China, USA and Singapore create cross region resource integration platform for China - ASEAN market

MEZABAY INTERNATIONAL INC., of the United States, Mengfei Network Technology Co., Ltd., of The People's Republic of China, and Legend Venture Pte Ltd of Singapore signed a tripartite Strategic Partnership Agreement in August 2010 to create a cross region capital resource integration platform at Westin Hotel, Guangzhou, China. The subscription of the agreement marks the start of the creation cross region resource integration platform for China – ASEAN market.

With the launch of the ASEAN - China Free Trade Area (FTA), ASEAN becomes the third regional common market after European Union (EU) and North American Free Trade Area (NAFTA). China-ASEAN spans over an area of 14 million square kilometers, 9.4% of the total land area of Earth, with a population of approximately 1.9 billion people, 1/3 of the world population. In 2009, its combined nominal GDP had grown to more than USD $6 trillion, approximately 1/9 of world population. This zone also houses the world largest internet users, and in the future the world largest e-commerce trade volume will be traded in ASEAN 10 + 1 Free Trade Area. China-ASEAN will be the largest current FTA. Not only China- ASEAN Free Trade Area will be the world's largest, but also the fastest developing free trade zone.

According to the agreement signed, Legend Venture, Mezabay, and Mengfei Network Technology will cooperate with ASEAN and China business partners through to establish business alliance, in discovering and identifying high-quality corporate clients at free trade zone and develop a cross-regional advertising, e-commerce, marketing and social network platform.