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China signed two agreements under the ASEAN's Free Treaty Zone framework ahead of the opening of the 15th China-ASEAN summit on Monday, in Phnom Penh, Cambodia. The move reflects the concrete cooperation among China and participating countries to strengthen regional economic integration.

Chinese Premier Wen Jiabao (2nd L) attends a summit between the Association of Southeast Asian Nations (ASEAN) and China, Japan and South Korea (10+3) in Phnom Penh, Cambodia, Nov. 19, 2012. The summit coincided with the 15th anniversary of ASEAN Plus Three (APT) cooperation. [Xinhua]

The agreements will facilitate China and ten member countries to achieve a comprehensive, high-quality and mutually beneficial economic partnership. Moreover, China will also hold a negotiation for the establishment of the world's biggest free trade zone with ASEAN members on Tuesday. The FTZ aims to attain a 500 billion dollar trade volume by 2015.

Chen Jian, Vice Minister of Commerce, said, "A rapidly developing ASEAN needs a stable and prosperous market. At the same time, China's economic growth has been at a double-digital speed during the past ten years. China will well meet the needs of ASEAN. "

Ros Chantvabot, Advisor of Cambodian PM, said, "The economic policies of China, especially those of supporting finance and technology sectors, are to the advantage of ASEAN countries. These policies will help us better integrate into the regional economic and trade activities and share benefits in return."

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