Specialization or Diversification:Which is More Conducive to Foreign Trade Resilience?Evidence from China-Russia Border Regions in Northeast China

Under the background of complex international situation,how to build the special geo-economic space of China-Russia bor-der lies in strengthening their foreign trade resilience against external shocks.Based on empirical evidence from ten prefecture-level China-Russia border regions in Northeast China,this paper analyzed the spatiotemporal evolution of foreign trade resilience under dif-ferent shocks.Furthermore,through the Panel Regression model,the mechanism of the industrial structure on the foreign trade resili-ence in contraction period and expansion period was discussed.The results showed that:1)from 2004 to 2021,foreign trade in China-Russia border regions experienced five phases.The overall foreign trade resilience was higher than expected,showing a rising volatility trend,but there was significant spatial heterogeneity in the ability of cities to cope with shocks.2)Highly specialized clusters were mainly concentrated in Yichun,Heihe and Da Hinggan Ling Prefecture,while Mudanjiang and Yanbian performed better in related and unrelated diversification.3)In different stages of economic system evolution,the response mode,degree and result of border foreign trade resilience to regional industrial structure showed obvious stage characteristics.During the contraction period,related diversifica-tion was more conducive to improving the resistance through risk spillovers.During the expansion period,specialization played a more significant role in improving regional resilience through self-reinforcing effect.These results are beneficial for expanding the resilience theory,ensuring border economic security and optimizing border industrial investment layout.

Spatial Heterogeneity of Embedded Water Consumption from the Perspective of Virtual Water Surplus and Deficit in the Yellow River Basin,China

Virtual water trade(VWT)provides a new perspective for alleviating water crisis and has thus attracted widespread attention.However,the heterogeneity of virtual water trade inside and outside the river basin and its influencing factors remains further study.In this study,for better investigating the pattern and heterogeneity of virtual water trade inside and outside provincial regions along the Yellow River Basin in 2015 using the input-output model(MRIO),we proposed two new concepts,i.e.,virtual water surplus and virtual water deficit,and then used the Logarithmic Mean Divisia Index(LMDI)model to identify the inherent mechanism of the imbalance of virtual water trade between provincial regions along the Yellow River Basin and the other four regions in China.The results show that:1)in provincial regions along the Yellow River Basin,the less developed the economy was,the larger the contribution of the agricultural sector in virtual water trade,while the smaller the contribution of the industrial sector.2)Due to the large output of agricultural products,the upstream and midstream provincial regions of the Yellow River Basin had a virtual water surplus,with a net outflow of virtual water of 2.7×10^(8) m^(3) and 0.9×10^(8) m^(3),respectively.3)provincial regions along the Yellow River Basin were in a virtual water deficit with the rest of China,and the decisive factor was the active degree of trade with the outside.This study would be beneficial to illuminate the trade-related water use issues in provincial regions along the Yellow River Basin,which has farreaching practical signific-ance for alleviating water scarcity.

Status, Transition, and Impact of the Yoon Suk-yeol Administration’s Trade Policy with China

China is Korea’s main trade partner in East Asia and one of its key economic and trade partners worldwide.The two countries have complementary industrial structure and a long history of trade exchanges.However,against the backdrop of a return to global trade protectionism and the politicization of international affairs with Yoon Suk-yeol coming to power,South Korea has undertaken a strong trade shift toward the United States(US),triggering a change in the pattern of economic cooperation in East Asia and challenging the regional trade structure.A review of the trade policy agenda of the Yoon Suk-yeol administration toward the US and China,along with a comparative review of Korea’s foreign trade stance under Moon Jae-in,allows for an analysis of the turnaround and characteristics of Yoon’s trade policy toward China during his tenure.The implications for global trade governance and regional security are further analyzed with an aim of finding a Nash equilibrium in trade cooperation among East Asian countries.

Competitiveness and Complementarity of Cocoon Silk Trade between China and Southeast Asia

In the context of the Belt and Road Initiative,it is of great significance to study the trade ties between China and Southeast Asia with cocoon silk as a link.Trend analysis,trade competitiveness index and trade complementarity index were comprehensively used in this paper to study the competitiveness and complementarity of the cocoon silk trade between China and Southeast Asia.The results show that the export trade volume of cocoon silk of China and Southeast Asia is decreasing while fluctuating,but it is difficult for other regions to replace their export trade status in the world market.The development trend of the replacement of the silkworm cocoon trade by the raw silk trade is presented.The cocoon silk trade of China and Southeast Asia is characterized by dislocation competition.China's raw silk export trade is competitive and has become the leader of the raw silk export camp.This paper further analyzes the changes and complementarities of the cocoon silk trade competitiveness between China and Southeast Asia.

The Analysis on the Relationship between Processing Trade and Economic Growth in China

With gradually deepening of international division and frequently developing of transnational corporations, processing trade has been a major trend in international trade. This paper mainly Seeks for the practical and theoretical, supports ,to processing, trade. Meanwhile, it ,shows the developing conditions of processing trade in the world and in China, and analyzes the relationship between processing trade and economic growth in China by linear regression analysis in order to find,the problems and give some suggestions.

