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Study on the Factors Influencing the Import of China Energy and Mineral Trade from Central Asian Countries

Journal: International Journal of Science and Research (IJSR) (Vol.6, No. 3)

Publication Date:

Authors : ;

Page : 1196-1200

Keywords : Central Asian countries; factors; gravity model; energy;

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Abstract

In the background of the Silk Road Economic Zone and the establishment of Asian Infrastructure Investment Bank, the trade cooperation between china and Central Asian countries is particularly important. The energy and mineral fields have been the focus of cooperation between Central Asian countries and china. Therefore, firstly, this paper makes analysis on energy mineral products trade, in-depth understanding of the status of this kind of trade between the two countries, following this, we analyze panel data from 1995to2013 in China from Central Asian countries to import of mineral products trade. The result shows that the four elements are most important for import trade between china to Central Asian countries on energy mineral products. These four factors are the production capacity of the Central Asian countries, the degree of economic cooperation between China and Central Asian countries, the overall index of the logistics performance of the Central Asian countries to measure the degree of development of the country's infrastructure, whether there is a common border. Finally, we put forward relevant policy recommendations according the empirical results.

Last modified: 2021-06-30 18:07:59