The Real Structure Of China's Export Competitiveness With The Consideration Of Factor Mobility

Since the 1970s,international direct investment has led to the rapid development of multinational corporations.The formation of the global production and consumption markets has resulted in significant changes in the international production field.The international division of the products has gradually changed from the inter-industries division to the factor cooperation specialization division.Facing the new global economic situation,developed countries or regions take multinational companies as the carrier to adjust their industrial structure.Thus they can improve their competitiveness.Developing countries,as the factor-accepting country,integrate domestic and international factors to product good.Through this way,developing countries achieve rapid economic development based on the significant increase of the export trade volume.China gets the most significant development in the process of taking part in the international division,which is called the "Chinese miracle".But has the continuous expansion of export trade made China become a trade power?Therefore,in the background of the division of factors,we should pay attention to the new connotation of trade competitiveness and distinguish the different elements of the distribution of interests between the national factors and foreign factors.We should also consider about the further enhance the direction of China's industrial value.Combining the background of factor division,this paper enriches the connotation of production factors based on the international investment and international trade theory and explores the motivation of the international flow of factors.Combined with the traditional comparative advantage theory,the flow of factors produced a comparative advantage because of the more detailed division,so that the original comparative disadvantage country won the comparative advantage to access the international division.In this process,the connotation of the factors of production is also constantly enriched.At the same time,the status of factors has changed that the national income of factors has become a source of foreign trade profits.Base on the above theoretical analysis,at the beginning this paper analyzes the change of China's export trade structure.Then this paper put the factor income into the evaluation index of trade competitiveness.Using China's export trade data,TIVA data issued by WTO and OECD,and China's domestic relevant data of China's major export trade products,we can calculate the international competitiveness of the index.Finally this paper analyses the change of China's export trade structure and the true structure of export trade competitiveness.Through the study,it is found that the competitiveness of a country's export trade should consider the profitability of its export products.Because the production factors have economic attributes,so the profitability of export trade will be affected by added value of the capital.With the deepening participation of China in the international division,the export trade structure has optimized by the division of total export trade volume.In this framework of export trade,by calculating the trade competitiveness index of the major export industries,we can find that only the textile,textile and garment and leather manufacturing industry has' the comparative advantage under the factor income perspective.In conclusion,finding a breakthrough to improve the value-added ability of domestic factors in the process of promoting China's export trade structure is the key factor to enhance the competitiveness of China's export trade.