Liu Yun, Sun Jie, Wang Ting, et al. A Research on the Trade Potential of Guangdong and "the Belt and Road" Based on the Gravity Model[J]. 2022, 39(2): 66-71.
Liu Yun, Sun Jie, Wang Ting, et al. A Research on the Trade Potential of Guangdong and "the Belt and Road" Based on the Gravity Model[J]. 2022, 39(2): 66-71.DOI: 10.12052/gdutxb.210051.
A Research on the Trade Potential of Guangdong and "the Belt and Road" Based on the Gravity Model
"The Belt and Road" has become an important driving force for the development of our country's foreign trade. As China's foreign trade has generally declined due to the impact of the epidemic
China's trade with "the Belt and Road" market has risen. As the largest trade province in the country in terms of total trade volume
Guangdong has less than a quarter of its total foreign trade volume with "the Belt and Road". It can be seen that countries along "the Belt and Road" still have great potential for Guangdong's foreign trade
and the trade potential needs to be released urgently. Based on the trade gravity model
15 representative countries along the route from 2008 to 2018 are selected
and the value of their trade potential with Guangdong is calculated. It is found that GDP
geographic distance
economic development gap
and foreign direct investment will all affect foreign trade flows to varying degrees. The results show that most countries still have a lot of room for trade development in Guangdong. Corresponding policy recommendations are put forward
including adjusting trade layout
improving trade policies
optimizing the transportation system
and increasing technology-oriented direct investment.
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