Research On Trade Relations Between China And Other BRICS Countries

The emerging markets represented by the BRICS have been seizing the favorable opportunity of economic globalization to develop their economies rapidly. In2008, while the traditional big countries of Europe and America are trapped in the quagmire caused by the international financial crisis, the BRICS have overcome the crisis and obtained a lot of economic development achievements.The vast internal market and export-oriented economic development strategy of BRICS determines the frequent economic and trade exchanges between them, trade between China and other BRICS countries is growing rapidly in recent years, the speed of which is far more fast than China’s average trade growth, and China has gradually developed into the major trading partner of the other BRICS countries, moreover, the way of bilateral trade continue to optimize and the level of which continues to deepen, which illustrates the BRICS are highly complementary in trade and there are great prospects for trade cooperation between each other.This paper is divided into five parts, the first chapter briefly describes the situation on the topics related to the field of research background at home and abroad and the theory of international trade, among the theory, H-O theorem, intra-industry and inter-industry trade theory are given the top priority to analyze the trade between BRICS; The second part describes the current situation of China’s foreign trade development, Focusing on the international trade achievements made since China’s WTO accession,and demonstrate the fact that China has become the major trading partners of other BRICS countries by the way of analyzing data; The third part is the complementary studies of trade between China and other BRICS countries, which is analyzed through the mode of economic development, BRICS country’s industrial structure, national competitive advantage and the basic aspects of international trade; the fourth part discusses the problems between China and other BRICS countries, Despite the fact that the overall bilateral trade has made remarkable achievements, Some undeniable problems have seriously hampered China to further strengthen trade cooperation with other BRICS countries and the paper attempts to find possible problems from the aspects of the economic, social, cultural, historical and political; The last part are the response measures, propose appropriate solutions to the country’s development from a strategic perspective on China’s side on the basis of analyzing the problems of bilateral trade, Maintain good trade relations and cooperation between the BRICS countries and provide useful lessons for emerging economies and trade cooperation, which requires the joint efforts of China and other BRICS countries in the long run, and it is useful to develop the BRICS economies,strengthen international discourse BRICS cooperation and explore ways of developing countries in line with their own characteristics. The conclusion is based on in-depth analysis of the fourth part.