A Research On Factors Influencing The International Competitiveness Of Producer Services Trade In China

In the information age with the rapid development of economic, the international servicetrade has become the main content of trade between countries and also been the main force topromote national and regional economic development. In recent years, as a high-leveldeveloped service trade, producer service trade is developing rapidly. It has risen as the coreof service trade and also been a pillar industry in developed western countries with moreeminent status in the economic development and international competition of the world.However, as the largest developing country with the manufacturing industry developingrapidly, service industry of China has not attained the same development and its service levelis still low with high trade deficit, especially in the technology and knowledge intensiveproducer service trade comparing with those developed countries. Due to lack of internationalcompetitiveness and a weak link in the value chain of industry, producer service trade ofChina affects international division of labor pattern and profit distribution in the globaleconomy.This paper first analyzes the status of international competitiveness in producer servicetrade of China. Through building the competitive index system with net exports, tradeopenness and revealed comparative advantage index respectively measuring the internationalcompetitiveness, we summed up four problems based on the corresponding data andinternational comparison which are deficit increasing every year, the unreasonable structure,weak competitiveness and low trade openness.Then we take empirical analysis for the factors affecting the internationalcompetitiveness of China’s producer service trade by Porter’s Diamond Model, we selectvariables and take empirical testing degree of influence on international competitiveness: theinfluences of the gross value of industrial output and the ability attracting foreign directinvestment are not significant; All other variables have significant effect except the humancapital with negative influence.The last is the countermeasures to promote the international competitiveness of China’sproducer service trade. Combined with qualitative analysis and the empirical results, this part summarizes the countermeasures from three aspects in order to enhance the internationalcompetitiveness of producer service trade in China. They are increasing human capitalinvestment, perfecting infrastructure and enhancing support and improving the utilization offoreign capital from the aspect of government; as the industry level, it can guide the assembleand optimize the structure of producer service trade, as the enterprise level, it can enhance theinternationalization and export of cargo.