ASEAN Or China'S Third Largest Trading Partner

Benefit from China -

Xu Ningning introduced that between 1 and June this year, the volume of trade between China and ASEAN increased by 54.7%, while the average growth rate of China's foreign trade in the same period was 43.1%, the former being 12 percentage points higher than that of the latter.

In the first half of this year, China exported $64 billion 600 million to ASEAN, an increase of 45.4% over the same period last year. China imported 71 billion 900 million dollars from ASEAN, an increase of 64% and a deficit of 17 billion 300 million US dollars.

Xu Ningning said, "bilateral

According to him, the top five countries in the trade between China and ASEAN countries are Malaysia, Singapore, Thailand, Indonesia and Philippines, representing an increase of 67%, 37%, 54%, 65% and 52% respectively over the same period last year.

He said that in the first half of the year, the relevant provincial and municipal chambers of Commerce and industry held more than 30 "

The famous ASEAN business expert suggested that local governments and chambers of commerce should further enhance policy publicity and training on the free trade area, so that enterprises can make full use of the "zero tariff" policy; the national trade associations should speed up the docking with the ASEAN Chamber of Commerce and industry, and jointly explore the Division of labor and cooperation after the opening of the market, thereby reducing the concerns of some ASEAN trade associations on the impact of Chinese products on their industries.

In addition, he also suggested that Chinese enterprises should do a feasibility study before entering the ASEAN market, so as to improve the efficiency of trade or investment, avoid "detours", and respect local laws and regulations when investing in ASEAN.

China's departments and cultural, media and legal institutions should closely cooperate with each other and complement each other in promoting the construction of the free trade area.

In January 1st this year, the China ASEAN free trade area was completed. This marks the start of the largest free trade area between the world's third largest free trade area and developing countries.