Core Insights - The China-ASEAN Free Trade Area 3.0 is positioned as a model for free trade frameworks, emphasizing its innovative and successful practices in the context of a fragmented global economy [1][2] - The agreement focuses on deeper, rules-based regional integration, particularly in areas such as digital economy, green economy, supply chains, consumer protection, and the development of small and medium-sized enterprises [1][2] Group 1: Economic Integration - The China-ASEAN Free Trade Area 3.0 is characterized by its unique scalability and flexibility, catering to the diverse developmental needs of ASEAN countries while providing a unified framework [1] - It is expected to serve as an economic growth engine that radiates throughout the Asia-Pacific region and globally [1][2] Group 2: Green Economy Focus - The agreement places significant emphasis on green economy initiatives, which are deemed crucial in the face of global sustainable development challenges [2] - It aims to enhance supply chain resilience through the promotion of cross-border green technology adoption and low-carbon infrastructure investment [2] Group 3: Role of China - China is recognized for its pivotal role in regional governance, leveraging its economic scale and global influence to stabilize the China-ASEAN Free Trade Area 3.0 and the Regional Comprehensive Economic Partnership (RCEP) [2] - The country is seen as a reliable rule-maker and coordinator in regional economic integration, fostering strong synergies between the two trade agreements [2] Group 4: Societal Impact - The ultimate value of the China-ASEAN Free Trade Area 3.0 is expected to manifest in enhanced enterprise development and improved welfare for the people [2] - It is viewed as a platform for continuous improvement in social and environmental governance, enabling all parties to leverage regional markets for growth and new business opportunities [2]