The Association Southeast Asian Nations (ASEAN)
China Free Trade Area (ACFTA) is the 3th biggest Free Trade Area in the world
The ASEAN China Free Trade Area (FTA) includes a market of 1.9 billion
people with a Combined
Gross domestic product (GDP) of 6 trillion USD and a total trade volume of 4.3
ASEAN China Free Trade Area (FTA) is the 3th biggest Free Trade Area in the world
- 1.9 billion population, 30% people in the world
- USD 2 trillion GDP, total trade 1.2 trillion USD
- foreign trade volume increase by 38.9% every year. Foreign trade volume: USD 105.9 billion
- Import and export will be
estimated to increase by 50%.
- 5 ASEAN countries are top 20 trade partners of the
People's Republic of China (PRC)
The Association of Southeast Asian Nations (ASEAN) and the People's Republic
of China had agreed to cooperate on: agriculture, information and communication technology
development, Development of the Mekong Basin, Foreign direct investment (FDI),
foreign trade, energy,
culture, public health, tourism and environment.
External trade and economic links between the Association of Southeast
Asian Nations (ASEAN) and the People's Republic of China have been growing
the past years, especially after the signing of the Framework Agreement on exhaustive Economic Cooperation in November 2002 to establish the ASEAN - China Free Trade Area (FTA).
The ASEAN China Free Trade Area (FTA) was completed in 2010 as near 97% of
products classified by
ASEAN-6 (Brunei Darussalam,
Malaysia, the Philippines, Singapore and
Thailand) and China in the Normal Track have been eliminated.
The CLMV countries of ASEAN (Cambodia,
Myanmar and Vietnam) will
the ASEAN China Free Trade Area (FTA) on 1 January 2015.
Example of the course ASEAN China FTA:
Example of the course ASEAN China Free Trade Area (FTA) (in Chinese 中国-东盟自贸区):
Master International Business MIB for Chinese students
: China's Free trade agreements
- Chinese economy - Customs of China - FDI in China - Beijing - Shanghai - Greater Pearl River Delta (GPRD) - Hong Kong