Analysis on the Potential of the Export Trade of China's Electrical Equipment under the One Belt and One Road Initiative

DOI

10.2991/meess-18.2018.41How to use a DOI?

Keywords

Electrical equipment export, OBOR, trade specialization coefficient, trade potential.

Abstract

This paper takes whether the countries and regions involved in China’s electric equipment export trade are covered by "One Belt and One Road Initiative (OBOR)" as the dividing basis. In addition, through the analysis on the export situation of these countries and regions based on trade specialization coefficient (TC), the relevant data indicate that the export trade of electrical equipment between China and the countries covered by OBOR is still in a mutually reinforcing stage. Furthermore, this paper also evaluates the positive influence that China's electrical equipment industry may bring to the countries covered by OBOR as well as its great advantages in trade, and the result shows that China has a great potential for the development of the electric equipment trade under the OBOR. It is suggested that Chinese administration should introduce relevant policies to encourage the export of China’s electrical equipment to countries and regions covered by OBOR and actively promote China's electrical equipment exporters to contribute to the strategic market transfer to these countries and regions.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Taiyi Yang
PY  - 2018/08
DA  - 2018/08
TI  - Analysis on the Potential of the Export Trade of China's Electrical Equipment under the One Belt and One Road Initiative
BT  - Proceedings of the 2018 International Conference on Management, Economics, Education and Social Sciences (MEESS 2018)
PB  - Atlantis Press
SP  - 212
EP  - 222
SN  - 2352-5398
UR  - https://doi.org/10.2991/meess-18.2018.41
DO  - 10.2991/meess-18.2018.41
ID  - Yang2018/08
ER  -