The Study of Trade Relationship between Kazakhstan and China

To explore the momentum and direction of the bilateral trade and economic sustainable development, make a comprehensive study on the economic and trade relations between China and Kazakhstan from multiple angles. In comparison, the China-Kazakh economic and trade relations between the two countries is close, the investment partnership is relatively stable, there are good prospects for trade and economic cooperation; However. the economic and trade relations between China and Kazakhstan have a certain distance, in Bilateral trade structure still exist some problems.

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.

Strengthening Standardization Cooperation and Improving Economic and Trade Development between China and America

From May 28th to June 1st, 2007, the Standardization Administration of the People's Republic of China (SAC) organized a series of cooperation activities with the American Institute of Standards and Technology (NIST) and the American National Standards Institute (ANSI).……

Moderating effect of corporate financialization on the impact of climate policy on corporate green innovation:Evidence from China

With intensifying global climate change,humanity is confronted with unparalleled environmental challenges and risks.This study employs the staggered difference-in-difference model to examine the relationship between climate policy and green innovation in the corporate financialization context.Using Chinese-listed company data from 2008 to 2020,our analysis reveals a favorable correlation between China’s carbon emission trading policy(CCTP)and advancements in green innovation.Furthermore,we find that the level of corporate financialization moderates this correlation,diminishing the driving effect of CCTP on green innovation.Additionally,results of heterogeneity analysis show that this moderating consequence is more evident in non-state owned and low-digitization enterprises compared with state-owned and high-digitization ones.Our findings contribute to the existing literature by clarifying the interaction between CCTP,green innovation,and corporate financialization.Our research provides valuable insights for policymakers and stakeholders seeking to strengthen climate policies and encourages green innovation in different types of businesses.

China-Romania Economic Relations:Recent Developments and Prospects

The world economy is crossing the period of Great Transformations and transition towards a New World Order,dominated by the increasing role of China in the world,given the fast implementation of the technological progress(Digital and Artificial Intelligence Revolutions).This paper analyses the economic relations between China and Romania and estimates the dynamics of the potential GDP in these states by implementing standard econometric tools.The results point to the upward trend in terms of bilateral trade between China-Romania in the post-pandemic era and emphasize the potential of the development in the mid-run.

A Comprehensive Bibliometric Analysis of China’s Free Trade Zones:Status and Evolutionary Trends

The China free trade zone,crucial for advancing a new open economy,has gained significant attention lately.We analyzed 885 papers from Peking University Core and CSSCI journals(2012-2023)using CiteSpace for visualization.Our research results indicate that the literature on China’s free trade zone peaked with 171 articles in 2015,and gradually returned to an average of 45 articles per year.The main research focuses in this field include“institutional innovation”,“negative list”,“financial innovation”,“financial openness”,“opening up to the outside world”,and“economic growth”.In addition,cutting-edge analysis indicates that“dual circulation”and“blockchain”are future research trends.The main authors of the literature include Yang Bin,Zhu Xiaolin,Yuan Bo,Li Meng,Zhao Liang,and others.Their affiliated institutions,research institutes,and universities have not yet formed a clear core circle of authors;The top three research institutions with the highest number of publications are the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce,Kaiyuan Law School of Shanghai Jiao Tong University,and the Comprehensive Research Institute of the Free Trade Zone of Sun Yatsen University.This article delves into the current hot topics and progress in the research of China’s free trade zones,providing important references and inspirations for future scholars in this field.

China’s alfalfa market and imports: Development, trends, and potential impacts of the U.S.-China trade dispute and retaliations

This study examines the development and trends of China’s alfalfa market and imports, identifies key factors for the rapid increase in China’s alfalfa imports, and discusses potential impacts of the U.S.-China trade dispute and retaliations on the alfalfa markets and trade in both nations. China’s rapid transition toward larger-scale commercial dairy production, with enhanced feed and cost management as well as quality and safety control, and its limited resources for high-quality alfalfa production are key factors for the dramatic increase in its alfalfa imports, from 19 601 metric tons in 2008 to 1.38 million metric tons(mmt) in 2018. While the United States dominated China’s alfalfa imports with an average share of 97.01% from 2007 to 2017, the share dropped to 83.76% in 2018 and 63.28% in January 2019 due to the trade dispute and retaliations started in 2018. China will likely remain a large importer of alfalfa because of both its growing demand and the comparative advantages of imported alfalfa in quality and price, but the imports from the United States will be highly affected by the ongoing trade dispute and negotiations. China is also expected to make more efforts to reduce its dependence on U.S. alfalfa through increased investment in domestic alfalfa production and identification of alternative sources of alfalfa and other hay imports.

