ANALYSIS OF THE CURRENT SITUATION AND POTENTIAL OF CHINA-UKRAINE AGRICULTURAL COOPERATION UNDER THE “BELT AND ROAD” INITIATIVE
Abstract
Introduction. Based on the complementary advantages of agricultural resources and production factors between China and Ukraine, this article analyzes the current situation of agricultural product trade and investment between China and Ukraine through a comparison of macroeconomic, land resources, population, and agricultural production. Purpose. Located along the “Belt and Road”, Ukraine is one of the first countries to participate in the “Belt and Road” construction. China and Ukraine should carry out in-depth cooperation in agricultural investment, agricultural product trade, deep processing of agricultural products and agricultural technology. Results. Ukraine is a key country for China’s foreign investment along the “Belt and Road”. The Chinese and Ukrainian governments have signed a series of documents and agreements to promote the cooperation and development of China-Ukraine agriculture. Through China’s agricultural investment in Ukraine, it can effectively promote the complementary combination of agricultural technology, capital and production factors between China and Ukraine, promote the rapid development of agricultural production, planting and agricultural product processing. The China-Ukraine Agricultural Technology Park is in its early stages, with a small scale and a lack of investment in the field of deep processing of agricultural products. The two countries have great potential for investment in the agricultural industry chain, and there is ample room for cooperation in areas such as deep processing, warehousing, and logistics of agricultural products. With the development of e-commerce, China and Ukraine can consider expanding the "online consumption" of agricultural products, carry out cross-border cooperation by means of “Internet plus Agriculture” and play the role of the Internet in promoting the trade of agricultural products. Conclusions. China and Ukraine can further expand agricultural trade, strengthen agricultural investment, promote agricultural technology cooperation and talent exchange, and jointly achieve mutually beneficial development. This not only helps promote economic growth in both countries, but also contributes to the stability and sustainability of the global agricultural market.
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