In 2021, China and ASEAN (Association of Southeast Asian Nations) will establish closer economic ties through continuously developing trade relations and strengthened industrial cooperation. It is expected that ASEAN's share in China's foreign trade will continue to increase in 2021, and two-way investment will also increase.

Xu Ningning, executive chairman of the China-ASEAN Trade Council, said: “Under the Belt and Road Initiative, the regional comprehensive economic partnership agreement and the framework of the China-ASEAN Free Trade Area will develop in a healthy and orderly manner under supporting policies.”

This supportive policy will also create favorable conditions for industrial cooperation between China and the ASEAN member states, which is crucial to the economic development of both parties, especially because cooperation will help to form complementary industrial advantages in the region with different countries New industrial chain and improve global competitiveness. "

The two sides focused on priority areas of cooperation, closely linked to trade development and industrial cooperation, and enhanced mutual understanding and friendship between the two peoples. Editor/Tian Zengpeng