When the global economic recovery is fragile, major economies trade friction heating, Asian regional economic integration is developing rapidly. Commenced the Vice Minister of Commerce, 8 pointed out that economic integration in Asia has become the most heat areas, Asia is the development of free trade relationship is preferable.
On that day to Beijing's "Asia free trade agreement commenced the Forum emphasized the importance of trade liberalization, calling for the trade protectionism will result in the end. He also pointed out that China, Japan, Korea, ASEAN, India and other Asia major economies are being formed between groups of interconnected free trade relations. Meanwhile, outside the State wishes to establish links with the Asian free trade, but China's participation in regional trade arrangements does not mean that the multilateral trading system will be discarded.
China is a regional economic integration of active participants. Data show that at the end of 2010, China and 27 countries and regions in the construction of 14 free trade area. This year's first nine months, and 10 free trade partner of the bilateral trade volume has reached 5213 billion, accounting for China's foreign trade 24 per cent of the total. "Through free trade zone, China's foreign trade of 20%-25% are already realizing trade liberalization. "Commenced the said.
To promote the Asian economic integration processes, commenced the proposed to gradually advance, available from easy to difficult, from small to large, from near and far. Path and are available from bilateral to area, from more than one final rolled up into one. China hopes the establishment of 10 + 1 on the basis of the free trade area, to promote the South Korea, Japan and South Korea free trade area, as soon as possible carry out 10 + 3 free trade area building, welcomes 10 + 6, the trans-Pacific strategic economic partnership agreements, cross-regional concept for free trade area building positive progress. China proposes regional trade arrangements for the mutual benefit and win-win for the objectives, in an inclusive and open.
This "Asian FTA Forum" by the Asian Development Bank, Asian Development Bank Institute, Boao Forum for Asia.
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