China, ASEAN trade to benefit from deal

Participants listen to an address on Jointly Building High-Level and Largest Free Trade Area during the 2025 RCEP Media& Think Tank Forum in Haikou, Hainan province, on Sunday. CHINA DAILY

The implementation of Version 3.0 China-ASEAN Free Trade Area agreement will further bolster supply chain cooperation and catalyze industrial upgrading, experts said on Sunday, just a few days after negotiations on the deal were completed.

Speaking at a thematic dialogue of the 2025 RCEP Media & Think Tank Forum held in Haikou, Hainan province, they said CAFTA 3.0 will not only upgrade the cooperation in the Regional Comprehensive Economic Partnership, but also…

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