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| STUDY ON TRADE AND INVESTMENT COOPERATION BETWEEN CHINAAND CROATIA UNDER THE BACKGROUND OF THE BELT AND ROAD INITIATIVE |
| LI Bo-ying1,2, Yin Hai-tao3 |
1. School of Political Science & International Relations, Tongji University, Shanghai 200092, China;
2. Institute for China and World Studies, Tongji University, Shanghai 200092, China;
3. Antai Colleage of Economics & Management, Shanghai Jiao Tong University, Shanghai 200030, China |
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Abstract Croatia is the hometown of Marco Polo. As an important country in Central and Eastern Europe and an important stop on the ancient Silk Road, Croatia plays an important role in promoting the effective implementation of the Belt and Road Initiative. Based on the data of trade and investment cooperation between China and Croatia from 2013 through 2020, this paper analyzes the complementarity and competitiveness of trade and investment cooperation between China and Croatia. The results show that:Since the establishment of diplomatic relations between China and Croatia in 1992, the cooperation in trade and investment between the two countries has developed steadily and achieved good results. In recent years, although the coronavirus has caused an all-around impact on global international trade, and the global trade in goods and services has shrunk substantially, trade and investment between China and Croatia have continued to increase. Moreover, China is at a relatively core position in China-Croatia trade and investment cooperation, while Croatia is at a relatively marginal position. Besides, the cooperation in trade and investment between China and Croatia is complementary and has great potential for future cooperation. At present, the trade and investment between China and Croatia is developing steadily, but there are still some problems. In view of the problems existing in the trade and investment cooperation between China and Croatia, this paper puts forward policy suggestions on further expanding cooperation in the fields of trade and cooperation between China and Croatia, and strengthening cooperation between both sides in competitive industries, infrastructure projects, tourism and service outsourcing.
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Received: 20 February 2021
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2022, Vol. 37 
