China-ASEAN Free Trade Area means that China and 10 ASEAN countries gradually abolish tariff and non-tariff measures, open the service industry and investment market, and realize full liberalization of trade and investment. China-ASEAN Free Trade Area is the first free trade area negotiated by China, the first free trade area negotiated by ASEAN as a whole, and the largest free trade area among developing countries. In 2002, China and ASEAN signed the Framework Agreement on Comprehensive Economic Cooperation, which set the goal of building China-ASEAN Free Trade Area in 20 10. Since then, agreements on trade in goods, trade in services and investment in FTZ have been signed and come into effect. 20 10/0,65438+1 0,1,China implements zero tariff on more than 90% products from ASEAN 10 countries, and the average tariff on ASEAN is reduced from 9.8% to 0. 1%. At the same time, six old ASEAN members (Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand) have imposed zero tariffs on more than 90% of China's products, and the average tariff on China has dropped from 12.8% to 0.6%. Four new ASEAN members (Vietnam, Laos, Cambodia and Myanmar) will achieve this goal in 2065,438+05.