In October 2024, the upgrade negotiations of ASEAN-China Free Trade Area 3.0 achieved substantial results. In recent years, China and ASEAN countries, including Thailand, have carried out extensive cooperation in e-commerce, photovoltaic power generation, green agriculture, new energy vehicles and other fields. China and ASEAN have established multiple bilateral agricultural cooperation mechanisms, and Chinese capital and technology have helped ASEAN countries expand agricultural product markets and improve the lives of local farmers. The cooperation between the two sides in the new energy vehicle industry chain and supply chain continues to deepen. The ASEAN-China Free Trade Area 3.0 will provide more convenience for the two sides to strengthen cooperation in the fields of digital infrastructure construction and green industry development, and lead the two sides to the forefront of innovation in the world economy.

ASEAN and China have a total population of more than 2 billion. In this large market, strengthening the integration of all links from production to sales and forming complementary advantages will continue to create strong momentum for common development and prosperity.