Study on the strategy of chongqing in the construction of two belts and one road: The concept of C-EEC urban strategic alliance

Citation

Fu, Haiming. (2017). Study on the strategy of chongqing in the construction of two belts and one road: The concept of C-EEC urban strategic alliance. (Independent study, Master of Business Administration). Bangkok: Siam University.

Abstract

Chongqing is a municipality directly under the Central Government in China. It is a political, economic, commercial and trade center, and a physical transportation hub. It is the connecting point and core area of the “Belt and Road” and “Yangtze River Economic Belt”, it has very important strategic position. According to China’s “Two Belts and One Road” plan, Chongqing will become China’s port highlands and an international logistics hub, becoming China’s “two belts and one road” southwest hub. The Eastern Economic Corridor (EEC) of Thailand is the most advanced special economic zone in Thailand. It is not only the most central part of the 20-year strategic plan formulated by the new government, but also the top project of Thailand 4.0 strategy. The three provinces in the east of Thailand will establish a new economic and trade special zone, which bears the important role of Thailand in transitioning from low-end manufacturing to high-tech technology. Its geographic location is at the crossroads of Southeast Asia. It is the center of all economic corridors in Thailand, and it is also the connecting point between the Asia Pacific region and West Asia, Africa and Europe. Its strategic significance is very important.

This article is mainly based on the development plan of China’s Chongqing and Thailand’s East Economic Corridor, and proposes the concept of “C-EEC” urban strategic alliance, which aims to promote the rapid growth and sustainable development of the regional economy in China and Thailand. At the same time, it can better promote the strategic adjustment of the industrial structure and the rational distribution of productive forces, so as to the advantageous industries of the two sides can complement and flow. Taking the city clusters of these two regions as the main body to implement all-round opening, and in conjunction with corresponding support policies, it will gradually play a role in radiating the surrounding areas. Under the corresponding theoretical support, a comparative analysis of the economic development goals and the existing industrial structure of the two regions of the East Economic Corridor and Chongqing, which illustrates the necessity of building a strategic alliance and the possibility of exploring the new mode of regional economic development. In the process of designing the project, we will make full use of the comparative advantages of the two sides, rationally carry out industrial transfer and industrial division of labor, and then achieve cooperation and docking in the aspects of commercial trade, international transport and humanities exchanges, and ultimately realize the sharing of economic development results. By constructing the “C-EEC” strategic alliance not only helps to promote multi-faceted and in-depth cooperation and interconnection between the two regions, but also makes the Thailand 4.0 strategy more consistent with the planning goals of China’s “Two Belts and One Road” strategy. On the one hand, the successful construction of the “C-EEC” alliance will increase the cooperation between China and Thailand, and seek more opportunities for cooperation. On the other hand, through continuous deepening of communication, it will jointly build large-scale comprehensive hub stations in Southeast Asia and East Asia, and further explore the practical possibilities of mutual benefit and win-win outcome between China and Thailand. While giving play to their respective strengths and experiences in China and Thailand, and promoting all-round cooperation in various fields, they will also increase the opportunities for third-party cooperation and eventually achieve a win-win situation for all parties. Obviously, the construction of “C-EEC” is a multinational city alliance that involves comprehensive issues. It can better interpret the concept of the community of common destiny, and it can also link the core forces of transnational cities and promote the overall development of the regional economy. At the same time, it will enhance the development quality of the alliance cities and their surrounding areas, and provide precedents and diversified templates for the establishment and management of multinational city alliances worldwide.

Keywords:  Eastern Economic Corridor, Urban Strategic Alliance, One Belt and One Road, Yangtze River Economic Belt.

Study on the strategy of chongqing in the construction of two belts and one road: The concept of C-EEC urban strategic alliance

International Master in Business Administration (IMBA), Siam University, Bangkok, Thailand