Research On Sino Japanese High And New Technology Intra-Industry Trade

In 2004, china managed to attain a favorable trade balance in high and new technology products trade for the first time. This changed the unfavorable trade situation which has maintained for a long time. Along with the development of the high and new technology industry, the Sino Japanese high and new technology intra-industry trade has also developed a lot. This phenomenon can not be explained by the traditional trade theories which are based on the labor capacity and Factor Endowment. It is very urgent to have a new theory to explain this phenomenon. Then the intra-industry theory appeared. it clarifies the intra-industry phenomenon from the country and products aspects. The development of the Sino Japanese high and new technology intra-industry trade indicates that we have gotten some achievements because of the Strategy of Promoting Trade Development through Science and Technology. It is meaningful to analyze the factors which affect the Sino Japanese high and new technology intra-industry trade.Seeing from the former research results, the local research on the Intra-industry trade is based on the developed countries. This research will take a try to precede the Intra-industry trade between the developed country and the developing country.Japan has the very high-class technologies, its government stick on the technology strategy which makes Japan first in the Asian countries. China also carries out the Strategy of Promoting Trade Development through Science and Technology; it aims at improving the trade through the high and new technologies.We need to analyze the Sino Japanese high and new technology intra-industry trade. It helps to know the development level of our high and new technology industry. At the same time, finding out the main reasons which affect the Sino Japanese high and new technology intra-industry trade; and discovering the problems of the Sino Japanese high and new technology intra-industry trade are very important.