|Table of Contents|

RCEP trade mechanism and its impact on China(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2021年01期
Page:
39-46
Research Field:
国际经济与贸易
Publishing date:
2021-02-20

Info

Title:
RCEP trade mechanism and its impact on China
Author(s):
LIU Dan
School of Economics, Fudan University, Shanghai 200433, China
Keywords:
Regional Comprehensive Economic Partnership;  Free Trade Area;  Sino-Japanese trade;  dual circulation;  European Union;  North American Free Trade Area;  internal trade
PACS:
F744; F125
DOI:
-
Abstract:
The Regional Comprehensive Economic Partnership(RCEP)is another milestone of China’s in-depth integration into the globalization process after its accession to the WTO. From the perspective of trade, this paper uses the global bilateral trade data of CEPII BACI to compare the total trade scale and internal trade development trend of RCEP, the European Union and the North American Free Trade Area, and systematically describes the trade situation of RCEP member countries and product categories. The research suggests that RCEP will become a breakthrough in the downturn of Sino-Japanese trade, further give play to the advantages of China, Japan and South Korea in the joint industrial chain of manufacturing and trade powers, form a strong economic bond and institutional norms, and promote the regional economic integration of East Asia. The stable Asia-Pacific market formed by RCEP will help China expand exports and optimize imports, promote China to further deepen reform and standardize various factor markets, and enhance the international competitiveness of enterprises. As important measures of China to actively adapt to globalization, signing the RCEP and the “Belt and Road” initiative can give play to China’s advantages in market scale and production system, speed up the formation of the new development pattern of dual circulation featuring domestic economic circulation as the focus and mutual promotion of domestic and international circulation, promote China’s international influence, and enable the Asia-Pacific region to become a center of international trade.

References:

[1] 中华人民共和国商务部国际经贸关系司.《区域全面经济伙伴关系协定》(RCEP)各章内容概览[EB/OL].(2020-11-16)[2021-01-14].http://www.mofcom.gov.cn/article/zwgk/bnjg/202011/20201103016080.shtml.
[2]刘英.RCEP签署后中日韩自贸区还有多远?[N].21世纪经济报道,2020-12-30(4).
[3]李志远.中日韩制造业产业链分工及自由贸易前景[J].人民论坛·学术前沿,2020(18):30-37.
[4]张建平,董亮.《区域全面经济伙伴关系协定》与亚太区域经济合作[J].当代世界,2021(1):36-43.

Memo

Memo:
-
Last Update: 2021-02-20