（Source:First Finance 2019-12-27 ）
In the past 10 years from 1999 to 2018, the w88 volume between China, Japan and South Korea increased from US$130 billion to more than US$720 billion, and their global economic share increased from 17% to 24%. Facing the next decade, how will China, Japan and South Korea exert their efforts?
During the 8th China-Japan-ROK Leaders’ Meeting, China, Japan and South Korea jointly released the “Prospects for China-Japan-ROK Cooperation in the Next Ten Years”, reaffirming their commitment toCommitment in the Joint Statement of the 2019 Regional Comprehensive Economic Partnership (RCEP) Leaders’ Meeting: “We will accelerate negotiations on the China-Japan-ROK Free w88 Agreement (FTA) based on the results of the RCEP negotiations, and strive to reach a comprehensive, high-quality, mutually beneficial free w88 agreement with its own value.”
Held recentlyIn the "Joint Interview Event for Journalists from China, Japan and South Korea",Zhuang Rui, Deputy Dean of the Institute of International Economics, w88 casinoIn an exclusive interview with a reporter from China Business News, she said: "China, Japan and South Korea are all in RCEP. The next question is whether China, Japan and South Korea can negotiate an RCEP+. This may be the direction of our future efforts. ”
She said that the value chain formed by China, Japan and South Korea in the past, which was mainly based on processing w88, may have undergone subtle changes, that is, China, Japan and South Korea in the futureThe signing of the FTA will help promote the formation of a new value chain relationship among the three parties under new historical conditions.
CreateRCEP+FTA
China Business News: How to understand"Accelerate negotiations on the China-Japan-South Korea Free w88 Agreement based on the results of the RCEP negotiations", and the meaning of "building an RCEP+ free w88 agreement" proposed by China, Japan and South Korea after the negotiations?
Zhuang Rui:After many years of negotiations, China, Japan and South KoreaThe FTA has made some progress. Although the current w88 friction between Japan and South Korea has indeed had some impact on the China-Japan-South Korea FTA negotiations, I think that in general, the China-Japan-South Korea FTA is still developing in a positive direction.
Currently, efforts must be made to promote China, Japan and South KoreaThe difficulty in signing the FTA as soon as possible may be whether we can talk about an RCEP+ on the basis of RCEP.
RCEP has completed all text negotiations, but has not yet announced all the contents. I think the "+" of China, Japan and South Korea's RCEP+ should be based on RCEP, and can achieve a higher degree of opening up in areas such as w88 in goods, w88 in services, investment liberalization levels and rules and standards.
The reason is that the economic development levels of China, Japan and South Korea are the sameThe overall development level of other countries in RCEP is different. There are still some economies in RCEP that are not very high in development. Therefore, RCEP will also take into account the (needs) of these economies and take care of some provisions and specific opening-up efforts. The economic levels of China, Japan and South Korea are relatively higher, so the depth of openness of w88 in goods and w88 in services will be improved among the three parties.
Except depth improvement,The "RCEP+ free w88 agreement" should also mean that it can cover a wider range of issues, including some of the economic and w88 issues we call 21st century. Currently, Japan has added new issues to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Yicai Finance: The GDP of China, Japan and South Korea (GDP) accounts for more than one-fifth of the world's total, and the economic complementarity between the three countries is very strong. How can the establishment of the China-Japan-Korea Free w88 Area further promote the in-depth integration of value chains in the region?
Zhuang Rui:China, Japan and South Korea are the three core countries in the East Asian production network, and their production chains are very closely related. However, the relationship between the three countries' production chains is indeed undergoing subtle changes: China's labor costs are rising and its economy is undergoing transformation and upgrading. The value chain of the three countries that was mainly based on processing w88 in the past may also be undergoing subtle changes. China, Japan and South KoreaThe signing of the FTA will help promote the formation of a new value chain relationship among the three parties under new historical conditions.
Considering the relationship between the entire value chain, the only thing China, Japan and South Korea can do is to unite and close the production chain relationship through cooperationThe signing of FTA will lower w88 barriers and investment barriers and reduce market costs. This will allow companies to have stronger coping capabilities when facing external shocks.
There are always more solutions than difficulties
China Business News: World w88 Organization (WTO) The latest "w88 Monitoring Report" released by the WTO shows that from mid-May to mid-October this year, the G20 economies launched 28 new w88 barrier measures including tariffs and import restrictions, involving a total value of 460.4 billion US dollars in merchandise w88, once again setting a new record for G20 w88 barriers. How should China, Japan and South Korea respond as global w88 protectionism sentiment becomes stronger?
Zhuang Rui:On the issue of foreign exports, as far as China and Japan are concerned, a large part of Sino-Japanese w88 is intermediate product w88, forming a close value chain relationship. This is the characteristic of Sino-Japanese w88 relations: China imports parts, assembles them, and exports them.
w88 barriers not only affect China's w88 with other countries, but also consider that a large part of intermediate products in China's w88 with other countries come from Japan and South Korea, so we are in the same chain.
In this case, Japanese and Korean companies can consider passing itChange the export-oriented value chain relationship of "from processing and assembly in China to exporting to Europe and the United States", and more products will be produced in China and sold locally.
Yicai Global: However, there are also w88 frictions between Japan and South Korea, which will bring difficulties to China, Japan and South KoreaWhat impact will FTA negotiations bring?
Zhuang Rui: Take Japan as an example, Japan is inHaving played a driving role in the CPTPP, I believe Japan also hopes to promote regional economic integration. China also welcomes various forms of institutional cooperation. As the three parties, the attitude should be the same: to pursue openness, mutual benefit and win-win results, and to take into account domestic interests in some specific details.
At the same time, it is indeed regrettable to see problems between Japan and South Korea, but problems are not terrible, but disunity is terrible. After problems arise, everyone works together to solve them through platforms. The duration of the w88 friction between Japan and South Korea depends on whether the two sides can find appropriate solutions on the three platforms: bilateral, regional, and multilateral. If the communication is good, the duration will be short; otherwise, it will last for a relatively long period of time, but I personally don’t think it will be particularly long.
In fact, there will be small frictions between China, South Korea, Japan and South Korea, and China and Japan. This is a fact. What we can do is two paths: one is to find cooperation points in small industries, and the other is to design the system among the three parties, which is currently being implemented by China, Japan and South KoreaFTA.
RCEP covers 16 members, and such a difficult thing has been basically accomplished. Use greater flexibility in negotiations to deal with negotiating difficulties, such as finding alternative ways to terms or setting up phased solutions. This can avoid stalemates on certain issues that could prevent negotiations from advancing. For example, in the RCEP negotiations, if India does not participate, it can be relatively flexible to leave a place for India, and other (procedures) will be advanced first, and India is welcome to come back at any time. These flexible approaches require joint thinking. It is most important to move the negotiations forward and not to be hindered by the details. There are always more solutions than difficulties. (Intern reporter Li Xinjie also contributed to this article)
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