On Potential Influence Power of Ocean Shipping to Industrial Transfer among Countries Along 21st-Century Maritime Silk Road

The Gravity Model incorporating major factors that have impacts on industrial transfer, such as technology and labor force, is constructed and the shipping variables are introduced to the model. The empirical analysis is performed with the data from China and 20 countries along sea silk road in 2011-2019. The analysis shows that the ocean shipping featuring completeness of network, high level of port services will play important role in advancing industrial transfer, especial among the countries relying on international trading. As for geographic area, the construction of ports and development of shipping services will greatly advance the industrial transfer from China to countries in South-east Asia, Africa and Middle East.