The New Silk Road importance for Polish-Chinese trade relations
The New Silk Road importance for Polish-Chinese trade relations

Summary/Abstract: The aim of the research was to recognize the importance of the New Silk Road concept for trade relations between Poland and China. The study uses data from the Statistics Poland (Główny Urząd Statystyczny) on Poland’s foreign trade turnover with China, as well as information from the source literature. The adopted research period covers the years 2010–2018. The analysis shows that the New Silk Road has a significant impact on global supply chains by reducing the time of transporting goods on the China-Europe route, and by expanding infrastructural, financial and IT links to improve international trade. The analysed route gives the ability for China to extend the influence zone, and strengthen its position in the international arena, and for European countries is a source of infrastructural development and increased trade. Poland, due to its geographical location, can act as a bridge connecting Western markets with Central Asia, and should seize the opportunity to become a logistics hub and distribution centre of goods transported on the New Silk Road. The challenge for Polish businesses, trade organizations and the government is to increase exports of goods and services to China via terminals in Gdańsk, Małaszewicze, Łódź and Sławków.

• Details
• Contents