China’s Free Trade Pilot Zones: A Clarion Call for Strategic Collaboration

Authors

  • Hua Wu Chinese Academy of Fiscal Sciences, Beijing, 100142 China

Keywords:

Free Trade Zone

Abstract

Free trade zones have emerged as a pivotal instrument for superpowers to foster strategic alliances and vie for dominance, profoundly reshaping the global economic and political order. These zones extend beyond mere economic frameworks to assume critical roles in diplomacy and global strategy. By offering enhanced trade and investment incentives, they forge tight-knit economic alliances among member nations. This fusion of economic interests not only bolsters political and diplomatic bonds within the alliance but also gives rise to a multitude of shared benefits communities. As a result, the nature of international competition has shifted from country-centric to a rivalry among conglomerates of interests. The rapid expansion of free trade zones significantly influences global economics and politics, thereby offering China both new prospects and challenges in its quest for peaceful growth. Promptly advancing the free trade zone initiative is pivotal for China as it embarks on its latest phase of globalization

References

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Published

2024-04-16

How to Cite

Wu, H. (2024). China’s Free Trade Pilot Zones: A Clarion Call for Strategic Collaboration. Advanced Perspectives on Social Sciences and Humanities, 1(2), 25–27. Retrieved from http://hkasdp.com/index.php/APSSH/article/view/10

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Section

Articles