Hu Yishan: The coastal countries of Asia have long been in trade with China. China can be based on this.(Photo by special Chen Fuzhou)

Ren Qi report

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Malaysia's political commentator, the Asian Strategy and Leadership Research Institute of Independent Think Tank, Hu Yishan, said at the 2019 Zhejiang Business Singapore Conference yesterday that the Silk Road Economic Belt in the Belt and Road Initiative has passed through many countries in Central Asia, but because of the special national conditions,It takes a lot of time to communicate in business to do business to affect business efficiency.In contrast, Singapore, Malaysia, Vietnam, the Philippines, Indonesia, and other coastal countries such as Asia in Asia have long been in trade with China. Therefore, he suggested that China is based on this to deepen economic and trade cooperation with Asians and build the 21st Century Maritime Silk Road.

Hu Yishan also emphasized that China's investment in Southeast Asian countries should adapt to local conditions and develop step by step. For example, the development of transportation infrastructure is not the fastest and the best infrastructure to the local area.

He takes Sabah, Malaysia, as an example. Sabah needs a railway, but he does not need high -speed rail to build a two -way mid -high -speed railway for the time being.

How to achieve local conditions and develop step by step, in his opinion, it is the challenge faced by the Belt and Road Initiative in Southeast Asia.

Zhuang Juzhong, a senior economic advisor to the Asian Development Bank Economic Research and Regional Cooperation Bureau, who lectured on the same field, quoted the figures that the economic growth in Asia is affected by the friction of Sino -US trade.5.7%down to 5.4%, and the growth forecast of next year was reduced to 5.5%.

However, some Asian developing countries have benefited from it because Sino -US investors are transferring investment to these countries.

Zhuang Juzhong quoted the 2019 Asian development outlook for the Asian Development Outlook for the Asian Bank of Asia in September. In the first seven months of this year, China's direct investment in Vietnam increased by 200%compared with the same period last year.The period increased by 80%.

The Zhejiang Chamber of Commerce Singapore, hosted by the Singapore Zhejiang Federation of Commerce, was held yesterday at the Mid -Binhai Bay Sands Exhibition Center. There are many projects at the event, including the strategic cooperation between the Singapore National University Business University Business Big Data Analysis Center and Zhejiang University International Innovation Research Institute.

Zhejiang University will also set up an innovation center locally to provide Zhejiang enterprises with support from the sea to Southeast Asia. At the same time, it will help Southeast Asian companies to better enter the Chinese market.