China approved plans to establish China-Indonesia, China-Philippines demonstration parks in Fujian province

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China’s State Council, the cabinet, approved plans to establish China-Indonesia and China-Philippines demonstration parks for economic and trade innovation and development in East China’s Fujian Province, according to documents.

Local government of Fujian province should give full play of the complementary advantages in economic and trade cooperation with ASEAN countries, including exploring a deeply integrated model of cooperation in industrial chain, supply chain and value chain while creating a new high ground for economic and trade cooperation and exchange with ASEAN countries, according to the documents.

The local government is required to effectively promote the construction and development of the demonstration parks and develop and improve implementation plan as soon as possible, the documents said.