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Your Bridge to Resources in Hunan,
Your Bridge to Resources in Hunan,
Your Partner in Venturing into ASEAN.
Your Partner in Venturing into ASEAN.
position
position
Hunan's premier innovation service platform for ASEAN, backed by provincial FTZ policy innovation, is dedicated to two-way empowerment and innovation. We catalyze strategic partnerships in investment, technology transfer, and industry synergy between Hunan and ASEAN, fostering a collaborative ecosystem of "industrial complementarity and shared benefits" across ASEAN countries.
Background
Background
The establishment of the Hunan-ASEAN Industrial Innovation Service Center is a direct response to the RCEP framework. It drives deeper integration between Hunan and ASEAN in tariff reduction and trade facilitation through a dedicated regional platform.
Leveraging the institutional innovations of the Pilot Free Trade Zone in investment liberalization, trade facilitation, and financial opening, the Center provides policy support for settled enterprises in cross-border settlement and foreign exchange management.
economic datas
economic datas
Trade
In 2024, Hunan-ASEAN trade reached ¥132 billion (up 18.5% YoY), accounting for 22.3% of Hunan's total foreign trade and solidifying ASEAN's position as the largest trading partner.
Exports: ¥986B (Main: Engineering Machinery, Rail Transport Equipment, Agricultural Products)
Imports: ¥334B (Main: Minerals, Tropical Agri-products, Electronic Components)
Investment
Hunan's ODI to ASEAN: $48.2B (Up 25% YoY)
ASEAN's FDI in Hunan: $12.6B (Focused on: Smart Manufacturing, Agricultural Processing)
Logistics Connectivity
In 2024, 862 China-Europe (ASEAN) Express trains operated from Changsha International Inland Port, a 32% increase year-on-year.The total cargo value exceeded ¥450 billion.
Supporting organizations
Supporting organizations
Administrative Committee of Changsha Area, China (Hunan) Pilot Free Trade Zone
People's Government of Yuhua District, Changsha City
Administrative Committee for China (Changsha) ASEAN Economic & Trade Cooperation Headquarters Base
Cooperative Support Organization
Cooperative Support Organization
ASEAN Commerce Cooperation Association
Cambodia Industrial Innovation and Development organization
Cambodia-China International Trade Promotion Association
South East Asia Commercial Association
Thailand-China Economic Trade and Culture Promotion Association
China-ASEAN Entrepreneurs Club
Hunan New Energy Industry International Cooperation Committee
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