Chinadaily.com.cn
     
    Go Adv Search

    ASEAN, China to become top trade partners

    Updated: 2012-04-20 09:48

    By Bao Chang (China Daily)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    ASEAN, China to become top trade partners

    The members of the Association of Southeast Asian Nations will together become China's top trading partners within the next three years, a trade organization predicted on Wednesday.

    During that time, trade between China and the association, also known as ASEAN, will increase at a faster rate than that between any two other major economies, said the China Council for the Promotion of International Trade.

    "Thanks to zero tariffs, preferential trade policies and geographic advantages, both the increasing speed and scale of that trade will be in the forefront globally and ASEAN will become China's No 1 trading partner by 2015," Zhang Wei, vice-chairman of the trade organization, told China Daily during the Sixth Chinese Enterprises Outbound Investment Conference held by the council.

    Driven by soaring market demand, the value of trade between China and ASEAN countries is expected to exceed the goal of $500 billion by 2015, Zhang said.

    ASEAN is made up of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

    China has a free trade agreement with ASEAN. Taking effect in January 2010, it established the third-largest free trade area in the world, just behind the European Union and the North American Free Trade Area.

    Xu Ningning, executive deputy secretary-general of the China-ASEAN Business Council, said the free trade agreement has greatly benefited ASEAN.

    Last year, ASEAN overtook Japan to become China's third-largest trading partner, having $362.3 billion in trade with the country, up 24 percent from a year earlier.

    China had $446.6 billion in trade with the United States in 2011 and $567.2 billion with the EU in the same year.

    China's trade is increasing rapidly with emerging economies at a time that it is slowing down with developed countries.

    Data from the Ministry of Commerce show that the value of trade between China and the EU increased by 2.6 percent year-on-year in the first quarter of 2012, and trade with Japan declined by 1.6 percent in the same period. Trade between China and ASEAN increased by 9.2 percent in the first quarter.

    "China's trade with ASEAN will increase faster than with the US and EU, and ASEAN is likely to become China's largest trading partner in the coming years," said He Weiwen, co-director at the China-US-EU Study Center at the China Association of International Trade.

    He attributed the trade momentum between China and ASEAN to the country's increasing imports from the Southeast Asian bloc.

    Zhang of CCPIT said the Chinese market has a strong demand for farm produce, mechanical processing and marine products, and those make up the bulk of ASEAN's exports to China.

    China, the world's largest exporter and the second-biggest importer, plans to rely less on exports in coming years, and to drive its economy by encouraging its population to buy more.

    The ministry said China will encourage importers to buy more from countries that have free trade agreements with China, such as Pakistan, New Zealand and ASEAN members.

    Premier Wen Jiabao has vowed to import more from ASEAN.

    "China would like to further expand imports from ASEAN and we hope enterprises from ASEAN members can gain a greater market share through the newly established Sino-ASEAN Goods Trade Center," Wen said during the China-ASEAN Business & Investment Summit in October.

    He Weiwen, from the China Association of International Trade, said the country should develop its trade with neighboring countries while maintaining stable growth in trade with the US and EU.

    During a visit to China, Thai Prime Minister Yingluck Shinawatra praised China's role in the ASEAN economy.

    "China is an engine of economic growth that can help spur the development of the entire region," Yingluck said.

    baochang@chinadaily.com.cn

    无码精品A∨在线观看免费| 久久久久久久久无码精品亚洲日韩 | 亚洲精品无码永久在线观看| 最近最新中文字幕视频| 天堂在线最新版资源www中文| 亚洲av日韩av无码黑人| 日本中文字幕在线电影| 天堂а在线中文在线新版| 久久久久久人妻无码| 亚洲va中文字幕无码久久 | 久久亚洲中文字幕精品一区四| 日无码在线观看| gogo少妇无码肉肉视频| 日韩精品无码一本二本三本| 亚洲日韩精品一区二区三区无码 | 日韩精品无码人成视频手机 | 亚洲色无码播放| 久久精品中文騷妇女内射| 亚洲成a人无码av波多野按摩| 国产精品久久久久无码av| 亚洲AV无码久久寂寞少妇| 国产成人无码av| 中文字幕无码不卡在线| 日韩欧美中文字幕一字不卡| 中文字幕本一道先锋影音| 无码精品日韩中文字幕| 日本三级在线中文字幕在线|中文| 中文有码vs无码人妻| 中文字幕色婷婷在线视频| 中文字幕 亚洲 有码 在线| 综合国产在线观看无码| 天堂在线资源中文在线8| 色婷婷综合久久久中文字幕| 日韩乱码人妻无码系列中文字幕| 亚洲最大激情中文字幕| 亚洲制服中文字幕第一区| 亚洲va中文字幕无码| 免费无码H肉动漫在线观看麻豆| 97无码人妻福利免费公开在线视频 | 最近高清中文字幕无吗免费看| 婷婷五月六月激情综合色中文字幕|