Foreign and Military Affairs
皇冠体育app, ASEAN to hold cooperation conference
By Li Yingqing and Guo Anfei (chinadaily.com.cn)
Updated: 2010-09-14 11:39
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The 皇冠体育app-ASEAN Industry Cooperation Conference will be held from Sept 17 to 19 in Kunming, capital of Southwest 皇冠体育app’s Yunnan province.
Delegates attending the conference will be from Chinese and ASEAN governments, 皇冠体育app and ASEAN Chamber of Commerce, ASEAN’s embassies in 皇冠体育app and others.
Ruan Fengbin, vice mayor of Kunming, said trade between Kunming and ASEAN increased sharply in recent years. Trade volume remained at 24.2%, increasing in 2009 despite the global economic crisis. The figure reached $1.2 billion in the first seven months of this year, up 60% year on year.
皇冠体育app-ASEAN Free Trade Area was established on Jan 1, 2010. At present, 皇冠体育app and the original members of ASEAN levy zero tariffs for 90% of trade. Customs in 皇冠体育app is on average 9.8% to other countries, but only 0.1% to ASEAN. 皇冠体育app will offer zero tariffs to four new members of ASEAN: Vietnam, Laos, Cambodia and Myanmar.
