Over the past 30 years, trade volume has increased 85 times, total investment has exceeded 310 billion US dollars, and more than 20 economic and trade cooperation zones have been established. Since the establishment of dialogue relations between China and ASEAN in 1991, China and ASEAN countries have witnessed increasingly close exchanges and remarkable achievements in bilateral economic and trade development. Data released by the General Administration of Customs shows that china-asean bilateral trade increased from us $8.36 billion in 1991 to US $685.28 billion in 2020, with an average annual growth rate of 16.5 percent. Experts point out that over the past 30 years, China-Asean relations have flourished, becoming the most successful and dynamic model of cooperation in the Asia-Pacific region and an important engine of prosperity and development in East Asia.


Trade expanded rapidly


Over the past 30 years, china-asean trade has undergone tremendous changes.

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Trade expanded rapidly. According to customs statistics, China-Asean bilateral trade grew from US $8.36 billion in 1991 to US $685.28 billion in 2020, with an average annual growth rate of 16.5 percent, 3.4 percentage points higher than the overall average annual growth rate of China's foreign trade in the same period. Of this, exports increased from US $4.45 billion to US $383.68 billion, with an average annual growth rate of 16.4%. Imports increased from US $3.91 billion to US $301.6 billion, with an average annual growth rate of 16.5%. In 2020, ASEAN became China's largest trading partner, and China has remained asean's largest trading partner for 12 consecutive years. In the first eight months, China's import and export to ASEAN amounted to us $553.92 billion, up 33.3%, accounting for 14.5% of China's total import and export value in the same period.


The mix of commodities has been constantly improved. In terms of exports, China exported 204.48 billion US dollars of mechanical and electrical products to ASEAN in 2020. During the same period, exports of textiles and clothing, steel, mobile phones, ships, furniture, fruits, automobiles and pharmaceuticals to ASEAN showed a good growth trend. In terms of imports, the import of agricultural products, rubber, petroleum, natural gas, coal and other primary and resource-based products from ASEAN has maintained rapid growth.


The China-Asean trade index in 2020 was 241.09 points, up 19.64 percent from 2019 and 141.09 percent from 2010, according to the first China-Asean trade index released by the General Administration of Customs on September 11. Of spokesman of news of the General Administration of Customs, director-general of the department of statistics and analysis Li Kuiwen is introduced, the index from trade, trade quality, potential closely, trade, energy, trade environment, such as five dimensions, established a scientific and reasonable, with characteristic of China and asean trade index system, based on the quantitative evaluation on the trade situation, intuitive display of bilateral trade development level and development prospects, It is a barometer and weathervane of bilateral trade development.


Tariff concessions help enterprises enjoy benefits


Recently, Guangxi Agricultural Reclamation Mingyang Biochemical Co., Ltd. imported starch from ASEAN in Qinzhou port customs clearance, with the submission of the Certificate of origin of china-asean Free Trade Area, the batch of goods concession tariff of more than 60,000 yuan. The head of the company's foreign trade business introduced that in the first seven months of this year, the company enjoyed preferential imports of about 200 million yuan and preferential tariffs of more than 20 million yuan from ASEAN.


Experts pointed out that since the establishment of the China-Asean Free Trade Area, China's customs has taken the lead in completing negotiations with ASEAN on upgrading rules of origin and implemented them smoothly. To comprehensively strengthen communication and cooperation with the customs of ASEAN countries, and actively promote the electronic networking of origin; We will continue to improve the domestic business environment and help import and export enterprises fully enjoy tariff reduction policies under the agreements. According to the General Administration of Customs, by the end of 2020, Chinese enterprises had enjoyed 3.3 trillion yuan in imported goods from CHINA-ASEAN Free Trade Area, with an average annual growth rate of 27%. More than 90 percent of goods between the two sides will enjoy zero-tariff treatment, totaling 314.9 billion yuan in tax concessions.


Under the incentive of preferential policy, enterprise confidence is more sufficient. Pricewaterhousecoopers (PWC) released a survey report on the Confidence and Prospect of China-Asean Economic and Trade Cooperation Enterprises at the China-Asean Expo on September 11, which showed that Chinese and ASEAN enterprises are generally optimistic about the future economic and trade cooperation between the two sides and have confidence and expectation to benefit from it. "It is expected that the two sides will continue to deepen cooperation in various fields in the future." "With the digital reform and development of enterprises, it will help promote stable development in the region and drive wider economic and trade exchanges around the world," said Joseph Wong, PWC global cross-border services China lead partner.

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Cross-border logistics has become more smooth


As belt and Road cooperation continues to take deeper and more concrete steps, smooth implementation of major infrastructure projects such as the China-Laos Railway, the Jakarta-Bandung High-speed Railway in Indonesia, the New Land-sea Trade corridor jointly built by China and New Zealand, and the China-India and China-Malaysia "Two Countries and Two Industrial Parks" has effectively improved connectivity between China and ASEAN countries and facilitated cross-border logistics on both sides.


According to customs data, at present, the western Lu Haixin trains for channel transportation route from chongqing to guangxi "new" in 2017 1 line direction of development for six normalized operation, operation frequency by 1 per week increased to more than 10 a day, has become the western region the goods out to the edge of main channel and the connection between China and asean region within the framework of the RCEP the fastest and most convenient channel.


Since the beginning of this year, 1,504 teU freight trains have been connected with the China-Europe freight trains on a regular basis, providing reliable transport support for the double circulation between China and the world and fully tapping the potential of Trade between China and ASEAN countries. According to customs statistics, in the first eight months of this year, the import and export of 14 provinces, autonomous regions and municipalities along the new western Land-Sea Corridor to ASEAN reached US $81.22 billion, up 28.7%, driving up China's import and export to ASEAN by 4.4 percentage points.


Ren Hongbin, vice minister of Commerce, said That China is willing to further enhance the synergy of development strategies with ASEAN, promote high-quality belt and Road cooperation, deepen connectivity and jointly push bilateral economic and trade partnership to a new and higher level.