Analysis Of Sino-Kazakhstan Trade Potential And Influencing Factors

Kazakhstan and China have carried out fruitful cooperation in the field of import and export trade under the framework of the "Belt and Road" initiative,which not only enables China to surpass Russia as Kazakhstan’s largest trading partner,but also enables Kazakhstan.According to the 2016-2020 China-Kazakhstan trade quarterly data,the overall characteristics and structural characteristics of China-Kazakhstan trade cooperation products and the main influencing factors show that: the overall economic scale of the two countries,the level of GDP per capita,tariff rates,the international financial crisis,the influence of the "Belt and Road" initiative on the total trade in basic goods and trade and other factors indicate the complexity of the influencing factors trade;complementary trade in traditional industries between China and Kazakhstan will continue to expand and the structure of the bilateral trade sector will be improved.At the same time,promoting the integration of bilateral trade and investment should become the development field of China-Kazakhstan economic and trade relations.It is foreseeable that with the advancement of the "Belt and Road Initiative",the development prospects of cooperation and trade and investment between China and Kazakhstan will become more and more broad.Kazakhstan’s economic and trade development has made great strides,and its imports and exports are also growing.At the same time,in terms of overall development,ChinaKazakhstan joint trade has also achieved deeper development,especially in the field of economic and trade.As the volume of trade between the two countries continues to grow,the development trend of trade between the two countries can be clearly seen.The scale of bilateral trade continues to expand.According to statistics,since 1991,the growth of bilateral trade has been very strong,especially considering that it exceeded 10 billion US dollars in2007.China’s trade position in Kazakhstan has become more important,and the share of trade with China in Kazakhstan’s total trade volume is increasing day by day.At the same time,the field of trade and investment is also expanding.According to data analysis,China’s investment in Kazakhstan is mainly divided into petroleum exploration and production,gas stations,networking and agricultural product processing.At the same time,Kazakhstan’s investment in China is mainly distributed in Xinjiang,where regional trade exchanges have the characteristics of close,fatigue and weakness in subsequent development.In terms of political support,there is also strong political support for the development of relations between China and Kazakhstan.On the basis of good contacts and discussions between China and Kazakhstan,they have unanimously signed economic and trade agreements,investment protection agreements,cargo and automobile industry inspection agreements,supported economic and trade relations between the two countries,and ensured the long-term and comprehensive development of economic and trade development between the two countries.The relevance of work.With the deepening of China’s development,Kazakhstan has formed an economic community,and the economies of the two countries are highly unified.However,in the rapidly developing economic environment,both countries are in the process of transformation and improvement.The market mechanism and market monitoring system of the two countries are still under development,and a reliable supervision system for the trade process has not yet been formed.All have different degrees of disadvantages,which have caused certain restrictions on the unhindered development of bilateral trade cooperation.