Study on the Competitiveness and Complementarity of Electromechanical Products Trade Between China and Other RCEP Member Countries
The trade of electromechanical products between China and other RECP member countries occupies an important position in China's trade in goods.By combining trade data from 2013 to 2022,this article analyzes trade scale and structure,and uses the Trade Complementarity Index(TC),Revealed Comparative Advantage(RCA)In-dex,and Trade Competitiveness Index(TCI)to explore trade potential.The research results show that the trade scale of electromechanical products between China and other RCEP member countries has grown year by year,while the trade market structure is relatively concentrated.There are differences in competitive advantages and complementarity in different product areas among different member countries,providing new perspectives and pos-sibilities for trade cooperation.Based on this,the article proposes development suggestions such as optimizing ex-port structure,satisfying diversified market demands,strengthening bilateral and multilateral cooperation,and achieving complementary advantages,to further promote the development of electromechanical products trade be-tween China and other RCEP members,realizing mutual benefit and win-win results.