The Research On The Dynamic Mechanism Of Specialized Market Transformation And Upgrading

Specialized market is an important commodity trading platform and a circulation channel in China. It is a highlight in the process of China’s economic development. These years, with domestic and international changes in economic situation, the traditional specialized market is being faced with some realistic problems such as the decline of function and status. Some specialized markets even declined and disappeared in certain areas. Therefore, transformation and upgrading are urgently called for by specialized markets. However, research on this aspect is far from sufficient in the academic circle in China. Given this, this thesis investigates the issue concerning transformation and upgrading of specialized market based on the dynamic mechanism theory, in order to providing reference for improving development mode and quality of specialized market, and expanding the current system of specialized market to a certain extent.The research adopts combined methods, both theoretical and positive. The investigation into the general dynamic mechanism of specialized market is based on the theories of division and specialization, scale economy and industrial cluster. Revealing dynamic mechanism of specialized market transformation and upgrading, combined with the track of development of Yiwu commodity market.In this paper, specialized market transformation and upgrading is defined:The transformation and upgrading of specialized market refers to its development mode changing from current extensive management to intensive management depend on technology innovation, service improvement and brand effect, so as to enhance the quality, profitability and comprehensive competitive power of specialized market, and achieve the sustainable development. Cheaper transaction cost, higher trade credit, better market service and rapider information delivery are the basic characteristics of the specialized market transformation and upgrading. The market changes from a single transaction concentration to an international trade center, distribution center, information release center, price formation center, which is the basic direction of specialized market transformation and upgrading.For the question how does the specialized market transform and upgrade, this thesis is in a perspective of the dynamic mechanism to analyze the main causes. The specialized market system can be divided into two parts:internal and external. There are the market operators and market organizer in internal system; on the other hand, the government, the support industry, the third sector and the city are external of the system. Consisting with the internal and external parts of specialized market the system, the dynamic mechanism is also divided into internal and external. In the internal dynamic mechanism, four driven mechanism are value system coordination-driven, business model innovation-driven, modern transaction technology-driven, core competence guide-driven. And in the external dynamic mechanism, government control-driven mechanism, industry support-driven mechanism and collaborative services-driven mechanism are quite important. This article summarizes the dynamic mechanism model of the specialized market transformation and upgrading.Finally the thesis gives out a specific study of Yiwu commodity market, in the development of the specialized market transformation and upgrading practice. The author analyzes the dynamic mechanism in Yiwu commodity market transformation and upgrading, and suggests some possible countermeasures for Yiwu commodity market to continue to transform and upgrade.