Research on China-Sri Lanka Economic and Trade Cooperation Based on SWOT Analysis

Authors

  • Qiang Zhu
  • Lanlan Gui
  • Sujing Guo

DOI:

https://doi.org/10.54097/0w8tpz11

Keywords:

China-Sri Lanka Economic and Trade Cooperation, SWOT Analysis, Globalization, “Belt and Road” Initiative, Strategic Suggestions

Abstract

This paper systematically explores the economic and trade cooperation between China and Sri Lanka based on the SWOT analysis framework. Against the backdrop of globalization and the “Belt and Road” initiative, China-Sri Lanka economic and trade cooperation shows great potential and broad prospects. By using the SWOT analysis method, the paper comprehensively analyzes the strengths, weaknesses, opportunities, and threats of China-Sri Lanka economic and trade cooperation. The strengths include complementary geographical locations, complementary trade structures, and a solid foundation of political mutual trust; the weaknesses mainly lie in trade imbalances, unstable investment environments, and cultural and communication barriers; opportunities mainly arise from the promotion of the “Belt and Road” initiative, the deepening of regional cooperation, and changes in the global trade pattern; threats mainly come from changes in the international political and economic environment, external shocks such as pandemics, and the rise of trade protectionism. Finally, the paper proposes targeted strategic suggestions based on the actual situation, aiming to promote the sustainable and healthy development of China-Sri Lanka economic and trade cooperation and enhance the economic prosperity and well-being of the two countries. 

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References

[1] Yao Jinglong, Chen Haitao, Zhang Changsheng, et al. Practicing the New Development Concept of the “Belt and Road” Initiative: Promoting the High-Quality Development of the “China-Sri Lanka Joint Science and Education Center” [J]. Bulletin of the Chinese Academy of Sciences, 2024, 39(02): 373-378.

[2] Xie Liangcai, Gao Song. Research on the National Vocational Qualification Framework System of Sri Lanka [J]. Vocational Education Forum, 2023, 38(11): 112-120.

[3] Sun Xianpu, Yang Lu. The Evolution, Causes, and Development Trends of the Sri Lankan Crisis [J]. Indian Ocean Economic Studies, 2023(02): 82-96+154.

[4] Du Min. New Trends in the Socialist Movement in Sri Lanka [J]. Marxism Studies, 2023(03): 141-150.

[5] Liu Yidan, Wang Min. The Functional Changes of Political Parties in the Nation-Building Process of Sri Lanka [J]. South Asian Studies Quarterly, 2023(01): 80-98+158-159.

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Published

18-09-2024

Issue

Section

Articles

How to Cite

Zhu, Q., Gui, L., & Guo, S. (2024). Research on China-Sri Lanka Economic and Trade Cooperation Based on SWOT Analysis. Journal of Education and Educational Research, 10(2), 211-215. https://doi.org/10.54097/0w8tpz11