Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Trade Ties with ASEAN to Be Strengthened
Adjust font size:

China will work more closely with the Association of Southeast Asian Nations (ASEAN) by setting up a free trade area and deepening its partnership in finance, infrastructure, information and communications, Foreign Minister Yang Jiechi said in Manila yesterday.


Foreign ministers of the 10 ASEAN members, as well as those from China, Japan and the Republic of Korea (ROK), are in the Philippines capital to attend the annual meeting of what is called ASEAN+3.


The meeting discussed issues of regional concern, including urging the Democratic People's Republic of Korea (DPRK) to give up its nuclear program, and cooperation in the East Asian region.


"The launch of the ASEAN+3 scheme has created a new channel for Southeast Asian countries' unity, cooperation and mutual benefit. It is useful as an experience, too, for regional cooperation in Asia," Yang said.


Despite the great achievements of the past decade, the region faces major challenges ahead, including correcting the unbalanced economic growth, tackling the threats to peace and stability and the need to enhance competitiveness, Yang said.


Countries in the region should "respect each other and shelve their differences to seek common ground".


At the start of the meeting, the foreign ministers stood in silence for two of the 23 abducted South Koreans killed by the Taliban in Afghanistan. They appealed, on humanitarian grounds, for the immediate and unconditional release of the 21 hostages.


Yang reached Manila on Monday to attend the 14th Asia Regional Forum (ARF), the region's largest security meeting, as well as a series of other talks with ASEAN members and their dialogue partners.


Yang met with his counterparts from the Philippines, Singapore and Australia yesterday.


US Secretary of State Condoleezza Rice didn't attend the ARF for the second time in three years because of "more important" engagements elsewhere.


"As a large country in Asia, China pays more attention to regional affairs, while as a global power, the US is distracted by many other concerns such as safety problems in Northeast Asia and the Middle East," director of Southeast Asian Studies of the China Institute of Contemporary International Relations Zhai Kun said.


He was responding to some foreign experts who have said Rice's absence could help China build ties and trust in Southeast Asia at the expense of the US.


"The cooperation between China and ASEAN is not exclusive, and it's not directed against or achieved at the expense of any country," Renmin University's professor of international relations Jin Canrong said.


Trade between China and ASEAN, expanding by nearly 40 percent a year, is likely to exceed $200 billion in 2008, two years before a free trade area is scheduled for.


(China Daily August 1, 2007)



Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- ASEAN FTA Deal 'on Track'
- Guangxi Looks to ASEAN Platform
- World Economic Forum on East Asia Opens in Singapore
- China-ASEAN Ties Hailed
Most Viewed >>
-Commercial banks allowed to access futures market
-WB cuts China's 2008 GDP growth to 9.6%
-Economic policy needs 'rethink'
-Coal reserves at China power plants up
-Macao's gaming market expands further

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号