Author(s)

Ruoxuan Tian, Yuning Zhang

Corresponding Author

Ruoxuan Tian

ABSTRACT

Based on the import and export trade flows of manufacturing between Jiangsu Province and RCEP countries from 2010 to 2019, a trade gravity model is constructed to empirically analyze the impact of manufacturing trade between Jiangsu and RCEP countries. The research results show that the GDP, trade openness, industrial added value and industrial product tax rate of RCEP countries have a significant role in promoting Jiangsu's manufacturing trade. It is proposed that Jiangsu manufacturing industry should strengthen scientific and technological innovation around “stuck neck” technology, promote the deep integration and development of “two industries”, build an independent and controllable advanced manufacturing system, and enhance the international competitiveness of Jiangsu manufacturing industry.

KEYWORDS

Jiangsu province, Manufacturing trade, Impact measure, Trade gravity model, Rcep agreement