12/31/2009 Source: People’s Daily

The China-ASEAN Free Trade Area (CAFTA), set to open on January 1, 2010, will bring preferential treatment to product trade between China and ASEAN, an official with Ministry of Commerce said.

With the opening of CAFTA, more than 90 percent or over 7,000 products traded between China and the six members of ASEAN, i.e., Brunei, the Philippines, Indonesia, Malaysia, Thailand and Singapore will be tariff-free, Zhang Kening, commercial counselor of the Department of International Trade and Economic Affairs under the Ministry of Commerce said at a press conference on Dec, 29, 2009.

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