China, ASEAN complete negotiations on upgraded free trade deal
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China and the Association of Southeast Asian Nations (ASEAN) have completed negotiations to further refine their free trade area to include the digital and green economy and other new industries, China's commerce ministry said on Wednesday (May 21).
ASEAN, made up of 10 Southeast Asian countries, is China's largest trading partner, with the value of total trade reaching US $ 234 billion in the first quarter of 2025, according to Chinese customs data.