The Evaluating System of Trade Facilitation and its Impact on China’s Export
Xi Zhou
Abstract
Xi Zhou
Abstract
How to measure the level of trade facilitation? How does it affect the development of the country's foreign trade? Researches in this area are still conducted mostly by qualitative analysis but less by quantitative analysis. Applying the Analytic Hierarchy Process (AHP) to build a trade facilitation comprehensive evaluation index system and to quantify the level of trade facilitation of a certain country, the empirical study on the relations between China's export trade and its trade facilitation level through the Trade Gravitational Model concludes that: the level of China's overall trade facilitation is relatively low, and the level of trade facilitation of other countries is also an important influencing factor on China's bilateral trade volume. And, to raise the level of China's impact to promote its foreign trade, the paper suggests three effective ways: promoting global trade facilitation standards, actively participating in and pushing forward negotiations on impact, as well as strengthening international cooperation on trade facilitation.
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How to measure the level of trade facilitation? How does it affect the development of the country's foreign trade? Researches in this area are still conducted mostly by qualitative analysis but less by quantitative analysis. Applying the Analytic Hierarchy Process (AHP) to build a trade facilitation comprehensive evaluation index system and to quantify the level of trade facilitation of a certain country, the empirical study on the relations between China's export trade and its trade facilitation level through the Trade Gravitational Model concludes that: the level of China's overall trade facilitation is relatively low, and the level of trade facilitation of other countries is also an important influencing factor on China's bilateral trade volume. And, to raise the level of China's impact to promote its foreign trade, the paper suggests three effective ways: promoting global trade facilitation standards, actively participating in and pushing forward negotiations on impact, as well as strengthening international cooperation on trade facilitation.
Key concepts: Trade facilitation, Gravity model of trade, China, International trade, Facilitation, Trade barrier, Bilateral trade, International free trade agreement