Understanding RCEP and CPTPP: from the perspective China’s dual circulation economic strategy

Jiang, Haiwei; Yu, Miaojie

doi:10.1080/17538963.2021.1933055

Cited by 22 publications

(12 citation statements)

References 11 publications

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“…Before this, the Association of Southeast Asian Nations (ASEAN) had signed several free trade agreements with China, Japan, South Korea, and other countries. After the RCEP agreement took effect, ASEAN can integrate many previous agreements to form a more efficient regional economic integration cooperation mechanism (e.g., References [ 97 ]), strengthening ASEAN’s leading position in international economic cooperation. Unlike the original China-ASEAN Free Trade Agreement (CAFTA) (e.g., References [ 98 ]), it adds material clauses and standard unit clauses that impose restrictions on direct transportation and uses rules of origin.…”

Section: The International Economic Impact and Sustainability Of The ...mentioning

confidence: 99%

The role of trade liberalization in promoting regional integration and sustainability: The case of regional comprehensive economic partnership

et al. 2022

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In globalization’s era, the sustainability of a region is inseparable from the in-depth and close economic and trade cooperation of intra-regional countries to achieve complementary advantages, intra-regional and extra-regional positive economic cycles, and stable and balanced benefits distribution. For Asia-Pacific countries, the lack of deep cooperation in the past has affected their sustainability, but this can be made up for by the RCEP agreement aimed at achieving intra-regional trade liberalization. We adopt the Global Trade Analysis Project (GTAP) simulation analysis method to quantitatively analyze the impact of changes in macroeconomic and international trade indicators of several intra-regional countries after implementing the RCEP tariff reduction and exemption on the RCEP. Simulation results and comparative analysis based on international relations prove that despite the interference of trade benefits conflicts and international political factors, the RCEP can still exist in long term, and effectively promote regional economic integration and sustainability in the Asia-Pacific region. It is also a development opportunity for intra-regional countries and can also be used in the context of globalization providing references for integration and sustainability in other regions.

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Section: The International Economic Impact and Sustainability Of The ...mentioning

confidence: 99%

The role of trade liberalization in promoting regional integration and sustainability: The case of regional comprehensive economic partnership

et al. 2022

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“…In China, a new economic growth plan is based on a “dual circulation” [ 15 ] economy, in which the domestic sector would dominate and the internal and external sectors would complement each other [ 16 ]. A significant portion of the service sector is non-tradable in the dual circulation strategy.…”

Section: Resultsmentioning

confidence: 99%

The Development of Equestrian Policies in China between 2015 and 2020

Adán

Rubia

2022

Animals

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China competed in equestrian sports for the first time at the 2008 Beijing Olympics. China’s modern equine business has developed significantly over the past decade, and the lessons from the expansion between 2015 and 2020 are important considerations as China implements further legislation to aid in the development of its modern equestrian sports. Equestrian sports can propel the Chinese horse industry forward, and the horse industry is a unique business in that it integrates one, two, and three industries, with much growth potential. This paper assesses the development of equestrianism in China from four perspectives: the general sports economic environment; the development of equestrian activities; the economic industries driven by equestrian activities; and relevant equestrian policies. Equestrian sports within China are currently facing problems, and recommendations are given. This paper is a single case study. The research utilized a qualitative approach, collecting data from official and semi-official documents. Through understanding the data collated and its analysis, equestrian sports can improve the speed and quality of their development under the influence of better-informed policy-making and a relevant economic model. It is expected that the wider related horse industry in China will also undergo more significant development.

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“…The aim of RCEP is to facilitate trade and investment and to increase transparency in trade and investment relations between the signatories to the agreement, as well as to facilitate the involvement of countries participating in the free trade area in regional and global supply chains. The achievement of this goal is to be ensured by the gradual reduction of more than 90% of customs tariffs and the elimination of non-tariff barriers to trade in goods, planned for a 20-year period of implementation of the provisions, excluding sensitive agricultural products -different for individual RCEP Member States (Ajibo et al, 2019;Jiang & Yu, 2021). Such a pattern of trade liberalization proves that despite the extending of trade agreements and their coverage of more products agriculture remains a sensitive 2,5-krotnie więcej niż łącznie w krajach UE i Ameryki Północnej.…”

Section: (4) 2022mentioning

confidence: 99%

“…RCEP also provides for the liberalization of trade in services to facilitate the fulfillment of RCEP countries' liberalization obligations under the General Agreement on Trade in Services and ASEAN+1 free trade areas. The opening of service sectors is to be carried out using the combination of a positive list, containing industries in relation to which commitments to liberalization have been made, and a negative list, on which industries excluded from liberalization are placed (Jiang & Yu, 2021). On the basis of the negative list, the flow of capital in the form of foreign direct investment in the industrial processing, agriculture, forestry, fisheries, and mining sectors is also to be liberalized.…”

Section: (4) 2022mentioning

confidence: 99%

Prospects for the Development of Polish Agri-Food Exports to the Regional Comprehensive Economic Partnership Countries

Ambroziak¹,

Szczepaniak²,

Pawlak³

2022

Zagadnienia Ekonomiki Rolnej / Problems of Agricultural Economi

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The aim of the article is to describe polish agri-food exports to countries that are members of the regional comprehensive economic partnership (rcep) and to assess the possibilities of developing exports of polish food producers to the markets of these countries. The study was conducted, among others, with the use of a synthetic perspective index based on the data from statistics poland and the wiTscomtrade database. The study shows that rcep countries have a relatively low share in polish agrifood exports (2.7% in 2021) and the trade is characterized by a permanently negative balance of food turnover. in the context of the growth prospects for polish exports, it is difficult to speak of the same product groups in all markets. on the contrary, the choice of a given market determines which products can be regarded as prospective in polish exports to this market. The products include not only processed, but also agricultural and low-processed ones. There is a risk that the agreement, which has been in force since the beginning of 2022, will cause the diversion effect, consisting in reducing the trade of rcep countries with non-rcep countries. This may make it necessary to adapt the trade strategy implemented on the asian market by eu countries, including poland, to the new conditions.

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Understanding RCEP and CPTPP: from the perspective China’s dual circulation economic strategy

Cited by 22 publications

References 11 publications

The role of trade liberalization in promoting regional integration and sustainability: The case of regional comprehensive economic partnership

The role of trade liberalization in promoting regional integration and sustainability: The case of regional comprehensive economic partnership

The Development of Equestrian Policies in China between 2015 and 2020

Prospects for the Development of Polish Agri-Food Exports to the Regional Comprehensive Economic Partnership Countries

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