{"id":31148,"date":"2026-04-08T07:36:46","date_gmt":"2026-04-08T07:36:46","guid":{"rendered":"https:\/\/gsrra.com\/?p=31148"},"modified":"2026-04-08T07:36:50","modified_gmt":"2026-04-08T07:36:50","slug":"china-emerges-as-key-supply-hub-in-asean3-production-network-says-regional-research-institute","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=31148","title":{"rendered":"China emerges as key supply hub in ASEAN+3 production network, says regional research institute"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/english.news.cn\/20260407\/60610154272a47da8b1c5aeb2675ca12\/2026040760610154272a47da8b1c5aeb2675ca12_ChkhgeE000004_20260407_CBMFN0A001.JPG\" alt=\"\"\/><figcaption class=\"wp-element-caption\">This aerial drone photo shows a view of a new energy battery production base of South Korean EV battery maker SK On Jiangsu Co,. Ltd. in Yancheng, east China&#8217;s Jiangsu Province, Oct. 16, 2025. (Xinhua\/Li Bo)<\/figcaption><\/figure>\n\n\n\n<p>China has become a primary hub in the production network of the ASEAN+3 region, comprising ASEAN member states plus China, Japan and South Korea, the Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) said Monday.<\/p>\n\n\n\n<p>The past two decades have seen a fundamental structural shift underpinning the region&#8217;s resilience, the institute said in its ASEAN+3 Regional Economic Outlook 2026.<\/p>\n\n\n\n<p>&#8220;From the supply side, regional production networks have evolved from a Japan-centered hub into a denser, more interconnected architecture anchored by China,&#8221; it said, noting that this was supported by China&#8217;s expanding manufacturing capacity, logistics infrastructure, and central position in intermediate goods trade.<\/p>\n\n\n\n<p>&#8220;These supply linkages reflect interdependence rather than unidirectional dependence,&#8221; the report said.<\/p>\n\n\n\n<p>On the demand side, ASEAN+3 has emerged as a major source of global final demand, collectively larger than the United States, with intraregional demand now far more significant than two decades ago.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/english.news.cn\/20260407\/60610154272a47da8b1c5aeb2675ca12\/2026040760610154272a47da8b1c5aeb2675ca12_ChkhgeE000004_20260407_CBMFN0A002.JPG\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Staff members work on an inspection line at a workshop of Changan Mazda in Nanjing, east China&#8217;s Jiangsu Province, March 17, 2026. (Xinhua\/Ji Chunpeng)<\/figcaption><\/figure>\n\n\n\n<p>This relationship is also two-way: within ASEAN+3, China is the dominant demand hub, while other economies are key sources of final demand for Chinese exports, the report noted.<\/p>\n\n\n\n<p>At the same time, foreign direct investment (FDI) reinforced these links, with rising intraregional FDI complementing trade and production relationships, the report said.<\/p>\n\n\n\n<p>During Monday&#8217;s release conference, AMRO Chief Economist He Dong told reporters that for supply chains to be resilient, it is important for economies involved to increase domestic-value-added content, meaning larger positive spillovers from FDI into the domestic economy.<\/p>\n\n\n\n<p>Firms in ASEAN can benefit by upgrading local capacity. By increasing domestic value-added, regional firms gain more opportunities and make supply chains more resilient to external shocks, He said.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/english.news.cn\/20260407\/60610154272a47da8b1c5aeb2675ca12\/c.html\" target=\"_blank\" rel=\"noopener\">https:\/\/english.news.cn\/20260407\/60610154272a47da8b1c5aeb2675ca12\/c.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China has become a primary hub in the production network of the ASEAN+3 region, comprising ASEAN member states plus China, Japan and South Korea, the Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) said Monday. The past two decades have seen a fundamental structural shift underpinning the region&#8217;s resilience, the institute said in its ASEAN+3 Regional Economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[24615,2307,2076,28506,28505,28504],"class_list":["post-31148","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-sample-category","tag-asean-4","tag-china-3","tag-economy-2","tag-production-net-work","tag-regional-research-institute","tag-supply-hub","post_format-post-format-aside"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/31148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31148"}],"version-history":[{"count":2,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/31148\/revisions"}],"predecessor-version":[{"id":31151,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/31148\/revisions\/31151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/31149"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}