The establishment of China-South Korea Free trade area has a positive role in promoting bilateral trade. By analyzing the current situation of China-South Korea trade, the features of China-South Korea Free trade agreement and using intra-industry trade index and other indicators, this article intuitively shows the impact of trade. According to the analysis of the trade effect on China and South Korea, it is concluded that the intra-industry trade keeps improving, the trade deficit of both sides keeps shrinking, and the regional creation effect is obvious, as well as relevant suggestions for enterprises to increase preferential efforts to ensure the activity of the Free trade area and improve the standardization of it.

Ⅰ. Introduction
Ⅱ. Features Showing of China-South Free Trade Agreement
    1. Relatively High Standards for the Content of the Agreement
    2. High Standard of Agreement
    3. Focusing on Industries with Comparative Advantages
Ⅲ. The Trade Effect of the China-South Free Trade Area
    1. The Influence of China-South Korea Free Trade Agreement on Intra-industry Tradebetween China and South Korea
    2. The Impact of China-South Korea Free Trade Agreement on China-South KoreaTrade Balance
Ⅵ. Conclusions and Policy Recommendations
    1. Conclusions
    2. Policy Suggestions
Reference
ABSTRACT

• Wang Jiachen(Majoring in International Trade Management, Woosuk University, Korea, doctoral candidate)