Economic cooperation between Ukraine and China: realities and perspectives

Лойко, Валерія Вікторовна and Рамський, Андрій Юрійович (2018) Economic cooperation between Ukraine and China: realities and perspectives Ефективна економіка (10). ISSN 2307-2105

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Abstract

The article deals with the current state and trends of cooperation between Ukraine and China in order to implement the "One Belt - One Way" initiative. The state and dynamics of trade and economic cooperation between Ukraine and China for the period of 2012-2017 are considered. It is concluded that the dynamics of export of goods for the period under study has a positive tendency towards growth. Imports of goods from China to Ukraine decreased during the period under investigation. The volume of export and import of services has increased. The balance of foreign trade turnover during 2012-2017 is negative and during this period its absolute value increased by 38.49%. The analysis of cooperation between the two countries in the humanitarian sphere is carried out. Significant progress has been made in scientific and educational cooperation on the basis of the updated Agreement on cooperation in the field of education. The number of student scholarships has increased in both countries. It is noteworthy that in Ukraine the number of those wishing to study the Chinese language is increasing and the flow of Ukrainian students who go to obtain higher education in China is increasing. The analysis of the effectiveness of cooperation in the tourism sector was conducted. The conclusion is made on expediency of intensification of cooperation in the field of tourism and liberalization of obtaining visas for entry of Chinese citizens to Ukraine and vice versa. The analysis of investment volumes from China to the Ukrainian economy showed a slowdown in investment. It should be noted that the share of investments from China to the Ukrainian economy during 2012-2017 did not exceed 0.05%. There are promising economic areas in which projects and programs can be more effectively implemented in Ukraine with the attraction of Chinese investments. According to the results of the study, it was concluded that Ukraine and the People's Republic of China have significant potential for further expansion of economic cooperation, since they have mutual interests in this field.

Item Type: Article
Additional Information: Наукометричні бази даних: Index Copernicus (IC), Scientific Indexing Services (SIS), Google Scholar
Uncontrolled Keywords: Ukraine; China; international cooperation; science; education; culture; industry; agriculture; agreements; export; import; projects; perspectives.
Subjects: Articles in journals > Фахові (входять до переліку фахових, затверджений МОН)
Divisions: Факультети > Факультет інформаційних технологій та управління > Кафедра фінансів та економіки
Depositing User: Валерія Вікторівна Лойко
Date Deposited: 06 Nov 2018 07:38
Last Modified: 06 Nov 2018 07:38
URI: http://elibrary.kubg.edu.ua/id/eprint/24571

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