WORLD> Asia-Pacific
Zero tariff rate for China, ASEAN
(chinadaily.com.cn)
Updated: 2009-10-21 15:58

No tariff will be imposed on 90 percent of the products traded between China and the Association of Southeast Asian Nations (ASEAN), when the China-ASEAN Free Trade Area is established on Jan 1, 2010, Xinhuanet.com reported Tuesday, citing Chinese Vice Premier Li Keqiang.

The market for service trade between the two sides will also be opened in a substantial way beginning on Jan 1, 2010, the Vice Premier said at the opening ceremony of the sixth China-ASEAN Business and Investment Summit in the south China city of Nanning.