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Archives of Peking University News - PKU English - 北京大学

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<strong>北京大学</strong>英语新闻网/<strong>Peking</strong> <strong>University</strong> <strong>News</strong><br />

and S. Korea share the cultural identification. The integration should begin in such<br />

fields as Information Technology where there already exists a well cooperation<br />

among the three countries, and to make out the relatively uniformed standards on<br />

production, then to expand to other areas gradually.<br />

Director <strong>of</strong> the Institute <strong>of</strong> the Korean Culture <strong>of</strong> the Central <strong>University</strong> for the<br />

Nationalities Huang Youfu held that the most prominent character <strong>of</strong> the global<br />

economic development during the late 20th century is the formation <strong>of</strong> economy<br />

community. North America, Europe and other areas have been accelerating the<br />

construction <strong>of</strong> their free markets. The East Asian countries are now attempting to<br />

construct a free market.<br />

He said the strategy <strong>of</strong> a free market in East Asia is an essential part <strong>of</strong> the East Asia<br />

Economy Community. According to the common research by China, Japan and S.<br />

Korea, once the three countries have signed the convention <strong>of</strong> a free market <strong>of</strong> East<br />

Asia, the three countries will surely increase their export, reduce the friction on<br />

commerce, reform the state-own corporations more effectively, expand the<br />

investment, promote the national well-being and increase the national competitive<br />

strength.<br />

At present, the multilateral economic cooperation in Northeast Asia is at the stage <strong>of</strong><br />

beginning. In October <strong>of</strong> 2003, leaders <strong>of</strong> China, Japan and S. Korea signed the<br />

―Joint Statement on the Promotion <strong>of</strong> the Coordination Among the People‘ s Republic<br />

<strong>of</strong> China, Japan and the Republic <strong>of</strong> Korea‖ in Indonesia, which reached the consent<br />

on the promotion to the cooperation in the 14 areas as business, culture, personnel<br />

exchange, politics and security. In November <strong>of</strong> 2004, the committees <strong>of</strong> the three<br />

countries submitted the ―Motion Strategy on the Coordination <strong>of</strong> the People‘ s<br />

Republic <strong>of</strong> China, Japan and the Republic <strong>of</strong> Korea‖, which reported in detail the<br />

situation after the publication <strong>of</strong> the ―Joint Statement‖.<br />

Edited By : Wang Fanfan<br />

Translated By : Huang Jialiang<br />

Source : Xinhua <strong>News</strong> Agency<br />

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