Hong Kong media: China and South Korea restart the service industry negotiations, start the "win -win situation of the two countries"

Author:Global Times Time:2022.07.29

Thailand's "National Daily" article on July 28th, original topic: China hopes to reach a win -win free trade agreement with South Korea in the second stage of China Ministry of Commerce spokesman recently said at the video conference that the second stage of the free trade agreement between China and South Korea The negotiations have made substantial progress, and the Chinese side hopes to achieve a win -win results.

China and South Korea reached a bilateral free trade agreement in 2014 and officially signed the following year. Since then, the two countries have launched eight rounds of tariffs, and China has exempted more than 40%of tariffs on imports from South Korea. The current negotiations are mainly concentrated in high -level service trade and investment liberalization based on negative lists. Data show that in the first half of this year, the trade volume of these two Asian countries reached US $ 184.25 billion, a year -on -year increase of 9.4%. In 2021, the bilateral trade volume of the two countries exceeded 360 billion U.S. dollars, which was 72 times when the two countries had established diplomatic relations in the past 30 years.

China and South Korea have formed a deep integration, stability and smooth industrial chain and supply chain. Relevant experts said that given that China and South Korea have strong industrial coordination, complementarity, and the willingness and commitment of the two governments to promote such cooperation, it is expected that the economic and trade cooperation between the two countries will remain stable.

Hong Kong's "South China Morning Post" July 28 article, original topic: China and South Korea restart service industry negotiations, and open analysts of "win -win situations for economic economic" that China and South Korea's recovery are designed to further open the service industry, which may represent "two two Economy's win -win situation. " The Ministry of Commerce of China stated that the two parties "conducted in -depth consultations on the issues of issues such as cross -border service trade, investment and financial services and the market access issues of negative lists and made positive progress."

Although it has been restored, the negotiations are still uncertain, because the new Korean government led by Yin Xiyue seeks to strengthen cooperation with Europe and Australia to reduce dependence on trade in China. The Korean government is still strengthening the alliance with Western countries led by the United States. However, although the Korean government's foreign economic policy seems to have changed, analysts believe that South Korea can still benefit from the opening of the service industry.

Li Chengxin, a researcher at the China Economic and Trade Group of South Korea's Foreign Economic Policy Research Institute, said: "Due to the decline in the competitiveness of Korean manufacturing products, it is now more willing to accept the idea of ​​opening the market in the service field." This may be the win -win situation of the two economies. Korean workers can provide medical, public health and online education services in China. The demand for these services is very large. "

Kim Jongtee, director of the service trade and industrial organization of South Korea's Foreign Economic Policy Research Institute, said: "China can benefit from the service market in the opening of the financial and game industry in South Korea. South Korea can also benefit from China's open and the same industry and entertainment industry." China is South Korea. The largest trading partner, and South Korea is China's fifth largest trading partner.

Li Dongkui, a Chinese affairs researcher at the Institute of Enshan Policy Research in Seoul, believes that the progress of the negotiations of the agreement may be affected by the geopolitical environment of China. Inhibit the influence of the United States and increase your influence. " (Author Kim Bo-Eun, translated by Qiao Heng)

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