China and South Asia Logistics Industry Development Based on Marine Water Conservation

Abstract

Liu, L., 2019. China and South Asia logistics industry development based on marine water conservation. In: Guido-Aldana, P.A. and Mulahasan, S. (eds.), Advances in Water Resources and Exploration. Journal of Coastal Research, Special Issue No. 93, pp. 1066–1072. Coconut Creek (Florida), ISSN 0749-0208.The term “One Belt and One Road”, firstly initiated by the Chinese Government, has brought new opportunities for the effect of China on South Asian countries in the economic and trade cooperation. From 2005 to 2016, the scale of goods trade between South Asian countries and China increased significantly, and South Asia gradually became an important trading partner of China. The structure of China's export products to South Asian countries has not changed much and most of which are technology and capital-intensive processed products. However, the elements of China's import products has changed a lot under marine water conservation and tends to be diversified and rationalized. This paper analyzes the complementarity and competitiveness of trade between China and South Asian countries by applying existing indicators, e.g., revealed comparative advantage index (RCA), trade integration index (TII), trade complementarity index (TCI), export similarity index (ESI) and trade competitiveness index (CI).The results show that China's trade with South Asian countries is more complementary than competitive, and there is great potential for international logistics between China and South Asian countries. According to the situation of marine water conservation, we should make use of trade complementarity to improve the structure of foreign trade, strengthen trade negotiations and advance the development of free trade zones, as well as strengthen infrastructure construction and promote connectivity, in order to increase international trade value and promote logistics industry in China and South Asian countries.