Department of Asian Secretary Luc Jay on June 10, said that China's economic and trade cooperation with Asian countries has been restored and even more than before the outbreak of the financial crisis compared to the same level, China and other Asian countries economic and trade cooperation basis more consolidation, more closely.
Luc Jian 10, in the Department of Commerce's "China and the Asian countries economic and trade cooperation thematic press conference," said that the first four months of this year, China and other Asian countries trade up to a total of $ 4583 billion, an increase of 45%, with the Asian countries, exports and imports respectively, an increase of 30 percent and 60.2 per cent. Asian countries and regions of the actual investment in China 219 billion, an increase of 24.3 per cent.
Why to Asia from the financial crisis lead to recovery? Morgan Stanley company (Asia) Chairman Stephen · Roche in the United Kingdom in the Financial Times wrote that, first, Asia is a great way to learn from the 1997-1998 the painful lessons of regional crises, secondly there is no doubt the Chinese factor.
This point of view of thrift with Luc. In his view, experience the 1997 Asian financial crisis of structural adjustment, the Asian financial system and economy quality has been greatly improved, and the ability to resist the crisis has been increasing, while China and India and other emerging economies strong growth, has become an important engine of regional development.
Were compared to the "Dragon" and "like" China and South Asia's largest trade partner in India, a total of over 25 million people, approximately one-third of the global population. In Europe and the United States and other developed economies have plunged into deep recession, China's economic growth rate reached 2009 8.7 per cent, while India Central Bureau local time 5/31/publishing's latest announcement that India 2009-2010 fiscal year (ending on 31 March this year) gross domestic product (GDP) for the 9700 billion, an increase of 7.4 per cent.
Bright figures are for Asian countries and regions and economic dependence between rising, and corresponds to the Chinese market for the Asian economy growing importance and powerful "centripetal force".
At present, China is Japan, Korea, North Korea, Mongolia, India and Viet Nam's largest trading partner. In 2009, for the first time in China more than United States become Japan's largest export market, more than Singapore, United States and Japan, as Malaysia's largest trading partner. Customs 10, the latest data show that China's in ASEAN countries trading partner's ranking rose to 3rd place.
Since China's imports from Asian countries increase well above the growth rate, China's exports to Asian countries trade deficit continues to expand. 2009 China trade deficit with Asia countries amounted to $ 349, the first four months of this year, the deficit has reached 455 million, a record year.
There is no doubt that China and other Asian countries economic and trade cooperation is not a piece of anterior many twists and turns. Luc Jay said, parts of Asia Council or the security situation troubles, part of the national economy has overheated and individual countries trade protectionism, and other factors that make our country and the countries and areas of cooperation are facing uncertainty and even greater risks.
From the Department of Commerce's early-warning information is displayed, only the month of June, India, Turkey, the Philippines and other countries from our sewing machine needles, angle steel and rubber additives and other product launch trade remedy investigations.
To this end, Luc Jay, in recent years, China and other Asian countries bilateral mechanism maturing, will be held at regular or periodic meetings and pragmatic solutions to problems in the cooperation. At the same time to strengthen the bilateral cooperation of predictability and to boot, has worked with many Asian countries have developed plans for the development and long-term economic and trade cooperation or expansion and deepening of bilateral trade and economic cooperation signed an intergovernmental agreement, which will undoubtedly enhance our economic and trade cooperation with Asian countries and the prolonged effects of normative.
In particular, in regional cooperation, the South Korean free trade zone official industry-university joint research has been completed, the parties will strive for in the second half of this year or the first half of next year to launch the intergovernmental negotiations. South Korea free trade zone official industry-university joint research in early May of this year, has officially launched, the year will be held in Japan and China in the second and third meetings of the joint research, third-party in 2012, the leaders of the three countries to complete the study before the meeting.
"This is a very positive signal. "Luc Jay said," this joint research to further accelerate, strengthen the ROK, in the Northeast Asia Economic and trade cooperation of positive significance ".
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