和评理｜中国—东盟自贸区再升级：开放包容，合作共赢促繁荣

Core Points - The China-ASEAN Free Trade Area (CAFTA) is one of the largest free trade zones globally, covering over 2 billion people and a combined GDP exceeding $22 trillion, significantly facilitating trade and investment since its establishment in 2010 [4][5] - The completion of the CAFTA 3.0 negotiations, which began in November 2022 and involved nine rounds, is seen as a landmark achievement in promoting free trade and regional economic integration [5][6][9] - The upgraded CAFTA includes nine new chapters focusing on digital economy, green economy, supply chain connectivity, and other emerging sectors, aiming to lower trade barriers and enhance cross-border commerce [5][6][12] Trade and Economic Integration - The CAFTA 3.0 aims to expand tariff reductions to cover more goods and services, thereby promoting cooperation in sectors like e-commerce and green technologies, aligning with global development goals [5][12] - The agreement strengthens regional supply chains, particularly in critical industries such as semiconductors and pharmaceuticals, ensuring stability amid global uncertainties [5][8] - The negotiations reflect a commitment to regional self-reliance and deeper supply chain integration, countering external attempts to create divisions [6][8] Global Trade Context - The CAFTA 3.0 serves as a demonstration of commitment to economic globalization and multilateralism, positioning China and ASEAN as each other's largest trading partners [9][10] - The successful conclusion of the negotiations is expected to provide a framework for post-pandemic recovery through increased market access and investment flows [5][12] - The agreement is anticipated to enhance the region's ability to respond to geopolitical risks, injecting greater certainty into the economic landscape [8][9]