China and Pakistan's industrial Trade Path under the Background of "The Belt and Road Initiative":Based on RTA and OBC Coefficient Analysis

doi:10.16716/j.cnki.65-1030/f.2019.03.007

Abstract

Abstract: By analyzing the status quo of Pakistan's domestic industry development, combined with Pakistan's Relative Trade Advantage Index (RTA) and China-Pakistan bilateral trade comprehensive complementarity (OBC) coefficient, the paper analyzes the industrial and trade cooperation between China and Pakistan. It is found that Pakistan's industrial manufactured goods and commercial services trade have relative trade advantages, showing strong complementarity with China. It also shows weak complementarity in agricultural export and weak competition in terms of agriculture and mineral products with China. Therefore, China should maintain cooperation and cooperation with the Palestinian side in agriculture, actively seek bilateral trade relations in terms of industrial upgrading, expanding aid to Pakistan's infrastructure construction, strengthen energy cooperation. At the same time, it is of great necessity to strengthen political mutual trust, open more ports and strengthen the border free trade zones along Xinjiang, in order to further development of the industry and trade cooperation of the two countires.

Key words: The Belt and Road Initiative, Industrial Trade, Cooperative Path, China, Pakistan

CLC Number:

F752.7

Jing Li, Qiang Zheng. China and Pakistan's industrial Trade Path under the Background of "The Belt and Road Initiative":Based on RTA and OBC Coefficient Analysis[J]. Finance & Economics of Xinjiang, 2019, (3): 72-80.

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