PARTNERSHIP PROFILE OF PRC XINJIANG UYGUR AUTONOMOUS REGION IN THE CONTEXT OF ECONOMIC COOPERATION IN THE GREAT ALTAI SPACE
УДК 339.9 (516)
Abstract
The development of the International Coordinating Council “Our Common Home — Altai” (ICC) involves maintaining and strengthening cooperation between its constituent regions of neighboring countries. Economic interaction is based on knowledge and understanding of partners. The paper presents an attempt to form a partnership profile of PRC Xinjiang Uygur Autonomous Region, which is one of the important and most developed regions included in the 1СС. We estimate the actual status of XUAR's resources and foreign trade based on Chinese statistics and mainly Chinese research. Several characteristics of the autonomous region are presented — components of the profile: territorial-geographical, resource, macroeconomic, trade-economic, infrastructural. It is shown that the features of the development of modern Xinjiang are its ultra-continental position, which determines transport economic interactions by land, accompanied by high transport costs, the presence of high natural and resource potential, the increasing development of manufacturing and mining industries, trade expansion into the Central Asian market, infrastructure modernization in connection with a special role in the implementation of the Chinese “One Belt — One Road” initiative.
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