On the Trade Competitiveness and Complementarity Between China and the Five Central Asian Countries

Abstract

With the advocacy of China’s “the Belt and Road” and the reconstruction of the “Silk Road”, trade between China and the fi ve Central Asian countries has become closer, and new development opportunities have been ushered in for cooperation between them. Based on the customs statistics, this paper analyzes the G-L (intra industry trade index) and ESI (export similarity index) of China and the fi ve Central Asian countries, and draws the conclusion that the trade between China and the fi ve Central Asian countries has signifi cant complementary advantages of import and export commodities and industrial trade characteristics,and each of them can deeply tap their own regional and resource advantages, Promote the development of bilateral trade between China and the fi ve Central Asian countries through the joint construction of the “Silk Road Economic Belt”.