Opportunities, challenges and paths of the construction of the China -Africa Free Trade Zone
December 02, 2020 at 10:15 Source: "China Social Sciences" December 220, 2060 Issue 2060 Author: Zhu Huayou Zhang Di Chen Zexia

July 7, 2019,The African Union held the 12th Special Summit in Niger Capital Niamei,Announced that the start of the African continent Free Trade Zone,So far,55 of the 55 members of the African Union already signed the "African Continent Free Trade Agreement"。The establishment of the African Free Trade Zone conforms to the mainstream direction of the reform of global trade rules,Show the confidence of African countries for regional economic integration,It also echoed my country's active economic globalization and trade facilitation。As a close partner of Africa,If China can connect with Africa's economic integration process,Build a huge "China -African Free Trade Zone",It will benefit each other,Promote that China -Africa forms a closer dedication community。

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Establishing the China -Africa Free Trade Zone is full of opportunities。The construction of the free trade zone is my country's national strategy,China will accelerate the implementation of the free trade zone strategy,Build a surrounding area、Radiation "Belt and Road"、High -standard free trade zone network for global。Current,China has reached 17 free trade agreements with 25 economies,In the case of the free trade agreement between China and neighboring countries,,The African continent is expected to become the key area of ​​the construction layout of the next stage of the free trade zone in China。Establishing the China -Africa Free Trade Zone has the following opportunities。

The African Continental Free Trade Zone is officially bet365 live casino games launched。Establishment of the African Free Trade Zone,helps to reduce tariffs,Eliminate all kinds of non -tariff barriers,Promoting trade and investment facilitation,Realize the industrialization process of the African continent,Improve African integration level,It is also conducive to realizing products、Capital、Personnel、Free flow of labor,Finally cultivated a unified African market。At the same time,Establishment of the Free Trade Zone and the Integrated process of the African continent,undoubtedly driven the agglomeration of industries in Africa、Extension of the industrial chain and the growth of scale economy,Objectively meets the actual needs of China -African production cooperation。

China has become the largest trading partner country in Africa for 10 consecutive years,China -Africa trade cooperation is steadily good。China has developed to more than 50 countries to non -investment countries,The Economic and Trade Cooperation Park has grown from one to 20 to more than 20,The field of investment is from the original oil、Mining and other natural resources gradually expanded to manufacturing、Service Industry、Financial Industry and other fields。June 2019,The first China -African Economic and Trade Fair was held in China。October of the same year,China signed a free trade agreement with Mauritius,Raising China -Africa economic and trade cooperation to a new height,Create a new situation in which China and African countries establish a free trade zone。

At the same time,The two sides have the overall consistent development principles and development demands。China's "Belt and Road" initiative、Non -League "Alex 2063"、The construction of the China -Africa Free Trade Zone is interconnected。Over the years,China and Africa have conducted a win -win bet365 live casino games strategic cooperation with a win -win win -win strategy,China has participated in the construction of many large -scale infrastructure projects in Africa,Many long -term investment,Including East Africa Railway Line、Nigeria's Lagos -Kano Railway Route、Angola's Bengola Railway Line, etc.,These cooperation projects promote the interconnection and regional integration between African countries。

  African economic transformation is slow

Establishing China -African Free Trade Zone exist in two challenges。On the one hand, from Africa。First, the state of war in the continuous war of the entire African continent,Although the "Silent Gun" initiative of the African Union is aimed at the end of 2020、violent conflict,But now it seems,The situation is not optimistic,The conflict of multiple countries is still continuing。Second,Trade -related cost -National Infrastructure Construction、Customs and border customs clearance、Trade and logistics services,Not only does it hinder Africa's own regional economic integration,It also hinders economic and trade cooperation in other parts of Africa and other parts of the world。If tariffs,The average tariff level of the African continent is 8.7%,But the existence of non -tariff obstacles increases the trade cost of the African continent by about 283%,Become a region with the highest cost of non -tariff trade。Last,At present, most of the economic industrial chains in the African mainland are seriously fragmented,The process of industrialization is still in the early stage。Many national products export long -term solidification in energy、Resource and other industries,This single export structure not only low product added value,And it is difficult to achieve economic transformation smoothly in the short term。

