ASEAN encourages trade expansion with China (2)

Trade between China and ASEAN has sky-rocketed from 7.9 billion U.S. dollars in 1991 to 292.7 billion U.S. dollars in 2010.

The FTA between ASEAN and China became effective in 2010.

For the first half of 2011, bilateral trade recorded was 171.1 billion U.S. dollars, an increase of 25 percent on a year-on-year basis.

Even though China is ASEAN's largest trading partner, ASEAN is the third largest trading partner of China.

Malaysia and Indonesia had encouraged more investment from China during bilateral meetings held on Sunday with Chinese Prime Minister Wen Jiabao, according to Chinese Foreign Ministry Spokesman Qiu Gang.

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