The Chief Negotiator Conference of the 8th Round of Negotiations of China-Japan-Korea Free Trade Area was held in Beijing on September 24. The Vice Minister of Commerce Wang Shouwen led Chinese delegations to attend the conference. During the two-day negotiations, the three parties profoundly exchanged views on issues such as trade in goods, service trade, investment and agreement scale.

According to the consensuses reached at the 5th China-Japan-Korea Leaders’ Conference on May 2012, the China-Japan-Korea Free Trade Area negotiation was officially launched in November 2012. At present, 8 rounds of negotiations have been conducted. The signing and negotiating of the China-Japan-Korea Free Trade Agreement will build a comprehensive institutional framework for the trade, investment and cooperation within the three countries, promote the opening of each other’s market and push forward the integral development and prosperity of the regional economy.