The Evolution And Transformation Of The Growth Mode Of China's Commerce And Trade Circulation Industry

Trade and commerce is a common phenomenon in daily economic activities.The development of the commerce and trade circulation industry measures the economic development of a country and the degree of social prosperity.In the historical process of China's economic development,the commercial value of the commerce and trade circulation industry has been underestimated.In recent years,with the shift of China's economic center of gravity and the adjustment of industrial structure,the economic status of the commerce and trade circulation industry has been continuously improved,and its influence on China's economic development continues.Enhancement has evolved into an important industry affecting the development of the national economy.The growth mode of the commerce and trade circulation industry directly affects the sustainability and quality of the economic growth of the industry.The characteristics of low supply of production factors and insufficient technological progress have led to the fact that China's commerce and trade circulation industry is still a factor-driven growth mode.In the new round of economic transformation and development,the growth mode of the commerce and trade circulation industry needs to be transformed from factordriven to technology-driven,in order to achieve healthy and sustainable economic development of the industry.Efficiency is the driving force and source of sustainable industrial growth.Only through the improvement of productivity,the competitiveness of industry and the sustainability of development can be guaranteed,and total factor productivity as an indicator of efficiency can be used as a research tool for issues related to economic growth mode.Based on this,this paper analyzes the evolution and optimization suggestions of the growth mode of China's commerce and trade circulation industry based on the research perspective of vertical relative total factor productivity,in order to promote the evolution of the growth mode of China's commerce and trade circulation industry.First of all,this paper uses the vertical relative total factor productivity method to measure the total factor productivity of China's and regional trade and circulation industries and their sub-sectors from 2004 to 2017,and clarify the time series differences,industry differences and regional differences in the total factor productivity of the trade and circulation industry.Secondly,based on the calculation results of vertical relative total factor productivity,the growth mode of commerce and trade circulation industry is judged by the calculation of factor contribution rate index,and the growth mode of China's commerce and trade circulation industry is compared and analyzed from the vertical and horizontal dimensions.The time series evolution trend and regional distribution characteristics of the growth mode of the industry.Then,based on the analysis and evaluation of the evolution of growth mode and transformation theory,and the analysis of the current development of China's commerce and trade circulation industry,this paper proposes the transformation goal of the economic growth mode of China's commerce and trade circulation industry,that is,the commerce and trade circulation industry needs to improve the existing factor-driven growth mode and achieve technology-driven growth.Considering that total factor productivity is a tool for measuring technical efficiency and has a close relationship with economic growth mode,it can reflect the transformation of industry growth mode.Therefore,this article will improve China's trade and commerce.From the perspective of total factor productivity in the commerce and trade circulation industry,this paper examines the main influencing factors of the total factor productivity of the commerce and trade circulation industry,and proposes policy recommendations for transforming the industry growth mode of China's commerce and trade circulation industry.The research in this paper shows that during the period of 2004-2017,the growth mode of China's commerce and trade circulation industry is characterized by the extensive economic growth mode dominated by capital factor contribution,but there are differences in different time periods and different regions.At the same time,in order to achieve high quality and efficient development of China's commerce and trade circulation industry,the transformation goal of China's commerce and trade circulation growth mode is to change from capital and labor factor-driven growth mode to technology-driven growth mode,among which urbanization Level,foreign direct investment and market competition will have an impact on the transformation of economic methods.At the same time,taking into account the differences in sub-sectors,it is proposed to maintain appropriate competitiveness and leverage foreign investment in the economy.The promotion effect,avoiding the phenomenon of foreign investment by the local enterprises,the wholesale and retail industry pays attention to technology introduction and enterprise collaboration,transportation and warehousing,and the postal industry focuses on resource allocation.