Modern Economy

Volume 7, Issue 14 (December 2016)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

Google-based Impact Factor: 0.74  Citations  h5-index & Ranking

An Empirical Research on Agricultural Trade between China and “The Belt and Road” Countries: Competitiveness and Complementarity

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DOI: 10.4236/me.2016.714147    4,513 Downloads   9,234 Views  Citations

ABSTRACT

The Belt and Road Initiative provides excellent opportunities of developing agricultural products trade. This paper presents the overview and the prospect of the agricultural trade between China and the Belt and Road countries, and uses RCA and TCI index to empirically analyze trade competition and complementarity of agricultural products between China and the Belt and Road countries. Results show that trade competition and complementarity of agricultural products between China and the Belt and Road countries coexist, but its complementarity appears to be more remarkable. China and the Belt and Road countries should strengthen and diversify the trade cooperation on agricultural products on the basis of existing bilateral and multilateral mechanisms to achieve common development.

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He, M. , Huang, Z. and Zhang, N. (2016) An Empirical Research on Agricultural Trade between China and “The Belt and Road” Countries: Competitiveness and Complementarity. Modern Economy, 7, 1671-1686. doi: 10.4236/me.2016.714147.

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