ASEAN and China's increasingly close economic and trade cooperation.

<P> ASEAN has become China's fourth largest trade partner and China is ASEAN's third largest trade partner. .Bilateral trade in 2001 to 416 billion USD 213 billion U.S. dollars in 2009, an increase of 4.1 times the average annual growth of 21.5%, higher than the same period China's foreign trade up 19.6% level is also higher than China and three major trading partners .average annual growth. .</ P> <P> ASEAN's rapid economic recovery </ P> <P> the U.S. subprime mortgage crisis triggered by the global financial crisis, ASEAN has a great impact on the economy in 2009, the ASEAN economic growth of 1.3%, significantly lower .4.5% in the previous year's level, but because countries in the region are taking an active policy to stimulate the economy and the ASEAN has signed the FTA positive effects, this year the economy has rebounded since the ASEAN, is expected to grow by 4.7% in 2010. .</ P> <P> Currently, there are many business opportunities in ASEAN, attracted world wide attention from investors, such as the 2010 ASEAN-China, India, full implementation of the FTA, the ASEAN foreign economic relations would be improved; hydropower in the Mekong region will be established .plant, while increasing the efficiency of the original power generation equipment; Asian Development Bank will assist the laying of gas pipeline project Indochina; Vietnam Hanoi to Ho Chi Minh City plans to build a high-speed railway. .</ P> <P> particular, the 2010 ASEAN-China, India, the full implementation of the FTA, the Japanese companies believe that this is their use of the advantages of the ASEAN, China and India to open up great opportunities. .Japanese companies early in the 80's, put Thailand and Malaysia as a key investment markets, has invested heavily in Thailand and Malaysia and has established a number of countries exporting to third countries the production base. .Now they want to play the role of these bases, and expand exports to China. .Japanese companies to expand use of the ASEAN economic and trade cooperation to India have high expectations, that compared with China, India, electronics and material industry concentration is not high, with great export potential. .</ P> <P> from the economic scale, ASEAN, although it can not be compared with China and India, but the huge domestic market of ASEAN can not ignore the ten countries of ASEAN population of about 5.8 million, after the completion of the ASEAN Community by 2015, will become Asia's only .inferior to Japan, China and India after the fourth-largest economy. .At the same time according to the calculation of Japan's Nomura Research Institute, in Asia, household disposable income levels in the 5000-35000 dollars can be called middle-income class, the ASEAN region in 2008 middle-income segments of the population about 1.9 million, so ASEAN has also become a .huge consumer market. .</ P> <P> the future development of the ASEAN region is very attractive, one of ASEAN among the geographically intermediate zone between China and India, but also in the East Asian Community concept of people as diverse as the core of Regional Economic Community .Therefore, many countries and regions have concluded a FTA with ASEAN relations; Second, both in the ASEAN region such as Indonesia, Malaysia, Vietnam and Myanmar, the resources and countries rich in labor markets, there are industry first in Thailand, but also .with Singapore as an international financial center, can constitute a diverse economy; third, the ASEAN regional proportion of young population, abundant labor market potential, such as the 2010-2020 period, 20 countries in the region around the age of the total youth population .nearly 50% of the proportion of the population, so the medium to long term, the labor market supply. .And with economic growth and income increases, the market will further expand, ASEAN will become a very attractive market. .</ P> <P> for the development of the large ASEAN market, Japanese companies will change to focus only on developed countries to date, the required high precision and advanced product development and sales strategies, and implementation of both high-income groups into account the needs of .in turn focus on middle-income sectors of the consumer goods required for the development and marketing strategies. .Of course, in this market will be from emerging countries and regions of intense competition. .</ P> <P> However, from the ASEAN as a whole look, although most countries is a current account surplus, but ASEAN's financial market is not mature, mainly with European and American financial markets, financial transactions, therefore, vulnerable to overseas financial market turmoil .effects. .To this end, ASEAN must revitalize its financial markets within the region, which will also help the ASEAN region to expand consumption and investment. .