Xie Bairong: 1 Billion Nuggets Of ASEAN

In 2003, Xie Bairong came to the border area of the South Bank of the Ruili River in Dehong, Yunnan, and invested 250 million yuan to build the only international trade city and bonded warehouse in the area. In 2006, its turnover amounted to 1 billion 600 million yuan.

The small town, which is only 1.92 square kilometers, borders Burma, and the large market of the more than 500 million ASEAN countries and the South Asian subcontinent surround them.

Recently, Xie Bairong has been employed as an economic adviser to the Federal Ministry of Commerce in Burma. She has invested in the 105 yard special economic zone covering thirty thousand acres in Burma's federal Mu Jie City, and is responsible for the 5000 acres of Zhejiang Industrial Park and the entrepot trade base project.

Prior to that, he has run a Burma lead zinc mine with proven metal reserves of 70 million tons, totaling several US $300 million hydropower stations and a $50 million aquatic import business.

In recent days, Xie Bairong, who is hand in hand around the Pearl River, told the newspaper that its operating capital on the two sides of the Ruili River has exceeded one billion yuan.

Xie Bairong, the boss of Zhejiang Bole group, has a very keen commercial sense of smell.

In November 4, 2002, China and ASEAN signed the framework agreement on comprehensive economic cooperation between China and ASEAN, and planned to build the 10+1 free trade area in 2010.

This means that a huge international market with 1 billion 700 million consumers, nearly 2 trillion dollars gross domestic product and total trade volume of 1 trillion and 200 billion dollars will be fully launched.

Three days later, Xie Bairong flew to Zhejiang to visit her sister.

As a matter of fact, the strategic position of the elder sister is unique. In August 2000, the State Council approved the establishment of the sister border border trade zone. It was set up as an international port city facing Southeast Asia and South Asia as a trade, processing, warehousing and tourism. It was also implemented by the Customs General Administration of China to implement the special supervision mode of "internal customs outside the territory", such as the temporary levying of state taxes, the exemption of local taxes, enterprise income tax and land use tax for three years.

With the implementation of the strategy of developing the western region, the 320 national highway, the Sino Burma land water intermodal corridor and the Pan Asian Railway West line will be launched.

The unique location of the border town, convenient pportation and preferential border trade policy deeply attracted Xie Bairong's eye.

In early December, China and ASEAN signed the "China ASEAN comprehensive economic cooperation framework agreement on goods trade agreement" and "China ASEAN Dispute Settlement Mechanism Agreement".

Xie Bairong realized that the adjustment of the national strategy contained tremendous business opportunities: the sales of mineral products, aquatic products, logs, natural rubber and other resource products in Southeast Asia and South Asia will become more and more popular in China, and the commodities made in China such as general merchandise, plastic products, hardware and electrical appliances are also suitable for the Southeast Asian and South Asian markets.

"This is the only 1.92 square kilometres of land that we can reach zero distance from Southeast Asia and South Asia, which is doomed to have no clonality and scarcity of resources," she said.

He said that, considering the extremely attractive market space, he immediately decided to set up a comprehensive trading center.

Xie Bairong revealed that Burma ambassador to China Wu Denglun had made a special visit to the project, and signed a memorandum with the bole group. One of them was: "Yunnan sister told Burma international Burmese mall that Burma and ASEAN countries would like to carry out the idea of re export trade. The bole group can provide relevant diplomatic notes and proposals at any time."

By December 12, 2005, the "China Burmese Bole International Mall", which was invested by Xie Bairong, was officially opened.

This group of business shops, office and warehousing has a total investment of 2.5 billion yuan, with a total construction area of 200 thousand square meters, and more than 400 shops in the first phase.

"The land price of two years ago was 85 thousand yuan / mu, now it is 1 million 270 thousand yuan / mu."

Xie Bairong frankly said that only 40 acres of land owned by the mall, its personal wealth has increased substantially.

After investing in Burma, Xie Bairong began to have a long way to go.

In early 2005, the Burma government decided to speed up the construction process of the Sino Burmese border trade area, and build the largest special economic zone in Burma in the city of Mu Jie, a national port linking sister to the border trade area.

Xie Bairong quickly got a slice of the cake.

Bole group is fully involved in the huge project called "105 yards special economic zone", with a total investment of US $4 billion.

Among them, Xie will be responsible for covering 5000 acres of "Zhejiang Industrial Park" and re export trade base project.

He said that the project adopts the internationally accepted unified management and decentralized management mode.

The Burma government gives temporary tax exemption to the enterprises in the park, and allows the port trade to be assessed and paid by Burmese and Renminbi.

At the same time, the Burmese side also learned from sister's policy experience of "inside the border area" and designated the area from Mu Jie to nearly 105 square yards to a free trade zone or a tax-free zone. The Chinese vehicle can directly import and export cargo to the 105 yards. Burma's domestic goods cross 105 yards into the Mu sister, which is regarded as an export, but foreign materials that do not go beyond 105 yards are not regarded as imports.

According to statistics from Burma, the trade volume between China and Burma has exceeded 8 billion yuan in 2005, while Mu Jie reported that the total volume of border trade was nearly 4 billion yuan.

China's Burma trade volume is expected to exceed US $2 billion by 2008.

Xie Bairong told this newspaper that the 105 yards special economic zone will become the trade pshipment center of China to Bangladesh Chittagong, Burma Yangon and India Calcutta. It can effectively avoid the "Malacca" bottleneck and become the golden channel for China and Southeast Asian trade and logistics.

Not only that, but the early millionaire rich in the real estate industry has also set foot in the rich resource industry in Burma.

In September 2005, he received the mining intention of a lead-zinc mine with a proven capacity of 70 million tons in Burma. "It is an abandoned silver mine, with a total of more than 1000 mu, with a lead and zinc content of 75% or more."

He said that at present, the preparatory preparation for the lead-zinc mine has been put in place, and some ores have been sold to Han steel and Panzhihua Iron and steel company.

In the future, it will also build a self refining project in some place in China, and it will generate a net profit of 3-5 billion yuan / year after formally put into operation.

In April 2006, in order to expand the scope of economic cooperation with China, the federal government of Burma promulgated a "Chinese investment law" specifically aimed at China to fully protect the investment interests of Chinese businessmen in Burma.

Soon, Xie Bairong set up "Burma Mandalay Bole international investment and Trade Co., Ltd." in Mandalay, the second largest city in Burma, and intends to develop an industrial park covering an area of 20 thousand mu to attract more Chinese enterprises to invest and run factories.

In June 2006, Bole Group signed a $50 million import agreement with the Burma aquatic Association, which commissioned it to seek provincial agents to expand sales in China.

Xie Bairong predicts that by 2008, the import of aquatic products by Bole group will reach US $one hundred million.

Recently, Xie Bairong has been involved in several hydropower projects in Burma, and the total investment will reach US $300 million.

"Burma's hydropower resources are extremely rich, but we are only participating in the operation temporarily, and still focus on business and industrial parks."