East asia free trade zone feasibility study will start
assistant commerce Invicta Watch minister yi xiaozhun 23, xinhua said in an interview, including the establishment of a china, japan, south korea and the asean members of the east asian free trade zone is conducive to the development of the region's economic development space and speed up the development of mutually beneficial and win-win goal. china and the countries concerned in this regard will soon launch a feasibility study.yi xiaozhun said that east asia is the world's fastest economic development and also the most dynamic region. according to 2003 statistics, the major east asian countries and regions in china, hong kong, taiwan, japan, korea and asean's gross domestic product (gdp) to total 7.7 trillion u.s. dollars, the total gdp of the world's 21.2 percent, imports reached market size 1.69 trillion u.s. dollars, in the world's total of 21.8 percent. of particular note is that the economies in the area of trade between the rapid growth in 2003 has reached 918.02 billion u.s. dollars, accounting for the region's total export volume of 54.5% over 10 years ago, this proportion increased by 10%.
he said: this fully Bvlgari Watches shows that the east asian region has been the objective of promoting economic integration with a good basis. overall, china, japan, korea and asean members are important export market and investment, economic dependence on continuously improve, and cooperation has great potential.
november 29 last year, china and asean signed the china - asean free trade zone goods trade agreement. the signing of the agreement, indicates that china - the asean free trade area has entered a substantive stage of implementation. Daniel Jean Richard Watches the agreement stipulates that from july 1, 2005, the two sides in accordance with the agreed timetable, the normal of about 7,000 kinds of products started phase process.
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