Economy > Regional

Yunan issues plan for participation in China-Myanmar Economic Corridor

Xinhua Silk Road
2020-04-29 14:43

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BEIJNG, April 28 (Xinhua) -- Southwest China's border province of Yunnan has recently unveiled a plan for its participation in the construction of China-Myanmar Economic Corridor (CMEC) in 2020-2030.

Under the plan, Yunnan proposed to strengthen cooperation with Myanmar in fields of transportation, energy, agriculture, production capacity and investment cooperation, digital Silk Road, finance, tourism cooperation, ecological and environmental protection, and cultural exchange cooperation.

The issuance and implementation of the plan will help Yunnan to give full play to its location advantages, open-up advantages, and cultural advantages, and better guide its participation in the construction of the CMEC.

In 2018, China and Myanmar signed a memorandum of understanding (MOU) to jointly build the CMEC.

The CMEC, an important part of the Belt and Road (B&R) construction, starts in north from China's Yunnan Province, goes down south to the central Myanmar city of Mandalay, and further extends east to the new city of Yangon and west to the Kyaukpyu special economic zone. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)
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