Next-Level Relations China-Laos Economic and Trade Cooperation Exchange Conference fortifies bilateral economic ties

On September 5,the ChinaLaos Economic and Trade Cooperation Exchange Conference,themed"Highlevel Opening-up and Building a China-Laos Community with a Shared Future,"took place in Vientiane,capital of Laos.The purpose of the conference was to review the achievements of bilateral economic and trade cooperation and work together to develop the roadmap to high-quality development of China-Laos economic and trade cooperation by focusing on shared goals,pooling strength,and adhering to results-oriented collaboration.

Empirical Analysis of Xinjiang's Bilateral Trade: Gravity Model Approach

Based on the basic trade gravity model and Xinjiang's practical situation, new explanatory variables (GDP, GDPpc and SCO) are introduced to build an extended trade gravity model fitting for Xinjiang's bilateral trade. From the empirical analysis of this model, it is proposed that those three variables affect the Xinjiang's bilateral trade posi- tively. Whereas, geographic distance is found to be a significant factor influencing Xinjiang’s bilateral trade negatively. Then, by the extended trade gravity model, this article analyzes the present trade situation between Xinjiang and its main trade partners quantitatively in 2004. The results indicate that Xinjiang cooperates with its most trade partners successfully in terms of present economic scale and developing level. Xinjiang has established successfully trade part- nership with Central Asia, Central Europe and Eastern Europe, Western Europe, East Asia and South Asia. However, the foreign trade development with West Asia is much slower. Finally, some suggestions on developing Xinjiang's for- eign trade are put forward.

China-Europe Freight Train Promotes Bilateral Trade

On October 8,the'Belt and Road'Leading Group office published the'ChinaEurope Freight Train Development Plan',which is a fiveyear plan in accordance with China’s13th'Five-Year Plan'.The document formulated the major tasks for the construction of China-Europe freight train project for the next five years,and clarified three space layouts,including the China-Europe

China Should Stimulate Bilateral Good Trades to Cope with the Challenge between China and Germany

2017 marks the 45th anniversary of diplomatic relations between China and Germany. Now ＇Germany is the fifth largest tradepartner of China around the world, and the largest one in Europe, while China has topped the United States and France and become the largest trade partner of Germany.

The Diffusion of Bilateral Tendencies in the Common Trade Policy of the European Union During the Global Financial and Economic Crisis

In this research work, the author focuses on the analysis of the diffusion of bilateral tendencies in the common trade policy of the European Union （EU） during the global financial and economic crisis. Realistic point is important trends in the trade regime during the economic crisis. The decisions taken by the representatives of the governments participating in the World Trade Organisation （WTO） are, to a significant degree, influenced by various lobbies, such as organisations and unions of food producers or other non-governmental organisations, including trade unions, The main objective of the research task is to give a comprehensive analysis of the international trade policy during the world financial and economic crisis 2008-2010. The particular mains concern the political economy models of foreign trade policy, protectionistic pressures in different political system, the level of protectionistic pressures, food producer pressures, international trade liberalization, and environmental protection bilateral tendencies in the common trade policy of the EU and the respond of the EU to the economic crisis, it must be emphasized that on a theoretical level, understanding the choice of trade policies between liberalizm and protectionisme is very important. Despite the undeniable benefits of the multilateral WTO forum for trade liberalisation, the rapid increase of North-South bilateral and multilateral Free Trade Areas （FTAs） begs a systematic explanation for why some forums are prioritized relative to others.

