Table of Content

25 June 2019, Volume 33 Issue 2

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Original Paper

Cooperation in Northeast Asia and Construction of “The Belt and Road Initiative”under the New Situation: New Opportunity of Economic Cooperation between China and Japan

CUI Yan

2019, 33(2):  3-12.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.001

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“The Belt and Road Initiative” proposed by the Chinese government has entered the implementation stage and has made great progress. From the perspective of history and reality Northeast Asia is an important region for exchanges between the East and the West, hence an important part of the “The Belt and Road Initiative”. However, due to the complicated international relations and the opposing international situation in Northeast Asia, it is difficult for the economic cooperation in Northeast Asia to develop. Recently, the improvement of the international situation in northeast Asia, represented by the transformation of ChinaJapan relations and the relaxation of the situation on the Korean peninsula, has created conditions for the development of regional economic cooperation. If the trends above continue, the international cooperation in northeast Asia will achieve rapid development and form benign interaction with “The Belt and Road Initiative”, which will serve as an important component of “The Belt and Road Initiative” and effectively promote the rapid realization of the initiative.

Feasibility and Mode Selection of SinoJapanese Thirdparty Market Cooperation under the Framework of “the Belt and Road” Initiative

SUN Li, ZHANG Hui-fang

2019, 33(2):  13-22.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.002

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As two major economies in the world today, China and Japan have significant space for cooperation in the economic field. With Japans positive change in the attitude of “the Belt and Road” Initiative, China and Japan have unveiled a new chapter of cooperation in thirdparty markets. Although there are still many uncertainties in the current situation, the cooperation between China and Japan in the thirdparty market will not only help improve SinoJapanese political relations, but also help achieve mutual benefit and winwin in the economic fields of both sides. China and Japan have the possibility of thirdparty market cooperation in infrastructure construction, financial support and economic and trade. Then by using the cooperative game model, we analyze the effect of SinoJapanese cooperation in the thirdparty market and propose four modes of cooperation between two countries under “the Belt and Road” framework.

Countermeasures of SinoJapanese Cooperation in the ThirdParty Market in ASEAN under the Framework of “The Belt and Road Initiative”

WANG Hou-shuang, ZHANG Xiao-xiang

2019, 33(2):  23-33.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.003

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Thirdparty market cooperation is the new mode of SinoJapanese economic cooperation under “the belt and road initiative” framework. After more than 50 years of development, ASEAN has become the most upandcoming regional economic organization in Asia and the world, and is an important support for Asian economy. As two major economies in the world, China and Japan, in strengthening their cooperation in the thirdparty market in ASEAN, would help promote sustained economic growth in China, Japan and ASEAN, as well as maintain the stable development of the world economy.

Research on the Export Competition of China's and Japan's Infrastructurerelated Industries in ASEAN: Based on Revealed Comparative Advantage Index and Transfer Share Analysis Method

MA Wen-xiu,WANG Xi-Mo

2019, 33(2):  34-44.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.004

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Based on the bilateral trade data of China and Japan in Association of Southeast Asian Nations (ASEAN) market , this paper analyzes the status of China's and Japans infrastructurerelated Industries export to ASEAN market ,which contains trade scale，trade growth, trade structure and market distribution; Uses the revealed comparative advantage index to measure and evaluate the export competition of China's and Japans Infrastructurerelated Industries in ASEAN market; Uses the transfer share analysis method to compare the infrastructurerelated Industries export competitiveness to ASEAN market. This research finds that China's infrastructurerelated Industries maintain large export scale and rapid export growth to ASEAN market compared with Japan; Main export goods in China and Japan are similar, but the main export markets are different; The export competitiveness is on an upward trend in China, while on a downward trend in Japan; The export competitiveness of subdivided products are similar in China and Japan, and Japan's competitiveness of each export market is stronger than that of China; Compared with Japan, China's infrastructurerelated Industries have competitive advantage, which mainly because of the competitive effect ;Although in a disadvantage, Japan has a positive industry structure effect , especially in transportation equipment; China and Japan should strengthen the cooperation of infrastructurerelated industries in the ASEAN market, to improve the joint competitiveness of exports, and realize winwin cooperation and the dynamic complementarity of the trade.

