TITLE:
Exploring the Ways to Promote the Development of Bilateral Trade China and the Philippines
AUTHORS:
Weigang Su, Weijun Liu
KEYWORDS:
Bilateral Agreement, Trade, Business, Economics, Tariff
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.13 No.7,
July
31,
2023
ABSTRACT: Over the past few decades, the bilateral trade relationship between China
and the Philippines has experienced significant transformations. The
development of this trade relationship holds immense importance for fostering
people-to-people exchanges, promoting economic and social development in both
countries, and contributing to regional peace and development. The
objective of this study is to investigate methods for enhancing the growth of
bilateral trade between China and the Philippines, while analyzing the impact of factors such as tariffs, non-tariff measures, trade
policies, and currency considerations. Through a combination of
literature review and content analysis, data were collected and utilized to
conduct a comprehensive and objective analysis of the historical and current
state of bilateral trade between the two countries. The
proposed framework for this research aims to utilize a wide range of data to
examine and identify strategies for promoting trade development. Currently, the
overall scale of bilateral trade between China and the Philippines remains limited,
characterized by an imbalance in trade, low levels of bilateral trade, a narrow
range of traded commodities, and insufficient complementarity between
industries.