Research Questions Factor Accumulation And China's Service Trade Structure Optimization

In the new century, with the development of global economics and industrialstructure regulation, international service trade grows rapidly. International servicetrade is playing a more and more important role in the world economy activity, andshows two characters. On one hand, the core factor of the world trade competition isturning from international goods trade into international service trade; on the otherhand, the structure of service trade has changed a lot, converting into new servicewhich intensively focuses on knowledge, technology. During this process, factoraccumulation plays an indispensible role in two ways. On one hand, it affects onecountry’s natural endowment from the whole aspect; on the other hand, the relativeaccumulation speed of each factor changes the amount of each factor. Apart from this,the change of one country’s natural endowment will make a big difference in one’scomparative advantage. Therefore, it has great need to find the correlation betweenfactor accumulation and optimization of service trade structure, and feasiblesuggestion to improve the service trade structure.This paper mainly illuminates the evolution path of service trade optimization.Then, it clearly defines the conception of service trade and its construction. And onthe bias of dynamic comparative advantage theory and factor endowments theory, itanalyses the mechanism of human capital and physical capital. Apart from this, itanalyses the current situation of our service trade in order to get the level andstructure of our service trade. At last, it leads physical capital and human capital intoresearch model, and by comparing the intensity and main impetus of all the servicetrade factors in our country from1990to2000,2001to2012, it analyzes the influenceof physical capital and human capital accumulation on our trade service, then putsforward the feasible suggestions.Through theoretical and empirical research, we can conclude that the tradestructure optimization service stages from natural talent to rely on advanced elementto rely on competitive advantage, at present, physical capital and human capital inimproving China’s service trade competitiveness and optimizing play an importantrole in the structural optimization of service trade, the empirical results also show thatmaterial capital and human capital to the service trade export driver enhancedsignificantly increased, we need to accumulate the material capital and humancapital.