Participants attend the ceremony marking the establishment of China-ASEAN Free Trade Area (FTA), the world's largest FTA of developing countries, in Nanning, capital of southwest China's Guangxi Zhuang Autonomous Region, Jan. 7, 2010. Officially established last Friday, the FTA covers a population of 1.9 billion and accounts for about 4.5 trillion U.S. dollars in trade volume. (Xinhua/Zhou Hua)

Philippines's Secretary of Finance Margarito Teves addresses the forum on the China-ASEAN Free Trade Area (FTA) held in Nanning, capital of southwest China's Guangxi Zhuang Autonomous Region, Jan. 7, 2010. (Xinhua/Zhou Hua)