A Study On Influencing Factors Of China's Mechanical And Electrical Products Export

In the past ten years,mechanical and electrical products has been the first major commodity export in China,play a great role in China's trade in goods exports,in 2015 China's export of electromechanical products accounted for 57%of China's total exports.Since 2000,exports of electromechanical products in China has been in a stage of rapid growth,but after the financial crisis in 2008,the European market demand sluggish,and the main market of China's export of electromechanical products in some developed countries,therefore,China's mechanical and electrical products trade also be impacted.Slow economic recovery in the global environment,the international market of China's electromechanical products demand,as well as trade friction heating and weakening the traditional competitive advantage and many other issues are that the export of electromechanical products in China are facing difficulties.Therefore,it is of great significance to explore the influencing factors of China's mechanical and electrical products export,and to promote its sustained and healthy development.This paper explores the sources and influencing factors of the export growth of China's electromechanical products through the decomposition of trade flows through the marginal approach of three yuan.Firstly,the paper summarizes the current situation of the trade of mechanical and electrical products,including export scale,market structure and commodity structure.Mechanical and electrical products of China's export scale has been in a state of continuous growth,but also has the obvious stratification,the cut-off point in 2008 and 2008 after the export growth is relatively slow,due to the major trading partners of exports of developed countries,due to the impact of the financial crisis,economic recovery in some European and American countries is slow,lack of demand,which caused the no small impact on the export of electromechanical products in China but at the same time,the export of electromechanical products in China is the emergence of a new growth point,in recent years to accelerate the export of developing countries especially for emerging market countries,and exports to emerging countries has exceeded the growth rate of export growth in developed countries.Secondly,using the method of decomposition shows that three yuan marginal source of export growth,the results show that China's export of electromechanical products increased more still depends on the number marginal growth,that is to say the export of electromechanical products in China did not improve effective?Through the qualitative research,we find out the problems existing in the export of mechanical and electrical products,and then use quantitative analysis to explore the influencing factors.Three yuan marginal decomposition method based on the gravity model to conduct empirical research on the possible factors affecting the export of the use of panel data,this paper examines the economic scale,variable trade cost,the productivity of our country,China's foreign direct investment and export to China,China and the influence of the level of trade facilitation and export country of destination the financial crisis of three yuan for the marginal export of electromechanical products,and finally get the conclusion of the influence of different factors on marginal three yuan is different,that is to promote the export of electromechanical products in long-term growth,should develop targeted policy.Finally according to the analysis of the suggestions,the export of electromechanical products in China over a long period of time depending on the number of marginal increasing exports is not conducive to the export trade of our country,we should also pay attention to the price and the marginal expansion of marginal growth,in order to enhance the stability of export trade,with China's export of electromechanical products in order to win the the quality change.