Latest News:  

English>>Foreign Affairs

China and ASEAN to strengthen mining cooperation

By Li Yang  (China Daily)

08:29, May 13, 2013

China and ASEAN countries signed seven mining cooperation agreements valued at about 16.3 billion yuan ($2.59 billion) during the China-ASEAN Mining Cooperation Forum and Exhibition over the weekend.

The event, co-hosted by Chinese resource and commerce authorities and the Guangxi Zhuang autonomous region government, was held in Nanning, capital of Guangxi, from Friday to Sunday.

The event, on the theme "technological cooperation and scientific development of the mining industry", attracted more than 800 representatives from the government, commerce departments, trade organizations and mining associations, and mining specialists and entrepreneurs from China and ASEAN countries. The parties exchanged views on investment and regional cooperation in mining.

The hosts expressed a strong will to improve China and ASEAN countries' sustainable development capability in mining through technological cooperation and by boosting the sustainable recovery of economic growth at the national level with the powerful support of the mining industry.

Wang Min, vice-minister of the Ministry of Land and Resources of China, said mining is an important part of trade between China and ASEAN members. The China-ASEAN Free Trade Area provides a good platform for both sides to tap into the rich mining resources in ASEAN countries and China's advantages in technology, talent and capital.

Somhoune Rasasombath, vice-minister of Ministry of Energy and Mines of Laos, said: "The mining industry contributes a lot to the fiscal revenue of Laos. Its share in Laos GDP grew from 1.5 percent in 2002 to 7.8 percent in 2007. The trade volume of the mining industry, $1.63 billion, accounted for 60 percent of Laos' trade in 2012.

"Forty-eight foreign companies, including Chinese ones, are mining in Laos now. Hungry for technology, talent and funding, the government of Laos looks forward to deepening mining cooperation with all countries and promoting the sustainable development of the mining industry."

【1】 【2】

We Recommend:

Chinese pushing up housing prices in North America?

Nixon's grandson retraces historic week

Great love in the era of micro media

China, E.U. need to rely on each other for support

Washington claims neutrality over islands

China mourns first generation model worker

Email|Print|Comments(Editor:HuangBeibei、Yao Chun)

Leave your comment0 comments

  1. Name


Selections for you

  1. Photos of the week (May 4 - May 11)

  2. My mother is famous around the world

  3. At least 40 killed, 100 injured in blasts on Turkish-Syrian border

  4. Hot wave hits N China
    in photos

  5. People mark 5th anniversary of Wenchuan Earthquake

  6. Mao photograph sells for $55,300 at Beijing auction

  7. Peony flowers burst into bloom

  8. Goods displayed at HOFEX 2013 in Hong Kong

  9. Yacht exhibition held in Hong Kong

  10. Now it's time to enjoy life, says Jack Ma

Most Popular


  1. Renaming 'Arab Spring' cannot hide prejudice
  2. Negative forecast leads Rio Tinto to lay-off
  3. Suffer the children, suffer the country
  4. China, India have wisdom to handle sensitive issues
  5. Ending 'too big to fail' going to be hard work
  6. PwC: Environment hard for Chinese banks
  7. The Rise of the South
  8. Chance for dual face-to-face talks slim
  9. China's regional disparity offers growth potential
  10. US war on terror bent by strategy

What’s happening in China

New lease on life
Pay tribute to mothers who have been through Wenchuan earthquake

  1. Photo story: Hot wave hits N China
  2. 9 tropical cyclones to land in China
  3. SW China landslide kills 5, injures 3
  4. Sichuan colliery death toll rises to 28
  5. Taiwan investigation team ready