Guided by a remote control system, a mechanical heavy-duty transport vehicle is capable of loading tons of materials or even transferring them to the production line, all executed without any operator at the controls.
This intelligent transport equipment, developed and manufactured by Guangxi LiuGong Machinery Co., Ltd. from China, is gaining popularity among mining and construction companies in the member countries of the Association of Southeast Asian Nations (ASEAN).
"To meet the demand for diversified and personalized high-end products in the construction heavy machinery market, LiuGong is concentrating on electrification, digitalization, interconnectivity, and the intelligence of heavy machinery, with annual growth in research and development investment reaching double digits," stated the company's senior manager, Li Dongchun.
At the ongoing China-ASEAN Expo in Nanning, Guangxi Zhuang Autonomous Region, southern China, the construction machinery manufacturer showcased eight electric products, including transport vehicles, excavators, and forklifts, in response to the growing interest in smart and environmentally friendly products made in China across ASEAN member countries.
China-ASEAN trade has experienced steady expansion over the years. Official data indicates that China has been the largest trading partner for ASEAN for 15 consecutive years, with bilateral trade value soaring from 876.4 billion yuan (1 yuan = Rp2,160) in 2004 to 6.41 trillion yuan in 2023, reflecting an average annual growth rate of 11 percent.
As China intensifies its efforts to develop new growth engines that are technology-intensive and environmentally friendly, a variety of smart and eco-friendly products and technologies have captured the attention of exhibitors and visitors at the 21st China-ASEAN Expo.
During a signing ceremony at the exhibition on Tuesday, September 24, 109 agreements were formalized, covering emerging strategic sectors such as new energy, advanced manufacturing, and electronic information.
ASEAN Secretary-General Kao Kim Hourn stated that China and ASEAN member countries are exploring new cooperation opportunities across various fields, including artificial intelligence and clean energy, which will facilitate the achievement of shared goals in innovation and sustainable development.
For environmentally friendly technology companies like Envision Group, the expo presents an opportunity to tap into the growing ASEAN market as developing nations strive to address the challenges of the green energy transition.
This exhibition serves as an excellent platform for us to establish connections with a greater number of customers from ASEAN countries, stated Wu Jiakun, a representative from Envision Group.
Since 2015, Envision Group has been collaborating with Vietnam in the field of wind turbine generators. To date, the company has established offices in seven ASEAN countries, including Cambodia and Laos. Wu expressed his interest in the renewable energy market within ASEAN nations, particularly regarding wind turbines and energy storage systems.
Many renewable energy industries in China have matured and are eager to share their experiences with ASEAN member countries. Such collaboration could create mutually beneficial situations for both the economy and society, injecting new green momentum into the development of neighboring countries, Wu elaborated.
At Sirindhorn Dam in Thailand, a floating photovoltaic project built with assistance from China, one of the largest floating hybrid solar power projects in the country, is bringing Thailand closer to its green development goals.
China Energy Engineering Corporation Limited, the builder of the dam project, is a regular exhibitor at the China-ASEAN Expo. The company highlights this project as a prime example of China's commitment to advancing green energy cooperation in ASEAN.
ASEAN serves as a key strategic market for the international business development of our company. Furthermore, advancing clean energy projects in ASEAN countries contributes to green and low-carbon development in Southeast Asia, stated Song Hailiang, Chairman of China Energy Engineering Corporation Limited.
Shi Zhongjun, Secretary-General of the ASEAN-China Centre, noted that cooperation between China and ASEAN has expanded into new areas, revealing significant potential in emerging industries. In particular, both parties enjoy broad prospects for jointly developing new quality productive forces, according to Shi.
Given the interdependence of the Chinese and ASEAN economies, along with their status as each other's largest trading partners, enhancing bilateral cooperation in innovation and technology transfer will assist both parties in creating new growth pathways, remarked Kao.