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China - ASEAN Free Trade Area was started on January 1, 2010 , the scope of its coverage , including China and six old ASEAN member countries ( Singapore , Brunei , Malaysia , Thailand , Indonesia and the Philippines ) as well as four new ASEAN members countries ( Vietnam , Myanmar , Cambodia and Laos ) , a total of 11 countries . China - ASEAN Free Trade Area established expand the capacity of the market , improve the import and export environment , reduce trade friction , increase investment , and promote the large-scale development of the western region the positive impact on the Chinese economy , also caused China 's trade deficit with ASEAN and related industries shocks . Of ASEAN as a whole , in terms of the impact of the establishment of the China - ASEAN Free Trade Area of the backward countries , lead to some of the country's trade deficit , but to maintain stability in the ASEAN region , to promote regional economic development , expand trade scale , enhanced ASEAN attracted foreign ability. In terms of the new member states of ASEAN , China - ASEAN Free Trade Area of the establishment of the direct investment from China , with the increase in China's total trade and trade deficit . In terms of the old member states of ASEAN , China - ASEAN Free Trade Area was established to expand the scale of trade and the trade surplus with China , deepen economic cooperation with China , and provide a new area of ??investment . So , in order to promote the construction of the China - ASEAN Free Trade Area , China needs to strengthen exchanges and cooperation with ASEAN to speed up the adjustment of industrial structure , develop appropriate bilateral trade rules , and the gradual dismantling of trade barriers .
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