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Study On The Strategy For The Export Of Commodity Products From China To The Countries Of "The Belt And Road"

Posted on:2019-02-18Degree:MasterType:Thesis
Country:ChinaCandidate:W R SunFull Text:PDF
GTID:2439330572464533Subject:History of Economic Thought
Abstract/Summary:PDF Full Text Request
China's relations with the world have become closer and its foreign trade structure has also been continuously improved since the Reform and Opening.At present,the world is in the post-financial crisis era,and China is facing different challenges such as the slow recovery of the global economy and the imbalance of world economic and trade development.It also faces the overcapacity brought by the extensive development mode over the years,and problems such as insufficient domestic market demand.During this period,facing complex domestic and international economic situations,it becomes particularly important to optimize the industrial structure under the premise of maintaining economic growth.Therefore,Chinese government has creatively proposed the "the Belt and Road"cooperative development initiative."the Belt and Road" is the abbreviation of "Silk Road Economic Belt" and "21st Century Maritime Silk Road".In 2013,Chinese Chairman Xi Jinping proposed the concept of cooperation on the"Silk Road Economic Belt" and "21st Century Maritime Silk Road".As the historical symbol of"the Belt and Road" Initiative,the Silk Road has begun its trade with its countries along the Silk Road since the Han Dynasty.At that time,China's silk and porcelain craftsmanship was superb,the Silk Road means to transport those goods to the West World.With the development of trade,in addition to trade in goods,Chinese intangible products such as art and culture have spread to the west,and Western literature and religion have also spread to China,providing good conditions for the exchange of goods and culture between the two sides.The Silk Road on the Land was a world trade channel opened up by Zhang Qian in Han Dynasty in the late 2nd century BC with a sacred national mission and a slim chance of surviving.Zhang Qian's two trips to the Central Asian region and Iran today led to the formation and development of the Silk Road on the land.In addition,with the continuous development of the shipbuilding industry,China's maritime trade is also expanding,and it has gone south to South Asia during the Martial Emperor.In the subsequent historical development,the Silk Road on Land was interrupted several times due to the war,but the Maritime Silk Road went on developing.In the Tang Dynasty,the government vigorously promoted the development of maritime trade,the southeast coastal ports continued to open up,and the Maritime Silk Road was more developed.Through the development of the Song and Ming dynasties,China's trade with South Asia and the Persian Gulf region became more frequent.However,with the Qing dynasty's maritime ban policy,China's ocean routes have almost stagnated,but there are still oceanic fleet represented by Zheng He,he went to the Western Ocean seven times,extending the route to the east coast of Africa and the coast of the Red Sea,pushing the maritime Silk Road to a new climax.However,with the decline of the Qing government,especially after the Opium War,a series of wars of aggression against China and the signing of unequal treaties,China almost completely lost its independent foreign trade,and the Silk Road's equal and civilized foreign trade no longer exists.Therefore,the reconstruction of "the Belt and Road" in the new era is still in the stage of "wade across the stream by feeling the way".There is no obvious experience and lessons to follow.Therefore,in-depth research on this has extremely far-reaching theoretical and practical significance.This paper puts aside the traditional trade elasticity research method,selects 23 representative countries along "the Belt and Road" initiative based on China's export commodity trade panel data during 1995 to 2016,distinguishes the price effect and the income effect caused by price changes,associates the price elasticity and income elasticity,uses the PVAR model to study the dynamic relationship between commodity export prices,export volume and national income of the countries in "the Belt and Road".This paper analyzes different nature of commodities in different industries in different types of countries and formulate different adjustment strategies by categorizing countries with different income levels.The results suggest that:1.The lower income levels the countries is in,the more sensitive will they are for the same degree of export price adjustment;2.The lower income levels the countries is in,the more low-end products will they provide while China exports different types of goods to countries in different income levels;3.Accession to the WTO made China's output to middle-income countries increased,and the prices reduced,while it has limited influence on countries in higher income levels;4.China's exchange of rate system reform in 2005 has increased China's exports to different countries completely,but the export prices have different degrees of changing;5.After the global economic crisis,China suffered a lower degree of crisis than other countries,generally,the global economic crisis had little impact on China.
Keywords/Search Tags:the Belt and Road, trade elasticity, price effect, export, PVAR model
PDF Full Text Request
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