On the China Pilot Free Trade Zone and the Institutional Reform of the Comprehensively Open Economy

The status and prospects of development of trade and economic relations between Ukraine and China are considered. It is proved that bilateral cooperation in the trade and economic sphere has made significant progress. In 2012–2017, China was the second largest trading partner of Ukraine after Russia. However, the problem of imbalance in imports and exports between Ukraine and China has not yet been resolved. In addition, the scale and number of projects in which Ukraine attracts Chinese investment is much less than investments from European countries and the United States. It is justified that trade and economic cooperation between Ukraine and China is at a new historical stage. On the one hand, Ukraine signed the Association Agreement with the European Union, and on January 1, 2016, the rules of the free trade zone between Ukraine and the EU entered into force. This helps to accelerate the integration of Ukrainian economy into European one. On the other hand, the global economic downturn requires the introduction of innovations in the model of cooperation. The Chinese initiative “One belt is one way” is one of the variants of the innovation model of cooperation. Its significance is to unite the Asia-Pacific region with the EU in order to join the Eurasian Economic Union, create a new space and opportunities for development and achieve prosperity with the Eurasian countries. All this forms unprecedented opportunities for development of bilateral economic and trade relations. It seems that to fully open the potential of Ukrainian economy and expand bilateral trade and economic cooperation, it is necessary to take into account such proposals as the establishment of the Sino-Ukrainian industrial park, the promotion of cooperation in the field of electronic commerce, the formation of the Sino-Ukrainian free trade zone and enhanced interaction within multilateral mechanisms (for example, the Shanghai Cooperation Organization and the interaction of China and the countries of Central and Eastern Europe in the 16 + 1 format).

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Study on the Establishment of China-Russia Free Trade Zone under the One Belt And One Road Initiative

SSRN Electronic Journal ◽

10.2139/ssrn.3574533 ◽

2020 ◽

Author(s):

Feifei Wang

Keyword(s):

Free Trade ◽

Free Trade Zone ◽

The One

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Free Trade before Liberalism

10.1093/oso/9780198791584.003.0009 ◽

2017 ◽

Author(s):

Corey Tazzara

Keyword(s):

Eighteenth Century ◽

Early Modern ◽

Free Trade ◽

State Policy ◽

Early Modern Period ◽

Free Trade Zone ◽

Central Mediterranean ◽

Modern Period ◽

Institutional Variation ◽

Intellectual Legacy

Chapter 8 situates Livorno amidst a larger picture of competition in the central Mediterranean. It analyzes the spread of free ports by considering the two axes along which Italian ports liberalized during the early modern period: hospitality toward merchants and openness toward goods. Despite much institutional variation, a maritime free trade zone was in existence by the mid-eighteenth century. The intellectual legacy of free ports such as Livorno was nonetheless ambivalent. Though some Enlightenment thinkers used free ports to formulate general theories of free trade, others believed they promoted the subjection of state policy to foreign merchants.

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Overall Planning of Shanghai New Trade Zone from an Ecological Economic Perspective

Open House International ◽

10.1108/ohi-03-2017-b0009 ◽

2017 ◽

Vol 42 (3) ◽

pp. 40-44

Author(s):

Wence Yu ◽

Hao Chen ◽

LiQiang Yang

Keyword(s):

Free Trade ◽

Free Trade Area ◽

Point Of View ◽

Free Trade Zone ◽

System Structure ◽

Low Carbon ◽

Economic Perspective ◽

Free Trade Areas ◽

Ecological Economic ◽

Trade Area

Since the reform and opening up, the economy of China has rapidly developed. The system, structure, mode, and pattern of the foreign trade in China must be adjusted accordingly to adapt to new economic normality. In this study, the main types of free trade areas worldwide were analyzed, and the necessary conditions for their successful development were examined on the basis of an ecological economic perspective. The Shanghai free trade area is a typical representative of a new type of Trade Zone in China. It introduces the principles of sustainable development, people oriented, green, low-carbon and other eco free trade zones. The planning characteristics of Shanghai free trade zone were studied from the point of view of planning economy and land use. Taking Shanghai Yangshan land free trade zone as an example, the planning research was carried out in terms of functional zoning, environment, transportation and facilities. In summary, this study provided theoretical and technical references for the construction of free trade areas and for the formulation of significant policies.

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