Analysis of Trade Competitiveness and Trade Similarity between China and ASEAN from the Perspective of Intra-industry Trade
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DOI: 10.23977/GEBM2020.007
Corresponding Author
Jinli Tang
ABSTRACT
The major ASEAN countries and China are still both developing countries, which have certain similarities in economic development level, industrial structure and export trade structure. This similarity makes it possible for major ASEAN countries to compete with China in export trade to a certain extent. The strength of trade competitiveness can reflect the current situation and existing problems of a country's economy to a certain extent. Lack of competitiveness is considered as a potential factor that causes a country's crisis, and improving competitiveness is conducive to the recovery and development of a country's economy. Based on the perspective of intra industry trade, this paper analyzes the characteristics of bilateral trade development between China and ASEAN, and analyzes the bilateral trade relationship between China and ASEAN from the aspects of trade competitiveness and trade similarity. It is found that there is a great similarity between the export trade structure of China and ASEAN, and the competitiveness of bilateral trade is far more than complementarity.
KEYWORDS
Trade competitiveness, Trade similarity, Asean