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Xinxuan Cheng, Longfei Fan, Jiachen Wang:Industry Competitiveness and Complementarity between China and Eurasian Economic Union Countries

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The implementation of strategic docking between Silk Road Economic Belt and the Eurasian Economic Union (the Union) is of great significance to facilitate the stable expansion of bilateral trade volume, diversification in major areas of trade, and the continual improvement of technical content level of trade products. This paper first uses the revealed comparative advantage index to study the competitiveness of

industries with different technical levels for China and the Union member countries. Then, the trade complementarity and trade integration between China the Union member countries are studied by using the trade complementarity index and trade intensity index. Based on these results, the paper gives some advice on expanding and deepening the bilateral economic and trade cooperation.

Keywords:   comparative advantage, trade complementarity, trade integration, technological difference, asymmetry

 

 

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China Finance and Economic Review

Volume 8 Number 1 Spring 2019.P33