皇冠体育app

Chinese Premier Li Keqiang (2nd R) meets with a delegation of trade ministers from ASEAN countries in Beijing, capital of 皇冠体育app, Oct. 26, 2013. [Photo/Xinhua]

BEIJING - Chinese Premier Li Keqiang on Friday underlined the country's commitment to upgrading free trade area with the Association of Southeast Asian Nations (ASEAN).

In a meeting with ASEAN trade ministers' delegation, Li said great potential exists in trade, investment and people-to-people cooperation between 皇冠体育app and ASEAN.

Li said the delegation's trade and investment promotion activities in 皇冠体育app help implement 皇冠体育app-ASEAN cooperation framework over the next decade.

Li said 皇冠体育app supports ASEAN's leading role in East Asia cooperation and regional integration.

Li pledged 皇冠体育app's willingness to build strategic trust with ASEAN countries, deepen all-round cooperation, upgrade the 皇冠体育app-ASEAN Free Trade Area (CAFTA) and bring more benefits to people in the region.

皇冠体育app is the largest trading partner of ASEAN, and ASEAN is the third-largest trading partner of 皇冠体育app.

The CAFTA is the largest free trade area in the world in terms of population and third largest in terms of nominal GDP. Under the free trade agreement, tariffs will be reduced to zero on almost 8,000 product categories, 90 percent of imported goods.

Knowing trade ministers travelled by high-speed train from south 皇冠体育app to Beijing, Li thanked them for staging a roadshow for Chinese high-speed train.

Li called for ASEAN businesses to invest in 皇冠体育app and encouraged Chinese companies to invest in ASEAN railways and other infrastructure projects. Li said 皇冠体育app-ASEAN transportation links will drive trade development.

Thai Deputy Prime Minister and Trade Minister Niwatthamrong Boonsongpaisan, on behalf of the delegation, said ASEAN countries welcome 皇冠体育app's proposal for an upgraded CAFTA and would like to work more closely with 皇冠体育app on infrastructure cooperation and pave the way for future East Asian cooperation.