Analysis of trade competitiveness and complementarity between China and EAEU
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Under the Belt and Road Initiative, Central Asia, West Asia, the Caucasus region and all the member states of the Eurasian Economic Union (EAEU) are along B&R. With the signing of "Joint statement between People’s Republic of China and Russian Federation on the construction of the Silk Road Economic Belt and the construction of the Eurasian Economic Union," the economic cooperation between China and EAEU has attracted the attention of many countries. To provide theoretical support for promoting the docking of B&R Initiative and “One Belt and One Alliance,” it is of necessity to analyze the status quo, competitiveness, complementarity of the bilateral trade. Using RTA, ESI, TCI, GL, based on data from UNCOMTADE database, this paper makes an analysis on the competitiveness and complementarity of the bilateral trade between China and EAEU with the UN standard international trade classification method, so as to find out the present features of this bilateral trade and put forward useful suggestions.
Trade competitiveness and complementarity, EAEU, PEST, UNCOMTADE Database