The Impact of CHINA RAILWAY Express on Urban Export Resilience

CHEN Jianguo; LI Wei

Volume 40 Issue 3

May 2025

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CHEN Jianguo, LI Wei. The Impact of CHINA RAILWAY Express on Urban Export Resilience[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(3): 19-39.

Citation:

CHEN Jianguo, LI Wei. The Impact of CHINA RAILWAY Express on Urban Export Resilience[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(3): 19-39.

CHEN Jianguo, LI Wei. The Impact of CHINA RAILWAY Express on Urban Export Resilience[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(3): 19-39.

Citation:

CHEN Jianguo, LI Wei. The Impact of CHINA RAILWAY Express on Urban Export Resilience[J]. Journal of Guangdong University of Finance & Economics, 2025, 40(3): 19-39.

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The Impact of CHINA RAILWAY Express on Urban Export Resilience

School of Economics, Nankai University, Tianjin 300071, China

Received Date: 2025-01-19
Available Online: 2025-06-25
Publish Date: 2025-05-28

Abstract

Abstract

As a vital international transportation artery linking the Eurasian market, CHINA RAILWAY Express (CR Express) ushers in novel trade avenues for cities along its route, and propels the local economy towards diversified advancement. Leveraging the quasi-natural experiment of CR Express's establishment, this study harnesses panel data from 281 Chinese prefecture-level cities spanning from 2009 to 2022. A multi-period difference-in-difference model is employed to empirically scrutinize CR Express's impact on urban export resilience, and its underlying mechanisms. The results demonstrate that CR Express's launch significantly bolsters urban export resilience, with this positive effect exhibiting a gradual upward trajectory over time. This conclusion withstands a battery of robustness tests and endogeneity corrections. Heterogeneous analysis reveals that CR Express's boost to urban export resilience is more pronounced in western routes, large-and medium-sized cities, non-resource-based cities, and central hub cities. Further examination indicates that the number of countries served, destination types, and logistics capacity of CR Express routes positively modulate CR Express's promotional impact. Moreover, CR Express's policy effect has an optimal distance, with its influence primarily within a 200km radius. Mechanism testing shows that CR Express enhances urban export resilience chiefly through technological innovation and resource allocation effects. Extended research suggests that CR Express's independent effect, export resilience's standalone role, and their synergistic effect all significantly drive the high-quality development of urban foreign trade. It is imperative to reinforce CR Express's strategic underpinnings, spur technological innovation, optimize resource allocation, and take into account the optimal policy radiation distance. These measures can further unleash CR Express's trade-channel potential and promote the high-quality growth of China's foreign trade.
- opening of CHINA RAILWAY Express,
- urban export resilience,
- technological innovation,
- resource allocation,
- synergy effect

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References(50)

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