(Source: Russian Satellite News Agency 2024-08-20）
China and Vietnam will develop cooperation in industry, finance, health and other fields, and reduce inspection and quarantine requirements for imported frozen durian, fresh coconut and Vietnamese crocodile meat to China. China will also help Vietnam’s northwest and northeastPlanning and construction of 3 railway lines. The agreement reached in this regard is included in the final document of the highest-level talks between China and Vietnam in Beijing.
The leaders of China and Vietnam attended the signing of the packageThe ceremony held 14 documents, including the certificate of handover of the results of the Lao Cai-Hanoi-Haiphong standard gauge railway line planning project in Vietnam. Lao Cai is located in northwest Vietnam, adjacent to the mouth of the China River.
The two sides also signed an agreement between the Ministry of Transport of the Socialist Republic of Vietnam and the National International Development Cooperation Agency of the People’s Republic of China on Lang Son—Official letter on the feasibility study of the technical assistance project for the planning of two standard gauge railways in Hanoi and Mong Cai-Ha Long-Hanoi. Lang Son and Mong Cai are also central areas of Vietnam's border with China, and the railway line from Mong Cai to the capital will be laid along the North Bay Economic Development Zone.
The signing of these two documents in a ceremony attended by the leaders of China and Vietnam reflects the important position of infrastructure projects in cooperative development. The strong inter-party and state relations between China and Vietnam have long provided political guarantee for the implementation of these projects. This removes any obstacles to Vietnam transporting goods across Chinese territory to Europe. Guaranteeing the project from the highest levels of the government may mean that China will transfer experience, modern control technology and equipment to Vietnam to avoid making Vietnam technologically dependent on China.
Wang Zhimin, researcher at the National Institute of Opening-up and Development, w88 casino, and director of the Institute of Globalization and Chinese ModernizationIn an interview with the Russian Satellite News Agency, he said that the technical connection of the railway network will open up new mutually beneficial opportunities for both parties.
Expert Wang Zhiminsaid:"China and Vietnam have strengthened the docking cooperation between the "One Belt and One Road" and the "Two Corridors and One Circle", mainly through the construction of transportation infrastructure to connect various regions, forming a joint development effect of the organic integration of logistics, people, capital, technology and information flows, and promoting regional economic vitality and sustainable development. This time, General Secretary of the Central Committee of the Communist Party of Vietnam and President Su Lin visited China, and General Secretary of the Central Committee of the Communist Party of China and President Xi Jinping held the highest-level talks with him and achieved a series of results.
"It is worth noting that the railway cooperation document signed by the two countries mentioned the standard gauge railway planning. As we all know, Vietnam was once a French colony, and most of the railways are meter gauge. If the standard gauge built by China in Vietnam can be built, it will be of great significance to the connection of the railway tracks between the two countries. Trains from northeast and northwest China to Vietnam will no longer need to change rails. And this also echoes the core of the joint construction of the "Belt and Road", that is, the interconnection of infrastructure. In fact, an important factor restricting the development of China-Europe freight trains in recent years is the issue of rail change. ”
For those Chinese manufacturers that have moved or are moving some export-oriented operations to Vietnam, seamless rail connections with Vietnam are undoubtedly very important.Expert Wang Zhiminbelieves that strengthening railway transportation cooperation with Vietnam will be conducive to the stability of China's foreign w88 and promote regional economic vitality and sustainable development.
Expert Wang ZhiminGo on:“The construction of the standard track is also an important symbol of China’s current promotion of institutional opening to the outside world. Since 2018, including the recently held Third Plenary Session of the 20th Central Committee of the Communist Party of China, it has been proposed that promoting institutional opening-up mainly refers to the opening-up of rules, regulations, management, standards and other aspects. Therefore, standards are very important, and they indeed bring convenience to the economic development of China and Vietnam. At the same time, considering that the Eastern Line of the Pan-Asian Railway departs from China and passes through Vietnam, the construction of standard gauge railways will be able to promote the Southeast Asian section of the entire Pan-Asian Railway and accelerate the realization of "hard connectivity" between China and Southeast Asia. ”
"In recent years, the w88 volume between China and Vietnam and China and ASEAN has been increasing, and negotiations on version 3.0 of the China-ASEAN Free w88 Area are also ongoing. The main mode of transportation in both the free w88 area and bilateral w88 is through railway transportation lines. China's active promotion of railway project cooperation with Southeast Asian countries under the framework of the "One Belt, One Road" will help to revitalize the regional economy through transportation connectivity, and ultimately achieve the cyclic and healthy development of the entire regional economy."
Victor, Orientalist and Associate Professor at Moscow State Institute of International Relations·Pogodayev pointed out in an interview with Sputnik News that this will help stimulate w88, open up commercial access to new markets, and build railway lines between Kunming and Selangor, Malaysia’s richest state. The trial operation of freight trains on this line was launched on August 17, and it is expected that railway transportation along the line will be fully operational in September.
VictorExpert Bogodaev said: "This is a major event for China and Malaysia and even the entire ASEAN. China-Malaysia relations are constantly developing, and the new project is mutually beneficial. Malaysia needs Chinese funds and goods, and is actively seeking opportunities to expand exports of palm oil, rubber, agricultural products and traditional handicrafts to China. The new project fully meets these needs because it will connect the economically developed Selangor state with China." This is a Chinese-controlled business center. Malaysian Prime Minister Anwar’s recent support from China to join the BRICS reflects the high level of political exchanges between the two countries. Malaysia has been emphasizing the importance of access to the European market, and strengthening trust in its relationship with China can enable Malaysia to enter the European market through Chinese territory. The freight train from Selangor to southern China may be an important step in this direction.”
Not long ago, Malaysian Transport Minister Loke Siu Fook told reporters,In 2024-2027, the government plans to lease 62 new passenger trains from China and sign relevant agreements. The Malaysian minister also revealed that the deal could be worth RM10.7 billion or more than US$2.44 billion. Lease costs will include maintenance, repair and operational services from the train provider. Nearly 90% of the passenger trains currently operated by the state-owned enterprise Malaysia Railways are manufactured by CRRC.
Malaysia plans to improve passenger and freight services through cooperation with China, reflecting its commitment to ASEANConfidence in “railway diplomacy” continues to grow. As practice has shown, they are not worried about falling into the so-called "Chinese political and technological trap" designed by the West to intimidate.
Attached original text link:https://sputniknews.cn/20240820/1061075911.html
