Based on the basic trade gravity model and Xinjiang's practical situation, new explanatory variables (GDP, GDPpc and SCO) are introduced to build an extended trade gravity model fitting for Xinjiang's bilatera...Based on the basic trade gravity model and Xinjiang's practical situation, new explanatory variables (GDP, GDPpc and SCO) are introduced to build an extended trade gravity model fitting for Xinjiang's bilateral trade. From the empirical analysis of this model, it is proposed that those three variables affect the Xinjiang's bilateral trade posi- tively. Whereas, geographic distance is found to be a significant factor influencing Xinjiang’s bilateral trade negatively. Then, by the extended trade gravity model, this article analyzes the present trade situation between Xinjiang and its main trade partners quantitatively in 2004. The results indicate that Xinjiang cooperates with its most trade partners successfully in terms of present economic scale and developing level. Xinjiang has established successfully trade part- nership with Central Asia, Central Europe and Eastern Europe, Western Europe, East Asia and South Asia. However, the foreign trade development with West Asia is much slower. Finally, some suggestions on developing Xinjiang's for- eign trade are put forward.展开更多
On October 8,the'Belt and Road'Leading Group office published the'ChinaEurope Freight Train Development Plan',which is a fiveyear plan in accordance with China’s13th'Five-Year Plan'.The docume...On October 8,the'Belt and Road'Leading Group office published the'ChinaEurope Freight Train Development Plan',which is a fiveyear plan in accordance with China’s13th'Five-Year Plan'.The document formulated the major tasks for the construction of China-Europe freight train project for the next five years,and clarified three space layouts,including the China-Europe展开更多
2017 marks the 45th anniversary of diplomatic relations between China and Germany. Now 'Germany is the fifth largest tradepartner of China around the world, and the largest one in Europe, while China has topped the U...2017 marks the 45th anniversary of diplomatic relations between China and Germany. Now 'Germany is the fifth largest tradepartner of China around the world, and the largest one in Europe, while China has topped the United States and France and become the largest trade partner of Germany.展开更多
Jordan's economy is influenced significantly by events taking place in the region, and many successive events in the region occurred during the past two decades, resulted in successive waves of migrations in large nu...Jordan's economy is influenced significantly by events taking place in the region, and many successive events in the region occurred during the past two decades, resulted in successive waves of migrations in large numbers to Jordan. The Syrian crisis impact goes beyond the waves of refugees but extended to influence the trade routes to and from Jordan through Syrian route and ports. This research aims to analyze the impact of the Syrian crisis on the Jordanian trade through the use of regression analysis and the use of dummy variable to reflect the Syrian crisis, analyzed the monthly data for the period 2005-2015. In addition, it has used other statistical methods such as records, and has been the Syrian crisis impact analysis on the volume of trade, imports, total export, re-exported, and the national exports. In spite of the lack of trade stop with Syria completely, study showed that there is a significant decline in the trade exchange between Jordan and Syria, but the Syrian crisis may affect the Jordanian imports, the trade volume, trade balance while the study did not show any trace of the Syrian crisis on the national exports. Finally, the study recommends that there are needs for analytical studies and the use of econometric models to demonstrate the impact of the Syrian crisis measures on all sectors and on the sets of Jordanian goods imported and exported.展开更多
In 2017, China had invested a total of more than USD 1.8 billion in Zimbabwe, and the bilateral trade volume between China and Zimbabwe reached USD 1.3 billion. At present, China is the largest source of foreign inves...In 2017, China had invested a total of more than USD 1.8 billion in Zimbabwe, and the bilateral trade volume between China and Zimbabwe reached USD 1.3 billion. At present, China is the largest source of foreign investment in Zimbabwe and their fourth largest trading partner. Meanwhile, Zimbabwe is an important investment destination and long-term strategic partner for China in Africa.展开更多
The allocation of transmission cost provides important references and signals for system expansions and investments.This paper proposes a power tracing based equivalent bilateral exchange(PTEBX)method in which network...The allocation of transmission cost provides important references and signals for system expansions and investments.This paper proposes a power tracing based equivalent bilateral exchange(PTEBX)method in which network users are responsible for not only their induced power flows,but also power flows induced by whom they have equivalent bilateral exchanges with.The equivalent bilateral exchanges are recognized based on the power tracing.To evaluate the performance of different methods of allocating transmission cost,seven criteria are put forward that take into consideration characteristics of power systems.Theoretical analysis is then conducted to certify whether the methods satisfy the criteria.The results indicate that only the PTEBX method is able to satisfy all the seven criteria.Numerical examples based on the IEEE-30 system are presented to further demonstrate the applicability of the proposed method.展开更多
China has been accused of manipulating its currency to gain international competitiveness and enjoy a trade surplus. The S-Curve is a hypothesis that could be used to test the depreciation. It claims that while future...China has been accused of manipulating its currency to gain international competitiveness and enjoy a trade surplus. The S-Curve is a hypothesis that could be used to test the depreciation. It claims that while future effectiveness of currency devaluation or values of the trade balance and current exchange rate are positively correlated, the past values of the trade balance and current exchange rate are negatively correlated. While China's aggregate trade flows with the rest of the world conforms to the S-Curve hypothesis, disaggregating trade flows by trading partner reveals that not all partners are affected equally by devaluation. Indeed, trade with 8 out of the 24 partners does not support the S-Curve hypothesis.展开更多
