Research On The Impact Of Local Market Demand On Chinese Manufacturing Export Structure

In recent years,the rise of trade protectionism,economic globalization and global COVID-19 upgrading have aggravated the uncertainty of external demand faced by China.The "external demand driven" export growth model makes Chinese export structure lack of endogenous power for optimization and upgrading.Therefore,China has put forward a "dual circulation" development pattern.Under the "dual circulation" development pattern,we should adhere to the strategic base point of expanding domestic demand,actively implement the development path of simultaneous development of domestic demand and foreign demand,fully tap and make use of Chinese super large-scale market,give full play to the advantages of economies of scale and complete industrial chain,and take the local market demand as the endogenous power source to promote the optimization and upgrading of Chinese manufacturing export structure,so as to better realize the optimization of Chinese export structure and the mutual promotion of domestic and international markets.This paper includes five parts.In the first part,we describe the background and significance of the topic,and use the literature research method to summarize the literature under the relevant topics.In the second part,we summarize the theory of the impact of local market demand on the export structure of manufacturing industry in trade theory,and make theoretical derivation and mechanism analysis.In the third part,we use the statistical description method to analyze the current situation of our country’s manufacturing market demand and export structure,and use the comparative analysis method to compare the factor intensity differences and industry differences of manufacturing market demand and export structure.In the fourth part,we use panel analysis to empirically analyze the impact of local market demand on manufacturing export structure.In the fifth part,according to the analysis of the current situation and empirical part,we summarize the main conclusions of this paper,and then put forward some countermeasures and suggestions.The main conclusions of this paper are as follows:(1)The domestic market demand of Chinese manufacturing industry is huge,and the growth rate has changed from fast to slow;The proportion of local market demand of capital technology intensive manufacturing industry has always been higher than that of labor-intensive manufacturing industry.Most of the key industries with high proportion of local market demand are capital technology intensive industries.(2)The total export volume of Chinese manufacturing industry is large,the export proportion of capital technology intensive manufacturing industry has increased,and the industries with high export proportion are mostly capital technology intensive industries.(3)Both the scale of Chinese export and the proportion of domestic market demand can be significantly increased.(4)The domestic market demand of capital technology intensive manufacturing industry can significantly promote its export structure,and the scale of domestic market demand plays the largest role.Therefore,taking advantage of the differences of the impact of local market demand on the export structure of different types of manufacturing industry,we can promote the optimal development of Chinese manufacturing export structure in the direction of high capital and technology.