A Study On Service Trade Development Of China-Japan-Korea FTA

Due to the slow process of the doha round of negotiations, the world has raised a hot wave of signing Regional Trade Agreements since 1990 s. China, Japan and South Korea, intimately connected by both geographical distance and international trade, share the common aspirations of establishing CJKFTA. The CJKFTA negotiations first launched in 2012 are still carrying on very prosperously. While the importance of trade in services being increasingly prominent, the negotiation in service trade has become the focus of all aspects. Currently, identifying the cooperation priorities and second priorities has important significance of promoting CJKFTA negotiations.To solve the above problems, this text firstly analyzed the overall situation of CJK service trades and service industries, then used four indexes to analyze the level of trade competitiveness, complementarity, the level of intra-industry trade and export similarity among CJK. After that, this text studied the degree of trade openness of these three countries, and finally based on the above, made the following conclusions, first, transportation, tourism, banking, insurance, computer and information ought to be the key cooperation industries and the cooperation should be actively promoted. Second, construction, communication, cultural and entertainment, and intellectual property related industries ought to be the second important cooperation fields and the cooperation among them should be conducted gradually and orderly. Third, China should actively advocate cooperation on tourism, computer and insurance, sincethose industries are relatively competitive in China, and the other industries should be protected moderately on the base of cooperation. Forth, CJKFTA should adopt the Positve List instead of Negative List. Fifth, CJKFTA should adopt a cooperation methods of deepening the existing openness level rather than opening more new sectors. Sixth, the three countries should consolidate their trade regulations and seek international coordination in order to establish a transparent and stable trade and investment environment.The former study on the cooperation between CJK trade service are mainly based on mere index calculation, but this paper combine index, development situation, and trade openness together, making the result and policy advices more practical and feasible.