The Study Of Service Trade Cooperation Among China Japan And Korea

The modern economy is Service Economy. Since the1980s, Trade in Services developed with strong momentum, the speed even largely faster than Trade in Goods. The key point of global economy has transferred from Goods to Services, and Services is increasingly becoming an important economical section which has a wide-ranging affiliation. This is also one of the characters of20th Century Economic development. Today, in international trade, the level of economic development and opening of a country or a region can be primely measured by the development level of its Trade in Services.In the wave of economic globalization and regional economic integration, Regional economic cooperation in Northeast Asia also achieved positive effect, like ASEAN,10+1,10+3etc. As three important economic powers in Northeast Asia, China, Japan and Korea’s economic and trade cooperation have attached world attention. With the rise of Trade in Services’position in international trade, China develop Trade in Services cooperation with Japan and Korea has become the general trend. In the fourth Leaders Meeting held in Tokyo in May2011, China and Japan and South Korea reached a consensus on many issues about service trade, especially in the cooperation of logistics information networks and tourism trade. The development of service industry began to be paid seriously attention by the leaders of these three countries. In March28,2013, The first round of negotiations of FTA duly held in Seoul, Korea. The cooperation of Trade in Services region surely will be a key issue during succession negotiation in the future.This thesis background with FTA negotiation, aims to enhance China, Japan and Korea’s exchange and cooperation, dissertates their Trade in Services’ competitive and complementarities. First, it expounds related background of Trade in Services and Free Trade Zone. On this basis, introduces current situation of Services and cooperation development, motivation of cooperate, and some disincentives of Trade in Services cooperation. Use revealed comparative advantage index and trade complementarities index to do empirical analysis. Finally, direct to the results, propose the policy suggestions of Trade in Services cooperation in FTA process.This paper is mainly constituted by the six chapters:The first chapter is an overview of the entire article ideas. Firstly, it introduces the background of putting up this issue, pointing out that to put forward the China-Japan-Korea FTA is under the development trend of regional integration and economy of service. Followed by summarizing the domestic and international research about service trade competitiveness and complementary cooperation of China and Japan and South Korea, and explains the research methods, the analytical frameworks, and the innovative and inadequacies of this article.The second chapter is the theoretical basis for this article. The economic analysis is inseparable from the support of the theory, and the theories included is as follows:regional integration theory, international trade theory, the applicability of comparative advantage theory for trade in services, and then leads to the porters "diamond model"-services trade competitiveness theory, which is generally accepted and applied in today’s research.The third chapter begins to enter the body part of this article. At first, it explains the development of service industry and the current cooperation situation in China, Japan and South Korea in details. Then, it makes a comparative analysis classified by industry, supplemented by a large number of data for reference, so that the dissertation is more rigorous.The fourth and the fifth chapter make an assistant analysis on the cooperation status about service trade in free trade zone, including the motivation of the cooperation and the problems and constraints encountered during the trilateral cooperation.The sixth chapter is the focus of this article, which makes an empirical analysis on service trade cooperation between China and Japan and South Korea by selecting RCA Index and trade complementarities index to do the quantitative analysis on the industry competitiveness and the degree of complementary between three countries. Because there are many factors to influence the analysis, so the resulting data may be slightly biased, which is also another deficiency of this article.The seventh chapter proposes some policy recommendations on trilateral cooperation according to the above analysis, aiming at enhancing the service trade exchanges and accelerating the building of free trade zone in China, Japan and South Korea.