Building on four decades of sustained relations,China and the EU are ready to further their partnership.At the 17th China-EU Summit in Brussels on June 29,Premier Li Keqiang and EU leaders vowed to promote col aborati...Building on four decades of sustained relations,China and the EU are ready to further their partnership.At the 17th China-EU Summit in Brussels on June 29,Premier Li Keqiang and EU leaders vowed to promote col aboration in a host of new areas.At present,Sino-EU economic relations are at their best in history.展开更多
基金Under the auspices of Knowledge Innovation Program of Chinese Academy of Sciences (No. KZCS-SW-355)
文摘Based on the basic trade gravity model and Xinjiang's practical situation, new explanatory variables (GDP, GDPpc and SCO) are introduced to build an extended trade gravity model fitting for Xinjiang's bilateral trade. From the empirical analysis of this model, it is proposed that those three variables affect the Xinjiang's bilateral trade posi- tively. Whereas, geographic distance is found to be a significant factor influencing Xinjiang’s bilateral trade negatively. Then, by the extended trade gravity model, this article analyzes the present trade situation between Xinjiang and its main trade partners quantitatively in 2004. The results indicate that Xinjiang cooperates with its most trade partners successfully in terms of present economic scale and developing level. Xinjiang has established successfully trade part- nership with Central Asia, Central Europe and Eastern Europe, Western Europe, East Asia and South Asia. However, the foreign trade development with West Asia is much slower. Finally, some suggestions on developing Xinjiang's for- eign trade are put forward.
文摘On October 8,the'Belt and Road'Leading Group office published the'ChinaEurope Freight Train Development Plan',which is a fiveyear plan in accordance with China’s13th'Five-Year Plan'.The document formulated the major tasks for the construction of China-Europe freight train project for the next five years,and clarified three space layouts,including the China-Europe
文摘2017 marks the 45th anniversary of diplomatic relations between China and Germany. Now 'Germany is the fifth largest tradepartner of China around the world, and the largest one in Europe, while China has topped the United States and France and become the largest trade partner of Germany.
文摘Jordan's economy is influenced significantly by events taking place in the region, and many successive events in the region occurred during the past two decades, resulted in successive waves of migrations in large numbers to Jordan. The Syrian crisis impact goes beyond the waves of refugees but extended to influence the trade routes to and from Jordan through Syrian route and ports. This research aims to analyze the impact of the Syrian crisis on the Jordanian trade through the use of regression analysis and the use of dummy variable to reflect the Syrian crisis, analyzed the monthly data for the period 2005-2015. In addition, it has used other statistical methods such as records, and has been the Syrian crisis impact analysis on the volume of trade, imports, total export, re-exported, and the national exports. In spite of the lack of trade stop with Syria completely, study showed that there is a significant decline in the trade exchange between Jordan and Syria, but the Syrian crisis may affect the Jordanian imports, the trade volume, trade balance while the study did not show any trace of the Syrian crisis on the national exports. Finally, the study recommends that there are needs for analytical studies and the use of econometric models to demonstrate the impact of the Syrian crisis measures on all sectors and on the sets of Jordanian goods imported and exported.
文摘In 2017, China had invested a total of more than USD 1.8 billion in Zimbabwe, and the bilateral trade volume between China and Zimbabwe reached USD 1.3 billion. At present, China is the largest source of foreign investment in Zimbabwe and their fourth largest trading partner. Meanwhile, Zimbabwe is an important investment destination and long-term strategic partner for China in Africa.
基金supported by the Management Consulting Program of the State Grid Corporation of China under Grant SGTYHT/15-WT-218.
文摘The allocation of transmission cost provides important references and signals for system expansions and investments.This paper proposes a power tracing based equivalent bilateral exchange(PTEBX)method in which network users are responsible for not only their induced power flows,but also power flows induced by whom they have equivalent bilateral exchanges with.The equivalent bilateral exchanges are recognized based on the power tracing.To evaluate the performance of different methods of allocating transmission cost,seven criteria are put forward that take into consideration characteristics of power systems.Theoretical analysis is then conducted to certify whether the methods satisfy the criteria.The results indicate that only the PTEBX method is able to satisfy all the seven criteria.Numerical examples based on the IEEE-30 system are presented to further demonstrate the applicability of the proposed method.
文摘China has been accused of manipulating its currency to gain international competitiveness and enjoy a trade surplus. The S-Curve is a hypothesis that could be used to test the depreciation. It claims that while future effectiveness of currency devaluation or values of the trade balance and current exchange rate are positively correlated, the past values of the trade balance and current exchange rate are negatively correlated. While China's aggregate trade flows with the rest of the world conforms to the S-Curve hypothesis, disaggregating trade flows by trading partner reveals that not all partners are affected equally by devaluation. Indeed, trade with 8 out of the 24 partners does not support the S-Curve hypothesis.
文摘Building on four decades of sustained relations,China and the EU are ready to further their partnership.At the 17th China-EU Summit in Brussels on June 29,Premier Li Keqiang and EU leaders vowed to promote col aboration in a host of new areas.At present,Sino-EU economic relations are at their best in history.