China And ASEAN Have Strong Trade Complementarity &Nbsp; Zero Tariff Protection Areas.

　　 Abstract: in August 25th, at the first China ASEAN industry cooperation conference press conference, sun Yuan Jiang, deputy director of the Department of international affairs of the Ministry of Commerce, told reporters in an economic reference daily that China and ASEAN are trying to explore complementary factors in these competitive industries and create new industrial chains.

Xu Ningning, the standing secretary of the China ASEAN Business Council, told the economic reference daily at the press conference: "through industry chain Integration will enhance the competitiveness of China ASEAN Free Trade Area Regional products in the international market.

In August 25th, in the first China - ASEAN industry At the news conference of the cooperation conference, Sun Yuanjiang, deputy director of the Department of international affairs of the Ministry of Commerce, told reporters in an economic reference daily that China and ASEAN are trying to explore complementary factors in these competitive industries and create new industrial chains.

Sun Yuanjiang said that trade between China and ASEAN was strong, but in some areas, such as textile industry, there was a certain degree of competition. Before China entered the era of "zero tariff", the two sides were worried about the white hot competition in these areas. But at present, the two sides are gradually forming a new mode of industrial chain cooperation.

Xu Ningning, the standing secretary of the China ASEAN Business Council, told the economic reference daily at the press conference: "through the integration of the industrial chain, the competitiveness of China ASEAN Free Trade Area products in the international market will be enhanced."

It is reported that between 1 and July this year, China ASEAN bilateral Trade The amount of US $161 billion, an increase of 50% over the same period last year, is 9 percentage points higher than the growth rate of China's foreign trade. Among them, China imports more than 800 billion dollars to ASEAN, exports more than 700 billion US dollars, and has a small trade deficit. The growth of investment between both sides is also larger. In the first half of this year, China's investment in ASEAN increased to $1 billion 200 million, an increase of 126% over the previous year, while China's investment in the US increased to 600 million US dollars in the same period. China's investment in ASEAN exceeded that of the US.

The tariff reduction policy in the China ASEAN free trade area is very beneficial to Chinese enterprises. According to our statistics, the cost of imports saved by Chinese enterprises in the past year due to tariff reductions is about 6 billion 100 million yuan. Sun Yuanjiang said.

But Sun Yuanjiang also pointed out that the tax reduction in the FTA is a gradual process. At present, the utilization rate of China's preferential policies for FTA is not very high. Xu Ningning also said that many enterprises do not even know the existence of China ASEAN Free Trade Area, or only know the zero tariff policy, but do not know the policy of free trade zone to open investment market and service trade market mutually.

A survey conducted by a team led by director of the Department of international studies of the Academy of Social Sciences showed that only 10% of the enterprises took advantage of the preferential policies of the free trade area to reduce costs and expand exports.

Now, more and more Chinese enterprises want to invest in ASEAN, and some new situations and changes have also appeared in the China ASEAN Free Trade Area. In the past, China and ASEAN markets were cut by tariffs. Now, ASEAN has zero tariff on about 91.5% of China's products, and China's 90% of ASEAN's products are zero tariff. Xu Ningning said, but trade liberalization does not mean that there is no obstacle to cooperation between the two sides. Zero tariff means that industries protected by tariff will be impacted in the past.

Xu Ningning further pointed out that Chinese enterprises still face some obstacles to invest in ASEAN. The 10 member countries of ASEAN are different. The political and economic system, resource endowment, market maturity and economic development level are all different. The obstacles encountered by Chinese enterprises in investing are also different. To sum up, the four new member states of ASEAN are not transparent enough or even changeable in policy. The efficiency of the relevant departments is not high and the investment environment needs to be improved.