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    China Japan South Korea FTA Negotiations And Consultation To Cancel Tariff Important Issues

    2014/6/17 21:33:00 72

    ChinaJapan And South KoreaFTA AgreementsTariffs

    < p > Japan, China and Korea began the mid term Conference on the negotiation of free a href= "http://www.91se91.com/news/index_q.asp" > trade agreement < /a > (FTA) in Tokyo the same day.

    < /p >


    < p > on the agenda of 18 days, the three parties will conduct work consultations for the fifth meeting scheduled for summer in China to discuss ways to promote negotiations in the future.

    < /p >


    < p > in the FTA negotiations between Japan and China, the three sides continued to coordinate the negotiation framework for eliminating tariffs and the main issues of accession to the agreement.

    The mid-term meeting is expected to be further consolidated in these areas.

    < /p >


    < p > Japan, China and South Korea announced the launching of FTA negotiations in November 2012.

    Japan hopes to take the lead in Japan, China and South Korea FTA before the three countries' participation in the "East Asian regional comprehensive economic partnership" (RCEP) negotiations.

    < /p >


    < p > in recent years, with the expansion of the global economic center and the expansion of trade scale, it is imminent to accelerate the integration of Asian economy and trade.

    Data show that the proportion of Asia's exports to Europe and the United States has declined significantly in the past 10 years, but the proportion of intra regional trade has risen sharply, and intra regional trade has become more compact, forming a China Centered Asian value chain and a new "goose array" model.

    Since 2000, the volume of trade between China and its neighboring countries has increased from about 100000000000 US dollars to US $1 trillion and 300 billion. It has become the largest trading partner, largest export market and important source of investment for many neighboring countries.

    At present, the trade volume between China and its neighboring countries has exceeded the sum of trade volume between China and Europe and the United States.

    In the unprecedented development trend of Asia, the pulling effect of China is becoming more and more prominent.

    In the next five years, China will release $64 trillion in purchasing power and is expected to become the largest and fastest growing import market in the world.

    < /p >


    After P eighteen, the strategy of China's free trade zone has been speeded up. China has signed 12 free trade agreements with ASEAN, Pakistan, New Zealand, Peru, Costa Rica, Switzerland, China Hongkong and other countries and regions, and the total trade volume exceeds 1 /4 of China's total import and export volume.

    But in contrast, the China Japan ROK FTA negotiations, which were launched in 2002, are lagging behind the Asian FTA strategic process.

    < /p >


    In accordance with the specific requirements of the the third Plenary Session of the 18th CPC Central Committee decision, the Ministry of Commerce will speed up the implementation of the free trade zone strategy on the basis of its periphery this year, and lay the foundation for the future formation of a high standard free trade area network oriented to the world by building a high level and wide field of free trade area.

    This year, the Ministry of Commerce focused on the negotiation of the FTA, mainly the three negotiations between China and Korea free trade area, China Japan Korea Free Trade Area and regional comprehensive economic partnership RCEP.

    < /p >


    < p > analysts pointed out that the establishment of China Japan Korea Free Trade Zone will bring huge industrial benefits, help to optimize the industrial structure of the three countries, and gradually upgrade the level of industrial division and the efficiency of resource allocation in the region.

    The convenient flow and integration of production factors such as commodities, capital and labor between the three countries will help to reduce production costs in Northeast Asia, improve the overall satisfaction and social welfare of the three consumers, enhance the level and level of division of labor in the Asian value chain, and form an important complement to the RCEP (regional comprehensive partnership agreement), and further boost the development of economic integration in the Asia Pacific region.

    < /p >


    Among the listed companies of < p > A shares, China Japan Korea Free Trade Zone related concepts: Ruyi group (000626), new Beiyang (002376), Dalian International (000881) and Lianyungang (601008) deserve attention.

    < /p >


    < p > Ruyi group: a subsidiary holding 52% of the company's large property, mainly manages and acts as the state to regulate the import and export business of commodities, to manage technology import and export, barter trade and entrepot trade.

    Ruyi group recently announced that the subsidiary of Yuanda bulk products Group Co., Ltd., with its 98% holding subsidiary, Ningbo Yuanda International Logistics Co., Ltd., jointly invested in the Shanghai free trade pilot area to set up Shanghai Yuan Sheng Storage Management Co., Ltd. (provisional name), which mainly engaged in international shipping agency business, warehousing management, cargo packing, road handling and loading, intermodal agency, and cargo storage services.

    < /p >


    < p > it is worth mentioning that the 2013 annual report shows that the company's Monetary Fund is close to 3 billion, and its market value is only 1 billion 600 million.

    < /p >


    < p > {page_break} < /p >


    < p > Dalian International: the company is mainly engaged in ocean pportation and import and export business.

    In recent years, the company's import and export business has maintained a good momentum of development. It has developed a variety of long line imported cars, rubber oil, < a target= "_blank" href= "http://www.91se91.com/" > clothing > /a, agricultural products, machinery and equipment, and local government's import equipment bidding and procurement business, which has a certain competitive advantage.

    The company has actively developed import and export trade, and the import business of clothing and petrochemical products has increased considerably over the past year. Bidding business mainly based on mechanical and electrical equipment is progressing smoothly.

    < /p >


    < p > New Beiyang: the company's products have been exported to Europe, North America, Asia Pacific and many other countries and regions.

    The company has established stable strategic cooperative relations with famous international manufacturers such as Germany WINCOR, USA CRS, Germany QUAD and so on. The products have successfully entered Korea LG, Lufthansa, Germany and other enterprises.

    The company also works with overseas manufacturers to sell embedded printers to the Japanese lottery market, Korea and Israel bank.

    < /p >


    < p > Lianyungang: Lianyungang, located in the north of Jiangsu province and the southwest coast of the Yellow Sea Haizhou Bay, is an important part of the East China port group. As the starting point of the east end of the Longhai and Lanxin railway, Lianyungang port is the most convenient and convenient outlet for the eleven provinces and autonomous regions of northern Jiangsu, Shandong, southern Anhui, Anhui, Henan, Henan, Henan, Anhui, Hubei, Hubei, China, etc.

    < /p >


    < p > the company acquired the qualification of the first batch of coke, coking coal and iron ore futures delivery warehouses in Dalian commodity < a href= "http://www.91se91.com/news/index_s.asp" > trading > /a >, and the qualified warehouse receipt of the first batch of coking coal in Bohai commodity exchange. The average equipment integrity rate and utilization rate maintained a relatively high level.

    < /p >

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