Factors Influencing Trade Between China and Thailand---Based on the coastal areas in eastern China

Abstract

As we all know, China and Thailand establish the diplomatic relations in 1975, then the concept of "Chinese and Thais are brothers" has been rooted in the hearts of the two peoples So through comparing the import and export trade data between various provinces in China and Thailand in 2020, this paper selects the bilateral trade data between the top five coastal provinces and Thailand for analysis, in order to explore the factors affect the bilateral trade between the two countries. Furthermore, this research applied the Fixed Effect Model to do the regression analysis. Based on the analysis results, this study gives relevant suggestions at the regional and national levels to investigate how to better make the contribution on the China-Thailand bilateral trade development.