Nanning-Singapore Economic Corridor

Nanning (China)-Singapore Economic Corridor

Since 2006 the Chinese Government seeks to develop an economic corridor that connects Nanning (Capital of the Guanxi Province) with Singapore.

The Nanning (China)-Singapore Economic Corridor together with the China-ASEAN Free Trade Area could become the pillars of China-ASEAN cooperation under a strategy called "One Axis, Two Wings" whose objective is to achieve the economic integration between China and the ASEAN.

Seven of the eleven countries in the China-ASEAN Free Trade Area are located in the Nanning (China)-Singapore Economic Corridor: China, Cambodia, Laos, Malaysia, Singapore, Thailand, and Vietnam

Indonesia, the Philippines, Brunei, and Myanmar are not located directly in the area of influence of the Nanning (China)-Singapore Economic Corridor, but they may gain significant advantages.

It is also known as the Indochina-China Peninsula Economic Corridor (CICPEC)

The Nanning (China)-Singapore Economic Corridor is included in the New Silk Road.

Sample:


The China-ASEAN strategy also includes:

1. Pan-Beibu Gulf Economic Zone
2. Greater Mekong Subregion (GMS)

Main features of the Nanning (China)-Singapore Economic Corridor

1. Main cities connected by the Nanning (China)-Singapore Economic Corridor: Nanning (China), Hanoi, Vientiane (Vietnam), Phnom Penh (Cambodia), Bangkok (Thailand), Kuala Lumpur (Malaysia) and Singapore
2. Access to Guangzhou - Shenzhen, the Greater Pearl River Delta, Hong Kong and Macau
3. Estimated distance: 5,000 kilometers
4. Estimated time Nanning (China)-Singapore when the corridor is finished: 2 days
5. Main types of transport: land (Highways), air, rail, waterways and multimodal
6. Access to the:
   1. Bangladesh-China-India-Myanmar Economic Corridor
   2. China-Mongolia-Russia Economic Corridor
   3. Trans-Siberian Railway (Russia, Mongolia, China, North Korea)

Railway network related to the Nanning (China)-Singapore Economic Corridor

1. The Nanning Railway is linked to the North-South Vietnam Railway
2. From southern Vietnam there are rail links to Cambodia, Thailand, Malaysia and eventually Singapore

Nanning-Singapore Highway

1. One of the final objectives is to build a Nanning (China)-Singapore Highway
2. Nanning - Youyiguan Highway (Chinese border city with Vietnam)
3. Vietnam Highway 1 (crosses from north to south). This road connects with other roads of Laos, Cambodia and Thailand.
4. Nongkhai-Bangkok-Kuala Lumpur-Singapore Highway

Asian regional economic communities related to the Nanning (China)-Singapore Economic Corridor

1. China is a member of:
   1. Shanghai Cooperation Organization (SCO)
   2. Organization for Cooperation between Railways (OSJD)
   3. Central Asia Regional Economic Cooperation Programme (CAREC)
2. Association of Southeast Asian Nations (ASEAN)
   1. ASEAN Economic Community
   2. ASEAN Free-Trade Area (AFTA)
   3. Mekong Economic Cooperation Strategy (ACMECS): Cambodia, Laos, Myanmar, Thailand and Vietnam
   4. Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT): Thailand, Indonesia, Malaysia
   5. Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA): Brunei Darussalam, Malaysia, Indonesia, Philippines
   6. Mekong River Commission: Cambodia, Laos, Thailand and Vietnam
3. Bay of Bengal Initiative (BIMSTEC): Myanmar, Bangladesh, India, Sri Lanka, Thailand, Bhutan and Nepal
4. Greater Mekong Subregion: Cambodia, China, Laos, Myanmar, Thailand and Vietnam
5. Asia-Pacific Trade Agreement (APTA): Bangladesh, China, India, South Korea, Laos, Mongolia and Sri Lanka
6. Indian-Ocean Rim Association (IORA)
   1. Asia: Australia, Bangladesh, India, Indonesia, Iran, Malaysia, Sri Lanka, Singapore, and Thailand
   2. Africa: Comoros, Kenya, Madagascar, Mauritius, Mozambique, the Seychelles, South Africa, and Tanzania
   3. Middle East: Oman, the United Arab Emirates, and Yemen
7. Asian Clearing Union (ACU): Bangladesh, Bhutan, India, Iran, Myanmar, Maldives, Nepal, Pakistan and Sri Lanka
8. Asia-Pacific Economic Cooperation (APEC): Australia, Brunei Darussalam, Canada, Chile, China, South Korea, United States, Philippines, Hong Kong, Indonesia, Japan, Malaysia, México, New Zealand, Papua New Guinea, Peru, Russia, Singapore, Thailand, Taiwan, Vietnam
   1. Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

Free Trade Agreements related to the countries of the Corridor

1. Chinese Free Trade Agreements (FTA): ASEAN, Singapore, Pakistan, New Zealand, Peru, Costa Rica, APEC, Shanghai Cooperation Organization, Asia-Pacific Trade Agreement, European Union, Andean Community...
2. ASEAN
   1. ASEAN Free Trade Agreements (FTA): China, Canada, Australia-New Zealand, India, European Union, South Korea, Russia, United States, Pakistan, Japan...
   2. Singaporean Free Trade Agreements: Australia, China, Jordan, India, Japan, Korea, New Zealand, Panama, Peru, EFTA, United States...
   3. Thailand has Free Trade Agreements with India, the Gulf Cooperation Council (GCC), China, and New Zealand
   4. Indonesia has a Trade Agreement with India

Main Asian institutions related to the Corridor

1. Boao Forum for Asia
2. Asia Cooperation Dialogue (ACD)
3. Economic and Social Commission for Asia and the Pacific (ESCAP)
4. Asian Development Bank (ADB)
5. Colombo Plan

Main Islamic institutions related to the Corridor

1. Organization of Islamic Cooperation (OCI)
2. Islamic Development Bank (IsDB)

The main religions of the region of the Nanning (China)-Singapore Economic Corridor are:

1. Islam
2. Buddhism
3. Confucianism
4. Taoism

The Nanning (China)-Singapore Economic Corridor belongs to:

1. Sinic Economic Area
2. Buddhist Economic Area

(c) EENI Global Business School (1995-2022)
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