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First Expressway Linking China with ASEAN Opens to Traffic
BEIJING, Dec 28 (AFP) - The first expressway
linking China and a member of the Association of Southeast Asian
Nations (ASEAN) opened to traffic Wednesday, significantly reducing
travel time, state media said. The 179.2-kilometer (110-mile)
expressway begins in Nanning, the capital of south China's Guangxi
region and leads to Vietnam's Friendship Pass at the border between
Vietnam and Guangxi, the Xinhua news agency said. The expressway
halves the traveling time between Nanning and the border to less
than two hours, it quoted officials as saying. It now takes only
five hours to travel from Nanning to Vietnam's capital Hanoi,
officials said. With an investment of 3.7 billion yuan (456 million
dollars), the eight-lane expressway is currently the most convenient
overland passage linking China with ASEAN, according to Xinhua. The
expressway is expected to help expand trade between China and ASEAN
countries and promote the formation of the China-ASEAN Free Trade
Area, which the two sides aim to develop by 2010. ASEAN has become
China's fourth largest trade partner, with trade volume between the
two growing 25 percent to reach 59.76 billion dollars in the first
half of this year, according to China's ministry of commerce. ASEAN
is the fifth largest export market for China and the fourth largest
source for imports. The two sides initiated steps towards a free
trade zone in 2002. The FTA will create the world's biggest
free-trade zone, covering nearly two billion people. cs/sm |