The establishment of China ASEAN Free Trade Area has accelerated the economic and trade exchanges between Fujian and ASEAN countries

Business Club reported on February 10 that China ASEAN free trade area was launched, which accelerated the pace of economic and trade exchanges between Fujian and ASEAN countries Fujian entry exit inspection and Quarantine Bureau revealed on February 8 that in the first month of the launch of China ASEAN Free Trade Area, Fujian's exports of legal inspection products to ASEAN nearly doubled In January this year, Fujian entry exit inspection and Quarantine Bureau exported more than 3300 batches of legal inspection products to ASEAN, with a value of 133 million US dollars, up 95.85% and 95.57% year on year The export growth of animal products, plants, plant products, food, cosmetics and raw materials, textiles, light industrial products, metals and their products, chemicals, mechanical and electrical products in large demand of ASEAN countries exceeded 80% Over the same period, Fujian's imports from ASEAN countries also increased significantly, with plants, plant products, mineral products, food, cosmetics and raw materials increasing 104.25%, 163.16%, 14.35% and 45.6 times, respectively Fujian and ASEAN countries are not only geographically close, but also have close blood and economic relations with ASEAN countries Millions of Fujian's rural residents live in the Philippines, Malaysia, Singapore, Indonesia, Thailand and other ASEAN countries Fujian and ASEAN have strong complementarity in resource composition, industrial structure and other aspects ASEAN's mineral products, raw materials and other resource products are needed by Fujian, while Fujian's textiles, clothing, shoes, food, mechanical and electrical products have comparative advantages At the same time, Fujian has a complete industrial base, high product cost performance, and obvious export advantages in processing agricultural products, electronic equipment, small machinery, textile fabrics and other products The complementarity of economic structure and the zero tariff era of ten ASEAN countries provide new and important opportunities for Fujian and ASEAN to speed up economic and trade exchanges Ye Shuangyu, vice governor of Fujian Province, said that Fujian will give full play to the rich network resources of Fujian Overseas Chinese and the advantages of international business network, seize the opportunity of launching the China ASEAN Free Trade Area, promote more products, funds and technology projects of Fujian to go abroad, and introduce more products, funds and technology projects from the countries of the east alliance.