</ P> <P> economic and trade cooperation between ASEAN and China closer </ P> <P> ASEAN has become China's fourth largest trade partner and China is ASEAN's third largest trade partner. .Bilateral trade in 2001 to 416 billion USD 213 billion U.S. dollars in 2009, an increase of 4.1 times the average annual growth of 21.5%, higher than the same period China's foreign trade up 19.6% level is also higher than China and three major trading partners .average annual growth. .ASEAN exports from 184 billion U.S. dollars to 106.3 billion U.S. dollars, imports from 232 million U.S. dollars to 106.7 billion U.S. dollars, increased by 4.8 times and 3.6 times. .</ P> <P> mutual investment between China and ASEAN on the ASEAN and Chinese enterprises project contracting, labor cooperation, also launched extensively, and have achieved impressive results. .End of 2009, ASEAN enterprises in China more than 30,000 direct investment projects, amounting to more than 570 billion dollars, more foreign investment in China region. .End of 2008, Chinese enterprises investment in ASEAN reached 80 billion U.S. dollars, but also Chinese enterprises "going out" most of the region. .</ P> <P> economic and trade cooperation between China and the rapid development of the main reason is that in November 2002, China and ASEAN signed a free trade agreement, which is China has signed the first FTA, improve bilateral economic and trade cooperation .liberalization and facilitation level, effectively promoted the rapid development of economic and trade cooperation, even a serious impact in the international financial crisis in 2009, down 13.9% of China's foreign trade situation, with ASEAN trade has also declined by only 7.9%, and much higher .lower than the EU's major trading partners, the United States and Japan  -14.2  -10.6 the decline. .</ P> <P> 2003 had just been established in China and the ASEAN FTA, the bilateral trade volume was 78.3 billion U.S. dollars with China's largest trading partner - Japan's trade gap at 553 billion dollars, the gap reduced to 357 by 2008 .billion in 2009 and reduced to 15.9 billion, from January to April this year, the gap decreased to 15.7 billion U.S. dollars, a substantial gap between the present downward trend. .Expected, with China, ASEAN economic recovery, FTA gradually improve and the establishment of the 100 billion investment cooperation fund the implementation of the bilateral economic and trade cooperation will enter a new phase, one or two years after the ASEAN will surpass Japan to become China's third largest trading .partners. .</ P> <P> years, the smooth development of China-ASEAN FTA: First of all, the two sides for the FTA as soon as possible the interests of the establishment, formulated the "Early Harvest" program, decided since 1 January 2004 on 600 agricultural products from the drop .tax, in 2006 the old China and the ASEAN-6 countries will be reduced to zero tariffs on these products. .Vietnam, Laos, Myanmar and Cambodia 4 States 1 January 2010, will also have to cancel tariffs on early harvest products. .November 2004 signed "Agreement on Trade in Goods," 7,000 tariff items of tariff reduction. .July 2007 and signed the "Agreement on Trade in Services," the two sides in more than 60 service areas open their markets to promote the service trade. .August 2009 signed the "Investment Agreement", so that they invest more freedom and convenience. .January 1, 2010, formally established the China-ASEAN FTA, China's average tariffs from 9.8% to 0.1%, the old ASEAN 6 countries average tariff from 12.8% to 0.6%, 93% of the zero tariff products. .China-ASEAN FTA in the before and after completion, some ASEAN members fear that other countries will be the impact of its product markets, such worries are unnecessary, as early as when the two sides explore the establishment of FTA, we said the establishment of the first analysis of its FTA .advantages and disadvantages of relationship is understandable, but we must take into account the interests of other countries, otherwise it is impossible to establish FTA between the two. .After the completion of FTA also to protect and care for it, it is necessary to protect the domestic market but also to maintain market stability and prosperity of the other country, or a loss for both, the two sides showed no benefit. .Vietnam, Laos, Cambodia and Myanmar by 2015, four new ASEAN members of the 90% tariffs on Chinese products have zero goals. .</ P> <P> China-ASEAN FTA has a population of 1.9 billion, the land area of 1,400 square kilometers, 6 trillion gross domestic product, trade volume reached 4.5 trillion U.S. dollars, is the world's most populous and the largest land area .the FTA, is also the most potential FTA. .</ P>.