Future Competitive Advantage of China ‘s Service Trade

Future Competitive Advantage of China 's Service Trade

As a way of participating in the international division of labor, service trade is still applicable to the basic principles and rational core of the international division of labor. The factor-intensive structure of China’s service trade embodies the current comparative advantages and competitive advantages of China. With the dynamic change of our comparative advantage, we should transform the advantages of our country’s production factors into the competitive advantage of China’s service industry and service trade as soon as possible, and develop human capital-intensive services, technology-intensive and emerging cross-border trade in services. We should make full use of the advantages of an open economy and make great efforts to cultivate the advantages of two-way investment in the service industry. We should strengthen cooperation with countries along the “all the way along the way” to cultivate the diversified advantages of the service trade market and make use of the system advantages to establish and improve the service industry and service trade Management and coordination mechanism, finance and taxation, finance, trade and other policies and statistical systems.

Human resource-intensive services have a certain competitive advantage. China’s service trade advantage areas are mainly concentrated in the human resources-intensive services industry, in 2013 this area of service trade surplus reached 46.6 billion US dollars, 2014 due to statistical caliber adjustment, business service balance from positive transfer, making this type of service. The trade surplus fell to $ 15.2 billion.

The construction industry is a human resource-intensive industry, which is the current advantage of our country. With the implementation of China’s surrounding infrastructure development plan and the strategy of “carrying all the way along the way”, the rapid growth of construction services and labor export services driven by China’s foreign project contract The trend is expected, and the trade surplus for construction services will grow further. Construction services grew by nearly 40% in 2014, trade surplus of $ 10.5 billion, up $ 3.7 billion over the previous year.

Information and computer services are technology-intensive industries, but for China’s information and computer services exports, the more is the use of China’s human resources advantages. Especially in recent years, the rapid development of offshore service outsourcing, but also a human resource-intensive industries. Offshore service outsourcing as a new type of international division of labor services, the future market prospects. With the implementation of the “Opinions of the State Council on Promoting the Development of Service Outsourcing Industry” at the beginning of 2015, China’s offshore service outsourcing, which is dominated by information technology services outsourcing, will maintain a growth rate of not less than 20% over the next five years. Therefore, information and computer services are still areas of our country. Trade and computer services trade grew 25.6% in 2014, trade surplus of $ 26.9 billion, up $ 5.5 billion from the previous year.

Leave a comment

Your email address will not be published. Required fields are marked *