Zero Tariff Impact On Protected Area &Nbsp; China ASEAN Free Trade Area Innovation Mode.

Sun Yuanjiang said that trade between China and ASEAN was strong, but in some areas, such as textile industry, there was a certain degree of competition.

Before China entered the era of "zero tariff", the two sides were worried about the white hot competition in these areas. But at present, the two sides are gradually forming a new mode of industrial chain cooperation.

Xu Ningning, Chinese standing secretary of the China ASEAN Business Council

According to introduction, from 1 to July this year, China ASEAN

The tariff reduction policy in the China ASEAN free trade area is very beneficial to Chinese enterprises. According to our statistics, the cost of imports saved by Chinese enterprises in the past year due to tariff reductions is about 6 billion 100 million yuan.

Sun Yuanjiang said.

But Sun Yuanjiang also pointed out that the tax reduction in the FTA is a gradual process. At present, the utilization rate of China's preferential policies for FTA is not very high.

Xu Ningning also said that many enterprises do not even know the existence of China ASEAN Free Trade Area, or only know the zero tariff policy, but do not know the policy of free trade zone to open investment market and service trade market mutually.

A survey conducted by a team led by director of the Department of international studies of the Academy of Social Sciences showed that only 10% of the enterprises took advantage of the preferential policies of the free trade area to reduce costs and expand exports.

Now, more and more Chinese enterprises want to invest in ASEAN, and some new situations and changes have also appeared in China ASEAN Free Trade Area.

In the past, China and ASEAN markets were cut by tariffs. Now, ASEAN has zero tariff on about 91.5% of China's products, and China's 90% of ASEAN's products are zero tariff.

Xu Ningning said, but trade liberalization does not mean that there is no obstacle to cooperation between the two sides. Zero tariff means that industries that were protected by tariffs in the past will be impacted.

Xu Ningning further pointed out that Chinese enterprises still face some obstacles to invest in ASEAN.

The 10 member countries of ASEAN are different. The political and economic system, resource endowment, market maturity and economic development level are all different. The obstacles encountered by Chinese enterprises in investing are also different.

To sum up, the four new member states of ASEAN are not pparent enough or even changeable in policy. The efficiency of the relevant departments is not high and the investment environment needs to be improved.