Research On Competitiveness And Complementarity Of Trade Between China And The Main Six Countries Of Silk Road Economic Belt

“The Belt and Road Initiatives” have attracted close attention from all over the world Since initiative on Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road was proposed. It has been brought into line with the national development agenda of China formally and it will become China’s interior reform and the exterior opening strategy in the future for a long period. Common development is in the interests of The Silk Road Economic Belt and peaceful coexistence is its principle. It is an open, friendly regional economic development strategy. The implementation of the concept will face threats and challenges. Countries should work in concert and move towards the objectives of mutual benefit and common security. The international trade and investment landscape and rules for multilateral trade and investment are undergoing major adjustments, countries still face big challenges to their development. From the perspective of trade development, we should expand trading areas, improve trade structure, explore new growth areas of trade, and promote trade balance. We should make innovations in our forms of trade, and develop cross-border e-commerce and other modern business models. A service trade support system should be set up to consolidate and expand conventional trade, and efforts to develop modern service trade should be strengthened. We should integrate investment and trade, and promote trade through investment.Along the Silk Road Economic Belt, six countries was selected, because the have close trade relation with China, they are Russia, India, Iran, Kazakhstan, Iraq and Pakistan. These six countries are not only communicated the Silk Road Economic Belt north-south and east-west strategic nodes, but also radiative zone on the cusp of superpower-hood. Although they are rich in energy resources, has great potential for development and the interests of space, but they are also the world political and economic collapse zone. From the perspective of economics and trade, the thesis based on UNCOMTRADE, WITS and UNCTADstat database, figures RCA, TCI, ESI, TCD to clarify the industrial advantages, disadvantages,competition and trade relations to put forward meaningful valuable policy suggestions about improving industrial supporting capacity and the overall competitiveness of regional industries.Through the index analysis, conclusions are as follows: Six countries along the Belt and Road have their own resource advantages and their economies are mutually complementary. Even though the comparative advantage of Russia, India, Kazakhstan, Pakistan on manufactured goods continue increasing, but in the field of manufactured goods, China still has considerable comparative advantage. On the other said, from the TCD index we know that the trade relations between China and these countries have been very close. So competitive situation remains good for China’ manufactures at present. However, China still should strengthen its comparative advantages, to make the advantages of industry specialization, enhance the capability of independent innovation, deepen the industrial structure analysis of national surveys for national circumstances, adjust the structure of import and export commodities. With the exception of India, other countries are have comparative advantages on energy products, while China’s energy dependency on these countries are still growing. Thus, China needs multi-pronged approach from the domestic and foreign. In addition, the development of cooperation between China and other countries is imbalance. We should establish a network of free trade areas and FTA that meet high standards, maintain closer economic ties with these countries, and deepen regional economic integration and cooperation. Participate in building Silk Road Economic Belt is the only way to resolve the barriers effectively.