Research on Production Capacity Cooperation and Trade Growth Factors between China and Malaysia
With the implementation of the Belt and Road Initiative and the Regional Comprehensive Economic Partnership(RCEP),trade between China and Malaysia has continued to grow.Studying the trade relationship between China and Malaysia will help deepen our understanding of the trade interaction between the two countries and provide useful references for the sustainable and healthy development of bilateral trade in the future.This paper mainly uses UN Com trade data and takes 10 industries as the entry point,first analyzes the complementarity and competitiveness of the two countries'trade with index analysis method,and then adopts the revised CMS model to decompose the trade growth factors of China's exports to Malaysia.The study concludes that there are similarities and complementarities between the dominant industries of China and Malaysia.Overall,China's export trade with Malaysia faces greater competitive pressure.Different trade growth factors contribute variably to the total effect,but the overall effect of China's exports to Malaysia displays an upward trajectory.Finally,based on the conclusion of the study,the paper provides some strategic recommendations to promote bilateral trade cooperation,optimize bilateral trade structure and enhance bilateral trade competitiveness from the perspectives of production capacity cooperation and trade growth factors.
NETL
NSTL
万方数据
