The Tenth Anniversary of Free Trade Pilot Zones in China:Fundamental Experiences and Enhancement Strategies

Since the 18th National Congress of the Communist Party of China,the country has established 21 Free Trade Pilot Zones(FTZs),achieving significant pioneering results in reform and opening up and creating a strong demonstrative effect nationwide.The basic experience from a decade of FTZs includes:adhering to the centralized and unified leadership of the CPC Central Committee;combining top-level design with encouragement of grassroots innovation;leveraging the distinct characteristics and strengths of FTZs to form a differentiated development pattern;maintaining the integration of opening up with domestic reforms;using openness to drive reforms;and organically combining openness with national security assurance.Under the current and future new circumstances,China’s FTZs face new challenges and tasks.In accordance with the directives of the 20th National Congress of the Communist Party of China,an enhancement strategy for the FTZs needs to be implemented.This involves the following:First,accurately understanding and responding to the changing situation to create strategic opportunities.Second,shifting paradigms to implement innovation-driven strategies,using the new development pattern concept to guide the reform experiments and construction of the FTZs.Third,granting more autonomy to FTZs for reforms,pursuing progress while maintaining stability,and solidly advancing the reform experiments in the FTZs.Fourth,orderly expanding the opening up of the service sector and cautiously advancing the internationalization of the renminbi.Fifth,promoting innovative development in trade to build a strong trade nation.Sixth,establishing synergy with bilateral FTZs,Belt and Road cooperation,and national diplomatic strategies to enhance the linkage effect.

Exploration of the Construction of Economic Service Trade System under the Background of Hainan Free Trade Port

China has a large population,a large middle-income group,and a wide consumer market coverage.In the context of economic globalization,the connection between the Chinese economy and the world industrial chain has been further strengthened,contributing to the development of the global economy.Under the background of the Hainan Free Trade Port,building an economic service trade system will help to create a new highland for economic service trade,promote the development of China’s service trade,and facilitate the rational allocation of resources on a global scale.Because of this,the article will analyze the opportunities for building an economic service trade system and the challenges of building an economic service trade system under the background of Hainan Free Trade Port,and focus on analyzing the path strategies for building an economic service trade system to create a high-level new highland of service trade and actively face the challenges of era development and economic upgrading[1].

Innovative Exploration and Research on International Exchange and Cooperation Mechanisms under the Background of Hainan Free Trade Port

In order to explore and foster innovation in international exchange and cooperation,this study focuses on the background of the construction of the Hainan Free Trade Port.It delves into the current development status,characteristic demands,and potential challenges of its international exchange and cooperation mechanisms.Through a comprehensive analysis of relevant cases,survey questionnaires,and literature,this study aims to provide feasible innovative models and recommendations to promote the sustained development of the Hainan Free Trade Port in the field of international exchange and cooperation,injecting new vitality into China’s economic globalization.This exploration contributes to a deeper understanding of the development of free trade ports and provides insights and references for other countries and regions.

Has China-ASEAN Trade opening increased China’ s carbon emissions?

This study uses carbon emission data at the provincial level in China between 1998-2018 and the proportion of the total import and export trade between provinces and the Association of Southeast Asian Nations(ASEAN)in GDP to measure the level of China-ASEAN trade openness.It examines the impact of China ASEAN trade openness on carbon emissions and its transmission mechanism,and selects the RMB/USD exchange rate as an instrumental variable to address the endogeneity of China-ASEAN trade openness variables.The impact of China-ASEAN trade openness on China’s environment is estimated within a two-stage least squares framework.The results show that trade openness between China and ASEAN positively impacts China’s environment and can facilitate carbon emission reduction.The scale,structural,and technology effects brought by China-ASEAN trade liberalization jointly promote China’s carbon dioxide emission reduction.An inverted“U”relationship is found between economic growth and environmental quality in China,and some provinces and municipalities have now crossed the inflection point of the curve,in which carbon emi ssions decrease with an increase in per capita wealth.

