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Exploring the development of agricultural trade between China and ASEAN under the RCEP: a SWOT analysis


Citation

Cong, Shufeng and Chin, Lee and Allayarov, Piratdin (2023) Exploring the development of agricultural trade between China and ASEAN under the RCEP: a SWOT analysis. China and WTO Review, 9 (1). pp. 11-34. ISSN 2383-8221; eISSN: 2384-4388

Abstract

The Regional Comprehensive Economic Partnership Agreement (RCEP) is the world's largest free trade agreement. The RCEP has significant implications for China's agricultural trade especially in the ASEAN region which is China's top export market, the second-biggest source of imports for Chinese agricultural products, and largest trading partner in the agricultural sector. To boost trade development, this paper presents a detailed SWOT analysis of China's agricultural trade with the ASEAN using the RCEP as the research background. Through the RCEP, China's agricultural products are expected to achieve not only growth in trade scale and trade facilitation, but also stronger economic ties in East Asia. However, the RECP also poses new challenges to China's agricultural trade structure, core competitiveness, and quality and safety system. Therefore, China should reinforce its brand building, optimize its trade layout, deepen its agricultural transformation, and improve its cooperation to better enjoy the trade dividends brought by RCEP.


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Additional Metadata

Item Type: Article
Divisions: School of Business and Economics
DOI Number: https://doi.org/10.14330/cwr.2023.9.1.01
Publisher: UK Zhende Publishing Limited Company
Keywords: RCEP; China; ASEAN; Agricultural Trade; SWOT
Depositing User: Ms. Nur Aina Ahmad Mustafa
Date Deposited: 10 Dec 2024 06:59
Last Modified: 10 Dec 2024 06:59
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.14330/cwr.2023.9.1.01
URI: http://psasir.upm.edu.my/id/eprint/107878
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