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◆China-Japan-Korea Free Trade Zone Helps Rapid Economic Development of the Three Countries
Location:JIAXU > China-Japan-Korea Free Trade Zone Helps Rapid Economic Development of the Three Countries
Date:2016-4-3
On the morning of September 16, Shen Danyang, spokesman of the Ministry of Commerce, said at a regular press conference that the China-Japan-Korea Free Trade Zone negotiations have made positive progress. The three parties have agreed to include e-commerce, environment, and cooperation in the agreement and set up corresponding work. group. As early as 2002, the concept of the China-Japan-Korea Free Trade Zone was proposed, and the completion of the free trade zone will further improve the rapid economic development of China, Japan and South Korea.
           
       The analysis shows that the China-Japan-Korea Free Trade Area will benefit the transportation industry in the long term. China-Japan-Korea trade mode is dominated by shipping, with the largest revenue from ports and shipping. Listed companies such as Yingkou Port, Jinzhou Port, China Shipping Development and China COSCO benefited from increased food exports; Tianjin Port, Ningbo Port, Lianyungang, COSCO Shipping, CSCL and China COSCO benefited from increased machinery-related imports.
        In addition, with the increase in trade volume in the free trade zone, highway companies in the region are expected to benefit. The establishment of the China-Japan-Korea Free Trade Zone will also greatly promote the business exchanges between the three places, which will benefit the growth of passenger and cargo traffic on Japan-South Korea routes.