The Role Change of China and Japan in East Asia Service Network：Consideration Based on “the Belt and Road”Initiative

JIN Ren-shu, LI Xue

2019, 33(2):  45-55.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.005

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With the continuous deepening of the “Belt and Road”, the East Asia trade pattern especially the competition about division of labor among China and Japan has changed a lot. This paper finds characters of East Asia service intermediate flow network via social network theory and makes a comparative study on trade scale and structure of China and Japan. It shows that a coreperiphery spatial structure exists in the network and China has been the leader instead of Japan. It also reveals homogeneity in the competition between China and Japan. It will help a lot if China secure the status and adjust service structure to improve superiority in East Asia service network during carrying forward “One Belt and One Road”.

Analysis of SinoJapanese Trade and Investment Status along “the Belt and Road”: On New Ideas for Promoting SinoJapanese Economic and Trade Cooperation

SHI Jin-fang, LI Bo-wen

2019, 33(2):  56-63.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.006

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After several years of downturn, the bilateral trade and investment situation between China and Japan began to rebound in 2017. The trade and investment activities of the two countries along the “Belt and Road” region are active. However the overall situation is competitive. 2018 is the 40th anniversary of the conclusion of the ChinaJapan Treaty of Peace and Friendship. On May 9th, Premier Li Keqiang attended the 7th ChinaJapanROK Leaders Meeting and visited Japan. On October 25th, Japanese leader visited China after an interval of seven years. Prime Minister Abe made it clear that Japan will cooperate with China under the framework of the Belt and Road. The two sides have great potential for cooperation in the fields of finance and infrastructure. The exchange of highlevel visits between China and Japan will promote extensive and indepth cooperation the two countries within the framework of “the Belt and Road”. SinoJapanese economic and trade relationship will move from competition to coordination, and cooperation between China and Japan in the thirdparty market along “the Belt and Road” will be promoted rapidly.

Has China Crowded out Japan's Export Trade to the Countries along “the Belt and Road”: An Empirical Analysis Based on Classified Data

YANG Da

2019, 33(2):  64-71.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.007

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Based on calculations of Chinese and Japanese export similarity and comparative advantage to the countries along “the Belt and Road”, this paper, using extended trade gravitation model and classified data of commodity trade and service trade, empirically analyzes if Chinese exportation to the countries alongside “the Belt and Road” has the crowding out effect on Japanese export trade. The result shows that Chinas merchandise exports to countries along the route will promote Japans service exports instead of crowding out Japanese merchandise exports. On this basis, the paper analyzes the potential of cooperation between China and Japan in trade with countries along the “the Belt and Road”. Thus, the paper refutes the view that the development of “the Belt and Road” countries crowds out the trade of other nonparticipating ones. It is a more scientific and comprehensive response to views like “crowding out effect” and even “China threat theory”. In addition, it better reflects the mutual beneficial and winwin developmental situation brought by the “the Belt and Road” initiative for countries around the world.

Japan's Infrastructure Export Strategy and Its Impact on Regional Economic Cooperation in East Asia

MA Xue-li, LIU Juan

2019, 33(2):  72-80.  DOI: 10.14156/j.cnki.rbwtyj.2019.02.008

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Since 2009, Japan has upgraded its infrastructure exports to a nationallevel strategy, which is characterized by a focus on investment in the Asian region, the governmentled governmentpeople collaboration promotion mechanism, “highqualityoriented” marketing strategy, and “integration of investment, construction and operation” export mode and so on. Japans infrastructure export strategy has the possibility of docking with the “Belt and Road Initiative”, but it is also restricted by a series of factors. Especially in the interoperability of regional infrastructure, Japans relative income preference may lead to opportunistic behavior.