Theoretical Basis and Priority Directions for the Development of Economic and Trade Cooperation between China and Uzbekistan

There is a problem of unclear priority development direction in the economic and trade cooperation between China and Uzbekistan.This article aims to analyze the impact of various fields on the economic growth of the two countries through panel data models, identify the most promising areas of cooperation, and propose optimization policy recommendations to promote diversified and high-quality economic and trade cooperation development.By collecting bilateral trade and investment data between China and Uzbekistan, GDP (Gross Domestic Product) growth rate is set as the dependent variable, and fixed effects and random effects models are constructed by combining variables such as bilateral trade volume and Foreign Direct Investment (FDI).This article uses statistical software for regression analysis to calculate the contributions of various variables to economic growth, identify areas of efficient cooperation, and ensure the robustness of the model and the accuracy of the results through empirical testing.The results show that a regression coefficient of 0.35 and an investment return rate of over 20% in the energy sector reflect its dominant position, indicating that the energy sector is currently a priority direction for cooperative development.The diversification index of cooperation also indicates that bilateral cooperation has gradually expanded from a single field to multiple fields.The policy reform and the improvement of market openness further promote the diversification and efficiency of economic and trade cooperation.This article provides data recommendations for the deepening and optimization of future economic and trade cooperation between China and Uzbekistan, which is conducive to promoting the expansion of bilateral cooperation in a wider range of fields.

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