Core Points - The 22nd China-ASEAN Expo and Business and Investment Summit has opened in Nanning, Guangxi, marking the evolution of the China-ASEAN Free Trade Area from 1.0 to 3.0, promoting deeper economic integration and mutual benefits [1][2] - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, with ASEAN being China's largest trading partner for 5 years [2] - In the first seven months of 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 [2] Economic and Trade Cooperation - The trade relationship between China and ASEAN countries has been strengthened through platforms like the Expo, with products such as Cambodian rice and Thai latex pillows entering the Chinese market [2] - Cumulative bilateral investment between China and ASEAN has exceeded $450 billion, with Chinese companies completing engineering contracts worth $480 billion in ASEAN [3] - The focus on digital economy, e-commerce, and green development has led to significant cooperation in emerging sectors [3] Supply Chain Integration - The cooperation has shifted from traditional trade to deeper integration of industrial and supply chains, with Chinese automotive companies actively investing in local production in ASEAN countries [4] - Chinese automotive brands are expanding their overseas production bases and sales networks through mergers, investments, and technology collaborations [4] Artificial Intelligence and Innovation - The Expo featured a dedicated AI pavilion showcasing various AI translation products, highlighting the importance of AI in production and daily life [6] - China and ASEAN are enhancing cooperation in AI, digital technology, green energy, and smart agriculture to achieve innovative and efficient development [6] Free Trade Area 3.0 - Negotiations for the China-ASEAN Free Trade Area 3.0 have been completed and a protocol is expected to be signed within the year, aiming to elevate economic cooperation, especially in e-commerce and digital trade [7]
国际观察|中国东盟经贸合作升级促进互利共赢
Xin Hua She·2025-09-19 03:22