Analysis of the Current Situation and Countermeasures for Guangdong's Electrical Industry Exports under the Belt and Road Initiative

DOI: https://doi.org/10.62517/jse.202511510

Author(s)

Tingting Cui, Yuxuan Chen*

Affiliation(s)

Guangzhou College of Commerce, Guangzhou, China *Corresponding Author

Abstract

The electrical industry in Guangdong Province has developed rapidly under the support of the Belt and Road Initiative but still faces challenges such as product standards, logistics shortcomings, imbalanced export structure, and trade protectionism. This paper first analyzes the current situation of Guangdong's electrical industry exports, then empirically studies the influencing factors of Guangdong's electrical product exports using customs data from 2015 to 2023. The results show that the GDP of trading partners, Guangdong's GDP, population size of trading partners, and the RMB exchange rate significantly promote Guangdong's electrical product exports. Finally, this paper explores suggestions for the development of Guangdong's electrical industry.

Keywords

Guangdong Electrical Industry; Exports; Influencing Factors; Current Situation Analysis

References

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