An Empirical Research On The Influencing Factors Of The Structure Of China’s Export Products

Beginning in2008, the financial crisis in US has made the world economy suffer a big blow, so has China’s International Trade. Export trade is facing many problems:exports is in the low end of the value chain, low-tech, low value-added, and don’t have a comparative advantage in competition with products from other countries; Because of trade protectionism and trade remedy, it is more difficult to export products to other countries; the appreciation of the RMB exchange rate makes the competitiveness of the export products decline in the international market; the irrational strcuture slows the development of export trade. Adjusting the structure of China’s export products has become the most pressing topics in the field of China’s trade. The development of China’s export trade can no longer focus only on the "quantity", but should pay attention to the "quality".Through the factors of the structure of China’s export products, this paper studies the problem of adjustment and optimization of the structure of China’s export products. Firstly, review and summarize the literature in the field of the structure of the export products, enhance the reliability of the qualitative analysis and effectiveness of the quantitative analysis. Combining theoretical analysis and practical analysis, I conduct the study of the structure of China’s export products. In the theoretical section, I mainly draw on the trade theory about the structure of export products and summarize the impact factors for the empirical analysis section, including:stock of the human capital, foreign direct investment, capital stock, industrial structure, technological progress, the exchange rate and export tax rebate policy. Secondly, I use the data and charts to analyze the classification and composition of China’s export products, and then measure the international competitiveness of each kind of product with Trade Competitiveness Index, revealing the problems of the structure of China’s export products. After that, I conduct the unit root test, cointegration test and Granger causality test among the various influencing factors. Finally, according to the results of analysis, I give several suggestions to adjust the structure of China’s export trade.