In addition to Trade in Goods Agreement, ASEAN and China also signed Trade in Services Agreement (ACTISA) on 14 January 2007 for the 1st package specific commitments and on 16 November 2011 for the 2nd package of specific commitments. Both packages provide for the expansion of trade in services with improved market access and national treatment in sectors/subsectors where commitments have been made. The Agreement excludes services liberalization pertaining to government procurement and government related services.
Malaysia's liberalization commitments under the First Package include sectors such as:
China's offers under the First Package include sectors such as:
The Agreement also mandated that a second package of specific services commitments be concluded in order to progressively liberalize the service industries. The Protocol to Amend the ASEAN-China Trade in Services Agreement for the 2nd package of Commitments was signed on 16 November 2011. The entry into force of the Protocol is on 1 January 2012.
Malaysia offers 30 new sub-sectors and improvements in 2 sub-sectors. Malaysia’s commitments under this package include improvements in foreign equity ownership ranging from 10% to 100%.