日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China-ASEAN commerce, investment to help boost global recovery amid downside pressure

By LIU ZHIHUA in Beijing and SHI RUIPENG in Nanning | CHINA DAILY | Updated: 2021-11-25 09:18
Share
Share - WeChat
A cargo ship docks at Qinzhou Port in China-ASEAN Free Trade Area in Qinzhou, Guangxi Zhuang autonomous region, on July 11, 2020. [Photo/Xinhua]

The ever-strengthening economic and trade cooperation between China and the Association of Southeast Asian Nations will further unleash growth potential on both sides to improve the welfare of people in the region while also helping with global economic recovery, according to experts and business executives.

ASEAN member states have long been priority destinations for China's foreign trade and outbound investment activity, and closer bilateral ties will significantly promote free flows of production factors and investment in the region, and therefore strongly boost the integration of industrial and supply chains to bolster regional development and the global economy, they said.

Their comments came as Chinese President Xi Jinping and leaders from ASEAN jointly mapped out a new vision for future cooperation on Monday, elevating bilateral relations to a comprehensive strategic partnership.

"The ASEAN countries have different levels of development and resource endowments, and thus have strong economic and trade complementarity with China," said Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing.

Thanks to mutually recognized economic and trade rules and arrangements over the years, bilateral trade between the two sides surged from less than $8 billion in 1991 when they established dialogue relations, to $684.6 billion last year, said the Ministry of Commerce.

About 90 percent of goods traded between the two sides enjoy zero-tariff treatment, and China has been ASEAN's largest trading partner for 12 years in a row, while ASEAN became China's largest trading partner last year.

During the first 10 months, China-ASEAN trade totaled $703.3 billion, up 30 percent year-on-year, indicating a probable record for the full year.

Zhang Jianping, director-general of the China Center for Regional Economic Cooperation, said China and ASEAN have even greater cooperation potential in areas such as infrastructure, energy and resources, agriculture, manufacturing and modern services.

"China and ASEAN will become the largest and most energetic emerging markets in the Asia-Pacific region, and the integration of the regional economy will be accelerated, driven by the strengthening bilateral economic and trade cooperation," Zhang said.

Wang Zhengbo, president of Guangxi TWT Supply Chain Management Co Ltd, said he felt "extremely confident" in enterprise growth thanks to the bright China-ASEAN trade prospects. The company, based in Nanning, the Guangxi Zhuang autonomous region, is an agricultural trader focused on ASEAN products.

"Thanks to the deepening economic and trade cooperation between China and ASEAN, it is getting increasingly convenient for the Chinese people to enjoy Southeast Asian fruits, such as durian, mangosteen and longan," he said.

"At the same time, the huge and expanding market in China also motivates ASEAN people to produce more fruit, boosting profitability and development of the agriculture sector in ASEAN."

The company has offices in all the major ports of the autonomous region, and total volume of both cross-border trade and logistics of the company registered double-digit growth in recent years.

The integration of the regional industrial, supply and value chains of China and ASEAN has also been constantly deepening, according to experts.

In 2020, bilateral processing trade, which involves importing components and exporting finished products, totaled $141 billion, making up 20.6 percent of total trade, while trade in raw materials and intermediates also accounted for an important share of the bilateral trade, official commerce data showed.

The Regional Comprehensive Economic Partnership agreement, signed last year among 15 Asia-Pacific countries including China and the 10 member states of ASEAN, is expected to accelerate free flow of goods and services across supply chains in the region and contribute to increased economic growth and assist with global economic recovery, experts said.

Wei Jianguo, vice-chairman of the Beijing-based China Center for International Economic Exchanges, said with the agreement coming into effect, the Asia-Pacific region will become an economic growth powerhouse for the whole world in five to 10 years, and Asia will gradually become home to the world's largest production, supply and consumption chains.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲狼人综合干 | 欧美图片激情小说 | 亚洲综合视频网 | 日本瑟瑟 | 8mav福利视频在线播放 | 国产日韩一区在线精品欧美玲 | 激情男女视频 | 爱高潮www亚洲精品 亚洲精品免费网站 | 精品亚洲一区二区三区 | 亚洲精品免费在线观看 | 国产综合视频 | 成人性生交A片免费网 | 亚洲www啪成人一区二区 | 久久这里只有精品视频9 | 一区二区三区国产在线 | 奇米影视8888| 国产欧美在线视频 | 99riav在线| 免费观看一级毛片 | 日韩精品久 | 狠狠色噜噜狠狠狠狠黑人 | 欧美成在人线a免费视频 | 激情插插插 | 奇米第四色在线 | 久久精品在这里 | 欧美一区二区在线视频 | 一级毛片播放 | 成人免费无毒在线观看网站 | 久久精品伊人网 | 中文字幕在线一区二区三区 | 美剧三体| 国产98在线传媒在线视频 | 日本黄色片一级片 | 国产乱码精品一区二区三区五月婷 | 亚洲永久 | 国产黄色网址在线观看 | 精品欧美在线观看 | 日韩欧美亚洲 | 日韩精品手机在线 | 91精品久久久久久久久久 | 精品国产第一国产综合精品gif |