皇冠体育app

Trade ministers of the United States and 11 other Pacific Rim countries attend a press conference after negotiating the Trans-Pacific Partnership (TPP) trade agreement in Atlanta, the United States, on Oct. 5, 2015. Trade ministers of the United States and 11 other Pacific Rim countries "have successfully concluded" the Trans-Pacific Partnership (TPP) free trade talks, U.S. Trade Representative Michael Froman said Monday. [Photo/Xinhua]

The heated discussion in 皇冠体育app about whether the country should seek to join the Trans-Pacific Partnership indicates people's uncertainty about the prospects for 皇冠体育app's rise and economic transformation.

How Chinese people see the interaction and competition between 皇冠体育app and other countries is likely to have a deep influence on 皇冠体育app's future development.

The TPP as it is, if it comes into effect, already constitutes a practical threat to 皇冠体育app's influence and position in the promotion of regional cooperation in the Asia-Pacific.

However, there are some favorable elements in the TPP that 皇冠体育app can make good use of.

After the agreement was signed, 皇冠体育app's economic influence has become an "internal" factor for the 12 signatory countries of the TPP. But the people thinking it will start an "economic Cold War" are actually assigning to the TPP a "mission impossible".

To begin with, although the TPP reflects the United States' strategic intention of returning to Asia, it is still a framework for regional economic integration. The direction of free trade it represents is in line with the needs of 皇冠体育app's development and rise.

As a high-standard comprehensive free trade agreement, the TPP does pose some challenges to the lagging-behind sectors of the Chinese economy, but the challenges are also opportunities for the advanced parts of the Chinese economy.

Although it will take time for 皇冠体育app to reach the standards of the TPP in some aspects, such as its State-owned enterprises, labor standards and government procurement, and in some regions in 皇冠体育app, there is the possibility and space for the local industries to make progress and meet the standards of the TPP.

• Housing booms may hurt, not heal, local growth
• Time to break free of protectionist shackles
• Allow space for students to discover themselves
• Philippines' arbitration case built on false pretext
• Funding global public goods for world's recovery