Trade ministers from China and South Korea will sign a Free Trade Agreement in Seoul next week. CCTV’s Hong Lianhao filed this report on how it’s expected to contribute to China’s economic development and enhance its global competitiveness.

Highlights:

• The free trade agreement between China and South Korea will enable a market with a total population of 1.4 billion and combined GDP of $11 trillion.
• Experts say the China-South Korea FTA will provide the modality as well as the driving force for progress toward a China-Japan-South Korea FTA and a Regional Comprehensive Economic Partnership.