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The Empirical Analysis on Sino-Kazakhstan Comparative Advantage and Trade Complementarities and Relevant Suggestions
Pages: 63-67
Year: Issue:  12
Journal: Xi'an Finance

Keyword:  Kazakhstantrade complementaritycomparative advantageinternational trade;
Abstract: Using the data of Sino-Kazakhstan international trade,the paper analyzes the bilateral trade situation between China and Kazakhstan from such aspects as the trade combination,the trade complementarities and the comparative advantages.The paper points out that the fundamental reason for the economic and trade rapid development between two countries lies in that both trade structures have strong complementarities,and there is a great potential for both sides to cooperate in the field of foreign trade.However,due to the difference of the trade structures,China has a rigid demand for the commodities from Kazakhstan,while the latter’s demand for China’s commodities is more alternative.Hence,China should further improve foreign trade commodity structure,expand the investigation and development on Kazakhstan markets,advance the brand image of Chinese goods so as to adequately respond to the new situations and new problems arising from Kazakhstan’s entry into the customs union and the WTO.
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