An Empirical Study On The Trade Relations Between China And ASEAN

After the global financial crisis in 2008,the world trade power began to undergo a profound transformation:the pace of economic globalization gradually slowed down,the regional economic integration process accelerated.China and ASEAN are both economic integration and economic integration,and China and ASEAN have also set up bilateral free trade zones to promote regional economic integration.China and ASEAN are both important members of economic globalization and regional economic integration.The main beneficiaries.What is the impact of the current world trade dynamics on China and ASEAN's foreign trade?What is the impact on trade relations between China and ASEAN?This is the two issues to be studied in this paper.Based on the theory of comparative advantage,this paper uses the empirical analysis method to construct the measurement model tool,and quantitatively analyzes these two problems.The results show that after 2008,the stimulating effect of economic globalization on the foreign trade volume of both sides has been greatly weakened,and the pulling effect of regional economic integration has been greatly improved.As the comparative advantage of China and ASEAN is relatively high,In the competition and cooperation continue to coexist,and the degree of competition and the degree of complementarity is basically the same,the future trade relationship between the two sides will continue to exist.In the bilateral trade relations between China and ASEAN,the competitive effect will be gradually highlighted,and the complementary effect will be weakened,the bilateral trade volume will continue to grow under pressure,and it will also affect the bilateral economic integration.The deepening of the.China and ASEAN trade relations in the international market,in the past 25 years,the overall complementarity is slightly more competitive,after 2008,in the high-income market performance is complementary,in the low-income market is competitive.The strong competitive effect similar to the comparative advantage between China and ASEAN can not be weakened and eliminated by the acceleration of regional economic integration.The key to the weakening of the competition effect is the adjustment of economic structure and industrial upgrading between the two countries.If both industries are slow to upgrade or are in a state of stagnation,regional economic integration can not continue in depth,so China and ASEAN in promoting regional economic integration at the same time,the two sides are the best choice for industrial upgrading.