Hypothetical Commercialization of Biotech Soybeans in China： Impacts on Domestic Markets and International Trade

China is the leading importer of soybeans in the world. If China adopts high yield biotech soybean varieties, China＇s soybean production would increase significantly and this would impact global soybean markets. This paper assesses the possible effects of adoption of herbicide-tolerant, biotech soybeans in China and its impact on the world soybean trade. Results indicate that under a low technology fee and high adoption rate, China would be able to satisfy its soybean food demand. Urban consumers＇ strong preference for non-biotech soybean oil may lead to increase in imports of non-biotech soybeans.

On China's Foreign Trade Development and Linkage with the Customary Rules of International Trade

Although great differences exist between the trade systems of different countries,internationaltrade must go on in line with the customary international trade rules.As China’s economy developsand the socialist market economic system emerges,China is basically qualified to link up withcustomary international trade rules.In the Ninth Five-Year Plan period,China’s reform of its foreigntrade system aims at setting up a trade system that conforms with international trade practice.Forthe purpose,the author of this article suggests that a neutral trade policy should be adopted inaccordance with the international practice since it does not hinder exports,nor restrict imports toan excessive degree.

What is the relationship between ecosystem services and urbanization? A case study of the mountainous areas in Southwest China

China is undergoing a rapid urbanization process,and urbanization will have a direct impact on regional ecosystems and affect regional ecosystem services.Considering the mountainous counties in Southwestern China as the research object,this study reveals the spatial clustering characteristics of four typical ecosystem services(food production,soil conservation,water yield and carbon sequestration)as well as the trade-offs and synergies among ecosystem services in different urbanized areas.At the same time,piecewise linear regression is used to determine the threshold of the influence of urbanization on ecosystem services.The results indicate that:1)There are spatial autocorrelations among the four typical ecosystem services;with strong clustering characteristics,the positive correlation types are"clustered"locally;and with significant spatial heterogeneity,the negative correlation types are scattered and mainly appear in the highly urbanized area.2)There are also remarkable differences in the relationship among various ecosystem services in different urbanized areas,and in particular,there are marked trade-offs between food production and carbon sequestration in the moderately urbanized area and the highly urbanized area.However,there are synergies between them in the lowly urbanized area.3)With an increase in the compounded night light index(CNLI),water yield,carbon sequestration,food production and overall ecosystem services values present an increasing-decreasing trend,the soil conservation function value shows a decreasing-increasing trend.The response of water yield,carbon sequestration,food production,and overall ecosystem services to the compounded night light index(CNLI)has a threshold of 1.2642,1.4833,1.3388,1.5146 and 1.2237,respectively.Based on the detected relationships between urbanization and ecosystem services,this study provides a theoretical reference for the selection of urbanization development models in key ecological functional areas.

Go West——The Western China International Trade Fair for Textiles and Clothing will launch from 16^(th) to 19^(th) October, 2009.

Sichuan, one of the most prosperous provinces in Western China, possesses an enormous potential of textile industry development. Currently, the western region is becoming a big mart and new manufacturing base in China textile industry for the reason of the abundant material resources,

On the Eve of the Enforcement of the Arbitration Law——An interview with Xu Dayou, vice-chairman of China Council for the Promotion of International Trade and of the China International Economic and Trade Arbitration Commission

The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council

China Hosts the China-Africa Economic and Trade Expo

June was a busy month for Sino-African events, with China hosting both the *Coordinators Meeting on the Implementation of the Follow-up Actions of the Beying Summit of the Forum on China- Africa Cooperation (FOCAC) in Beijing on June 24-25, and the First China-Africa Economic and Trade Expo (CAETE) in Changsha, capital of central China's Hunan Province, on June 27-29.

Republic of Congo’ Wood Products Exported to China: Insight of the Characteristics, Trends, and Perspectives for Sustainable Trade

Wood products trade sector remains crucial for many countries’ economies. This is also for the Republic of Congo (RC) where wood is the second most exported natural resource. In this study, we aimed to determine the predominant wood products exported from the RC to China from 2007 to 2019, analyze the trends related to this trade, compare the quantities of wood products exported to China and other destinations, and determine the perspectives for the sustainable trade. The descriptive study using graphs and tables, non-parametric technique Kruskal-Wallis, pairwise comparisons, and SWOT analysis made up the methodological basis for this study. IBM SPSS Statistics 26 software supported data processing. The results showed that logs were mainly exported to China, 92.585% of the three major wood products quantity (Logs, Wet sawnwood, and Dried sawnwood). Volume distributions between products categories differ significantly (Sig. = 0.000 < α = 0.05). Besides, a significant volume (69.32%) was exported to China compared to the other destinations, and volume distributions between different destinations differ significantly (Sig. = 0.000 < α = 0.05). The SWOT analysis describes weaknesses, strengths, opportunities, and potential threats related to RC’ wood products trade sector. The prospects for sustainable trade in wood products between the RC and China lie in establishing a good governance in the timber sector, supporting the emergence of domestic operators, and improving the business climate.

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.