Since Myanmar became an official RCEP member on May 1, 2022, around 5000 types of goods exported to China from Myanmar (68% of total exports) have become tax-exempt. In addition, cross-border economic cooperation zones and cross-border transportation routes are to be implemented under the Lancang-Mekong Cooperation (LMC) plan.Ĭhina is diversifying its ocean access avenues to connect to other regional countries through Myanmar, either through the China-Myanmar Economic Corridor project or the Lancang-Mekong Cooperation plan. Infrastructure projects are to be implemented in Myanmar under the China-Myanmar Economic Corridor project which is a part of China’s Belt and Road Initiative. Moreover, China’s Pan-Beibu Gulf Economic Cooperation has also been enhanced throughout the Beibu gulf. In 2019, a bilateral agreement was signed between the ports of Beibu and Yangon establishing a sister port relationship. Therefore, of all seaports in China, Qinzhou port is being prioritized especially to connect to ports in ASEAN.Ĭhina has invited Myanmar to participate in the implementation of the new International Land-Sea Trade Corridor as a connection to ports in Beibu gulf. The Beibu gulf opens trade to China’s landlocked provinces and is an important sea outlet for the whole southwest of China. The first new route, China (Yunnan) – Myanmar (Yangon) – Indian Ocean New Transportation Corridor, has been running since August 2021. This is the second new maritime route to be implemented between China and Myanmar since the 2021 coup. The ports of call will be the Chinese ports of Qinzhou, Nansha and Shantou, Klang port in Malaysia, Yangon port in Myanmar, Belawan port in Indonesia and Hai Phong port in Vietnam.Ĭhina will also be able to connect to Penang port in Malaysia and Chittagong port in Bangladesh through this new route. On returning from Yangon port, the ship will enter Indonesia’s Belawan port and Hai Phong port in Vietnam before returning to China’s Qinzhou port. It will only take 12 days because the cargo ship will first call at Malaysia’s Klang port, passing through the Malacca Strait from Qinzhou port in nine days before an onward journey to Yangon port taking three days. The Chinese Embassy in Myanmar announced that it intends to operate four cargo ships weekly along the new route, Guangxi – Yangon, and that transit duration will be reduced by 40 percent since goods can now be delivered directly from Qinzhou port to Yangon in just 12 days. The new trade route will connect the ports in member states of the China-led Regional Comprehensive Economic Partnership (RCEP). A new maritime trade route, Guangxi – Yangon which will directly connect Qinzhou port in Beibu gulf port in China’s Guangxi to Yangon port in Myanmar, was opened on October 28, 2022.
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