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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Study on Comprehensive Competitiveness of Foreign Trade of 95 Cities in Western China—Based on Factor Analysis

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DOI: 10.25236/ieesasm.2022.007

Author(s)

Enen Meng

Corresponding Author

Enen Meng

Abstract

The comprehensive competitiveness of foreign trade is the key factor to measure the ability of a region's economy to participate in international competition and international division of labor. Improving the comprehensive competitiveness of foreign trade is a new opportunity for the western region to expand its opening-up and smoothly integrate into the new development pattern in the new period. Selecting 25 indicators from five dimensions, using factor analysis method, this paper analyzes the comprehensive competitiveness of foreign trade of 95 prefecture-level and above cities in 12 provinces and cities in the western region and puts forward policy suggestions. Using Arc GIS software to carry out density analysis on the total score, it is proved that the comprehensive competitiveness of foreign trade of provincial capital cities in southwest China is strong, and the differentiation of foreign trade development among cities in western provinces is serious. The foreign trade development of cities along “the belt and road initiative” is strong.

Keywords

Close foreign trade competitiveness, Western region, Coordinated development