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Editor's note: Jessica Durdu, a special commentator on current affairs for CGTN, is a foreign affairs specialist and PhD candidate in international relations at China Foreign Affairs University. The article reflects the author's opinions and not necessarily the views of CGTN.
The 13th Trilateral Economic and Trade Ministers' Meeting between China, Japan and South Korea held in Seoul on March 30 marks a pivotal moment for regional and global economic dynamics. Amid the headwinds of rising protectionism and supply chain disruptions, compounded with tariff and sanction threats from the U.S., the resumption of trilateral communication between the three economic powerhouses of East Asia augurs well for deeper cooperation in trade, digital transformation, and green development. Such a trilateral commitment not only strengthens the economic resilience of the Asia-Pacific region, but also presents a viable alternative to the increasingly fragile U.S.-led global trade system which has become fraught with uncertainty.
China, Japan, and South Korea are unique and indispensable players in the global economy. Each country has distinct economic strengths that complement one another. China, as the world's second-largest economy, is an industrial and technological giant, serving as the world's primary manufacturing hub and bellwether in infrastructure and innovation development. It also pioneers global industrial production, rare earth minerals, and digital finance, while Japan specializes in high-value engineering, robotics, and automobile manufacturing. South Korea, with its competitive shipbuilding, semiconductor, and consumer electronics industries, acts as a bridge between Japan's technological expertise and China's mass manufacturing capabilities. This division of labor and specialization forms a trade ecosystem that enhances efficiency and innovation, positioning the region as one of the most dynamic economic blocs in the world.
Beyond increasing external trade pressure coming from the Donald Trump administration through its sanctions and tariffs, the intrinsic benefits of deeper economic cooperation among these three nations also offer compelling reasons to strengthen ties. Their geographic proximity, shared industrial interdependence, and established supply chain networks provide a natural foundation for trade and investment collaboration. Recognizing these advantages, the three sides are seeking ways to further integrate their economic strategies to maximize efficiency and drive sustainable growth.
Harmonizing the logistics to fasten supply chains, combining the expertise of China's advancements in AI and digital finance, Japan's excellence in precision technology, and South Korea's leadership in semiconductor production, reducing tariffs, streamlining regulatory barriers, and creating a seamless trade environment. All these efforts create an economic formula that benefits not just themselves, but also other Asia-Pacific economies. By aligning their policies on trade facilitation, digital economy regulations, and environmental standards, China, Japan, and South Korea represent a potential to shape global trade norms that fit Asia's economic realities rather than defaulting to Western-centric models.
The emphasis on digital and green economic development of this trilateral collaboration is also in the spotlight. In many ways, China, Japan, and South Korea are already global front-runners in these fields. Their combined expertise in AI, renewable energy, and advanced manufacturing means the three sides could join hands and steam ahead in shaping the future of the global economy. To break it down, China, with its rapid advancements in AI and fintech, is setting the pace for global digital transformation while Japan's strengths in robotics and automation complement South Korea's specialty in semiconductor production, forming a technology ecosystem that can drive global innovation. Strengthening these connections will not only ensure technological leadership, but also offer a model for other economies.
A student experiences a VR device during a science fiction carnival at the China Science Fiction Convention 2025 in Beijing, capital of China, March 28, 2025. /Xinhua
On the green economy front, China leads the world in renewable energy investment, particularly in solar and wind power. Japan is a pioneer in hydrogen technology, while South Korea is rapidly expanding its electric vehicle and battery industries. A coordinated approach to green development could accelerate the global energy transition, making clean technologies more accessible and cost-effective while reducing the dependence on other countries in conventional energy practices.
On top of all the above-mentioned advantages emerging from the trilateral cooperation, it also serves as a strategic response to U.S. protectionist policies. The Trump administration's tariffs on steel, aluminum, and automobiles have disrupted global supply chains, particularly affecting East Asian economies. The ongoing sanctions against Chinese technology firms and financial restrictions on key industries have further complicated trade dynamics. In this context, regional economic collaboration is emerging as a counterbalance to these external pressures and serves as a regional guarantee against a non-regional threat. Additionally, it also allows them to maintain competitiveness by developing self-sufficient supply chains that are less exposed to the regulatory constraints of the West.
While the prospects for regional economic integration are promising, several challenges may be waiting ahead. External pressures, such as U.S. diplomatic interventions and security alliances, may seek to disrupt the momentum of trilateral trade initiatives. Nonetheless, the economic rationale for continued collaboration by these three countries remains strong in the long run.
Therefore, the trilateral meeting represents more than just another round of trade talks; it signals a potential paradigm shift in global economic relations. China, Japan, and South Korea are not merely reacting to external pressures, but proactively shaping a new economic landscape, one that prioritizes regional stability, technological leadership, and sustainable growth in the face of the storm clouds gathering in the global economic landscape. As they forge ahead, their partnership may set the stage for a more resilient and innovative global trade framework, infusing more certainty during uncertain times.
(If you want to contribute and have specific expertise, please contact us at opinions@cgtn.com. Follow @thouse_opinions on Twitter to discover the latest commentaries in the CGTN Opinion Section.)