Hainan's Official Portal for Global Investors
HAIKOU /China/, May 15. /TASS/. The alliance of Hainan Free Trade Port think tanks and the Association of Southeast Asian Nations (ASEAN) held the first working meeting to focus on the key issues of cooperation in the research field this year. This was reported by China News Service.
According to the article, the participants discussed major issues in the world including the Ukrainian crisis. The new structure, created in late April during the Boao Forum for Asia, focused on tasks related to universal security and sustainable development.
As Chi Fulin, Director of the China Institute for Reform and Development (Hainan), said at the meeting, the alliance should help strengthen mutual understanding among representatives of participating countries and contribute to the development of strategic solutions that will properly respond to the existing challenges. In this way, he said, new prerequisites for strengthening economic, cultural and humanitarian cooperation between China and ASEAN will be created.
The participants called for deeper contacts and a more thorough coordination on issues related to strengthening the legal framework for fruitful multilateral cooperation in trade and investment as well as the development of regional supply chains in the post-pandemic era.
As Chi Fulin told TASS earlier, Hainan can make a breakthrough in implementing important economic projects involving government agencies and ASEAN companies during the 14th Five-Year Plan (2021-2025). He believes that the process of increasing cooperation with Southeast Asia will create an important regional center on the island, which will play a coordinating role in China's foreign economic cooperation with the countries of the region.
