What does decoupling and chain breaking mean?

Decoupling and disconnection refer to the phenomenon of reduced cooperation and disconnection between countries due to various reasons.

In the context of globalization, the connections between countries are becoming closer and closer, and efficient cooperation has become the focus of people's attention. However, the recent phenomenon of "decoupling and disconnection" has begun to erode the foundation of efficient global cooperation. The emergence of this phenomenon is worth pondering. In this case, international cooperation has been fundamentally damaged, and the global economic and political order will be affected. Frequent protectionist tendencies and political differences have become one of the main reasons for decoupling and disconnection.

The political leadership’s independence and struggle for hegemony have become the main elements disrupting international cooperation and order. International cooperation needs to be strengthened to jointly deal with various problems. Countries need to abide by international laws and rules and try to avoid the emergence and expansion of any form of sphere of influence and political differences.

Solutions to decoupling and breaking links:

1. Actively establish and strengthen industrial chain and supply chain connections with industry undertaking countries, from simple production capacity transfer to include equity investment, trade , production outsourcing and other diversified models of foreign investment pattern, achieving closer division of labor and cooperation between overseas industries and local industries. Actively promote the signing of RCEP as scheduled this year and bring economic and trade cooperation with ASEAN and other countries to a higher level.

2. Deepen cooperation in high-end industrial chains between China, Japan and South Korea and promote the process of regional economic integration in East Asia. China, Japan and South Korea are geographically close, have a solid value chain foundation, and strong industrial complementarity, making it easy to form a closed-loop chain. In the future, the division of labor and cooperation between the three countries in the industrial and value chains should be deepened, especially cooperation in high-end manufacturing should be strengthened, and the level of trade and investment liberalization and facilitation should be continuously improved.

Reference for the above content: Baidu Encyclopedia-Decoupling and breaking the link