China and 10 ASEAN countries have fully completed negotiations on the Version 3.0 China-ASEAN Free Trade Area(CAFTA),a milestone in bilateral trade cooperation that will inject greater momentum and stability into the ...China and 10 ASEAN countries have fully completed negotiations on the Version 3.0 China-ASEAN Free Trade Area(CAFTA),a milestone in bilateral trade cooperation that will inject greater momentum and stability into the world economy.The achievement was announced during a special online meeting of economic and trade ministers from China and ASEAN on May 20,according to China’s Ministry of Commerce.CAFTA 3.0 will send a strong signal in support of free trade and open cooperation,said the ministry,noting that the agreement will inject greater certainty into regional and global trade and serve as a model for openness,inclusiveness and win-win cooperation.展开更多
This paper systematically reviews the institutional evolution of the China-ASEAN Free Trade Area(CAFTA),from its inception in 2002 and full establishment in 2010,through the CAFTA 2.0 upgrade in 2015,to the substantiv...This paper systematically reviews the institutional evolution of the China-ASEAN Free Trade Area(CAFTA),from its inception in 2002 and full establishment in 2010,through the CAFTA 2.0 upgrade in 2015,to the substantive conclusion of CAFTA 3.0 negotiations in 2024.It highlights the key institutional innovations along this trajectory and examines the structural complementarities between China and ASEAN in terms of clean energy resources and industrial capabilities.Based on this foundation,the paper develops a“policy-technology-capital”analytical framework to explain the transition of regional clean energy cooperation from initial resource-industry complementarity toward deeper institution-market integration.Guided by this framework,the study proposes a roadmap and concrete policy recommendations for regional cooperation through 2030.These include:aligning regional emissions targets and renewable energy share goals;establishing a mutual recognition system for green standards;building a digitalized green supply chain and carbon traceability platform;designing cross-border green finance corridors;and constructing integrated electricity-hydrogen-storage corridors in synergy with the Belt and Road Initiative.The study concludes that,if effectively implemented,these measures could raise the regional share of renewable electricity generation to over 30%by 2030.China and ASEAN would then be well positioned to lead in forming a low-carbon,interconnected,and shared regional energy community,offering a replicable and scalable model for low-carbon transition across the Global South.展开更多
In recent years,changes in the global economic situation and the continuous promotion of regional cooperation have driven China-ASEAN Free Trade Area(CAFTA)development from version 1.o to 2.0,and then 3.0.As a core pl...In recent years,changes in the global economic situation and the continuous promotion of regional cooperation have driven China-ASEAN Free Trade Area(CAFTA)development from version 1.o to 2.0,and then 3.0.As a core platform for China-ASEAN open cooperation,China-ASEAN Expo(CAEXPO)has always been committed to the construction of CAFTA.Leveraging its institutional platform advantages,it has continuously injected impetus into regional economic integration.展开更多
文摘China and 10 ASEAN countries have fully completed negotiations on the Version 3.0 China-ASEAN Free Trade Area(CAFTA),a milestone in bilateral trade cooperation that will inject greater momentum and stability into the world economy.The achievement was announced during a special online meeting of economic and trade ministers from China and ASEAN on May 20,according to China’s Ministry of Commerce.CAFTA 3.0 will send a strong signal in support of free trade and open cooperation,said the ministry,noting that the agreement will inject greater certainty into regional and global trade and serve as a model for openness,inclusiveness and win-win cooperation.
文摘This paper systematically reviews the institutional evolution of the China-ASEAN Free Trade Area(CAFTA),from its inception in 2002 and full establishment in 2010,through the CAFTA 2.0 upgrade in 2015,to the substantive conclusion of CAFTA 3.0 negotiations in 2024.It highlights the key institutional innovations along this trajectory and examines the structural complementarities between China and ASEAN in terms of clean energy resources and industrial capabilities.Based on this foundation,the paper develops a“policy-technology-capital”analytical framework to explain the transition of regional clean energy cooperation from initial resource-industry complementarity toward deeper institution-market integration.Guided by this framework,the study proposes a roadmap and concrete policy recommendations for regional cooperation through 2030.These include:aligning regional emissions targets and renewable energy share goals;establishing a mutual recognition system for green standards;building a digitalized green supply chain and carbon traceability platform;designing cross-border green finance corridors;and constructing integrated electricity-hydrogen-storage corridors in synergy with the Belt and Road Initiative.The study concludes that,if effectively implemented,these measures could raise the regional share of renewable electricity generation to over 30%by 2030.China and ASEAN would then be well positioned to lead in forming a low-carbon,interconnected,and shared regional energy community,offering a replicable and scalable model for low-carbon transition across the Global South.
文摘In recent years,changes in the global economic situation and the continuous promotion of regional cooperation have driven China-ASEAN Free Trade Area(CAFTA)development from version 1.o to 2.0,and then 3.0.As a core platform for China-ASEAN open cooperation,China-ASEAN Expo(CAEXPO)has always been committed to the construction of CAFTA.Leveraging its institutional platform advantages,it has continuously injected impetus into regional economic integration.
