Economic globalization and regional economic integration have become the world’s two major trends of the world economy, with most countries pursuing broader economic development of space through the strengthening of national and regional economic and trade ties. The geographic proximity of China and ASEAN nations, both in terms of resources, industrial structure, and industrial and agricultural goods, among other things, is very complimentary, and the growth of economic and trade cooperation has a distinct benefit. Long-term “neighborly and friendly” strategic partnership relationships have provided a solid framework for the growth of economic and trade cooperation. The establishment of the China-ASEAN Free Trade Area can achieve a win-win situation by not only complementing each other and expanding bilateral trade and cooperation on a larger scale, but also strengthening overall competitiveness and its ability to resist risks. Friendly relations between China and ASEAN will be further consolidated and strengthened to improve the Chinese and ASEAN in East Asia and the Asian region’s political status and ability to deal with international affairs. This article proposes solutions to the challenges that exist in the China-ASEAN Free Trade Zone. The establishment of the China-ASEAN Free Trade Area will not only consolidate and strengthen China’s and ASEAN’s already friendly and cooperative relations, but will also further promote China’s and ASEAN’s respective economic development and regional cooperation and competitiveness. Finally, with the construction of the China-ASEAN Free Trade Area, China and ASEAN will enjoy the benefits of economic globalization and regional economic integration even more, face obstacles jointly, and contribute to the growth and stability of Asian and global economies.

Ⅰ. Introduction
II. The Development Status of the China-ASEAN Free Trade Area
    1. China-ASEAN Free Trade Area Trade Volume Maintains Rapid growth
    2. Tariff Levels Are Continuously Reduced
    3. Two-Way Investment Between China and ASEAN Has Increased
Ⅲ. The Problem of Development of China-ASEAN Free Trade Area
    1. The Uneven Level of Economic Development of ASEAN Member Countries
    2. China and ASEAN’s Seriously Non-reciprocal Economic Dependence
    3. China and ASEAN Trade Products Are Similar and Competitive
    4. Disputes Exist Over the Territories of Both the Two Regions
Ⅳ. Optimization Measures for China-ASEAN Free Trade Area
    1. “One Belt, One Road” Construction and Strengthening China-ASEAN Free TradeArea
    2. Promote Maritime Trade Cooperation on The Basis of Land Trade
    3. China and ASEAN Take Advantage of RCEP Opportunities to Accelerate EconomicDevelopment
    4. Accelerating the Construction of China-ASEAN Community Of Destiny
Ⅴ. Conclusion
References
ABSTRACT

• Yin Yanyan(Doctoral Student, Department of Global Food Service Management, Woosuk University)