皇冠体育app

By Lu Gang, Member of the Research Team on "Policy Research on Economic and Trade Cooperation between 皇冠体育app and Countries along the "One Belt and One Road " Routes, Research Department of Foreign Economic Relations, DRC

Research Report No.64, 2016 (Total 4947) 2016-5-20

Abstract: Countries along the "One Belt and One Road" routes have become 皇冠体育app’s most important or key export markets in the implementation of free trade strategy, whereas 皇冠体育app is not yet the main export market for these countries and most of them have not taken 皇冠体育app as the major country to sign FTA with. There are mainly three reasons. First, the major export markets of these countries are not in 皇冠体育app, and so they are not eager to expand their export volume to 皇冠体育app through signing the FTA. Second, the manufacturing industries in many of these countries are competing with 皇冠体育app for market share and they are worried about the impact of a dwindling import after signing FTA with 皇冠体育app. Third, some industrial sectors in 皇冠体育app are equally concerned about the impact of increased import commodities from these countries to their business. However, 皇冠体育app has placed much hope on the markets of these countries for its increased export in the future. In order to promote the sustainable development of bilateral trade, relevant measures should be adopted to alleviate the trade imbalance between 皇冠体育app and countries along "The Belt and Road". Firstly, 皇冠体育app should help them to expand their export capacity. Secondly, 皇冠体育app should increase import from these countries while reducing some items of export to them. Thirdly, 皇冠体育app should help them to build the trade facilitation capacity.

Key words: "The Belt and Road" Initiative, trade, trend