ROK, China Strive for Mutual Economic and Trade Benefits

The President of the Republic of Korea (ROK) Roh Moo-hyun announced that Ko- rea fully recognized China’s market economy status. Roh’s announcement was made during a joint press conference with Chinese President Hu Jintao. who was on a state visit to ROK in November. China is now the largest trading part- ner of ROK, with trade volume between the two countries expected to reach 100 billion US dollars this year. The two leaders agreed that the bilat- eral trade volume should be doubled to 200 billion US dollars by 2012. A significant milestone having been reached between the two countries, what kind of impact can be expected to follow from the events in regards to the bilateral economic and trade relations between China and ROK? With such questions in mind. China’s Foreign Trade reporters in- terviewed Kim Ha-joong. Ambassador of ROK to China.

Global Value Chain Optimization Effect of the Belt and Road Initiative-From the Perspective of Improving Participating Countries’Position in the Division of Labor

To promote the reconstruction and optimization of the global value chains(GVCs),it is essential to tackle the prominent contradictions and problems including inequality of opportunity and status in the evolution of the GVC division of labor.The Belt and Road Initiative(BRI)promoted by China has obtained remarkable achievements in this regard;however,there lacks sound theoretical and empirical evidence as to whether the BRI has driven the GVCs to develop towards a more equitable direction.This paper employs the difference-in-differences model to empirically analyze the GVC optimization effect of the BRI.In addition,on the basis of the so-called“five-pronged approach”index,the paper uses the mediating effect model to test the mechanism of influence.The empirical results suggest that the BRI has helped participating countries along the routes to increase their position in GVC division of labor significantly through the mediating mechanism of four out of the“five-pronged approach”,namely policy coordination,road connectivity,unimpeded trade,and currency convertibility.The strengthening of and closer people-to-people ties has not yet appeared to be an effective mediator,and a possible explanation may be that its influence is indirect and lagging.

Intertextuality Based on Image Memory and Association in Shrek

This paper offers an analysis of the intertextuality based on image memory and association in Shrek.The author summarizes the significance and value of this analysis,finds out the mutual benefit of intertextuality and image memory and association,and can apply this mutual benefit in various markets.

Main Problems and Countermeasures of Realizing Mutual Benefit and Win-Win In "9+2" Mode

At present "9+2" mode has formally started up. However, the main problems facing its efficient function and realization of mutual benefit and win-win are innovation of cooperation mechanism and alignment of market mechanism. Therefore, all parties should actively promote the innovation and alignment of market mechanism, industrial structure, enterprise systems and government service, to realize mutual benefit and win-win.

For Mutual Benefits

Following years of political and economic turmoil,Ukraine is returningto the pro-Russia camp Ukrainian President Viktor Yanukovych started to change his predecessor Viktor Yushchenko’s pro-West policy after he won the country’s presidential election in February.

Cooperation of Mutual Benefit

After more than half a century of development, Sino- African economic and trade cooperation has created many achievements, benefiting both peoples.

Mutual benefits important to Sino-US ties

The following article appeared in China Daily ahead of President Xi Jinping s visit to the United States in April.The original language has been retained.