🌐 Despite a slow global economy, the China-ASEAN trade partnership is thriving! From January to July 2025, trade volume soared to $597 billion, up 8.2% year-on-year and accounting for 16.7% of China’s total foreign trade.🎯
For the fifth year running, ASEAN is China’s top trading partner, while China has held the #1 spot for ASEAN trade for 16 years straight. This dynamic duo is flexing its muscles thanks to the upgraded China-ASEAN Free Trade Area (FTA), making cross-border business smoother and more cost-effective.🤝
So, what’s behind the magic? The enhanced FTA slashed tariffs and streamlined customs procedures—imagine a premium express lane in your favorite shopping app that speeds up delivery and cuts fees. That’s the kind of convenience regional businesses are enjoying today.🚀
Young entrepreneurs from Manila’s e-commerce startups to Ho Chi Minh City’s green-tech innovators are already cashing in. Whether it’s TikTok-style livestream commerce, electric mobility projects, or digital service platforms, stronger ties mean more joint ventures, more jobs, and products that vibe with our diverse cultures.🌿📱
Looking forward, China and ASEAN are setting their sights on emerging fields like renewable energy, digital finance, and sustainable agriculture to build a resilient, future-ready economy. With this momentum, the region is on track to redefine global trade in the 21st century.🌏✨
Reference(s):
cgtn.com
