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Chinese premier Li Qiang met with Singapore’s Acting President Eddie Teo to launch plans for China-ASEAN Free Trade Area 3.0, aiming for innovation, sustainable growth, and shared prosperity.
At CAEXPO in Nanning, AI and the upgraded China-ASEAN Free Trade Agreement 3.0 take center stage, deepening digital, green and supply chain ties and driving record trade volumes.
Ahead of the 22nd China-ASEAN Expo in Nanning, China marks 16 years as ASEAN’s largest trading partner, with bilateral trade accounting for 16.7% of mainland’s foreign trade.
Despite headlines warning of an “export shock”, trade data shows that the Chinese mainland’s exports are boosting Southeast Asia’s manufacturing, infrastructure, and jobs.
Thai Prime Minister Paetongtarn Shinawatra begins a five-day Beijing visit focused on tech collaboration, green energy, and cross-cultural exchanges between Thailand and China.
China’s foreign trade surged 8.7% in the first two months of the year, surpassing predictions. Strong sectors include electric vehicles and ASEAN markets, though challenges loom in Europe.