Impact of China-ASEAN Free Trade Area on China's International Agricultural Trade and Its Regional Development

This study aims to examine the impact of the China-ASEAN Free Trade Area （CAFTA） on China＇s international agricultural trade and its regional agricultural development, using the Global Trade Analysis Project model and the China Agricultural Decision Support System. Our analysis showed that： （i） CAFTA will improve resource allocation efficiencies for both China and ASEAN and will promote bilateral agricultural trade and, hence, will have positive effects on the economic development of both sides; （ii） CAFTA will accelerate China＇s export of the agricultural commodities in which it has comparative advantages, such as vegetables, wheat and horticultural products, but at the same time bring about a large increase in imports of commodities such as vegetable oil and sugar; and （iii） CAFTA will have significantly varying impacts on China＇s regional agricultural development because of large differences in the agricultural production structure in each region. Our results indicate that agriculture in the northern, northeastern and eastern regions of China will benefit from CAFTA, whereas agriculture development in southern China will suffer. Those regional specific impacts are quite different from the effects brought by multilateral free trade treaties, such as those of the WTO, which usually have positive effects on south China but negative impacts on the northern and western parts of China.

A Comprehensive Bibliometric Analysis of China’s Free Trade Zones:Status and Evolutionary Trends

The China free trade zone,crucial for advancing a new open economy,has gained significant attention lately.We analyzed 885 papers from Peking University Core and CSSCI journals(2012-2023)using CiteSpace for visualization.Our research results indicate that the literature on China’s free trade zone peaked with 171 articles in 2015,and gradually returned to an average of 45 articles per year.The main research focuses in this field include“institutional innovation”,“negative list”,“financial innovation”,“financial openness”,“opening up to the outside world”,and“economic growth”.In addition,cutting-edge analysis indicates that“dual circulation”and“blockchain”are future research trends.The main authors of the literature include Yang Bin,Zhu Xiaolin,Yuan Bo,Li Meng,Zhao Liang,and others.Their affiliated institutions,research institutes,and universities have not yet formed a clear core circle of authors;The top three research institutions with the highest number of publications are the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce,Kaiyuan Law School of Shanghai Jiao Tong University,and the Comprehensive Research Institute of the Free Trade Zone of Sun Yatsen University.This article delves into the current hot topics and progress in the research of China’s free trade zones,providing important references and inspirations for future scholars in this field.

Achievements and Problems of Reform of Investment Management System for Shanghai Pilot Free Trade Zone

The establishment of Shanghai Pilot Free Trade Zone provides many possibilities for China's economic construction. This paper made a comparative analysis on investment management system of Shanghai Pilot Free Trade Zone and traditional investment management system,discussed achievements and problems of reform of investment management system of Shanghai Pilot Free Trade Zone,and finally came up with pertinent policy recommendations.

Position and Roles of Shipping Culture in the Construction of Shanghai Free Trade Zone

The roles of shipping culture were introduced firstly,and then the development situation of Shanghai Free Trade Zone was analyzed. Finally,the ration between shipping culture and the construction of Shanghai Free Trade Zone was discussed to provide reference for the development of Shanghai Free Trade Zone.

Translation of Company Name swithin a Trade Globalization Context--A Case Study of Wuhan Pilot Free Trade Area

Under the further development of trade and economic globalization,the construction of free trade area provides a platform for local enterprises to"go out".In this context,the English translation of company names in Wuhan Pilot Free Trade Area is the basic guarantee for the company to further integrate into the international trade market.Based on the investigation of the current situation of translation of company names in Wuhan Area and the analysis of the problems in the translation,this paper puts forward some specific suggestions to improve the translation quality of company names.

Establish New Heights in Free Trade

The first International Forum on Free Trade Zone Development was held in Haikou,Hainan Province on May 21st.Delegates from both home and abroad held deep discussions about how to establish high-level international trade rules,expand access for foreign capital,safeguard fair competition,improve corporate legal and mechanism guarantees and increase policy predictability.The forum also shed light on mutually beneficial development opportunities.

International Forum on Free Trade Zones Development 2019

The International Forum on Free Trade Zones De velopment 2019 was held in Haikou,Hainan on May 21.Gao Yan,Chairperson of China Council for the Promotion of International Trade(CCPIT),Kevin Michael Rudd,Australia’s former Prime Minister,Tan Kok Wai,Malaysia’s Prime Minister’s Special Envoy to China and Chairman of the Malaysia-China Business Council and Shen Xiaoming,Governor of Hainan Province addressed the opening ceremony.

