What are the pretexts for trade on the border between China and Southeast Asia 10

China's complementarity** cooperation with East and Southeast Asian economies will be further strengthened.

90% of China's foreign trade transactions with the Asian region occur with East Asia and Southeast Asia, and the markets for goods provided by each other are constantly expanding, among which China's largest export partners are Japan, Hong Kong and South Korea, and the largest import partners are Japan, Taiwan Province, South Korea and Hong Kong. China's exports to ASEAN account for about 13% of exports to Asia, and imports from ASEAN account for about 16%. Intra-regional complementarity** growth in East and Southeast Asia has relatively reduced the dependence of Asian economies on Western markets.

China and ASEAN have strengthened economic exchanges and cooperation.

The vigorous development of economic cooperation in the Asian subregion in recent years has laid a solid foundation for economic cooperation among Asian countries. The ASEAN Free Zones** were officially implemented on 1 January 2002, and from 1 January 2002, import tariffs between the six old member states have been reduced to 0%-5%. 4 new members can enjoy a longer transition period.

The leaders of ASEAN countries promised that the goal of the free zone is to achieve the zero tariff policy in the region, and the specific implementation timetable is to achieve zero tariff on all imports of 6 old members in 2010, and 4 new members to implement the zero tariff policy in 2015. In November 2001, the leaders of China and the 10 ASEAN countries reached a consensus on the establishment of the China-ASEAN Free Zone within the next 10 years. Since April 2002, the two sides have been negotiating the establishment of a free zone, which is planned to be completed by 2011 at the latest.

The 10+3 mechanism between ASEAN and China, Japan and South Korea will also further promote the establishment of the East Asian Free Zone, which has made a good start for the economic cooperation of Asian countries. This means that Asia will become the world's largest free zone**, thereby promoting the prosperity and development of the entire East Asian region.

Asian countries share similar historical backgrounds and common interests, and although there are some competing aspects among the economies of neighbouring countries, complementary aspects are fundamental. China's accession to the WTO has provided more market access opportunities for Asian partners, and an open China will become a potentially huge market for Asian countries. China will develop various forms of bilateral and multilateral economic and trade cooperation with Asian countries on the basis of equality and mutual benefit, and create a win-win situation on the basis of complementarity, equality and reciprocity.

More than 60% of China's foreign investment comes from Asia, of which FDI from Hong Kong accounts for about 40% of the total inflows, and FDI from East and Southeast Asian economies accounts for more than 60% of the total inflows from Asia.