Seminar & Events
“Shanghai Pilot Free Trade Zone and the Future of Asia”
The East Asia has been attracting the attention of international economic community by its continued economic growth. Specifically, Chinese economy has been drastically developed since the economic reform in 1970s as well as participation to the World Trade Organization (WTO) in 2001. Nominal GDP has exceeded 8 trillion US dollars and the nominal GDP per capita has reached 6 thousand US dollars in 2012. On the other hand, China also faces the difficulties to realize high economic growth and reduction of economic disparities. Under such circumstances, “Shanghai Pilot Free Trade Zone (SHFTZ)”, where service sectors are liberalized with national treatments except the negative list, receives high attentions as a new booster of economic growth in China.
In 2014, IDE and SASS have conducted a collaborative research on the theme of “Shanghai Pilot Free Trade Zone (SHFTZ) and its economic effect”. Objective of the research was to clarify the implemented reforms and the current status in SHFTZ and to analyze its impacts over domestic economic interdependence as well as economic integration in East Asia both qualitatively and quantitatively.
In globalization, development gaps between the nations would become small whereas domestic gaps would be enlarged. In order to analyze such gaps in globalization and to provide policy measures to mitigate it, IDE has developed Geographical Simulation Model (GSM) since 2007. To analyze the impacts noted above, GMS was used in this project. It is possible to predict the type of physical or institutional integration that favorably or adversely affects the concerned regions at the sub-national level i.e. city/prefecture/region level. It is also possible to predict how such a policy measure to facilitate international transaction that affects the traffic of which routes, identifying potential bottlenecks to enable extracting the full merits of economic integration.
January 23, 2015 (Friday) 14:00-17:00
Shanghai Academy of Social Sciences
(Zhongshan Xi Lu 1610, Changning Distrcit, Shanghai)
(Researcher, Institute of World Economy, Shanghai Academy of Social Sciences)
(President, Institute of Developing Economies, Japan External Trade Organization)
Distinguished Guest Speech:
Shang-Jin Wei (Chief Economist, Asian Development Bank)
(at a meeting room at the same venue, IDE and SASS only)
Japanese, Chinese (Simultaneous translation)
Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO),
Shanghai Academy of Social Sciences (SASS)
Research Planning Division, Research Planning Department, IDE-JETRO
Akiko Sasaki (MS)