Study on industrial manufactured goods trade potential between Chinese and the five Central Asian countries under the Belt and Road policy background

DOI

10.2991/icesame-17.2017.217How to use a DOI?

Keywords

Belt and Road Initiative; Five Central Asian countries; Manufactured Goods; Trade potential; Gravity model

Abstract

After China announced "The Belt and Road" strategy, which has aroused strong repercussions in the world, and the relevant countries on this strategy have very high expectations. Five Central Asian countries are one of the core areas of "The Belt and Road" strategy. This article use date derived from the bilateral trade present situation of the manufactured goods of China and the five Central Asian countries to study the potential trade in manufactured goods between China and Central Asia five countries. Firstly, we use the index method. The analysis results show that Chinese and the five Central Asian countries trade of manufactured goods has a good degree of trade integration, but also has a strong advantage in export competitiveness. However, in terms of trade complementarity in addition to Kyrgyzstan are not ideal. Then, the variables such as population, railway transportation, border, whether it belongs to the Shanghai cooperation organization and whether it belongs to the WTO organization of the import country and export country are added into the gravity model .The text uses the above model to collect data for empirical analysis, and then use the regression model to calculate the trade potential. The results show that the trade of manufactured goods between China and the five Central Asian countries is in the stage of trade expansion, and has a certain space for development. Finally, according to the results of the analysis, the paper gives some suggestions to promote the development of trade in manufactured goods between China and five Central Asian countries.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Genxia Chen
AU  - Haosheng Liu
PY  - 2017/06
DA  - 2017/06
TI  - Study on industrial manufactured goods trade potential between Chinese and the five Central Asian countries under the Belt and Road policy background
BT  - Proceedings of the 2017 2nd International Conference on Education, Sports, Arts and Management Engineering (ICESAME 2017)
PB  - Atlantis Press
SP  - 993
EP  - 998
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesame-17.2017.217
DO  - 10.2991/icesame-17.2017.217
ID  - Chen2017/06
ER  -