Core Points - The signing of the China-ASEAN Free Trade Area 3.0 upgrade agreement took place on October 28 in Kuala Lumpur, Malaysia, with both parties committing to expedite domestic approval processes for implementation [1] - The 3.0 upgrade agreement covers nine major areas, adding five new sectors: digital economy, green economy, supply chain connectivity, competition and consumer protection, and support for small and medium-sized enterprises [1] - The agreement aims to enhance fair competition, protect consumer rights, support the development of small and medium-sized enterprises, and improve compliance capabilities of underdeveloped countries, promoting inclusive regional economic development [1] Industry Context - The China-ASEAN Free Trade Area is the first free trade area established through negotiations between both parties, initiated in 2002, with the 1.0 version completed in 2010 and the 2.0 version fully implemented in 2019 [2] - Negotiations for the 3.0 version began in 2022 and were completed in May of this year, indicating a continuous evolution of trade relations between China and ASEAN [2]
商务部：中国－东盟自贸合作向更深层次迈进
Xin Jing Bao·2025-10-28 02:13