Abstract
It is shown that foreign trade remains the main form of foreign economic cooperation in North-East Asia, but integration agreements between the countries of the subregion create new opportunities for coordinated regional economic development. Prospective directions of expanding the foreign economic interaction of the northeastern provinces of China with the countries of North-East Asia are identified
Highlights
The six countries in North-East Asia have a total population of nearly 1.7 billion, and their GDP accounts for more than 20 percent of the global total
The development strategy docking between China and South Korea’s “New South” and “New North” policies, Mongolia’s “Prairie Road” initiative and other North-East Asian countries continued to deepen, the third-party market cooperation between China and Japan achieved fruitful results, the interconnection and cooperation within the region progressed steadily, the friendly and cooperative relations between China and the DPRK continued to advance to a new level, and the economic and trade cooperation between countries continued to expand
North-East Asian countries should recognize the general trend of regional development, grasp the economic trend, clarify the future direction, unite the sense of community of destiny with firmer belief, jointly consolidate and safeguard the overall unity and friendship in NorthEast Asia, and realize lasting peace, prosperity, and development in the subregion
Summary
The six countries in North-East Asia have a total population of nearly 1.7 billion, and their GDP accounts for more than 20 percent of the global total. The development strategy docking between China and South Korea’s “New South” and “New North” policies, Mongolia’s “Prairie Road” initiative and other North-East Asian countries continued to deepen, the third-party market cooperation between China and Japan achieved fruitful results, the interconnection and cooperation within the region progressed steadily, the friendly and cooperative relations between China and the DPRK continued to advance to a new level, and the economic and trade cooperation between countries continued to expand. It is necessary to enhance scientific and technological cooperation, improve the level of industrial technology, especially in the fields of high-tech and green technology, promote the adjustment and upgrading of industrial structure in Northeast China and North-East Asian countries, and enhance the international competitiveness of products. In the linkage development between Northeast China and the countries of North-East Asia, it is necessary to establish and improve the cooperation supervision mechanism, aiming at the overall strategic direction, and adjust the regional economic cooperation by monitoring the behavior of cooperative groups. Considering the actual situation, Northeast China cannot unilaterally pursue high-end scientific and technological products and ignore its own technological advantages
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