A Study On Influencing Factors Of China And Russia Goods Trade

The trade relationship between China and Russia has always been close.Since the Silk Road Initiative was proposed,the trade cooperation between the two countries has reached an unprecedented height.However,in terms of the current scale of trade in goods between the two countries,there is still a big difference from the expectation.In order to further expand the scale of trade in goods between China and Russia,therefore,it is very important to find out the main factors affecting the scale of trade in goods between the two countries.So this paper selects the trade data of goods between China and Russia from1995 to 2018,and USES the methods of correlation analysis and regression analysis to discuss the influence degree of factors affecting the trade of goods between China and Russia.In general,the factors that promote the trade of goods between China and Russia are the level of economic development,friendly political relations,frequent diplomatic activities and mutual direct investment.Higher tariffs and exchange rate fluctuations are not conducive to goods trade between China and Russia.Specific terms,the level of economic development of the two countries in different ways affect the trade between the two countries,Russia’s level of economic development mainly through affecting the national purchasing power to influence China’s exports to Russia’s goods,China’s economic development level of a few is by purchasing power to reflect its import,more is affecting the productivity to meet the demand of Russia and other countries people to promote its export.In addition,the cultural distance between the two countries is not unchangeable,which is not conducive to trade.On the contrary,it will promote the trade of goods in a certain period of time,and the relationship between the two countries is non-linear.Finally,on the basis of empirical analysis and theoretical analysis,the paper proposes to maintain medium-high speed economic growth,implement zero tariff policy,and improve the integration policy of investment and trade.On the political front,we should consolidate the foundation of political mutual trust,expand cooperation areas and increase political and diplomatic activities.In terms of culture,measures such as strengthening cultural exchanges and matching trade strategies with cultural characteristics should be taken to promote and expand the healthy and rapid development of bilateral trade between China and Russia...