The Studies On The Interaction Between China's Producer Services Export And Manufacturing Export

In recent years,China's manufacturing exports develops rapidly.In 1997,Manufacturing exports is 1588.39 billion dollars,but to 2015 it reached 21695.41 billion dollars,which average annual growth rate is 15.5 7%.As the world's largest exporter of tangible trade,China's manufacturing exports dominate for a long time,but it is undeniable that there are a lot of problems in the behind of Chinese Manufacturing Industry.China's enterprise innovation and technical level is not high,which cause manufacturing has been at the low end of the world's industrial chain and its export growth is facing enormous pressure.On the other hand,since the 1980s,while China's service trade develops rapidly,the productive service industry has also been considerable development,its exports from 11.82 billion dollars in 1997 increased to 1175 billion US dollars in 2014,which growth rate reached 16.23%,but there are also some problems,such as trade imbalances,trade deficit,weakening the competitive advaMngages.With the rapid development and extensive application of modern information technology,the relationship between producer service industry and manufacturing industry has been strengthened day by day,and the industrial boundaries of the producer service industry and manufacturing industry have become more and more blurred,which showing a new phenomenon of inter-industry integration.The competitive advantage of promoting manufacturing export growth is no longer limited to the product itself,but also related to a package of export-related productive services.Throughout the development of economic power,it is insurmountable stage for economic development that accelerate the development of the producer services and form the positive interaction between producer services export and manufacturing export.In this background,the paper analyzes the interaction between producer services export and manufacturing export from the angle of theory and practice.First of all,this paper discusses the research background,significance,domestic and foreign research status.Then,this paper analyzes the theoretical basis of the interaction between producer services export and manufacturing export,including new trade theory,new-new trade theory and competitive advantage theory.On this basis,the paper analyzes the present situation of the overall export of the producer service industry and the export of the sub-industry,the overall export and classified export of the manufacturing industry.Finally,The paper empirical analyzes the interaction between producer services export and manufacturing export by establishing the simultaneous equations.The paper also empirical analyzes the influence of export of producer service industry on manufacturing export and the influence of manufacturing industry export on producer service export by establishing the multiple linear regression equation.The results show that there is a good interaction between the export of producer services and the export of manufacturing industry.Besides,exports of transport,insurance,finance and telecommunications,computers and information services all have a positive impact on manufacturing exports,with exports of transport services contributing the most to manufacturing exports,followed by telecommunications,computer and information services exports,insurance ranks third,and exports of financial is the smallest.Labor-intensive,capital-intensive and technology-intensive manufacturing exports all promote the export of producer services,and capital-intensive manufacturing exports contribute the largest to producer services exports,followed by technology-intensive,labor-intensive is the smallest.In addition,R&D intensity,the size of enterprises both promote the development of manufacturing exports,but foreign direct investment has smaller negative effects in manufacturing exports;Service trade openness and foreign direct investment both promote the exports of producer services,but China's service industry level weakened the exports of producer services.Based on the above research results,this paper presents the policy recommendations to promote the development of producer services exports and manufacturing industry exports and strengthen the positive interaction between them.