B[After the Pinglu Canal is opened to navigation, the transportation distance between China's southwest hinterland and ASEAN will be shortened by more than 560 kilometers] September 1st, at a press conference held by the State Council Information Office this morning, the relevant person in charge of the Guangxi Zhuang Autonomous Region introduced that after the Pinglu Canal is opened to navigation, the transportation distance between China's southwest hinterland and ASEAN will be shortened by more than 560 kilometers, and logistics costs will be reduced by 18% to 30%. According to reports, the Pinglu Canal is the river-sea canal with the highest navigation level in China and the world, and will restructure the economic and geographical map of China and ASEAN. After the opening of navigation, not only will there be an additional channel for the two-way flow of goods between the two major markets, but capital, technology, talent, labor and other factors from southwest China and ASEAN countries will also further converge, giving rise to new cross-border investment and industrial cooperation projects.
— All loaded —
