www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
World / China-ROK

Free trade pact cements foundation of China-ROK ties

(Xinhua) Updated: 2015-06-02 17:14

BEIJING -- The signing of a free trade agreement between China and the Republic of Korea (ROK) in Seoul on Monday has given another boost to bilateral ties, which are at a historical high.

Under the accord, ROK will eliminate tariffs on 92 percent of all products from China within 20 years while China will abolish tariffs on 91 percent of all ROK goods.

The pact is the fruit of more than a dozen rounds of negotiations between the two countries since May 2012 and the high-level exchanges between the two nations.

ROK President Park Geun-hye paid a visit to China in June 2013 while Chinese President Xi Jinping visited ROK last July.

In addition to providing a further boost to the government relations, the FTA brings an institutional platform for the two Asian neighbors to strengthen their bilateral strategic cooperative partnership .

The pact, which is the largest bilateral free trade deal for China in terms of trade volume, marks the biggest leap forward in bilateral trade since the two began diplomatic relations in 1992.

In recent years, bilateral trade volume has expanded remarkably. Trade between China and ROK hit 235.4 billion U.S. dollars in 2014, posting an increase of 2.8 percent from the year before. China is ROK's No.1 trading partner while ROK is China's third-largest trade partner.

The FTA covers 17 areas, including trade in goods, services, e-commerce and government procurement. As the two nations strive to upgrade bilateral trade volume to $300 billion in 2015, the agreement means a new growth engine will be in place.

Stimulated by burgeoning economic and trade ties, people-to-people exchanges are also expected to increase.

In 2013, more than 8.2 million trips were made between China and ROK. In July 2014, some 62,000 ROK students were studying in China and about 65,000 Chinese students were studying in ROK.

The accord is a milestone as it indicates the two are considering bilateral ties from a strategic and long-term perspective.

Once it is implemented, the effects will go beyond bilateral.

With a combined population of about 1.4 billion and a combined gross domestic product (GDP) of over $11.4 trillion, the pact will not only bring benefits to the two neighbors but also contribute to regional and world economic development.

In this sense, the pact has sent positive signals for economic cooperation in East Asia and Asia-Pacific, especially when China, Japan and ROK are conducting negotiations on a trilateral free trade zone.

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 国产日韩欧美一区二区 | 亚洲精品国产第一区二区三区 | 欧洲一级视频 | 欧美做暖小视频xo免费 | 理论片日韩 | 免费看欧美毛片大片免费看 | 91免费网站在线看入口黄 | 成年女人免费又黄又爽视频 | 夜色www| 久久狠狠色狠狠色综合 | www黄网 | 国产视频久 | 亚洲欧美中文在线观看4 | 久久久久久免费视频 | 国产精品三级手机在线观看 | 2021国产精品一区二区在线 | 午夜不卡在线 | 免费看a| 国产精品欧美日韩 | 秀人网私拍福利视频在线 | 日韩看片| 国产福利久久 | 免费精品久久久视频 | 我要看欧美精品一级毛片 | 久久精品午夜视频 | 手机在线精品视频 | 国产 日韩 欧美 在线 | 国产91综合| 欧美一级毛片生活片 | 国产精品美女免费视频大全 | 国产美女做爰免费视频网址 | 加勒比色综合 | 成年免费在线观看 | 一个人看的www日本视频 | 久久成人免费大片 | 香港全黄一级毛片在线播放 | 久草在线影 | 视频一区在线免费观看 | 免费亚洲视频在线观看 | 亚洲第一在线 | 在线视频精品一区 |