Core Viewpoint - The signing of the China-ASEAN Free Trade Area 3.0 upgrade protocol marks a significant step in enhancing trade relations and cooperation between China and ASEAN countries, particularly in the context of global economic challenges [1][10]. Summary by Relevant Sections Upgrade Details - The 3.0 upgrade protocol covers nine major areas, including customs procedures, trade facilitation, standards and technical regulations, and sanitary and phytosanitary measures, along with new emerging fields such as digital economy, green economy, supply chain connectivity, competition and consumer protection, and support for small and medium enterprises [2]. Trade Growth and Market Dynamics - 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 five years. In Yiwu, a key trade hub, exports to ASEAN increased by 47.1% in the first three quarters of this year, highlighting the region's rapid growth as a major international market [3][10]. - Yiwu's cultural products sector has seen significant growth, with businesses reporting up to tenfold increases in sales after participating in ASEAN trade exhibitions [5]. Future Trade Relations - The upgrade protocol is expected to enhance traditional trade cooperation through tariff reductions and further opening of service trade, thereby strengthening trade ties and creating more opportunities [8]. - The protocol also introduces innovative elements such as digital and green economies, which are expected to provide a stable environment for ongoing industrial and economic cooperation [9]. Historical Context and Significance - The China-ASEAN Free Trade Area has evolved since its inception in 2002, with the latest upgrade protocol signed on October 28, 2023. The trade volume between China and ASEAN is projected to reach $982.3 billion in 2024, a 17-fold increase since the establishment of the trade area [10]. - The protocol's signing is seen as a response to global economic uncertainties, promoting bilateral cooperation and resource optimization in supply chains, which can serve as a model for other countries facing similar challenges [13].
中国—东盟自贸区3.0版升级议定书签署 有何影响?
Yang Shi Wang·2025-10-28 16:07