The Empirical Research Of The Degree Of Economic Integration Between China And East Asia

Since the1990s,the international division of labor has tremendous changes. Much of international trade changed from inter-industry trade into intra-industry trade. Much of international trade changed from intra-industry into within product trade. In the tide of global economy, regional cooperation has become a new trend in recent years. East Asia’s member states are increasingly aware of the importance of regional cooperation in East Asia. They have more and more economic cooperation, their dependence is also more and more high. But in international negotiations, East Asia’s member states often can not effectively conduct multilateral negotiations with other organizations in the World. To change this situation, since the1990s, the East Asian countries have opened the prelude of the cooperation. From Asia-Europe Meeting held in Bangkok to Japan and South Korea free trade agreement negotiations, it shows East Asian countries actively promoting the regional economic integration of the decisions and actions. China plays the role of the largest developing country in the East Asia and the World. China tries to join more in-depth vertical specialization system in the word.By means of the world vertical specialization system platform of East Asia that we have joined in, China will take more active part in regional cooperation in East Asia. From the reform and opening up to the early1990s, China only had signed with the relational countries about economic and trade agreements, the great milestone and real beginning is that China joined the Regional Economic Cooperation Organizations at1990s, called the Asia-Pacific Economic Cooperation (APEC),it was formally opened the dialogue between China and ASEAN. And then, the communication and cooperation was became more and more frequent between China and ASEAN. China had signed agreements with ASEAN, Korea, Japan, and set up the China-ASEAN Free Trade Area in2010, which meant the new level was coming for the cooperation between China and East Asia regional. Due to the low labor costs and improved infrastructure, China changed the trade measures and took more active part in the cooperation with the other countries, China joined quickly in the value chain in East Asia, and China got the chance to undertake the manufacturing and processing industries which had been shifted out from the other East Asian countries, so that China became one of the processing plants in East Asia and even the world’s factory. By more than10years of unremitting efforts, on the one hand, China strengthened the cooperation with other production members with the advantage of low labor costs and improved infrastructure in East Asia, and became more active participation to the East Asian regional division of labor; on the other hand, China changed the focus of the development, and started to develop the technology-intensive industries, in order to upgrade the industrial. Formation in East Asia, the Japan-Four Little Dragons-ASEAN-China’s new gradient transfer level, China is becoming the most important single economy in the East Asian region, the new gradient transfer level East Asia-Japan-Four Little Dragons-China is came out. But it is undeniable that China is still at the low end of the value chains and global value chains in East Asia. At the same time, China has become an export platform in East Asia, so that the trade spats are increasing and the trade surplus are continuing to expand between China and Europe and America.Especially, after the2008financial crisis, China’s exports declined for the first time. Some coastal medium and small businesses affected by the financial crisis, even closed down in succession. This seriously affected the Chinese economy and China’s participation in international regional cooperation process. At the same time, this exposed some of the problems that our country exports and participation in international division of labor. On one hand, China’s export trade is too dependent on developed economies, especially United States、European Union and Japan; On the other hand, China has no specific industry upgrade. To this, this article in view of the Chinese problem, offered brief policy proposal.