The Research On The Competition Of Extroversive Economy Between China And ASEAN

When China chooses the extroversive economy similar to ASEAN to promote economic development, inevitable competition for international capital and market delivered by developed countries appears. After detailed data analysis and demonstration, This paper concludes: because in the past China and ASEAN have attracted different types of international direct investment, the mutual competition for capital in the world is not very intense; But the export similarity between China and ASEAN tend to always in raising, especially mechanical and electrical product exports. This shows that competition for international market is increasingly intense. Therefore, possible regional cooperation is the essential way to relax the conflict. CAFTA is the first formal regional organization that China participates in, and it has rather important meaning for the future strategy of China. In a word, positive regional cooperation canform common benefit, promote either's position on international stage, and realize twin triumph. And that is the optimum option of both China and ASEAN.