国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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

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

元阳县| 高州市| 潮州市| 大足县| 安阳市| 永嘉县| 海兴县| 彩票| 柞水县| 新兴县| 龙泉市| 武清区| 万山特区| 恩平市| 阿拉善盟| 格尔木市| 武城县| 唐山市| 桃江县| 灵丘县| 巫溪县| 巴林左旗| 马龙县| 呼和浩特市| 赞皇县| 濮阳市| 中西区| 武城县| 洛川县| 曲沃县| 安阳市| 永仁县| 和平区| 青阳县| 湛江市| 中卫市| 阿拉善左旗| 常宁市| 墨玉县| 满城县| 灵璧县|