Research On Bilateral Trade Expansion Between China And Moldova Under The“bBelt And Road Initiative”

Established in 1991,the Republic of Moldova is located in Europe.In recent years,the Republic of Moldova has made some progress with the development of the world economic tide.However,the GDP of the Republic of Moldova is still one of the lowest countries in Europe.The main economic source of the Republic of Moldova is agriculture and exports.In 1992,the Republic of Moldova established diplomatic relations with China.During the years since the establishment of diplomatic relations,the exchange of experience and economic assistance between China and the Republic of Moldova has been more important.At the same time,the Republic of Moldova relies much more on China's imports than on its exports.In recent years,under the policy of "one belt and one road" in China,the import and export relations between the Republic of Moldova and China have changed.First of all,the" one belt and one way" is the path of economic growth in the two countries of Moldova and China.Through cooperation,the economy of the Republic of Moldova of China has developed greatly,and the Republic of Moldova has also provided resources support for China;secondly,it has achieved the rebalancing of globalization.The Republic of Moldova is one of the important cooperative countries in China's "one belt and one way" economic belt.China is driving the economic development of other countries in the economic belt.On the one hand,it promotes the development of China's own and economic belt countries,on the other hand,it also promotes the balance of world economic development.This paper mainly analyses the prospects of Moldova and China's international trade development.Because Moldova lacks its own energy and most of its energy needs to be imported,Moldova relies heavily on other energy-rich exporting countries,and any political and economic decisions need to be made more carefully.China is rich in resources and has put forward the strategy of "one belt and one road".If Moldova can develop China Moldova free trade with the help of the "one belt and one way" platform,it will not only increase the export volume of Moldova,but also stimulate the upgrading of the number,regulation and productivity of Moldova's domestic enterprises,and at the same time,create more jobs and increase government revenue.And so on.From Moldova's point of view,China-Moldova free trade will accelerate Moldova's economic development,improve its trade balance,and help itself to solve the external debt problem.In addition,from the perspective of China,because Moldova is involved in the "one belt and one way" strategy,China's products will reach the European market faster,and China can also expand its import and export market and route.This paper analyses the trade development between China and Moldova through six chapters,including the relevant theories of China-Moldova trade,the current situation and characteristics of China-Moldova bilateral international trade,the influencing factors of China-Moldova trade development,the development prospects of China-Moldova trade,conclusions and suggestions.The main idea of this paper is to find out the obstacles and prospects of China-Moldova trade through literature and empirical analysis.Through the analysis of this study,it can be concluded that,firstly,Moldova's imports from China are much larger than its exports;secondly,the trade deficit is one of the main problems of the Republic of Moldova and the types of goods Moldova can export to China are very single;thirdly,Moldova's trade development with China is influenced by economic and political factors.Since then,China's "one belt and one way" policy has played a catalytic role in bilateral trade between China and Moldova.