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The Effect Of "The Silk Road Economic Belt And The 21st-Century Maritime Silk Road" To Economic And Trade Cooperation Between Taiwan And Guangxi And How To Strengthen The Effect

Posted on:2017-01-09Degree:MasterType:Thesis
Country:ChinaCandidate:X L CaoFull Text:PDF
GTID:2309330488475413Subject:Applied Economics
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"The Silk Road Economic Belt and the 21st-Century Maritime Silk Road" were put forward in Sep&Oct of 2013 in the background of weak global economic growth, the domestic economy entered a new normal state and new growth points need to explore.The nature of "The nature of Silk Road Economic Belt and the 21st-Century Maritime Silk Road"is remodeling the geoeconomic of China. China explore new geopolitical space based on the existing one. There are three strategy to carry out "The Silk Road Economic Belt and the 21st-Century Maritime Silk Road". First, focus on the interconnection infrastructure, including railways, ports, telecommunications and other infrastructure, in order to follow-up investment and trade. The second step, focusing on establishing a free trade zone with the implementation of industrial transfer consuming excess capacity, China can establish a free trade zone between the countries and regions to cooperate with, and at the appropriate time to achieve industrial transfer. The third section, the focus is to establish a free trade zone group, including Asia, Europe, Africa, Latin America and other continents, including, covering more than 100 countries and regions. "The nature of Silk Road Economic Belt and the 21st-century Maritime Silk Road" bring enormous opportunities for the regions and countries. Internationally, most countries (regions) expressed strong willingness to participate "OBOR" strategy.The domestic explore the full use of "OBOR" China mainland pointed out that do some reasonable arrangements for Taiwan.After the cross-strait economic and trade relations and cross-strait economic profound changes in global economic conditions to accelerate the transformation, insufficient internal impetus driving the trend at the market level and institutional level have shown strong. From a market perspective, Taiwanese investment on the mainland increasingly slowed, Taiwan’s export share in the total share of the mainland Taiwan’s export market by 41.9% in 2007 down to 38.7% in 2013, cross-strait trade volume grew increasingly weak. From the institutional level, in 2008 after the signing of "cross-strait economic cooperation framework agreement," the cross-strait economic cooperation provides a new system platform. But ECFA does not achieve the desired effect, cross-strait cooperation has entered a "deep end." March 2014 outbreak of Taiwan’s "sunflower student movement", the Taiwan authorities on cross-strait economic cooperation more conservative and institutionalized cross-strait economic and trade relations have also been artificially slowed down. Cross-strait economic and trade cooperation need seek much-needed new impetus. Tanwan face Slow economic growth, the market slump, high unemployment. Chinese Hong Kong, Korea, Singapore and other advanced economies, as well as Laos, Myanmar and other developing countries (regions) have become members of the "South-East Asia Regional Comprehensive Economic Partnership Agreement" (RCEP). Malaysia, Vietnam is to become a member of TPP; South Korea signed a FTA, Taiwan has fully highlighted the current difficult exit. To change this embarrassing situation, join "OBOR "is a good choice. Taiwan has inherent advantage to join the "OBOR", but how to join the it they haven’t reach an agreement.In order to not miss the opportunities, choose to cooperate with the mainland is a sensible choice. The focus of the Maritime Silk Road is to deepen cooperation with ASEAN, while in Guangxi due to the unique geographical advantages, the advantages of the platform mechanism is the preferred partner in Taiwan. Currently there is little cooperation between Guangxi and Taiwan trade, unreasonable structure, low level of trade and many other issues, "OBOR" bring new vitality to GuangXi and Taiwan. Taiwan and Guangxi cooperation can deepen the ASEAN market as a starting point, and then develop "OBOR" market. The theme analysis the advantages and disadvantages of both Guangxi and Taiwan. Guangxi has regional advantages, platform advantage, low levels of economic development,low level of science and incomplete and other port infrastructure weaknesses. Cooperation between Guangxi and Taiwan can achieve complementary advantages, put forward "OBOR" strategic areas, such as marine transportation, financial services, agriculture. First, a simple calculation using the combination of trade 2010--2014 combination of Trade of Guangxi and Taiwan, the results showed that after "OBOR" proposed trade between Guangxi and Taiwan has increased the degree of binding. Then use the gravity model of trade to prove "OBOR" promote the economic and trade cooperation between Guangxi and Taiwan.And then use the model to make trade potential. The result shows that there is big potential between Guangxi and Taiwan. Based on this we propose some advice such as Guangxi apply FTA, to improve the infrastructure construction of Guangxi for ASEAN, the financial reform and development opportunity brought by AIIB.
Keywords/Search Tags:The Silk Road Economic Belt and the 21st-Century Maritime Silk Road, The cooperation between Guangxi and Taiwan, Trade Gravity Model
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