Core Points - The signing of the China-ASEAN Free Trade Area 3.0 agreement during the 47th ASEAN Summit on October 28 aims to enhance economic cooperation and support multilateral free trade amidst global uncertainties [1][2] - The 3.0 version introduces significant upgrades in nine areas, marking a shift from previous agreements and indicating a new phase in the development of the China-ASEAN Free Trade Area [1][3] Summary by Sections Trade Value Chain - The original goal of the China-ASEAN Free Trade Area was to eliminate all tariffs and non-tariff barriers on goods trade, achieving over 90% zero tariffs by 2010 [2] - The 2.0 version aimed for a bilateral trade volume of $1 trillion and mutual investment of $150 billion by 2020, focusing on further liberalizing goods trade [2] Supply Chain Connectivity - The 3.0 version emphasizes supply chain connectivity, addressing issues like the free flow of key products and services, infrastructure connectivity, and collaborative responses to supply chain disruptions [3] - It includes provisions related to digital economy, customs procedures, and trade facilitation, which are crucial for enhancing trade and economic growth [3] Emerging Topics - New areas of cooperation in the 3.0 version include digital economy and green economy, moving beyond traditional trade topics [4][5] - Digital economy provisions cover measures for seamless digital trade, data management, and cybersecurity, aiming to enhance participation of SMEs and address the digital divide [4] - Green economy initiatives focus on environmental products and services, promoting sustainable economic growth and regional energy transition [5][6] Institutional Level Enhancement - The 3.0 version introduces separate chapters on standards and regulations, competition, and consumer protection, reflecting the need for higher institutional standards in trade agreements [7] - It aims to unify standards and technical regulations while protecting consumers and promoting fair competition in the market [7]
刘均胜:中国—东盟自贸区进入新发展阶段
Jing Ji Ri Bao·2025-10-29 00:09