This year’s China-ASEAN Expo Forum will involve a number of emerging fields to promote the construction of version 3.0 of the China-ASEAN Free Trade Area.

CCTV News:On August 25th, the State Council established a new office in China — ASEAN Economic and Trade Cooperation and the 20th China — ASEAN Expo, China — A press conference was held on the ASEAN Business and Investment Summit. A reporter asked how this year’s China-ASEAN Expo will help the high-quality implementation of RCEP and China — ASEAN Free Trade Area Version 3.0 Construction?

Li Fei, Vice Minister of Commerce, said that the effective implementation of RCEP has provided new opportunities for trade and investment cooperation between China and ASEAN, and the policy dividend has been continuously released. China and ASEAN are vigorously promoting China — The ASEAN Free Trade Area 3.0 negotiations are committed to improving the openness of the two sides in the economic and trade fields and expanding mutually beneficial cooperation in emerging fields such as digital economy, green economy and supply chain interconnection.

This year’s Expo will focus on the frontier of economy and trade and issues of concern to the business circles of both sides. The forum will cover many emerging fields such as digital economy, green economy, supply chain interconnection, etc., with China — The key areas of the ASEAN Free Trade Area 3.0 negotiations are highly compatible, which is conducive to enhancing mutual understanding and recognition between China and ASEAN in emerging fields, and listening to the demands and suggestions of the business community for China — The construction of ASEAN Free Trade Area 3.0 injects new kinetic energy.

This year’s China-ASEAN Expo will also highlight the "four comprehensive upgrades", focus on doing a good job in the RCEP Business Summit Forum on Economic and Trade Cooperation, that is, comprehensively upgrading the high-level dialogue mechanism, comprehensively upgrading the economic and trade effectiveness, comprehensively upgrading the "Nanning Channel" and comprehensively upgrading the never-ending cooperation platform, organizing government, industry and academia representatives from various countries in the region to discuss the key areas of RCEP implementation, dig deep into the function of RCEP, and propose to establish the RCEP regional industrial chain supply chain cooperation alliance.