Structure And Its Evolution Of Steel Trade Network Of Belt And Road Initiative

The "Belt and Road" strategy is an important opportunity for the development of China's steel industry.Along with the country's vast steel market,the construction of transportation infrastructure has reduced the cost of trade.China's steel trade on the “Belt and Road” can gradually resolve the problem of excess steel production capacity on the one hand,and on the other hand,it can promote the economic development of countries along the route.The purpose of this study is to find out the potential market in China steel exports The Belt and Road along the country's analysis of the influencing factors of China's export trade,according to the steel trade pattern of various countries and the evolution of China's iron and steel industry based on the "The Belt and Road" strategic layout to provide advice.World trade relations along the complex,intense market competition,therefore the complex networks constructed "The Belt and Road" steel trade network,describe the countries along the steel trade pattern and evolution.Then,combined with the stochastic frontier gravity model,we analyze the factors that affect China's steel export trade and find out the potential market of China's steel exports.This article first analyzes the characteristics of the “Belt and Road” steel trade without weights and weighted networks,and studies the overall characteristics of the network from the perspective of trading partner selection and trade volume.Then,by using the info-map algorithm to divide the steel trading network into communities,and from the point of view of the evolution of the community,we explored changes in the trade pattern.Secondly,the status of iron and steel trade in countries along the route was analyzed through the flow betweenness centrality,the import and export dependence of core countries was analyzed using HM index,the trade export competition index was constructed,and the export competition relationship of core countries was studied.Finally,a random frontier gravity model was constructed combining some trade network indicators with trade export competition coefficients to find out the factors affecting China's steel export trade,and to measure the trade potential and trade efficiency of China for various trading societies and countries along the route.The study finds that the “Belt and Road” countries' steel trading partners are relatively fixed and highly aggregated.Most countries have many trading partners and a diversified trade market;the overall trend of steel trade among countries along the “One Belt and One Road” in the decade is the peak period before the 2008 economic crisis,the recovery period between 2009 and 2012,the recession period of 2012-2015;Countries with obvious trade area aggregators,geographically similar positions,and countries in the same economic cooperation organization are more likely to form a stable trading group;China,India,Turkey,Russia,and Ukraine are the core countries in the “Belt and Road” trade.The core countries have fierce competition in the steel market in the Middle East.In recent years,China's dependence on exports in the Middle East has increased significantly;Both China's per capita GDP and population variables in steel importing countries have promoted bilateral trade,and geographical distances have hindered China's export trade.However,along with the development of the "One Belt and One Road" transport infrastructure,its obstruction has been less;Arab countries and Southeast Asian countries have high trade potential and trade efficiency.They are the focus of China's steel trade cooperation.They should actively negotiate agreements with relevant countries to reduce trade barriers.