标题:Analysis on the Trade Structural Competitiveness in Manufacturing Industry between Guangzhou and “the Belt and Road” Participating Countries Based on Lafay Index
摘要:The economic development in Guangzhou presents an export-oriented characteristic. Therefore, it is the key path for Guangzhou’s manufacturing to upgrade by participating the construction of the Belt and Road initiative. This paper adopts Lafay Index to measure the structural competitiveness of trade between China and countries along the B&R and finds that Guangzhou has a long-term and stable comparative advantage in clothing and textile industry, metal products industry and leather products industry, but a long-term disadvantage in metal smelting industry, chemical manufacturing industry and non-metallic mineral products. It also shows a high degree of intra-industry trade in food processing industry, sports and entertainment industry.