Blockchain-Based Secure and Fair IoT Data Trading System with Bilateral Authorization

These days,data is regarded as a valuable asset in the era of the data economy,which demands a trading platform for buying and selling data.However,online data trading poses challenges in terms of security and fairness because the seller and the buyer may not fully trust each other.Therefore,in this paper,a blockchain-based secure and fair data trading system is proposed by taking advantage of the smart contract and matchmaking encryption.The proposed system enables bilateral authorization,where data trading between a seller and a buyer is accomplished only if their policies,required by each other,are satisfied simultaneously.This can be achieved by exploiting the security features of the matchmaking encryption.To guarantee non-repudiation and fairness between trading parties,the proposed system leverages a smart contract to ensure that the parties honestly carry out the data trading protocol.However,the smart contract in the proposed system does not include complex cryptographic operations for the efficiency of onchain processes.Instead,these operations are carried out by off-chain parties and their results are used as input for the on-chain procedure.The system also uses an arbitration protocol to resolve disputes based on the trading proof recorded on the blockchain.The performance of the protocol is evaluated in terms of off-chain computation overhead and on-chain gas consumption.The results of the experiments demonstrate that the proposed protocols can enable the implementation of a cost-effective data trading system.

Analysis on the Level of Intra-industry Trade for ASEAN＇s Economy

This paper aims to examine and analyse the level of intra-industry trade on economy of ASEAN. These data obtained from the accurate and reliable source of ASEAN Trade Statistics databases. The importance of intra-industry and measurement is also described. Moreover, the linkage of intra-industry trade and investment liberalization under the ASEAN Economic Community （AEC） is also explained. The effective enhancement schemed to increase the competitiveness of specific industries had been proposed to enhance ASEAN to be efficient production hub and network of region that lead to the ultimate goal of single market. The further studies can be applied to construct and estimate the econometric model and forecasting technique to confirm the empirical results.

Country-level Determinants of Intra-industry Trade （liT） between China and Sri Lanka

This study is based on country level determinants of liT between China and Sri Lanka. Multiple regression analysis was used to analyze the data in this study. Determinants of IIT from Sri Lanka to China do not depend upon economic growth rate, per capita income and size of GDP. However, variables like index of openness, size of the economy, per capita income, size of GDP, factor endowment, foreign direct investments have positive impact on IIT from Sri Lanka to China. Economic growth rate, index of openness, size of the economy, factor endowment, foreign direct investments were found to be positively related with intensity of IIT from China to Sri Lanka.

China-US Trade Relations:Win-Win Picture Distorted

At present China-U.S.trade relations are in a state of confusion.Although both countries have gained tremendous benefits from the bilateral trade relationship,some Americans have intentionally distorted some basic facts regarding China-U.S.trade relations. Based on an analysis of some official and nonofficial research reports published in the United States,this article holds that the China-U.S.trade imbalance is the symptom of a bigger issue stemming from the contradiction between the United States as the world's sole superpower and China as an emerging power.Economic globalisation came about due to the needs of western developed countries represented by the United States to boost economic development.Only by seizing the opportunities of economic globalisation, has China gained strong economic growth. Such a development is changing the world political,economic,military and cultural landscape that have been shaped since the post-cold-war era,and has to some extent raised doubt or suspicion on the part of the United States and its western allies.This is a manifestation of how unprepared some people in the United States and other western countries are in the face of China's rapid development and rising status.So,their immediate reaction has been to seek protection for themselves,and try their utmost to prevent China's rapid growth from impacting on the international framework and their vested interests.

The Impact of Syrian Crises on the Jordanian External Trade

Jordan＇s economy is influenced significantly by events taking place in the region, and many successive events in the region occurred during the past two decades, resulted in successive waves of migrations in large numbers to Jordan. The Syrian crisis impact goes beyond the waves of refugees but extended to influence the trade routes to and from Jordan through Syrian route and ports. This research aims to analyze the impact of the Syrian crisis on the Jordanian trade through the use of regression analysis and the use of dummy variable to reflect the Syrian crisis, analyzed the monthly data for the period 2005-2015. In addition, it has used other statistical methods such as records, and has been the Syrian crisis impact analysis on the volume of trade, imports, total export, re-exported, and the national exports. In spite of the lack of trade stop with Syria completely, study showed that there is a significant decline in the trade exchange between Jordan and Syria, but the Syrian crisis may affect the Jordanian imports, the trade volume, trade balance while the study did not show any trace of the Syrian crisis on the national exports. Finally, the study recommends that there are needs for analytical studies and the use of econometric models to demonstrate the impact of the Syrian crisis measures on all sectors and on the sets of Jordanian goods imported and exported.

