Research On Investment Facilitation Of China-australia FTA

Since the 1960s,the free trade areas has entered a period of vigorous development,especially in emerging countries and regions and developing countries,to create a free trade area as an important means of developing international trade,expanding investment,increasing employment and promoting the development of regional economy.In the construction of FTAs,investment facilitation has become the focus of attention since it has become more and more prominent.The China-Australia Free Trade Agreement(ChAFTA)is one of the FTAs within highest trade and investment liberalization in China and other countries that have signed.Focusing on the theme of investment facilitation,first of all,this thesis elaborates the concept of investment convenience and theory,which mainly related to the definition of investment facilitation and its associated concepts,such as trade facilitation,and which introduces the international mainstream theory of free trade area and facilitation.Then it mainly introduces the construction process and achievements of the China-Australia FTA,and analyzes the situation of mutual investment and the favorable conditions for the investment facilitation between the two countries.After that,the measure of the investment facilitation level of ChAFTA is mainly based on the establishment of an index system,from the macro and micro level.Then it discusses the obstacles on investment facilitation ChAFTA may come across,from the political,economic,cultural,legal and other aspects.Finally,the thesis proposed the proposals and initiatives to promote ChAFTA investment cooperation.It is suggested that China and Australia should strengthen political mutual trust on both sides;economically,optimize the "negative list" to promote innovation and cooperation,reduce investment barriers;in social and cultural level,smooth the talents exchange mechanism to promote cultural exchanges;technically,optimizing intellectual property rules.Domestic and foreign scholars’ research on the investment facilitation of Sino-Australian free trade area is very limited.The paper creatively constructs a set of index system and discusses it.It aims to make the development of the theory of investment facilitation in free trade zones.