On the other hand, the bet365 live casino games challenge comes from European and American countries。At the end of 2018,The US government announces New African strategy,Subsequent,February 2020,The United States and Kenya officially announced a free trade negotiation,This is the content of the new African strategy in the United States。For African market with rapid economic growth,China has achieved significant success in Africa,2019,China -Africa bilateral trade value reached 208.7 billion US dollars,The US -African trade amount is only 56.86 billion US dollars。After the establishment of the African Continental Free Trade Zone,Ying、Method、Germany and other European countries have gradually increased in Africa,China and African countries establish a free trade zone will face fierce competition and challenges。

 Create a new situation of China -Africa trade

Work together to build China -African Free Trade Zone。Overall,To fit the construction goals and core contents of the construction goals and core content of the African Free Trade Zone,Formation of a package plan and process of establishing an establishment of China -African Free Trade Zone。The establishment of the free trade zone of the African continent has four main goals,is the process of promoting Africa integration、Create a unified mainland market、Accelerate the development of African industrialization and infrastructure、Promoting economic structure transformation, etc.。Met the goals for these goals,China should find common interests with Africa、Common dream,Create a new era more closely in the community of China -Africa Destiny。

China is when signing a free trade agreement with African countries,You can implement asymmetric tax cuts,Give its trade discount as much as possible。On the one hand,Most countries in Africa are relatively backward,The foundation bet365 best casino games of the industrial system is relatively weak,Many countries have impacted by free trade in the field of agricultural products and industries,Effect on the domestic economy,Therefore, greater concerns about the open market。On the other hand,Free trade agreements signed by African countries with developed countries such as Europe and the United States generally enjoy preferential treatment,Such as the European Union and Egypt、The free trade agreement signed by South Africa all stipulates the transition period of more than 10 years。Current,The "African Growth and Opportunities Act" in the United States provides tariff -free for 6,500 kinds of products in African countries in 39 Sahara、Preferential conditions for market quotas。Therefore,China can keep under the condition of maintaining the original African aid policy,Preferential trade conditions to African countries,While supporting its economy and technology,Carry out free trade cooperation。

Local,First of all, refer to the establishment process of China -ASEAN Free Trade Zone,Actively promote multilateral free trade negotiations。There are many organizations in the sub -regional organization of Africa,If the Economic Community of Western African countries、Western Africa Economic and Store Alliance、Sahele -Sahara National Community、Southeast Africa Common Market、Central African countries economic community、Eastern Africa Community、Southern Africa Development Community, etc.。China can refer to the establishment process of China -ASEAN Free Trade Zone,Select Eastern African Community or Southeast African Common Market,Signed a free trade agreement with regional organizations,and applicable to other member countries in the organization。When negotiating with bilateral free trade Bet365 app download agreements with African sovereign countries,It should be taken into account the regional economic organization of Africa,Conform to the development of Africa integrated。

At the same time,To operate the existing economic and trade cooperation zone and free trade zone,Demonstration effect,Actively seek to sign a free trade agreement with other African countries。my country has established an economic and trade cooperation zone with many countries in Africa,If Nigeria's China Africa Pioneer Free Trade Zone、Central African Rock Free Trade Zone、Djibati International Free Trade Zone, etc.。These economic and trade cooperation zones have promoted the economic and industrial development of African countries,It has also accumulated beneficial experience for the signing and establishment of the China -Africa Free Trade Zone。Zhongmao (China -Mauritius) Free Trade Zone is the first free trade area established by China and African countries,It will definitely drive China and other African countries to sign a free trade agreement。Current,African countries with a greater possibility of signing a free trade zone with China have South Africa、Nigeria、Egypt, etc.。South Africa、The total economic volume of Nigeria and Egypt is the highest in Africa,Compared to agriculture and industry,Their service industry structure is relatively complete,This industrial structure has stimulated the strong demand for finished products。and,South Africa and Egypt have signed a free trade agreement with Europe,Egypt is also an active response of China's "Belt and Road" initiative。Other countries such as Angola,Although it is close to Chinese trade,But establishing a free trade zone with China may still need a certain time。

 (This article is the National Natural Science Foundation of China, "Enterprise Reinstation and Regional Transformation and Development: Mechanism and Path" (41571112) phased achievement)

(Author Unit: School of Economics and Management of Zhejiang Normal University、China -Africa International Business School)

Editor in charge: Chen Jing
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