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The Free Trade Area And The Area Along The Way Seamlessly Connect The Foreign Trade Environment Better.

2015/11/15 15:27:00 35

Free Trade AreaAlong The WayForeign Trade

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).

"Implementation

fta

Strategy is of great significance.

In an interview with the Securities Daily, Bai Pengming, a macroeconomic researcher at CIC, said that the establishment of the development center of FTA will bring radiation to the surrounding urban areas, so as to promote the coordinated development of the FTA and the surrounding economic cities. The establishment of the FTA is conducive to the formation of our own.

Trade chain

To promote the development of China's manufacturing industry, and gradually to the "big power", and to implement the strategy of free trade area is conducive to deepening China's opening up to the outside world and promoting the establishment of China's open economic system.

The meeting stressed the importance of adhering to and building a "one belt and one road" approach to the country's foreign strategy, and adhering to the initiative of opening up and safeguarding national security, and gradually building a "base on the periphery" and "radiation".

The Belt and Road Initiative

"Global standard free trade area network.

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 the impact of TPP on China's import and export trade.

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.


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