China-ASEAN free trade area early this year after initiation of the overall tax, strong growth in bilateral trade. 20, by the State Ministry of Commerce and the Chongqing Municipal Government sponsored "on ASEAN — investment and trade cooperation forum" held in Chongqing, according to the experts, in 2010, China and ASEAN bilateral trade is growing faster, this year the volume of bilateral trade is expected to reach $ 2500.
Vice President and head of the South-East Asia Guangxishehuikexueyuan Institute here that this year guxiaosong as of January 1, China-ASEAN free trade area is fully lowered taxes, greatly facilitating trade between China and ASEAN. January-April, China on the ASEAN import and export volume reached 870.8 billion, an increase of 45.6% export. Guxiaosong, 2010 China and ASEAN trade in goods will be 20% of annual growth, bilateral trade volume is expected to reach $ 2500.
The Ministry of international trade and economic cooperation, the Dean of the Hopi Foundation also said that currently, ASEAN has become China's third largest trading partner and China is ASEAN's third largest trading partner. China to promote mutual trade and investment growth, specifically the establishment of a 100 billion of "China-ASEAN investment cooperation fund" for Chinese enterprises to provide financial support for investment in ASEAN. At the same time, China also plans to provide to the ASEAN countries, 150 billion credit support.
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