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10th China-ASEAN Expo kicks off in Nanning
Source:Globaltimes.cn Published: 2013-9-3 16:47:00
| Background |
| ASEAN, or the Association of Southeast Asian Nations, was set up in 1967. It now comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. As the top trading partner of ASEAN, China initiated the China-ASEAN Expo or (CAEXOP) in 2003 and promoted it to an annual event. 2013 marks its 10th anniversary, both China and ASEAN countries have embraced great achievements during the past decade. |
| Latest News |
| 10th China-ASEAN Expo ready to go | Opening ceremony of 10th China-ASEAN Expo |
Chinese premier Li Keqiang said, "We will upgrade our policies and services for trade and investment between China and ASEAN countries. The two sides will further expand the content of the China-ASEAN Free Trade Agreement. We will reduce tariffs and start a new round of negotiations for service trade. We will also simplify entrance policies for enterprises from ASEAN countries to conduct investment China. Meanwhile, China aims to sign a long-term trade agreement with ASEAN countries for the trade of agricultural products. By 2020, we will expand bilateral trade to one trillion US dollars, and increase two-way investment by 150 billion US dollars. " | |
China, ASEAN can build "diamond decade": Premier Li China and member countries of the Association of Southeast Asian Nations (ASEAN) have the ability to build a "diamond decade," Chinese Premier Li Keqiang said at the opening ceremony of the tenth China-ASEAN Expo. China to enhance strategic cooperation with ASEAN: Chinese premier Chinese Premier Li Keqiang on Monday vowed to further beef up strategic cooperation with the Association of Southeast Asian Nations (ASEAN). | |
| Basic Facts |
 China is now the biggest trade partner of ASEAN | |
| ASEAN is the third largest partner of China | |
| 2,400 enterprises | |
| 4,600 international booths | |
| China-ASEAN bilateral trade: $55 billion (2002) to $400 billion (2012) |
| China-ASEAN Ties |
| Chinese premier meets Myanmar president on ties Chinese Premier Li Keqiang met with Myanmar President U Thein Sein Monday in Nanning on the sidelines of the 10th ASEAN-China Expo, which is set to run from September 3-6 in Nanning, capital of south China's Guangxi Zhuang Autonomous Region. |
| Chinese premier hopes Thailand to facilitate China-ASEAN ties Chinese Premier Li Keqiang on Monday called on Thailand to play a positive role in boosting China-ASEAN ties. |
| China, Cambodia vow to advance ties Chinese Premier Li Keqiang met with Cambodian Prime Minister Hun Sen Monday in Nanning, vowing to further promote their bilateral strategic partnership. |
| Chinese premier meets Laos PM Chinese Premier Li Keqiang met with Laos Prime Minister Thongsing Thammavong Monday in Nanning, pledging to enrich the content of their all-round strategic partnership of cooperation. |
| China calls for expanding continental, maritime cooperation with Vietnam Chinese Premier Li Keqiang said on Monday that China is ready to work with Vietnam to expand continental and maritime cooperation. |
| China-ASEAN FTA |
| Backgrounder: The ASEAN-China Free Trade Area (ACFTA), also known as the CAFTA, is a free trade area among the ten ASEAN member states and China. The ACFTA is the largest free trade area in terms of population and third largest in terms of nominal GDP, trailing the European Economic Area and North American Free Trade Area. |
China, ASEAN to upgrade economic cooperation: Premier Li Premier Li Keqiang on Tuesday called for an "upgraded version" of the free trade area (FTA) between China and the Association of Southeast Asian Nations (ASEAN), pledging economic and trade cooperation of "a greater scope and higher quality." China, ASEAN to upgrade FTA, solve disputes China and the Association of Southeast Asian Nations (ASEAN) on Thursday agreed to upgrade their free trade area (FTA) and to solve territorial disputes. Singapore FM says all ASEAN members supportive of upgrading China-ASEAN FTA Singapore's Foreign Minister K Shanmugam has said that all the ten members of the Association of Southeast Asian Nations (ASEAN) are supportive of enhancing the free trade agreement between China and the ten-nation bloc, local daily Lianhe Zaobao reported on Friday. ASEAN welcomes China's proposal on building upgraded version of ACFTA Econimic Ministers from the 10 ASEAN members have noted with appreciation with China' s proposal on building an upgraded version of the ASEAN-China Free Trade Area (ACFTA), saying that ASEAN "welcomed the intent for the overall enhancement of the ACFTA." |
| Comments |
Xinhua News Agency
China is adapting to new circumstances by rapidly changing its mode of economic development and other strategic adjustments that will serve as the driving force of sustainable development. With advances in bilateral cooperation in various fields and improved coordination, China is working to prevent economic crisis from breaking out at home, which will in turn benefit all ASEAN countries, the Xinhua News Agency commented on September 2.
The development of China-ASEAN relationship and regional peace and stability depends on whether mutual trust can be established,” Deng Yingwen, the director of the Institute of Southeast Asian Studies at Jinan University, told the Xinhua News Agency on August 31.
Deng said that over the next 10 years, mutual trust involving politics, economics and trade cooperation, as well as cultural and educational exchange between China and ASEAN countries, will all play a large role in promoting regional peace and stability, while serving as an engine for global economic growth.
China.com.cn
China and ASEAN countries can not only become better neighbors, but also partners that complement each other’s strengths to achieve common goals through mutual cooperation, China.com.cn commented on September 3.
China and ASEAN are not only important strategic partners for Southeast Asian development, but also pillars of regional stability and prosperity. As emerging market nations face new challenges on the road to global economic recovery, China and ASEAN must build stronger and more strategic bridges to achieve their common goals.
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| News Vocab |
博览会 bólǎnhuì
“博览” v. read extensively/widely（Source: 《新世纪汉英大词典》）
“会” n. meeting; gathering; party; get-together; conference（Source: 《新世纪汉英大词典》）
“博览会” n. fair; exhibition; exposition; expo（Source: 《新世纪汉英大词典》）
Example:
第十届中国—东盟博览会，中国—东盟商务与投资峰会开幕大会于9月3日在广西南宁举行。 （Source: 中国新闻网）
The opening ceremonies for the tenth China-ASEAN Expo and the China-ASEAN Business and Investment Summit were held in Nanning, Guangxi Zhuang Automonous Region on September 3.
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