Trading environment analysis between China and CEE countries

Abstract

Based on the background of the 16+1 Mechanism, this paper analyses trading environment between China and sixteen CEE countries from 2006 to 2016, taking consideration of the Great Recession of 2008 to 2012 and emerging approach of “Eastern Opening”. In one way, fundamental background illustrates and compares the freshest snapshot of China and CEE countries in 2016 by several key indicators. In another way, sessions on subjects of trading environment attempt to evaluate CEE countries and China’s current trade situation on five aspects through economic capability (GDP, GDP per capita, and GDP growth), trading value (value of exports and imports, trade balance), composition of trade (key products groups by SITC classification), trading environment (exchange rates, tariff rates, and FDI). In the end, profound and comprehensive proposals are raised for materializing, maximizing, optimizing bilateral trades between China and CEE countries.