Economic diplomacy of china

Содержание

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AGENDA Introduction Historical overview Ministries responsibilities Strategies Goals Features Conclusion

AGENDA
Introduction
Historical overview
Ministries responsibilities
Strategies
Goals
Features
Conclusion

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INTRODUCTION China – 2nd largest economic power in the world Largest

INTRODUCTION

China – 2nd largest economic power in the world
Largest amounts of

foreign currency
Established diplomatic relations with the EU in 1975 and stays largest trading partner
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HISTORY OF ECONOMIC DIPLOMACY OF CHIINA 1949-1978 – establishment of the

HISTORY OF ECONOMIC DIPLOMACY OF CHIINA

1949-1978 – establishment of the communist

regime and isolation from most of the world
1979-200 – opening the country to the world
2001- till now – period of becoming one of the world superpowers
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1949-1978 - Process of formation of the country and government structures

1949-1978

- Process of formation of the country and government structures
- Politics of

Mao Zedong
- Relations with the Soviet Union
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1979-2000 Opening the county and trade liberalization Economic diplomacy was conducted

1979-2000

Opening the county and trade liberalization
Economic diplomacy was conducted via the

ministry of the Foreign Affairs
Lack of experience and government barriers
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2001– PRESENT Creation the Ministry of Commerce – the governmental structure

2001– PRESENT

Creation the Ministry of Commerce – the governmental structure fully

responsible for the economic diplomacy
Membership in the international organizations – WTO, IMT; and introduction of FTA with ASEAN
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MINISTRY OF COMMERCE IS RESPONSIBLE FOR: development of new policies in

MINISTRY OF COMMERCE IS RESPONSIBLE FOR:

development of new policies in the

international trade
export-import and FDI regulation
protection of the interests of own citizens
negotiations of bilateral and multilateral trade agreements
supporting the contacts with the trade and economic departments of other countries
In the structure of the majority of Chinese embassies there are the offices of Trade and Economic advisers and departments of trade and economic issues.
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MINISTRY OF COMMERCE IS COMPOSED OF: Center of Foreign Trade Center

MINISTRY OF COMMERCE IS COMPOSED OF:

Center of Foreign Trade
Center of foreign

trade and investment
Center of International Economic Cooperation
Chinese International Center of Economic and Technical Exchanges
Also, the Ministry is supported by Chinese International Trade Promotion Committee and Chinese International Chamber of Commerce, which have branches in all provinces and major cities.
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STRATEGIES OF CHINESE ECONOMIC DIPLOMACY

STRATEGIES OF CHINESE ECONOMIC DIPLOMACY

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CREATION OF FTA’S Commercial interest Long-term interest. Such as incresing influence

CREATION OF FTA’S

Commercial interest
Long-term interest. Such as incresing influence in certain

regions
Cooperation with smaller players of diplomatic arena
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POLITICAL PRESSURE Sanctions against Japan in 2010 Delay of border clearance

POLITICAL PRESSURE

Sanctions against Japan in 2010
Delay of border clearance (Chinese fishing

boat captain was arested)
Delay of exporting certian goods to Japan
Banana War and territory conflict between Beijing and Manila in 2012
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CREDITS AND ASSISTANCE International financial credits with a low interest rate

CREDITS AND ASSISTANCE

International financial credits with a low interest rate
Provision of

natural resources in order to balance the consumption and supply (Resource Diplomacy)
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„GO ABROAD” STRATEGY Creation of international brands 2-side investments Taking part

„GO ABROAD” STRATEGY

Creation of international brands
2-side investments
Taking part in resource and

market competition
40% of Chinese investments are directed into merging or assimilation with foreign companies
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5 GOALS OF CHINESE DIPLOMACY

5 GOALS OF CHINESE DIPLOMACY

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CONSTANT SEARCH OF ACCESS TO NATURAL RESOURCES Super high demand for

CONSTANT SEARCH OF ACCESS TO NATURAL RESOURCES

Super high demand

for resources;
Growing renting ratio of farmlands outside the China;
China has accesses to rare metals (uses export as an instrument to affect diplomacy ex. Japan)
Detailed diplomatic strategy for importing gas and oil
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SATISFACTION OF HIGH DEMANDS FOR CHINESE PRODUCTS Strategy ( Everyone benefits

SATISFACTION OF HIGH DEMANDS FOR CHINESE PRODUCTS

Strategy ( Everyone benefits from

Chinese growth)
WTO and decrease of import taxes
Stimulation of internal demand
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CONTROL OF INVESTMENTS FLOW Attraction of FDIs Biggest investors – Chinese,

CONTROL OF INVESTMENTS FLOW

Attraction of FDIs
Biggest investors – Chinese,

who leave outside China
Inflow of biggest corporations
China as an investor ( ex. Global construction market)
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YUAN DIPLOMACY Main goal – export stimulation Fixed exchange rate at

YUAN DIPLOMACY

Main goal – export stimulation
Fixed exchange rate at

first but the floating
Undervaluation of Yuan
Internalization of Yuan
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GROWTH OF “STATUS” Participation if biggest summits and forums Status as

GROWTH OF “STATUS”

Participation if biggest summits and forums
Status

as a solution for practical problems
Growth of Beijing
Main objective – decrease of anti-dumping investigations
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FEATURES OF CHINESE ECONOMIC DIPLOMACY

FEATURES OF CHINESE ECONOMIC DIPLOMACY

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China economic diplomacy are combined land and sea routes, the joint

China economic diplomacy are combined land and sea routes, the joint

development of regional cooperation and "good-neighborly friendship zone", as well as peaceful coexistence of old and new geo-economic sectors.
Implementation of China's economic diplomacy is not only intended to implement the "common development" with the outside world, but also meet the requirement of "comprehensive deepening of reform" in the country.
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Economic diplomacy is an integral part of the overall concept of

Economic diplomacy is an integral part of the overall concept of

China's foreign policy, it has been developed and implemented to fit into the overall concept.
China adheres to the idea of "friendliness, sincerity, tolerance and profitability" of contacts, emphasizing your awareness of what is a member of the community with a common destiny.
Economic diplomacy is considerable support in the implementation of China's contacts with the outside world at a high level.
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CONCLUSIONS

CONCLUSIONS