Welcoming the commencement of regional integrated economy society of ASEAN Economic Community ( AEC) regime slated for later this year, an initiative to foster production capacity cooperation between ASEAN and China was sought to further expand economy and trade ties between the two economies.
Sourced through Scoop.it from: globserver.cn
The AEC regime would integrate all ten country members of Southeast Asian politics and economy bloc as a single community that has single market, aimed at inclusively improving economy, competitiveness and development part member nations. With total people of additional than 600 million, average at productive ages, the AEC promises lucrative business for economy entities willing to establish cooperation with. The bloc has been seeing positive economic increase amid world economy slowdown in the last few years.