Sino-Korean Trade Deficit Study

Since the establishment of diplomatic relations between the two countries in 1992,the two countries have witnessed the benefits of the development of trade between China and South Korea,with the efforts of the two governments and enterprises.China and South Korea should strive to maintain the trade between China and South Korea,so that it is moving in a better direction.However,in the process of trade development between China and South Korea,the trade deficit problem is more and more serious.The trade deficit seriously affects China's economic development.The government should work to change the trade deficit situation and promote the better development of trade between the two countries.This paper analyzes the trade deficit from the analysis of trade deficit,through the Sino-Korea trade development data to find out the trend of trade deficit,through the analysis of goods between China and South Korea to find out the reasons for the trade deficit in order to improve the trade deficit situation,Promote the better development of the two countries.This paper is divided into seven parts,the first part is the introduction part,introduces the research background and the research status quo at home and abroad;the second part introduces the international trade theory,including absolute superiority theory,comparative advantage theory,Theory,factor endowment theory and national competitive advantage theory.The third part analyzes the trade deficit and the trend of trade development between China and South Korea.Through the analysis of the data,it can be seen that the trade in China and South Korea In the process,China's trade deficit is increasing;the fourth part of the empirical analysis,starting from the Sino-Korea commodity structure,respectively,the comparative analysis of the two countries,intra-industry trade analysis and trade integration analysis,according to Analysis and find out the differences between China and South Korea in the development of trade,so as to find out the causes of the trade deficit;the fifth part is the analysis of the fourth part to find out the reasons for the trade deficit,the most important reason is that China and South Korea China's commodity structure is different,China's labor-intensive products,South Korea is resource-intensive and technology-intensive products,and China and South Korea's market capacity is also different,China's product value-added lower,And South Korea's market capacity is limited,leading to China's products in the Korean market occupies less status,resulting in the trade deficit generated,in addition,the trade process of trade friction,South Korea's direct investment in China,China and South Korea The difference between the two countries' trade policy and the impact of economicglobalization have led to the emergence of the trade deficit to a certain extent.The sixth part is the combination of the current construction of China-Korea free trade area,to improve the trade deficit between China and South Korea It is suggested that the construction of China-South Korea Free Trade Area will promote the development of Sino-Korea trade.At the same time,the Chinese government must first do to improve China's industrial structure and enhance its innovation capability.Structure in order to fundamentally change the characteristics of China's commodity structure in order to alleviate the low competitiveness of China's goods situation,in addition,our government must continue to encourage our enterprises to invest in Korea,make full use of South Korea's technical and resource conditions,the two governments We must also strengthen the communication of information and properly handle the disputes in the course of trade.Only in this way can we promote the development of trade between the two countries in a better direction.The seventh part is a summary and summary of the whole text.Through the analysis of Sino-Korea trade,the development of Sino-Korea trade,especially after the construction of China-Korea free trade area,will further enhance the economic strength of the two countries.For the development of the Asia-Pacific region and the development of the whole world economy Play a positive impact.For the problems in the trade between China and South Korea,as long as the two governments work together,the deficit problem can be resolved,I believe in the future,the two countries will move in a better direction.