China-Japan-South Korea Free Trade Zone on Track for Fast Development

'The construction of the China-Japan-South Korea Free Trade Zone and the reaching of a comprehensive and high-level agreement will bring benefits to the three parties,'said Chinese Premier Li Keqiang at the press conference at the second session of the 13th National People’s Congress.During this year’s NPC and CPPCC, Wang Shouwen, Vice Minister of Commerce and Deputy China International Trade Representative, also said that this year will see the holding of an important meeting between leaders from China, Japan and South Korea.

Study of Factors Influencing China-ASEAN Agricultural Product Trade Development in the Context of"the Belt and Road"

This paper reviewed and analyzed the current situations and influencing factors of the bilateral agricultural product trade development in China-ASEAN Free Trade Area(CAFTA),which has important practical significance for promoting the in-depth development of the free trade area and has guiding significance for precise policy implementation.Based on the status of import and export trade of agricultural products in CAFTA from 2013 to 2017,it constructed a trade gravity model.With the aid of Stata 14.0 software,it explored major factors influencing the development of bilateral agricultural trade from the total amount of agricultural products import and export and Commodity Indexes for the Standard International Trade Classification,Revision 3(SITC Rev.3)agricultural product classification data.The empirical regression results show that the GDP of ASEAN countries,the ratio of agricultural added value to GDP,and the per capita gross national income(GNI)measured based on the purchasing power parity(PPP)exchange rate have the greatest impact on agricultural product trade in CAFTA in the context of"the Belt and Road"(B&D).Based on empirical research,it came up with recommendations including adjusting the import and export structure of agricultural products,enhancing product competitive advantages,and implementing diversified markets.

TPFTZ(Tianjin Port Free Trade Zone)——A New Pattern of China's Openning to the Outside World

Under the guidance of Deng Xiao-ping’s strategic think-ing of openning to the outside world, the structure of om-nibearing openness has basically taken shape in China. Follow-

China Accelerates Free Trade Zone Establishment

The Opinions on Acceleration of Implementation of Free Trade Zone Strategy,which was issued by the State Council in the end of 2015,clearly proposed the establishment of high standard global FTA(free trade zone)network that is based on surrounding countries regions and covers the'Belt and Road'region.As of now,China has signed 14 FTA agreements with 22 countries and regions,including ASEAN(Association of Southeast

Hainan Island to Construct Free Trade Pilot Zones

In April of 1988,the establishment of Hainan Province was officially approved at the first session of the 7th National People’s Congress and Hainan Island was designated as a special economic zone.Since then,the beautiful Hainan Island has embraced unprecedented development opportunities and entered into a new historical stage of deepening reform and opening up economically.By virtue of continuous efforts throughout the past 30 years,Hainan has turned into an important portal for China’s reform and opening up as a frontier island.

China Champions Multilateralism and Free Trade

THE G20 Osaka Summit in Japan convened on June 28-29 had the world hold its breath. Not only were front-burner issues, such as WTO reform and digitalization of the economy, discussed there, but there was much fanfare around the first high-level meeting between China and the United States since the last G20 summit in Buenos Aires late last year. Given the mounting trade tensions between the two countries, the meeting took global center stage.

Pilot Free Trade Zones:Taking Reform and Opening-up to New Heights

CONSTRUCTION of Pilot Free Trade Zones(PFTZs)is a strategic measure of China’s reform and opening-up policy.Since the 18th National Congress of the Communist Party of China(CPC),it has taken the policy’s effectiveness to new heights.

The Ternary Marginal Extension of China's Free Trade Zone Development

This paper attempts to establish a framework of upgrading mechanism in China's foreign economic opening strate莒y in order to conclude the new connotation of upgrade for China's foreign economic opening,with the basic starting point of ternary marginal extension on extensive growth,in the perspective of corporate heterogeneity theory.It also involves the new path of the transformation from"quantity1'to"quality"regarding the amounts,models and locations of China's foreign trade and investment.At last,this theoretical frame is complemented upon a case study of free trade zone and regional cooperation of Guangdong,Hong Kong and Macao.