Economic Influencing Factors of Trade Volume Between China and RCEP Member States

This paper examines the impact of key economic factors on trade volumes between China and the Regional Comprehensive Economic Partnership(RCEP)member states.Studies have shown that gross domestic products(GDP),exchange rate,and inflation have an impact on China’s import and export trade volume with RCEP member states.China’s export trade volume to RCEP member states is deeply affected by China’s GDP,but the import trade volume depends on China’s domestic demand and market.The impact of exchange rates on import and export trade volumes varies from country to country.China’s export volume to RCEP member states is generally more affected by the consumption level of its residents than the consumption level of Chinese residents.

中国—东盟数字经济与双边贸易研究

文章选取2010—2021年样本数据,运用熵权法构建数字经济指标体系并测算中国—东盟数字经济发展水平,通过拓展的贸易引力模型检验数字经济对中国与东盟国家双边贸易的影响。数字经济指标测算结果表明,中国—东盟整体数字经济发展指数从2010年的13.62上升至2021年的27.47,数字经济发展迅速。新加坡、中国与马来西亚数字经济发展水平较高且保持稳步增长,其他国家数字经济发展水平相对较低,还有较大的进步空间。实证结果显示,数字经济发展可以显著提高中国—东盟双边贸易额,尤其是对东盟出口贸易的促进作用更大。从细分指数来看,数字基础设施、数字应用、数字创新竞争力与数字治理对中国—东盟双边贸易均产生显著的促进作用,影响程度有大有小,而数字发展对双边贸易没有显著的促进作用。此外,国家间存在的数字经济差异能显著扩大双边贸易规模,且对出口贸易影响作用更大。在细分指标中,仅数字基础设施差异对双边贸易有显著的促进作用。

加入WTO以来中美经贸关系演变下的大豆贸易研究

中美大豆贸易是中美经贸的重要组成部分。自中国加入WTO以来,中美大豆贸易深受中美经贸关系变动影响。中美经贸关系常态化下,中美大豆贸易依存度较高,中国市场对美国大豆出口的重要性和稳定性不断加强。中美经贸摩擦期间,双边大豆贸易对中美经贸摩擦紧张程度作出即时反应,一定程度上重塑了世界大豆贸易格局,但中美经贸摩擦并没有改变中美大豆贸易紧密关系。中美经贸关系止跌企稳后,新兴大豆生产国短期内仍无法撼动美国对中国进口大豆贸易的重要地位。长期来看,巴西、阿根廷与美国出口大豆将互补式满足中国大豆需求。据此,中国应维护好与美国、新兴大豆生产国的关系,减少地缘政治风险与基建落户对大豆贸易的影响;积极拓展与“一带一路”沿线国和自贸区国家的伙伴关系,鼓励具有国际经验的大中型企业“走出去”;完善大豆产业政策,引导和调动国内农民大豆种植积极性,增强国内大豆生产能力。

中国直接投资东盟对双边贸易的影响研究

本文选取2010-2021年中国与东盟双边贸易额以及中国对东盟的直接投资存量,分别构建进出口引力模型,测算出中国对东盟的直接投资存在贸易效应,发现出口效应显著大于进口效应,且进口效应不明显,从政府和企业角度提出完善贸易便利化和投资自由化措施,以期促进中国与东盟的经济贸易高质量发展。

