RCEP and Industrial Chain Optimization Under China’s New Development Pattern of Dual Circulation
（School of Economics，Institute of Economics，Lanzhou University of Finance and Economics，Lanzhou 730020，Gansu，China）
Abstract：Region Comprehensive Economic Partnership (RCEP) makes this region to be the largest Free Trade Zone (FTA) in the world，which will have an important impact on the reconstitution game of global industrial chain. Based on the construction of the dual circulation new development pattern，the closer economic contacts in the RCEP region，and the reality that ASEAN has become China's largest trading partner，optimizing foreign economic relations under the guidance of constructing a dual circulation industrial chain is the principle for China to deepen the cooperation with RCEP partner countries. With the consideration of RCEP suggested by ASEAN in 2011，the author carries out research on the feasibility of China to optimize the dual circulation industrial chain by using the development data from 2010 to 2020. The conclusion shows that：first，regional economic vitality，the close degree of national economic contacts and the value structure of trade commodities show that RCEP can promote the optimization of China’s dual circulation industrial chain；second，by using differentiated chain way of thinking and RCEP dividends，we can optimize the dual circulation industrial chain，that is to say constructing complementary supply chain of energy and resources industry，participating global agricultural products industrial chain to compensate for domestic high- end agricultural products supply and demand chain，and constructing manufacturing industry chain to develop regional absolute advantage；third，we should give full play to the advantages of industrial parks to improve the value of electromechanical industry chain，give full play to the advantages of RCEP members in the integrated circuit industry，and construct the integrated circuit industry chain with regional characteristics；and fourth，taking provinces as the regional units to construct the dual circulation industrial chain，scientifically treating the excess capacity and inventory of some industries，dealing with the economic relation with RCEP partner countries from the perspective of coexistence of danger and opportunity，paying attention to industrial cooperation and division of labor from the top design，and so on are the guarantee for China to construct the dual circulation industry chain.
Key words：RCEP；dual circulation；industry chain；economic security；the Belt and Road