Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)

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A study on the trade complementarity and competitiveness of mechanical and electrical products between China and RCEP member countries

Authors
TAN Fen1, *
1Digital Economy School, Dongguan City University, Dongguan, 523000, Guangdong, China
*Corresponding author. Email: tanfen@dgcu.edu.cn
Corresponding Author
TAN Fen
Available Online 28 September 2023.
DOI
10.2991/978-94-6463-260-6_50How to use a DOI?
Keywords
RCEP; mechanical and electrical products; trade relations
Abstract

After the official implementation of the RECP agreement, it will provide more import and export cooperation opportunities and development space for China's trade in mechanical and electrical products. Using the UN Comtrade database, this paper collates the trade situation of mechanical and electrical products between China and RCEP member countries from 2012-2021, and conducts an indexical analysis of the trade structure between China and each RCEP member countries. The results show that China's trade in mechanical and electrical products with developed economies such as Japan, South Korea and Singapore is weak and stable in terms of competitive relations and strong in terms of trade complementarities, and has greater trade potential; its trade relations with Philippines, Indonesia, Australia and New Zealand is low in terms of both competitiveness and complementarities. Based on this study, recommendations are made to further promote China's trade in mechanical and electrical products with RCEP countries to improve its quality.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
28 September 2023
ISBN
10.2991/978-94-6463-260-6_50
ISSN
2352-5428
DOI
10.2991/978-94-6463-260-6_50How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - TAN Fen
PY  - 2023
DA  - 2023/09/28
TI  - A study on the trade complementarity and competitiveness of mechanical and electrical products between China and RCEP member countries
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 384
EP  - 393
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_50
DO  - 10.2991/978-94-6463-260-6_50
ID  - Fen2023
ER  -