China's Economic Diplomacy In Post-Cold War Period

After the cold war, with the boost of economic globalization and regional economic integration, economic diplomacy becomes more and more important and attracts more attention over the world. China has been focusing on the central task of economic construction since we adopted the reform and opening-up policy. China blends into the international economy step by step.It's very necessary and important for china to launch economic diplomacy in such situation.The essay includes four parts, regarding the practice of china's economic diplomacy in post-cold war period as the main research contents, and trying to get a more comprehensive understanding about it.The first part defines what"economic diplomacy"is. The definition of economic diplomacy is not clear, different people have different opinions. This is because people's different explanation on"diplomacy". In this part, it tries to get a clear understanding about"economic diplomacy"by analyzing some famous Japanese scholars'and Chinese scholars'explanation. It also analyzes three kinds of economic diplomacy: economic assistance,economic sanctions and economic cooperation.The second part mainly analyzes the situation china faces in post-cold war period. Firstly, it analyzes the international situation when china's economic diplomacy arises. After the cold war, economy becomes the main factor in international relationship. For example,"economic first"is almost every country's strategic choice; Economic competition is the main theme in this era; International politics structure is changing with the change of international economic structure; Economic method is an important way to coordinate international relationship; Economic security is the main content of international security. Besides, economic globalization and regional economic integration promote the development of China's economic diplomacy.Secondly, it analyzes the inner situation when china's economic diplomacy arises. The boost of china's economic diplomacy is connected with the guidance of local diplomacy thought and foreign policy. Deng Xiaoping's economic diplomacy plays an important role. China has adopted the reform and opening-up policy since 1978.Economic development becomes the focus of China's development and economic interest is the main content of China's national interest. Diplomacy is based on internal affairs, so it must revolve around internal economic development. Reform and opening-up becomes the basic policy that China insists on for a long time. China pays more attention to develop economic relationship with every country and assimilates the achievements of civilizations over the world to develop economy.The third part focus on the history and characteristics of China's economic diplomacy in post-cold war period. Firstly, it analyzes the process of China's economic diplomacy. At the end of 2001,China becomes a member country of WTO. This event is a milestone. From the end of cold war to 2001,China's economic diplomacy developed initially. China blended into international economy through protracted and unremitting efforts. In this process, China's economic diplomacy and practice mainly centered on two masterstroke: one was to develop economic relationship and external trade,absorb foreign investment and join regional economic cooperation step by step. The other was to join WTO by national reform and negotiation with other countries. The second process is from 2001 to today. In this process, China's economic diplomacy develops in depth and becomes more and more mature. China's economic diplomacy gets new development in scope and depth. In bilateral diplomacy and multilateral diplomacy, China is active to develop economic diplomacy to every country, both developed countries and developing countries. Politics and economy are favorable to each other. China economic diplomacy will be more mature.Secondly, it analyzes the characteristics of China's economic diplomacy in four aspects. On the method, China usually adopts market method, not capital method or technology method that developed countries often adopt. On the content, China's economic diplomacy focus on developing external trade and foreign investment. On the principle, China connects economic diplomacy with the principle and objective that china's diplomacy insists on. China's economic diplomacy insists on equality and mutual benefit, developing the relations of friendship and cooperation. On the scope, China's economic diplomacy is widened and deepened.The forth part mainly analyzes the positive influence and prospect of China's economic diplomacy. Firstly, it analyzes China's economic diplomacy's positive influence to both in and out of China from three aspects. Generally speaking, China's economic diplomacy is favorable to peace and development over the world and district. China's economic diplomacy promotes China's peaceful development, advancing it's international position and influence.Secondly, it focuses on the challenges that China's economic diplomacy confront with. In post-cold war period, China's economic diplomacy faces a lot of challenges although it has a rich harvest. The main challenges can be generated as follows. China's economic development level is not yet high. There are many difficulties in economic system reform. There are different kinds of theories saying China is a threat, making negative influence in the world. Besides, energy and resources bottleneck is standing out in China's development.Thirdly, it analyzes the prospect of China's economic diplomacy. It is the inexorable trend for China to carry on economic diplomacy vigorously. How to develop economic diplomacy in order to protect and expand our national interest is the severe challenge that we confront with.