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Third-Party Market Cooperation between China and Japan in ASEAN under "the Belt and Road" Initiative: Background, Opportunities and Challenges


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Title: Third-Party Market Cooperation between China and Japan in ASEAN under "the Belt and Road" Initiative: Background, Opportunities and Challenges
Authors: Su, Erdou / Xue, Jun / Xu, Yang
Issue Date: 30-Jun-2020
Publisher: 長崎大学経済学部 / Faculty of Economics, Nagasaki University
Citation: 長崎大学経済学部研究年報, 36, pp.67-81; 2020
Abstract: China and Japan signed the "Memorandum of Third-Party Market Cooperation between China and Japan" on May 9, 2018. It marked Sino-Japanese economic and trade relations formally changed from competition to cooperation. As an economy with great market potential and keeping close contact with China and Japan, ASEAN has become the first choice for the third-party market cooperation. In this context, this article studied the progress, feasibility, opportunities and challenges of China-Japan third-party market cooperation in ASEAN. The research results show that China-Japan third-party market cooperation has made important progress in establishing cooperation mechanisms, determining cooperation mode, and delineating priority cooperation areas. Besides, China and Japan jointly explore and develop the ASEAN market is not only beneficial to China's industrial upgrading and Japan's economic revitalization, but also promoting ASEAN's vision of interconnectivity planning. However, China-Japan cooperation in ASEAN also faces some challenges, such as lack of cooperation experience, interference from political factors, etc. China and Japan should work together to seek common ground while reserving differences.
Keywords: the Belt and Road Initiative / Third-party Market / Sino-Japan Cooperation / ASEAN
URI: http://hdl.handle.net/10069/40124
ISSN: 09108602
Type: Departmental Bulletin Paper
Text Version: publisher
Appears in Collections:Volume 36

Citable URI : http://hdl.handle.net/10069/40124

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