The Research on Economic Complementarities of China and Southeast Asia
ABSTRACT
China and most of the Southeast Asia countries are all developing countries, with the establishment of the Free Trade Area between China and the ASEAN ,the economic cooperation of China and ASEAN is further strengthened and promote each economic development, expand bilateral trade and cooperation mode, the two sides gain their own comparative advantages. the differences of the natural resources and industrial capacity resulted in the formation of trade complementary features between the industries and intra-industry.
The continuous deepening of the international division between China and ASEAN makes for the regional economic cooperation and better integration and deployment of resources between China and the ASEAN.
KEYWORDS:Trade complementarities; Revealed comparative advantage index Intra-industry trade index; Trade complementary index