Enterprises’ International Expansion in China—ASEAN Free Trade Areas.docVIP

Enterprises’ International Expansion in China—ASEAN Free Trade Areas 　　Abstract. In 2010， China-ASEAN free trade was established. Our zone should grasp the opportunities， give full play to our region geographical advantages， and strengthen the China-ASEAN comprehensive opening-up and cooperation. This will accelerate the development of the North Gulf and the marine economy. Besides， the development of the cultural industry of our regions and the FTA promotes the economic growth. Key words： China-ASEAN， Free trade areas， expansion 1 Introduction China and all members of the ASEAN come to an agreement on the all-round economic cooperation in November 2002.This agreement has accelerated the process of building the free trade zone between China and the ASEAN. Since then， they have made many terms and made great progress. For example， they came to trade agreement on goods in November 2004， service in January and investment agreement in August 2009. The cooperation between China and the ASEAN faces the new situation. In the world-side environment， the economy is recovering from the depression. At the same time， the phenomenon of trade protectionism is increasing. Besides， the regional economic cooperation in Asia is making progress. Many countries join the Free Trade Area to improve their economy .The ASEAN is developing steadily and China will change the mode of economic growth. Both of them are going to do comprehensive cooperation in the future. 2 Achievements has got in the past 2.1 The tariff level declines continually and the trade in goods develops rapidly Since they came to an agreement on the all-round economic cooperation in 2002， the trade value has increased by 20% for six years continually between China and the ASEAN. Bilateral trade volume exceeded $200 billion in 2007.This is three years ahead of the planned target. The bilateral trade growth slowed down in 2008 due to the world financial crisis. Meanwhile， the bilateral trade valu