|Table of Contents|

China-EU Comprehensive Agreement on Investment empowering a new development pattern of "dual circulation"(PDF)

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

Issue:
2021年04期
Page:
59-66
Research Field:
国际经济与贸易
Publishing date:
2021-09-20

Info

Title:
China-EU Comprehensive Agreement on Investment empowering a new development pattern of "dual circulation"
Author(s):
WANG Jun;  ZHANG Yujie;  ZHENG Huiyin
(School of Economics and Trade, Guangdong University of Foreign Studies,Guangzhou 510006, Guangdong, China)
Keywords:
China-EU Comprehensive Agreement on Investment(CAI);  "dual circulation";  European Union(EU);  high-level economic and trade rule;  new development pattern;  high-level factor;  technological innovation;  industrial chain
PACS:
F744; F142
DOI:
-
Abstract:
The signing of the China-EU Comprehensive Agreement on Investment(CAI)is of great significance for deepening the bilateral economic and trade cooperation between China as well as for boosting the global economic recovery. Based on the new development pattern of "dual circulation" which China strives to construct, this paper studies the promoting effect of the CAI on the new pattern. This paper argues that the CAI is a mutually beneficial and win-win bilateral investment treaty with high standards, in-depth and wide-ranging economic and trade rules. In order to enable the CAI's effect of promoting Sino-EU bilateral investment and empowering new functions to the new development pattern of "dual circulation", China needs to continue to expand its domestic demand, stimulate the intent and ability of residents to consume, cultivate new hotspots for consumption; inspire technological innovation, continuously strengthen and improve the construction of the technological innovation system; accelerate domestic reform, properly coordinate the relations between the economic aggregate and supply structure; strive to be up to par with the high-standard international economic and trade rules, boost the free flow of factor resources, promote the high-level opening-up to the outside world, and construct a legal, convenient and internationally recognized business environment.

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Memo

Memo:
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Last Update: 2021-09-20