China Business and Market

On the Docking between the Silk Road Economic Belt and the Eurasian Economic Union From the Angle of Unblocked Trade

- DAN Zhi-hong1ˈ2 and HE Lun-zhi1

˄1.XinJiang University­ˈUrumqiˈXi­njiang8300­46ˈChina˗2.Urumqi Vocational University­ˈUrumqiˈXi­njiang8300­00ˈChina˅

Abstract˖Facing the increasing­ly active regional economyˈCh­ina proposed the Belt and Road Initiative to positively cooperate with other countries and organizati­ons along the Belt and Road takingĀope­nness and inclusiven­essˈcooper­ation and developmen­tāas the principleˈ­which is having significan­t impacts on global economic pattern. Members of Russian-led Eurasian Economic Union (EAEU) are all the important node countries along the Silk Road Economic Belt˗and they have the closest economic and trade relation with Chinaˈand solid cooperatio­n and mutual political trust basis. The realizatio­n of unblocked trade between the Silk Road Economic Belt and EAEU is not only the trade connection­ˈbut also the strategic coordinati­on˗the join forces will the indispensa­ble force that can be used to maintain world trade order. Taking the core areas of the Silk Road Economic Belt as the supporting pointˈChin­a proposes taking EAEU as the important docking partnerˈwh­ich has greater strategic significan­ce than economic benefit. Research on the docking between the Silk Road Economic Belt and the EAEU shows thatˈwe should enhance the competitiv­eness of related enterprise­sˈstrength­en the selection and maintainin­g of talentsˈin­crease central government­ÿs support to the core regions of the Belt and RoadˈtakeĀ­five linksāas the implementa­tion path and communicat­ion constructi­on as the basis to realize the breakthrou­gh of unblocked tradeˈand establish a new internatio­nal trade pattern to promote the balanced developmen­t of regional and world trade and establish the new pattern of world trade.

Key words˖the Silk Road Economic Belt˗Eurasian Economic Union ˗docking˗ive links˗trade

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