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十五五规划建议:推进人民币国际化,提升资本项目开放水平,建设自主可控的人民币跨境支付体系
Sou Hu Cai Jing· 2025-10-28 09:05
Core Viewpoint - The article discusses the release of the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development" by the Central Committee of the Communist Party of China, emphasizing the importance of expanding autonomous openness and aligning with international high-standard economic and trade rules [1] Group 1: Economic Policy Initiatives - The plan aims to actively expand autonomous openness, focusing on market access and open fields in the service sector [1] - It highlights the acceleration of regional and bilateral trade investment agreements and the expansion of high-standard free trade zone networks [1] - The strategy includes optimizing regional openness layout and creating diverse highland forms of openness [1] Group 2: Trade and Investment Strategies - The implementation of a free trade pilot zone enhancement strategy and the high-standard construction of Hainan Free Trade Port are key components [1] - There is a focus on the coordinated development of major open cooperation platforms in innovation, service trade, and industrial development [1] Group 3: Financial and Economic Governance - The plan promotes the internationalization of the Renminbi and aims to enhance the openness level of capital projects [1] - It includes the establishment of a self-controlled cross-border payment system for the Renminbi [1] - The initiative also seeks to reform global economic and financial governance, advocating for a fair, just, open, inclusive, and cooperative international economic order [1]
搞不动中国,美与日本谈判,石破茂态度突变,给了美“当头一棒”
Sou Hu Cai Jing· 2025-06-09 03:11
Core Viewpoint - Japan is leveraging a cooperation proposal related to China in exchange for concessions on tariffs during the ongoing US-Japan trade negotiations, which have been stalled since the implementation of strict tariff policies by the Trump administration [1][3]. Group 1: Trade Negotiations - Japan's chief trade negotiator, Akizawa Ryo, is participating in the fifth round of tariff negotiations with the US, aiming to address the approximately $60 billion trade deficit between the two countries [1]. - The US has maintained a hardline stance on tariffs, particularly in the automotive and steel sectors, insisting on measures to eliminate the trade deficit [1][3]. - Japan's willingness to compromise has shifted due to changing international circumstances, indicating a more assertive negotiation strategy [1][3]. Group 2: Cooperation Proposals - Japan's cooperation proposal includes leveraging its advantages in rare earth processing and recycling to assist the US in utilizing globally sourced rare earth materials, as well as exploring collaboration in graphite and gallium [1]. - In the semiconductor sector, Japan plans to purchase billions of dollars' worth of semiconductor products from US companies like Nvidia and is considering assistance in producing materials needed for chip manufacturing [1][3]. Group 3: Energy and Shipbuilding - Japan is considering increasing imports of US liquefied natural gas and has proposed support for new projects in Alaska and increased production in Louisiana and Texas [3]. - In shipbuilding, Japan aims to collaborate with the US to build icebreakers, taking into account the influence of China [3]. Group 4: Internal US Dynamics - The US negotiation team is experiencing significant internal divisions, with differing views among key officials, complicating the negotiation process for Japan [3]. - The lack of coordination and information sharing among US officials has led to repeated discussions and delays in the negotiation process [3]. Group 5: Japan's Strategic Position - Japan holds significant leverage with its holdings of US Treasury bonds, and any large-scale sell-off could exert substantial pressure on the US economy [5]. - The dynamics of US-China relations have provided Japan with insights and confidence to adopt a firmer negotiating stance [5]. Group 6: International Implications - The outcome of the US-Japan trade negotiations will not only impact bilateral economic relations but also have broader implications for regional and global economic structures [5][7]. - Japan's strategy must consider the potential backlash from China if its cooperation proposals adversely affect Chinese interests, highlighting the risks involved in the negotiations [5][7].