China's Strategy for High-Quality Border Economic Cooperation

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Discover China's new measures driving high-quality border economic cooperation zones. Learn how these policies enhance cross-border trade, logistics, RCEP integration, and industrial transfer for sustained economic growth.

Recently,the Ministry of Commerce and 16 other departments jointly issued the Notice on Several Measures for Serving the Construction of a New Development Pattern and Promoting the High-Quality Development of Border (Cross-Border) Economic Cooperation Zones (Commerce Development [2023] No.18).The notice proposes to steadily and orderly study and promote the establishment,expansion,and adjustment of zones,strengthen coordination with ports and related open platforms,facilitate cross-border logistics and capital flows,support high-quality RCEP and local participation in international economic and trade cooperation,strengthen and optimize border trade,increase support for industrial transfer,prospectively layout mid-to-high-end industries and emerging formats,coordinate various financial resources for support,enhance financial support,optimize land and energy management,strengthen talent team building,and establish and improve a work coordination mechanism to optimize the management system of border (cross-border) economic cooperation zones.This series of measures will further promote the high-quality development of border (cross-border) economic cooperation zones,strengthen international economic and trade cooperation,and drive Chinas sustained and stable economic development.

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