Trade relations In recent decades, China has played an increasing role in calling for free trade areas and security pacts amongst its Asia-Pacific neighbours. China became a member of the World Trade Organization (WTO) on 11 December 2001. In 2004, it proposed an entirely new East Asia Summit (EAS) framework as a forum for regional security issues.[201] The EAS, which includes ASEAN Plus Three, India, Australia and New Zealand, held its inaugural summit in 2005. China is also a founding member of the Shanghai Cooperation Organization (SCO), along with Russia and the Central Asian republics.