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    Reinjection Of "Strong Needle" In Foreign Trade: Seamless Connection Between Free Trade Area And Area

    2015/11/12 15:21:00 40

    Free Trade AreaAlong The WayThe United States TPP

    Adhering to the "one belt and one way" cooperation with the state and the foreign strategy of the country, and with the joint influence of the two strategies, frequent trade links between the two countries will also help build a logistics network system centered on China, so as to further promote the pfer of excess capacity in China.

    Recently, the central leading group of the comprehensive deepening reform held the eighteenth meeting, and deliberated and passed the series of documents on the promotion of the development and innovation of processing trade, the opinions on speeding up the implementation of the free trade area strategy, and the promotion of inclusive financial development plan (2016-2020 years).


    "Implementing the strategy of free trade zone is of great significance."

    Bai Pengming, a macroeconomic researcher at CIC, said in an interview with reporters that the establishment of the development center of FTA will radiate the surrounding urban areas to promote the coordinated development of the FTA and its surrounding economic cities.

    fta

    The establishment of China's own trade chain is conducive to the development of China's manufacturing industry, and gradually to the "big power". The implementation of the FTA strategy is conducive to deepening China's opening up to the outside world and promoting the establishment of an open economic system in China.

    The meeting stressed the importance of adhering to and promoting joint development.

    The Belt and Road Initiative

    "Closely linked with the foreign strategy of the country, adhering to the initiative of opening up and safeguarding national security, and gradually building a high standard free trade area network based on the periphery, radiating the" one belt and one road "and facing the whole world.

    Bai Pengming said that although the strategy of the free trade area is different from that of the "one belt and one way" strategy, there are similarities in some aspects.

    "Take East Asia as an example.

    China's "one belt and one road" construction must include East Asia. At the same time, East Asian countries have signed a FTA agreement with China. Under the combined influence of the two strategies, frequent trade contacts between the two countries are conducive to building a logistics network system centered on China, so as to further promote the pfer of excess capacity in China.

    Bai Pengming said.

    Data show that in the first 10 months of this year, China exported 11 trillion and 460 billion yuan, down 2%, and imports 8 trillion and 470 billion yuan, down 15.2%.

    Industry experts said that the year-on-year growth rate of exports has dropped, indicating that there has not been a trend of improvement in exports.

    The weak economic recovery of the developed countries and the turmoil of the emerging markets are still the main pressure for China's export.

    Therefore, the gradual improvement of the "one belt and one way" construction and the establishment of the free trade zone will become an important turning point in China's foreign trade.

    Xiao Benhua, executive director of the Pudong Research Institute of Shanghai Finance University, also said that strengthening the construction of free trade zones is conducive to promoting the long-term development of China's import and export trade.

    At the same time, it can also slow down.

    Us TPP

    The impact on China's import and export trade after its entry into force.

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