RCEP关税减让对中日双边贸易的影响--基于动态递归GTAP模型的模拟分析

RCEP的生效为中日双边贸易带来新的机遇和挑战。根据2013—2022年SITC分类下的产品贸易数据,对中日双边贸易发展现状和贸易结构特征进行了深入分析,并运用动态递归GTAP模型模拟分析RCEP关税减让对双边贸易的影响。结果表明:中日双边贸易在样本期间呈波动增长态势,导致贸易逆差波动变化;两国贸易结构主要集中在机械和运输设备以及杂项制品,表明两国在制造业和技术领域存在相互依存关系;贸易结构特征显示,中日双边贸易互补性大于竞争性,且以产业内贸易为主,比较优势主要体现在劳动密集型和资本密集型产品上。GTAP模型分析结果表明,RCEP的生效推动了中日贸易额增长,对两国宏观经济和社会福利产生显著影响;尽管中国在经济效应上的增幅较小,但中国对外贸易潜力更多体现在与其有更大贸易互补性的其他贸易成员国。

金融改革对中国与上合组织其他成员国双边贸易的影响研究

基于利用熵权法构造的相对金融改革指数和2002—2022年中国与上海合作组织其他成员国双边贸易的面板数据,建立扩展的引力模型,实证分析了金融改革对中国与上海合作组织其他成员国双边贸易的影响。基准回归结果显示:金融改革会显著促进中国与上海合作组织其他成员国的进口贸易和出口贸易,相对金融改革指数每提升1%,中国对上海合作组织其他成员国的进口贸易额提升约0.672%,出口贸易额提升约0.576%。此外,中国相对上海合作组织其他成员国的贸易自由度越高,越有利于双方进出口贸易的发展,上海合作组织各成员国人均GDP的提升会促进中国对其他成员国的进口和出口。

供应链联系促进了双边贸易自由化吗?

本文选取92个国家形成的4186个“国家对”作为样本,分别以1998~2022年各年新成立的双边FTA以及体现FTA深度变化的变量为被解释变量构建计量模型,考察国家间供应链联系对双边FTA以及贸易自由化程度加强的促进作用。结果表明,国家间供应链联系对达成双边FTA具有显著的促进作用,分时间段的样本检验也能得到类似的结论;同时中间产品贸易显著促进了国家间FTA条款范围的扩大和加深,即供应链联系显著促进了双边贸易自由化。基于供应链联系对双边贸易自由化的内在推动力,中国在寻求双边自由贸易协定谈判伙伴,乃至实施区域经济一体化战略尤其在深化“一带一路”经济合作的过程中,注重加强同相关国家和地区的供应链联系不失为一种路径选择。

Bilateral swap agreement and renminbi settlement in cross-border trade

This research empirically examines the impact of China’s renminbi(RMB)Bilateral Swap Agreements(BSAs)on the usage of the currency in cross-border trade transactions.By using a unique dataset from SWIFT including cross-border settlement messages of 91 countries/regions between October 2010 and November 2015,we confirm that the signing of an RMB BSA helps increase the number,value and proportion of the RMB settlement in cross-border trade.Our results are robust with respect to the choice of different models,including multi-level mixed model,two-stage regression model,and difference-in-difference model.In addition to justifying the effectiveness of China’s BSA-signing strategy to promote the RMB usage in trade settlement,our results clarify that the signing of those RMB BSAs is not purely for China’s political ends as some scholars claim.

RCEP视域下中国与东盟双边贸易发展潜力探析

对外贸易一直是推动中国经济增长的重要驱动力,尤其是在全球经济一体化的挑战中表现尤为突出。在贸易摩擦频发、多边贸易受阻的背景下,双边贸易的重要性日益凸显。我国与东盟国家的双边贸易潜力巨大,为我国对外贸易开辟了更加广阔的发展空间。在当前国际形势下,挖掘与东盟的双边贸易潜力对我国经济的平稳运行和健康发展具有深远意义。本文结合国际经济与贸易学、计量经济学等多学科理论,通过多角度分析,深入探讨了两国间贸易的发展趋势。文章认为我国对外贸易发展过程中应充分发挥与东盟双边贸易的比较优势,基于双方良好的贸易历史和经济基础,共同商讨、互相协作,以推动中国制造业的转型与升级,进一步促进中国外贸的良性发展,为我国经济的平稳、健康发展注入新的活力。