Analysis of the Competitiveness of China's Transport Service Trade under the Belt and Road Initiative
DOI:
https://doi.org/10.62051/7v4hvq81Keywords:
Transport Service Trade; Belt and Road Initiative; International Competitiveness.Abstract
Since the global economic crisis and the pandemic, protectionism has been on the rise worldwide. China's economy has entered a "new normal," facing downward pressure and structural transformation needs. Against this backdrop, the Belt and Road Initiative has promoted trade cooperation between China and countries along the route, becoming a new engine for economic growth. This study utilizes international databases such as OECD and the World Bank to measure the competitiveness indicators of China's transport service trade and employs Stata to analyze its influencing factors. The results indicate that China's transport service trade has maintained a long-term deficit, reflecting relatively weak international competitiveness. Based on these findings, targeted recommendations are proposed to foster the steady development of the sector.
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