Chinese steel market in the ASEAN Association of Southeast Asian Nations to find
With the China – ASEAN Free Trade Area of the completion of the development of bilateral trade potential for complementary increasingly prominent and complementarity between China and ASEAN bilateral trade will greatly enrich the domestic market. ASEAN countries, high cost of steel production, capacity planning, China's steel exports to provide a broad market space. Meanwhile, China imported from ASEAN, crude oil, refined oil, plastic raw materials, natural rubber, iron ore and coal and other energy-based products, which can effectively solve the lack of Chinese production of raw materials and energy gap dilemma.
Surin said the ASEAN Secretary-General:
Association of Southeast Asian Nations in China
The development of the supply line
China – ASEAN Free Trade Area with the New Year bell ringing in 2010 formally established, it is the history of relations between China and ASEAN milestone in regional cooperation in Asia and the world has epoch-making significance.
The formal completion of the FTA, not only means that a has a population of 1.9 billion gross domestic product of almost 6 trillion trade volume reached 4.5 trillion U.S. dollars, by developing a free trade zone composed of eye-catching in the new year born also marks another China-ASEAN relations substantive upgrading of regional cooperation is mutually beneficial and win-win model.
Investment: Association of Southeast Asian Nations is the enterprises "going out" one of the preferred
China – ASEAN Expo Secretariat, the Secretary-General, the Secretary of Guangxi Zheng Junjian description Expo International Affairs, China – ASEAN Free Trade Area launched, China's average tariff on ASEAN from the previous 9.8% to 0.1%; while the old members of ASEAN 6 countries Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand, China's average tariff from 12.8% to 0.6%, 4 new members Vietnam, Laos, Cambodia and Myanmar, 90% of the goods will be zero tariffs by 2015 .
At present, China has become the third largest trading partner of ASEAN, and ASEAN has become China's fourth largest trading partner. And goods trade, China – ASEAN trade and investment development into the fast lane. ASEAN countries, Chinese enterprises "going out" one of choice. In 2008, China's direct investment in ASEAN countries reached 2.18 billion U.S. dollars, up 125% over the previous year.
ASEAN investment in China has maintained rapid growth momentum. Department of Commerce statistics show that as of the end of 2008, ASEAN countries 52 billion U.S. dollars investment to China, accounting for China attracted a total of 6%.
Asean Secretary-General: ASEAN hopes boost economic growth in China
ASEAN Secretary General Surin recent interview that China and the ASEAN economies are highly complementary, the FTA will benefit both sides. In addition, East Asia will become the locomotive of global economic recovery, the completion of the FTA will help the world economy out of crisis as soon as the haze.
Surin said that China has become one of ASEAN's major trading partners, hoping to drive economic growth in China's subsequent economic growth in ASEAN.
He said that China needs to import from the ASEAN market, a large number of parts and goods, ASEAN is now China's economic development in the supply line. January 1, after completion of a formal free trade area, ASEAN and China will further strengthen economic and trade cooperation, the two sides will further reduce trade tariffs, and mutual investment will be more free.
Surin said ASEAN hopes to attract more direct investment from China. In recent years, ASEAN to attract rapid growth of foreign investment, accounted for 10% of total investment around the world, including investments from China increased rapidly. In addition, China and ASEAN tourism market is also developing rapidly, the two sides to strengthen technical cooperation to enhance each other's strength and competitiveness. Overall, China and ASEAN cooperation in various areas are in simultaneous development progress.
He said that China now exports more to the Association of Southeast Asian Nations, ASEAN exports to China should be less. Association of Southeast Asian Nations hopes the two sides can reach a balance, only the balanced development of China and ASEAN can be truly comprehensive, equitable development opportunities.
Vietnam
Vietnam-China trade rose contrarian
Vice President of Vietnam Chamber of Commerce section of the exclusive interview with Victoria Jiang said that in recent years, Vietnam and China's increasingly close economic and trade cooperation, China – ASEAN Free Trade Area of completion will no doubt further promote the comprehensive development of Vietnam-China economic and trade cooperation.
DUAN Wei Jiang said that Vietnam and China have had good political and economic relations in recent years, China has been Vietnam's biggest trading partner. 2009, by the financial crisis, the global emergence of trade decline, Vietnam to the United States, Europe and Japan overall decline in the volume of trade, but the more the contrarian and the volume of bilateral trade, expected to reach 20 billion U.S. dollars.
Malaysia
Hope that the RMB to the ASEAN
Malaysia's Bank of China, General Manager and President of the Malaysian Chinese Enterprises Association in Kuala Lumpur recently, said Zheng Jingbo, China – ASEAN Free Trade Area was established in the two countries will promote rapid economic development.
Zheng Jingbo that the establishment of the FTA will provide RMB business to open up a wider world, because the RMB is a relatively stable currency, for the development and settlement of bilateral trade to provide a better cost control selection, this is Both sides look forward to what businesses in general. He said the yuan to trade in Southeast Asia and Malaysia will have a positive impact.
Singapore
Would like to make a bridge between China and ASEAN
Singapore Chinese Chamber of Commerce President Steven horse recent exclusive interview, said that ASEAN countries have different resources and industrial advantages in a powerful free trade area, driven, can play to maximize their respective advantages. If Singapore can take advantage of its geographical, environmental advantages and business investment market, to attract other ASEAN China to Singapore Zuo Wei Rang Qiye out of the door, Kuo Tai Ying Xiang Li's Bridge products.
Steven Ju said China and ASEAN countries natural resources, trade policy and investment environment are different, such as Singapore lacks natural resources, but in trade in services, and a very successful experience, so can China, Singapore and other countries in ASEAN transit trade, investment and other capital market operation and professional training services. Malaysia, Indonesia and other countries have rich natural resources, Singapore and China can try to use market channels to launch their own products.
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