Obstacles And Countermeasures BCIM Regional Economic Cooperation

Economic globalization and regional economic integration are two main trendsof the development of economic in recent years. Many countries abandoned theirtraditional competitive modes and take part in the regional economic cooperationwith a positive attitude since the21century. BCIM area has a great geographicalenvironment and connects the east, southeast and south part of Asia. The region hasa wide range of population which is more than2.7billion by the year2010. Inaddition, BCIM region is one of the world’s most resource-rich countries. Since the21st century, these countries have a rapid development of their economic and astrong economic development potential. Moreover, their economies have a highlycomplementarily. Therefore, BCIM regional economic cooperation has a strong basisin reality.However, since there is an inaccessible geographical area between thesecountries and the historical issues of national boundaries between China and India,together with the low trust between these countries, the cooperative process of thefour countries is relatively slow. With the holding of the recent sessions’ BCIMEconomic Cooperation Forum, BCIM countries have reached a consensus ofstrengthen their cooperation in the area of trade, investment, politics, tourism,education, culture, transportation. In particular, there is a rising desire for strengthenthe cooperation among these countries in the area of economic cooperationinternational trade.This article is based on the regional stage BCIM comprehensive cooperationfeasibility analysis, combined BCIM obstacles in the process of cooperation, andstriving for China to provide useful suggestions of BCIM fully participate in regionaleconomic cooperation. In addition to the introduction and conclusion of this articleconsisting of five parts, as follows: The first chapter is an introduction, mainly on theresearch background, significance literature review, research methodology andtechnology roadmap, innovation done instructions. The second chapter describes thestatus of specific BCIM regional economic analyzes its level of trade, financialcooperation, based on the analysis of future trends and characteristics of economiccooperation BCIM conducted and summarized. The third chapter uses a gravity model of trade bilateral trade between India and Burma to Bangladesh to quantifythe impact of trade gravity model obtained BCIM regional economic cooperation,and finally the use of the gravity model of China and the three countries ofBangladesh, India and Burma trade potential was analyzed and found China’s exporttrade failed to reach saturation. The fourth chapter from the political, economic,cultural, natural four-level analysis of the feasibility of China, India, Burma andBangladesh exaggerated cooperation. The fifth chapter analyzes the specificcircumstances of each of the main obstacles and barriers to bilateral and multilateraleconomic cooperation process arise. Chapter VI of feasibility and obstacles facingthe issue-specific policy recommendations to promote economic cooperationbetween China and Bangladesh, India and Burma healthy development.The innovation of this paper is that this mutual BCIM for both competition andcooperation model with two powerful, led by developing countries, and analyzes thefeasibility and potential for cooperation in economic cooperation, and gives strategicChina should take planning. Secondly, the use of the gravity model of trade withBangladesh, India and Burma to China’s trade is potential predicted.The Innovation of this paper is that in research BCIM regional economiccooperation, mostly concentrated in trade cooperation, the paper not only as thefocus of the economic cooperation and trade cooperation, but also takes into accountother economic cooperation, financial cooperation, as well as political, impact ofcultural and natural factors on regional economic cooperation. Another innovation isthat by using the gravity model of trade, Bangladesh, India and Burma to China andthe three countries exports regression analysis, and then to China, India, Burma andBangladesh trade potential predicted.