea (ROK) and Mongolia launched a joint development project in the Tumen River area, a move made to strengthen regional cooperation in the area.

The State Council has called for more efforts to boost the construction of Sino-DPRK and Sino-Russia international transit corridors and promote cross-border economic cooperation between China and the two countries.

More supporting policies, including fiscal and taxation support, will be implemented to encourage the development of new energy, new material equipment manufacturing and other projects in the demonstration zone, according to the State Council.

The construction of the demonstration zone will also make border regions more open to the outside and strengthen the social and economic development of local areas, the document said. (Xinhua-ANI)

Funeral procession of Sushil Koirala begins in Kathmandu Feb 10, 2:40 pm
Kathmandu, Feb 10 (ANI): Funeral procession of Nepal's former Prime Minister Sushil Koirala has begun in the capital, Kathmandu.
Full Story
UN Secretary General Ban Ki-moon expresses sorrow after Koirala's demise Feb 10, 1:24 pm
Kathmandu, Feb 10 (ANI): The United Nations Secretary General Ban Ki-moon has extended condolences after the demise of former Nepali Prime Minister Sushil Koirala.
Full Story
Pak former interior minister rubbishes Headley's testimony Feb 10, 1:15 pm
Karachi, Feb 10 (ANI): Pakistan's former interior minister Rehman Malik has rubbished the testimony of 26/11 Mumbai terror attacks convict David Coleman Headley about his alleged part in conducting the deadly massacre in November 2008.
Full Story
Terror scare at girls' college in Rawalpindi, building evacuated Feb 10, 12:23 pm
Karachi, Feb 10 (ANI): Students at a girls' college in Rawalpindi have evacuated the building after a terror scare due to firing near the institute.
Full Story
Comments