China Financial Daily

Next year, both China and ASEAN will be about 7 thousands of products to enjoy zero-tariff treatment
Yesterday, the Chinese Commerce Minister Chen Deming said in an interview, signing of the agreement sent to the outside world a clear signal that China and ASEAN countries would like to help each other and work together against financial crisis, continue to promote trade and investment liberalization and opposed protectionism in trade and investment, for regional and global economic recovery and make a significant contribution to development.

Chen Deming said the vast majority of products is a zero-tariff free trade area into a sign. From January 1 next year, China and ASEAN are about 7000 kinds of products will beϭʜ??؋?treatment, to achieve the liberalization of trade in goods.

Chen Deming said that since the establishment of a free trade area would allow the Chinese people can benefit from lower consumer prices. For example, China’s imports from ASEAN, durian, mangosteen, dragon fruit, rambutan and other fruits is expected to decline in price. On the other hand, the completion of a free trade area will be the choice of rich people.

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