As China and the Association of Southeast Asian Nations (ASEAN) mark over three decades of economic partnership, their combined growth story continues to redefine global trade dynamics. A recent panel discussion highlighted through CGTN's The Hype program showcases perspectives from young professionals driving innovation across industries, offering fresh insights into this enduring alliance.
Three ASEAN nationals working in China shared their experiences: a Singaporean tech entrepreneur in Shenzhen leveraging AI for supply chain solutions, a Malaysian renewable energy analyst collaborating on cross-border sustainability projects, and a Thai logistics expert streamlining e-commerce networks between the Chinese mainland and Southeast Asia. Their stories reflect the 19.3 billion USD in bilateral trade recorded in Q1 2024 – a 5.8% year-on-year increase.
Academic studies suggest the China-ASEAN Free Trade Area could boost regional GDP by 1.2 trillion USD by 2030, with digital infrastructure and green technology emerging as key growth sectors. Cultural exchanges are also thriving, with ASEAN students accounting for 38% of international enrollees in Chinese universities last year.
As cooperative frameworks evolve, industry leaders emphasize opportunities in smart agriculture, electric vehicle supply chains, and joint marine research initiatives. With China-ASEAN trade projected to grow 7-9% annually through 2028, this partnership remains pivotal in shaping Asia's economic trajectory.
