The Free Trade Agreements that China signed with South Korea and Australia are set to take effect on Sunday.
Under the agreements, the countries will implement the first tariff cuts on December 20, and the second cuts on January 1.
Meantime, China will step up cooperation with neighboring countries to expand its FTA network.
China has signed 14 free trade agreements involving 22 countries and regions, including the ASEAN bloc, Singapore, and New Zealand.
Source:
http://english.cri.cn/12394/2015/12/18/4081s908941.htm