Core Insights - The 22nd China-ASEAN Expo and the China-ASEAN Business and Investment Summit will be held in Nanning, Guangxi from September 17 to 21, focusing on economic and trade cooperation between China and ASEAN countries [1] Trade Cooperation - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, while ASEAN has been China's largest trading partner for the past 5 years [2] - In 2024, bilateral trade with five ASEAN countries (Vietnam, Malaysia, Indonesia, Thailand, Singapore) is expected to exceed $100 billion, with trade with Vietnam and Malaysia already surpassing $200 billion [2] - From January to July this year, trade between China and ASEAN reached $597 billion, a year-on-year increase of 8.2%, accounting for 16.7% of China's total foreign trade during the same period [2] Investment Cooperation - By July 2025, cumulative bilateral investment between China and ASEAN is projected to exceed $450 billion, with Chinese enterprises completing engineering contracts in ASEAN worth $480 billion [2] - There is a significant focus on expanding cooperation in emerging fields such as digital economy, e-commerce, and green development [2] Industrial Integration - In response to unilateralism and protectionism affecting global supply chains, China and ASEAN are committed to multilateral cooperation to maintain the stability of regional supply chains [2] - There is closer collaboration in upstream and downstream supply chains, with several parks and connectivity projects progressing steadily [2] Regional Economic Integration - The negotiations for the China-ASEAN Free Trade Area 3.0 have been completed, establishing a comprehensive cooperation framework that includes both "hard connectivity" in digital infrastructure and "soft connectivity" in rules and standards [3] - The implementation of the Regional Comprehensive Economic Partnership (RCEP) is enhancing the level of trade and investment liberalization and facilitation in the region [3] Expo Highlights - The upcoming expo will emphasize economic cooperation and artificial intelligence, featuring high levels of AI, business, innovation, and investment [3] - Over 3,500 enterprises have been organized to participate in 99 exhibition projects in ASEAN, with a total exhibition area of nearly 44,000 square meters [3] - Domestic AI leading companies will showcase their latest products and solutions, collaborating with international partners in the fields of smart cities, smart manufacturing, and smart agriculture [3] Commitment to Trade Development - China and ASEAN's cooperation in trade has achieved remarkable results, becoming a highlight in global trade development [4] - China is committed to advancing high-level opening-up and enhancing the quality and efficiency of China-ASEAN trade [4]
中国连续16年成为东盟第一大贸易伙伴
Ren Min Ri Bao·2025-09-12 19:49