Concept of China-ASEAN Common Market:Vision,Motivation and Path
After more than 30 years of development cooperation,China and ASEAN have become each other's most important economic and trade partners,forming an intertwined pattern in the global industrial chains,supply chains,value chains and innovation chains.Currently,as anti-globalization trends rise and geopolitical dynamics undergo drastic changes,the world economy faces such significant risks as severe differentiation,shrinking demand and weak growth.Against this backdrop,China and ASEAN should join hands to create a common market beyond the traditional free trade zone framework,as a strategic option to address anti-globalization trends and prevent geopolitical crises from interfering with national and regional development processes.Looking to the future,China and ASEAN can promote the realization of a higher level of regional economic integration through the joint construction of a non-exclusive common market based on the principles of respecting national sovereignty and governance rights and promoting the free flow of goods,services,capital,technology and knowledge,and characterized by docking and integration of mutual economic rules and standards.
China-ASEAN relationsgeopolitical riskseconomic integrationcommon marketEU common market
万方数据
维普
