On August 29, the Yunnan ASEAN Industrial City agreement signing ceremony was held in Kunming. The city’s municipal government, Central Yunnan New District and Singapore-based Hand Company jointly signed a strategic cooperation agreement.

Yunnan is at the intersection of the Bangladesh-China-India-Myanmar Economic Corridor and the China-Indochina Peninsular Economic Corridor. The construction of the new Yunnan ASEAN Industrial City will be based on the existing China-Singapore Suzhou Industrial Park and depend on Singapore’s great experience in urban planning. It will serve as a means of in-depth and diversified Yunnan-ASEAN cooperation, as well as act as an open platform for the two sides to learn from each other.

When completed, the Yunnan-ASEAN Industrial Park will reach new economic heights, leading the province forward in terms of economic development and innovative, eco-friendly regional influence.