Finance & Economics of Xinjiang ›› 2018, Issue (3): 74-80.doi: 10.16716/j.cnki.65-1030/f.2018.03.009

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On Trade Facilitation Level of China and Kazakhstan in the Context of “The Silk Road Economic Belt”

Gao Zhigang, Song Yadong   

  1. Xinjiang University of Finance Economics,Urumqi 830012,China
  • Received:2018-01-10 Online:2018-06-25 Published:2020-11-23

Abstract: With the integration of the China's Silk Road Economic Belt and Kazakhstan's Bright Road, China will deepen economic cooperation with Kazakhstan in the core region. In this paper, the level of trade facilitation of China and that of the 39 countries along China's Silk Road economic belt were measured, focusing on analysis of the two countries' trade facilitation of comprehensive indicators at various levels and level. And the results have shown that China's trade facilitation performance for general convenience, Kazakhstan expression is not convenient after 2012, but the level is lower than that of China; the trade facilitation level of the two countries is gradually increasing. For the first level index, China's trade facilitation level is relatively low in terms of financial services quality, while Kazakhstan needs to improve its infrastructure quality. For secondary indicators, China is relatively low on the burden of government regulation, while the state of Kazakhstan is mainly on the low quality of railway infrastructure. Finally, the policy proposals to promote trade development of the two countries are proposed to reduce the tariff and non-tariff barriers and improve the trade facilitation level of the two countries.

Key words: The Silk Road Economic Belt, Trade Facilitation, China and Kazakhstan, Principal Component Analysis

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