The Research Of Trade Complementarity Between Countries Along The Silk Road Economic Belt

In 2013,China proposed the "Silk Road economic belt" as a new national strategy to build a new platform for global economic co-operation.Trade opening is an important part of “five ways of opening”,which is vital to enhance the level of interconnectivity in this region.Therefore,achieving trade opening is urgent and worthy for these countries along the Silk Road Economic Belt.After choosing China(CHN),Kazakhstan(KAZ),Russian(RUS),Germany(GER)as the representative countries from Central Asia to Europe,the researcher used SITC Rev.3 to classify the trade data of those countries and analyzed the development and latest condition of trade between China and these three countries from 1996 to 2013.Then,from the perspective of China’s imports and exports,this paper measured the trade closely degree between CHN,KAZ,RUS,GER by using TCD and analyzed the commodity export competitiveness of SITC0-9 for CHN,KAZ,RUS,GER through RCA to figured out whether these four countries have trade complementarity.And to reinforce these degrees and conclusions,the researcher measured these four countries’ trade complementarity degree of commodities SITC0-9 from China’s export advantage and import disadvantage by using TCI and Cij,and then analyzed the trade complementarity’s characters of CHN-KAZ,CHN-RUS,CHN-GER through TSC.Combining this point and the complementarity analyze results,this paper researched and finally found the resolution and provoke a feasible project for interconnectivity.Through the study we found,trades between China,Kazakhstan,Russian,and Germany have become increasingly close and China has strong trade complementarity with these countries in non-food raw materials,mineral fuels,manufactured goods classified by raw materials,machinery and transport equipment and miscellaneous products.China should focus on these complementary commodities with those countries and achieve trade opening by strengthening the base of existing trade,adjusting trade structure gradually,focusing on the “double-track system” of energy imports,improving the technical level of manufactured goods exports,cultivating the Chinese advantage brands,promoting trade transformation and upgrading,strengthening the construction of infrastructure,improving governments’ cooperation and trying to build a good trading environment.