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flag China and ASEAN plan to submit an upgraded free trade pact and a five-year collaboration plan by October.

flag China and ASEAN plan to submit an upgraded free trade pact, known as the 3.0 version, to their leaders for approval in October. flag This pact, under negotiation since November 2022, covers the digital economy, green economy, and supply chain connectivity. flag The two parties also agreed on a five-year action plan for collaboration in over 40 fields and plan to finalize a code of conduct for the South China Sea next year to manage regional disputes.

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