China, ASEAN launch economy development center to boost cooperation

China and ASEAN on Wednesday launched the ASEAN-China Economy Development Centre in Henan Province to boost comprehensive cooperation, with a strong focus on modern agriculture and health tourism. This builds on a series of tech-focused and economic initiatives meant to elevate the regional partnership.

With the ASEAN-China Free Trade Area undergoing a Version 3.0 upgrade, the broader partnership focuses increasingly on the digital economy, green initiatives, supply chain connectivity, and support for MSMEs.