Academic Journal of Business & Management, 2023, 5(5); doi: 10.25236/AJBM.2023.050514.
He Xiaoshan, Song Xin
School of Management, University of Shanghai for Science and Technology, Shanghai, China
China-ASEAN Free Trade Area is in a critical period of development. After the implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP), higher requirements have been put forward for the construction of the China-ASEAN Free Trade Area. To a certain extent, it can promote the China-ASEAN Free Trade Area to break through the bottleneck and upgrade the construction, and provide new momentum for in-depth regional cooperation. At present, there are still some problems in the development of China-ASEAN Free Trade Area. There are continuous disputes in Southeast Asia and more frictions and contradictions. There are great differences in interest demands and similar economic and trade structures; the financial cooperation mechanism is backward, and the development of monetary integration is hindered. In order to promote the upgrading and construction of the free trade area, in response to these problems, the China-ASEAN Free Trade Area should clarify its dominance and create a core economic force and coordination mechanism; optimize integration and build supply chain resilience of production chain; with the help of the "Belt and Road" opportunity, break through the upgrading bottleneck; promote RMB regionalization, deepen financial cooperation reform and other development proposals.
RCEP, China-ASEAN Free Trade Area, Upgrade construction
He Xiaoshan, Song Xin. Research on the Construction of China-ASEAN Free Trade Area 3.0 Version Based on RCEP. Academic Journal of Business & Management (2023) Vol. 5, Issue 5: 98-105. https://doi.org/10.25236/AJBM.2023.050514.
 Wei Min. To build the ' upgraded version ' of China-ASEAN Free Trade Area: Problems and Directions [J]. Research on International Issues, 2015 (02): 127-140.
 Liu Xinwei. China-ASEAN Free Trade Area opened an upgraded version [J]. China 's Foreign Trade, 2021 (01): 32-34.
 State Council Communique of the People's Republic of China, Fate and Building Homeland Together - Speech at the 30th Anniversary Summit of China-ASEAN Dialogue [J]. 2021, No.1753 (34): 5-7.
 Zhang Jing. The world's largest free trade zone officially landed! RCEP: foreign trade growth accelerator and new engine [EB / OL]. (2022-01-01) [2023-2-10]. https: // www. thepaper. cn/ newsDetail_ forward_16099264.
 Ma Xiangdong. How the RCEP 8-year journey went [J]. Learning Times, 2020, (No.142).
 Liu Wu and Liu Chengkai. 'Indo-Pacific' strategy's impact on ASEAN's 'central position' in Asia-Pacific regional cooperation [J]. Socialism Research, 2019, No.243 (01): 133-140.
 Zou Guoyong, Wu Linling. The construction of China-ASEAN Free Trade Area under the background of TPP and RCEP: challenges and responses [J]. Journal of Jishou University (Social Science Edition), 2016, 37 (02): 53-61.
 Bi Shihong. RCEP: ASEAN 's Strategic Choice for Economic Cooperation in East Asia [J]. Asia-Pacific Economy, 2013, No.180 (05): 20-24.DOI: 10.16407 / j.cnki. 1000-6052.2013.05.012.
 Wang Jun. Construction of RCEP and Chinese Coping Strategies [J]. Southeast Asia, 2013(04): 3-7.
 Yang Yaoyuan, Huang Shenghui. Research on the high-quality development path of economic and trade cooperation between China and ASEAN under the 'Belt and Road' initiative [J]. Customs and trade research, 2022, 43 (02): 111-123.
 Yao Wenkuan. The current situation, problems and countermeasures of RMB regionalization in China-ASEAN Free Trade Area [J]. Foreign economic and trade practice, 2021 (09): 66-69 + 84.
 Liu Jing. RCEP came into effect more than July, Jiangsu economic benefit geometry [N]. Jiangsu Economic News, 2022-08-05 (A01).
 Kang Kai. Comparative analysis of EU and East Asian monetary integration and its enlightenment to East Asia [D]. Yunnan University, 2015.