As the world＇s economic growth slows,China finds itself confronting the twin challenges of the ＂re-industrialization＂ of developed countries and the shift of traditional labor-intensive industries to cheaper emergi...As the world＇s economic growth slows,China finds itself confronting the twin challenges of the ＂re-industrialization＂ of developed countries and the shift of traditional labor-intensive industries to cheaper emerging developing nations.What are China＇s advantages and what展开更多
In 2004, under the leadership of China Council for the Promotion of International Trade (CCPIT), CPC Shanghai Committee and Shanghai Municipal government, CCPIT Shanghai Sub-Council established scientific viewpoin... In 2004, under the leadership of China Council for the Promotion of International Trade (CCPIT), CPC Shanghai Committee and Shanghai Municipal government, CCPIT Shanghai Sub-Council established scientific viewpoint of development, centered by export-oriented economy, strengthened active serving and innovation, raised service level which made great contributions to Shanghai's opening-up and economic development as well as drove the whole development of society.……展开更多
Based on heterogeneity in firm's sales destinations and trade patterns, this paper estimates China's ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China&...Based on heterogeneity in firm's sales destinations and trade patterns, this paper estimates China's ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China's comparative advantages from the perspective of value-added trade. Our research findings suggest that without taking into account heterogeneity in firm's sales destinations and trade patterns,China's RVAE will be overestimated. Conventional gross trade accounting underestimates the export competitiveness of China's labor-intensive and capital intensive sectors, but overestimates the export competitiveness of China's technology-intensive sectors,which leads to a significant reversal of comparative advantages. Conventional gross trade accounting method overestimates the trade surplus of China's manufacturing and technology-intensive sectors with the US by about 60% and 85% respectively.展开更多
This paper clarifies thestatus of Chinese agricultural product trade through the calculation of Chinese agricultural product trade competitive advantage index for a total of 21 years from 1999 to 2019.
Since adopting` the reform and opening-up policy in the late 1970s, China has constantly expanded its foreign trade by giving full play to its comparative advantage in production cost. However, nowadays, problems prev...Since adopting` the reform and opening-up policy in the late 1970s, China has constantly expanded its foreign trade by giving full play to its comparative advantage in production cost. However, nowadays, problems previously camouflaged by high GDP growth have begun to emerge from the woodwork. Externally, China is faced with pressure on the yuan's appreciation resulting from the trade surplus, as well as trade frictions with the United States and the EU. Internally, the problem is excess liquidity due to over $1 trillion in foreign exchange reserves, coupled with a sizzling stock market and sharply rising housing prices. In a recent interview with 21st Century Business Herald, Professor Justin Yi-fu Lin from China Center for Economic Research, Peking University, who was the first person to introduce the concept of "comparative advantage" to China, responds to the many doubts people have about the theory. Excerpts:展开更多
This paper analyzes the characteristics of BRICS＇s agricultural trading in four ways： export market competition, revealed comparative advantage, trade specialization index, and export similarity index. It shows that...This paper analyzes the characteristics of BRICS＇s agricultural trading in four ways： export market competition, revealed comparative advantage, trade specialization index, and export similarity index. It shows that BRICS countries export different agricultural goods in the same market, so they do not have real competition in agricultural trading markets. BRICS countries have a comparative advantage in different products; especially Brazil with having total different RCA products. In BRICS countries, China and Brazil are the closest trading partners. Compared with other BRICS countries, China and India have a higher similarity in agricultural trading.展开更多
文摘As the world＇s economic growth slows,China finds itself confronting the twin challenges of the ＂re-industrialization＂ of developed countries and the shift of traditional labor-intensive industries to cheaper emerging developing nations.What are China＇s advantages and what
文摘 In 2004, under the leadership of China Council for the Promotion of International Trade (CCPIT), CPC Shanghai Committee and Shanghai Municipal government, CCPIT Shanghai Sub-Council established scientific viewpoint of development, centered by export-oriented economy, strengthened active serving and innovation, raised service level which made great contributions to Shanghai's opening-up and economic development as well as drove the whole development of society.……
基金supported by the Youth Program of the National Social Sciences Fund of China(NSSFC)"Study on the Real Interest Distribution Pattern of China's Trade Surplus under the New System of International Division of Labor"(Grant No.12CJY083)Basic Scientific Research Funding and Backbone Talent Support Program for Key Disciplines of Central Universities(Nankai University)"Study on Industrial Agglomeration,Financing Constraint and the Export Behaviors of Chinese Enterprises"(Grant No.NKZXA1405)the Collaborative Innovation Center for the Socialist Economy with Chinese Characteristics of Nankai University and the Center for Asian Studies,Nankai University(Grant No.AS1607)
文摘Based on heterogeneity in firm's sales destinations and trade patterns, this paper estimates China's ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China's comparative advantages from the perspective of value-added trade. Our research findings suggest that without taking into account heterogeneity in firm's sales destinations and trade patterns,China's RVAE will be overestimated. Conventional gross trade accounting underestimates the export competitiveness of China's labor-intensive and capital intensive sectors, but overestimates the export competitiveness of China's technology-intensive sectors,which leads to a significant reversal of comparative advantages. Conventional gross trade accounting method overestimates the trade surplus of China's manufacturing and technology-intensive sectors with the US by about 60% and 85% respectively.
文摘This paper clarifies thestatus of Chinese agricultural product trade through the calculation of Chinese agricultural product trade competitive advantage index for a total of 21 years from 1999 to 2019.
文摘Since adopting` the reform and opening-up policy in the late 1970s, China has constantly expanded its foreign trade by giving full play to its comparative advantage in production cost. However, nowadays, problems previously camouflaged by high GDP growth have begun to emerge from the woodwork. Externally, China is faced with pressure on the yuan's appreciation resulting from the trade surplus, as well as trade frictions with the United States and the EU. Internally, the problem is excess liquidity due to over $1 trillion in foreign exchange reserves, coupled with a sizzling stock market and sharply rising housing prices. In a recent interview with 21st Century Business Herald, Professor Justin Yi-fu Lin from China Center for Economic Research, Peking University, who was the first person to introduce the concept of "comparative advantage" to China, responds to the many doubts people have about the theory. Excerpts:
文摘This paper analyzes the characteristics of BRICS＇s agricultural trading in four ways： export market competition, revealed comparative advantage, trade specialization index, and export similarity index. It shows that BRICS countries export different agricultural goods in the same market, so they do not have real competition in agricultural trading markets. BRICS countries have a comparative advantage in different products; especially Brazil with having total different RCA products. In BRICS countries, China and Brazil are the closest trading partners. Compared with other BRICS countries, China and India have a higher similarity in agricultural trading.
