--- title: "Ministry of Commerce: China and ASEAN have made clear definitions for the first time on green economy, new energy, clean energy, sustainable finance, green skills, and more" description: "The Ministry of Commerce interprets the China-ASEAN Free Trade Area 3.0 upgrade protocol, which for the first time clearly defines green economy, new energy, clean energy, sustainable finance, green s" type: "news" locale: "en" url: "https://longbridge.com/en/news/262992524.md" published_at: "2025-10-28T02:32:51.000Z" --- # Ministry of Commerce: China and ASEAN have made clear definitions for the first time on green economy, new energy, clean energy, sustainable finance, green skills, and more > The Ministry of Commerce interprets the China-ASEAN Free Trade Area 3.0 upgrade protocol, which for the first time clearly defines green economy, new energy, clean energy, sustainable finance, green skills, and other concepts. Both parties commit not to use environmental standards as a means of trade protectionism, to eliminate related trade barriers, and to promote the joint development of the environment and trade. Eight major priority cooperation areas are established, including green trade, investment, and circular economy, to support the regional economic green engine and high-quality development The head of the International Department of the Ministry of Commerce interpreted the upgrade protocol of the China-ASEAN Free Trade Area 3.0 version. In the field of green economy, both sides, guided by the goals and principles of the Global Development Initiative, established a comprehensive cooperation framework under the free trade area. For the first time, both sides made clear definitions of green economy, new energy, clean energy, sustainable finance, green skills, etc., and committed not to use environmental standards as a disguised means of trade protectionism, striving to eliminate trade barriers related to environmental products and services, and promoting mutual advancement and common development of environment and trade. Both sides established eight priority cooperation areas: green trade, green investment, circular economy, sustainable finance, green technology, green standards, sustainable energy, and digital green collaborative development, covering the entire chain of research and development, financing, production, consumption, and recycling, which will provide important support for building a green engine for regional economic development and achieving high-quality development ### Related Stocks - [01315.HK - GREEN ECONOMY](https://longbridge.com/en/quote/01315.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | A Presidential Salute to Our Shareholders and the Spirit of Progress \| ELEK Stock News | Elektros Inc. (OTC PINK:ELEK) wishes its shareholders a happy Presidents' Day Weekend, emphasizing leadership and long-t | [Link](https://longbridge.com/en/news/275937331.md) | | Assessing Alfa Laval (OM:ALFA) Valuation After Strong 2025 Results And Higher Dividend Proposal | Alfa Laval (OM:ALFA) has gained investor attention following its strong 2025 results and a proposed higher dividend. The | [Link](https://longbridge.com/en/news/275487803.md) | | Tesla Megapack Deployment Goes Live at 500MWh Australian BESS | Tesla's Megapack has been deployed at a new 500MWh battery storage facility in Queensland, Australia, named Swanbank Bat | [Link](https://longbridge.com/en/news/276009825.md) | | ACCV partners with Korean companies to advance energy storage solutions in Vietnam | Asia Clean Capital Vietnam (ACCV) has partnered with Korean companies Nosafood and Speed Vina to develop Battery Energy | [Link](https://longbridge.com/en/news/275701663.md) | | Massachusetts launches V2X demonstration with free bi-directional chargers | Massachusetts has launched a Vehicle-to-Everything (V2X) demonstration program, providing free bi-directional EV charger | [Link](https://longbridge.com/en/news/275915513.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.