January 1, 2010, with China - ASEAN Free Trade Area of the fully completed, Sun Ping Fan Knitting Machinery Co., Ltd. Ningbo Yu who will officially enter the ASEAN market, has received 500 million of intention to export orders will also be performance.
In 2006 started the export of textile machinery Sun Ping Fan, products are mainly exported to South Asia, India, Bangladesh and other countries. However, in his view, lower tariffs on ASEAN market is clearly more attractive.
In Yiwu, a lot of stationery distribution company has long been ahead of the ASEAN market. Stationery products in Malaysia for more than 90% of imports from China, half of which came from Yiwu market. Part of the Stationery products through Malaysia to enter other ASEAN countries. "China - ASEAN Free Trade Area of the completion of the Association of Southeast Asian Nations, Yiwu Stationery products will change the pattern of exports." Yiwu Stationery products trade associations relevant responsible person said, after Yiwu Stationery products mainly rely on traders to enter the ASEAN market, but now most enterprises want to at the local to establish a direct sales center or to find a dealer.
"ASEAN ten countries of industrial products with our considerable complementarity, as long as the marketing strategy properly, Wenzhou electrical products is still great room." Great Wall Electric Group Co., Chen Li, general manager of International Trade Division is also very optimistic about the ASEAN market. In order to better develop the ASEAN market, as early as in 2003, the Great Wall Electrical Appliances in Thailand and Indonesia on the establishment of a joint venture plant.
"China - ASEAN Free Trade Area is completed, the highest in the forefront of Zhejiang textile exports, mechanical and electrical industrial products, most able to zero-tariff access to the ASEAN market, and Zhejiang related to foreign trade enterprises to expand the market, will play a positive role in coping with crises. "Zhejiang International Economic and Trade Research Center, said Zhang Handong, Zhejiang and the ASEAN's economic structure are highly mutually complementary in resource composition, industrial structure and trade goods and so on their own characteristics. Zhejiang's textile, clothing, shoes, food, grain, construction materials, electrical and mechanical, and chemical products have a comparative advantage, while the Association of Southeast Asian Nations in the timber, oil, natural gas, coal, natural rubber and other resource-based products have greater advantages. "Zhejiang If companies can make good use of rules of origin, to enjoy tariff preferences, which will directly increase the profits of an enterprise."
According to statistics, in 2002 -2,008 6 years, Zhejiang's trade with ASEAN average annual growth rate of as high as 34.2%. At present, ASEAN has become an addition to the European Union, the United States and Japan, outside of Zhejiang Province, the fourth-largest trading partner.