Journal of Jishou University(Social Sciences)

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The Construction of China-ASEAN FTA under TPP and RCEP:Challenges and Response

ZOU Guoyong,WU Linling   

  1. (School of International Education,Wuhan University,Wuhan 430072,China)
  • Online:2016-03-01 Published:2016-04-28

Abstract:

As a whole,there are two paths for economic cooperation in the Asia-Pacific region:One is the “US FTA Map’,represented by Trans-Pacific Partnership Agreement dominated by the USA,the other is the “Asian FTA Map”,represented by Regional Comprehensive Economic Partnership carried out by 16 countries including ASEAN.During the development of China-ASEAN FTA,a series of fruitful achievements have been made in terms of trade in goods,services and mutual investments.Since the signing of TPP and RCEP negotiations make the pattern of the Asia-Pacific regional economic cooperation becoming more and more complicated and subtle,China-ASEAN FTA is faced with the impact and possibility of being diluted because of export competition between China and ASEAN countries.Under these circumstances,China should treat the ‘New Generation’ high-standard rules of TPP with an open attitude,make clear the defensive and positive interests in RCEP negotiations,and should build a China-focused FTA system under the background of ‘One Belt And One Road’,which is the only way to construct the China-ASEAN FTA more calmly and quietly under TPP and RCEP.

Key words: TPP, RCEP, the China-ASEAN FTA, Regional economic cooperation

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