Diaoyu Islands Incident, South Korea, Japan, Dokdo Dispute, Can China, Japan And Korea Free Trade Area Start Smoothly?

Japanese local councillors and other 10 Japanese illegally boarded the Diaoyu Islands on the 19 day, and the island's behavior can be seen as a "confrontation" against China. "The Japanese government has put forward various measures to strengthen the effectiveness of the Diaoyu Islands issue. This contradict the refutation of the effective domination of South Korea to the Dokdo (Japan's" Bamboo Island "), which also provides enlightenment for the future strategic approach of South Korea.

The Sino Japanese Diaoyu Islands incident, coupled with Japan and South Korea's Dokdo dispute, the relationship between China, Japan and South Korea is very complicated. Today, let's go back to the related issues on the construction of China Japan Korea Free Trade Area in June this year. At that time, some people in the industry said that the construction of China Japan Korea Free Trade Zone, perhaps, to the difficult Chinese textile industry. clothing Out is an opportunity.

However, judging from the current situation, the construction of China Japan Korea free trade zone is not clear.

Today, let's take a look back at the related issues on the construction of China Japan Korea Free Trade Area in June this year.

In June 10th, the Ministry of Commerce of China and the Asian countries' economic and trade cooperation conference held in June 10th, Lv Kejian, director of the Asian Division of the Ministry of Commerce, said that the joint study of government, industry and learning in China, Japan and Korea, which was launched in early May, will be completed before the leaders meeting of three leaders in 2012. The Intergovernmental negotiations will start in the second half of this year or in the first half of next year.

Necessity

All along, from the North American Free Trade Area to the United States free trade area, from the European Union to the African Union, the regional economic integration in the whole world has begun to accelerate. In the boom of regional economic integration, Asian countries have been left behind. Only ASEAN is thriving, and Asia, GDP70%, China, Japan and Korea have been separated from each other, and economic complementarity and trade assistance have been limited.

Initial conditions for integration

From a macro perspective, China, Japan and South Korea are the three most powerful economies in East Asia. The total economic volume ranks second, fourth and fourth in Asia, respectively. If taken as a whole, the total GDP of 7 billion or more will account for 18% of the world's total and 70% of Asia's. the scale of regional economy is next only to the European Union and North America. If the FTA is built, there will be a large market with a population of over 1 billion 500 million.

From a micro perspective, China is Korea's largest trading partner, Japan's second largest trading partner, Japan is the second largest trading partner of Korea, and the total trade volume between China, Japan and Korea is nearly US $200 billion. Relatively developed Japan and South Korea are renowned for their capital and technology intensive industries. China's comparative advantages are mainly concentrated on resources or labor-intensive products, and the industrial structure of China, Japan and Korea has strong complementarity.

Policy decision

Based on the above situation, as early as the 2002 "10+3" conference, Chinese leaders took the lead in putting forward the idea of starting the feasibility study of China, Japan and Korea free trade area, and received positive responses from the other two countries. The research institutes jointly composed by three parties carried on 7 years' analysis and study, and initially demonstrated the feasibility of establishing the three countries' free trade area. After listening to the research results, the leaders of the second countries agreed to launch joint studies on government and industry in the three countries' free trade area as soon as possible at the October 2009 leaders meeting of China, Japan and Korea. Against this background, the third China Japan ROK Leaders Conference held in Jeju Island, South Korea in May 30th, adopted the "2020 China Japan ROK cooperation outlook". The leaders of the three countries unanimously indicated that they would establish a three way cooperation Secretariat in South Korea in 2011 to speed up the negotiation of free trade, and strive to complete the joint study of China Japan Korea Free Trade Zone before 2012.

The global financial crisis has further determined the establishment of China, Japan and South Korea free trade zone. Currently, the export markets of major Asian countries are concentrated in Europe and the United States, which are likely to lead to economic abduction. After setting up a free trade area, tariffs and other trade restrictions among countries will be abolished, goods and other goods flows more smoothly, and the expansion of intra regional trade will increase the ability of the three economies to resist risks and achieve economic complementarity and win-win results.

According to the May foreign trade data released by the General Administration of Customs in June 10th, the proportion of China's exports of machinery and electronic products to Japan increased significantly in the Sino Japanese trade. A large proportion of them were processed trade. Most of them were exported from Japanese enterprises in China, belonging to intra industry and intra state trade. South Korea's imports from China have gradually changed from primary products to semi manufactured or manufactured products, and intra industry trade has become increasingly common.

Lv Kejian, director of the Asian Affairs Department of the Ministry of Commerce, said that the establishment of a free trade zone by China and South Korea and then the participation of Japan would have positive significance for promoting the economic and trade development in Northeast Asia. Of course, in some specific industries, there is complementary and competitive between China, Japan and Korea. Therefore, specific consultations are needed.

Maybe it is. Textile and clothing Industry opportunities

In recent years, with the rapid rise of China's processing and manufacturing industry, Japan and South Korea's product dominance has been declining year by year, and the gap in traditional industries has been narrowing. Japan and South Korea can only strive for wider cooperation with China in the traditional industrial transformation and new technology fields. The establishment of China Japan Korea free trade zone is related to China's difficulties in RMB appreciation and trade protectionism. Textile and garment industry Perhaps a new growth.

Of course, the different level of economic development is not only the foundation of regional economic cooperation, but also the important obstacle for the development of the free trade area. The liberalization of trade between countries with a large gap in development level will cause a greater impact on the industries concerned, which is bound to cause concern. Just as China's manufacturing industry is worried about Japan's high-tech manufacturing industry, Japan and South Korea's cheap textile and clothing products to China may impact their textile and garment industry.

According to Japan, all Japanese textiles Clothing enterprise The total number was significantly reduced. In all 24 industries, the proportion of enterprises discontinued was the highest in the textile and garment industry, and the annual value added per capita and cash income were the last in the garment industry. Japan's textile and apparel industry has declined. Perhaps it is a good opportunity for China's textile and garment industry.