Free trade bears fruit

    By Jiang Wei (China Daily)
    Updated: 2008-01-07 14:28

      

    Jack fruit from Vietnam, rambutan from Thailand and durian from Malaysia.

    Chinese people are now familiar with finding these tropical fruits in local supermarkets. But most shoppers, particularly residents in northern China, had never heard of them - let alone tasted one - three decades ago. In fact, until 1993 fresh fruits accounted for just roughly 30 percent of China's annual fruit imports and were largely concentrated on bananas, apples and oranges.

    Changes emerged as Chinese decision-makers lived up to late leader Deng Xiaoping's expectation of "relying on both domestic and global resources and markets".

    China's fresh fruit imports have increased and diversified rapidly since the late 1990s as Chinese enterprises and consumers became increasingly inter-dependent with the rest of the world. Fruits from Southeast Asian neighbors have achieved greater access to the Chinese market since China signed the free trade agreement (FTA) with the ASEAN.

    Under the FTA framework signed in November 2002, nations involved must reduce tariffs and remove non-tariff barriers on trade of agricultural products and other goods, and lift limitations on market access for service trade (such as banking and telecommunications) and investment.

    China and ASEAN members signed agreements on the free trade of goods in November 2004. They began to take effect in July 2005, and will be completed in 2010 by China and the six ASEAN economies: Indonesia, Malaysia, the Philippines, Singapore, Thailand and Brunei; and in 2015 by the four ASEAN economies: Cambodia, Laos, Vietnam and Myanmar.

    "The agreement has largely benefited Chinese consumers - they now spend less on the same products while having multiple choices," says Zhang Kening, an official with department of international trade and economic affairs under the Ministry of Commerce.

    Take rambutan imported from ASEAN members, for example. Thanks to the removal of a 20 percent import tax, the price of rambutan in China has now dipped to 48 US cents from 55 US cents in 2004, while import volume jumped to 4,107 tons a year from 2,650 tons, according to the Ministry of Commerce.

    Trade of farm products is important but just part of the fast-growing bilateral trade. In the first 11 months of 2007, imports and exports between China and ASEAN reached $182.33 billion, an increase of 25.68 percent from the previous year, according to commerce ministry statistics. ASEAN and China are now each other's fourth largest trading partner.


    (For more biz stories, please visit Industry Updates)

       1 2   


    Related Stories  
    一区 二区 三区 中文字幕| 人妻无码中文字幕免费视频蜜桃| 久久人妻少妇嫩草AV无码专区 | av无码免费一区二区三区| 亚洲AV无码成H人在线观看| 欧美日韩国产中文字幕| 久久精品aⅴ无码中文字字幕不卡 久久精品无码一区二区WWW | 精品久久久久中文字幕一区| 国产精品午夜无码AV天美传媒| 人妻少妇精品中文字幕AV | 无码国内精品人妻少妇| 日韩成人无码中文字幕 | 亚洲精品中文字幕无码蜜桃| 97精品人妻系列无码人妻| 亚洲精品~无码抽插| 日韩人妻无码精品系列| 久久激情亚洲精品无码?V| 亚洲∧v久久久无码精品 | 最好看最新的中文字幕免费| 亚洲AV无码日韩AV无码导航| 亚洲中文字幕成人在线| 日本中文字幕一区二区有码在线| 亚洲高清中文字幕免费| 亚洲国产成人精品无码久久久久久综合| 中文字幕一区日韩在线视频| 在线免费中文字幕| 最好看2019高清中文字幕| 在线天堂中文在线资源网| 最近2019好看的中文字幕| 中文字幕在线免费| 日本欧美亚洲中文| 中文字幕日本精品一区二区三区 | 天堂а√在线中文在线最新版| 99在线精品国自产拍中文字幕| 亚洲中文字幕无码爆乳av中文| 亚洲一本大道无码av天堂| 亚洲中文字幕无码一区 | 亚洲AV无码专区日韩| 亚洲最大av无码网址| 亚洲中文字幕无码一久久区| 中文字幕一区二区精品区|