This paper estimates the relative trade advantage index,composite complementarity index of bilateral trade,and trade intensity index,explores the efficiency and potentials as well as factors affecting the non-efficiency for bilateral service trade between China and the seventeen CEE countries along the Belt and Road Initiative.Here are the four conclusions drawn from the paper.First,China's ratio in the aggregate amount of bilateral service trade is rather small despite an increasing amount of bilateral service trade.Second,the new service sector enjoys closer trade links but is relatively smaller as the traditional sector is still taking the main part of the bilateral service trade.Third,a variety of factors such as economic and population size of trade partners,geographical and institutional distance within a certain range,the ratio of the incremental value of service trade in GDP,degree of economic liberalization,and the EU membership have positive impacts on the growth of bilateral service trade while China's population size and cultural gap is expected to have negative impacts thereon.Fourth,the efficiency of China-CEE service trade is at a high-to-medium level while high trade efficiency and low margin for enhancement coexist concerning China's service trade with the majority of the CEE countries.
trade efficiencytrade potentialsservice tradeBelt and Road InitiativeCentral and Eastern Europe
NETL
NSTL
万方数据
