All publication are peer-review
Peer review will take the from of double-blind review Judge objectively and impartially
There is no conflict of interest for the reviewer
Review articles shall be kept strictly confidential prior to publication

Industrial Technology Progress

The Dynamic Evolution and Determinants of in Chinese Highend Manufacturing Industry

Huang Chunshan1 , Li Tianguo2

(1.School of Asian Languages, Zhejiang Yuexiu University of Foreign Languages, Shaoxing 312000, China; 2. National Institute of International Strategy, Chinese Academy of Social Sciences, Beijing 100007, China)

Abstract: Based on the relevant data of the high-end manufacturing industry between China and major developed countries from 2010 to 2018, this paper compares the dynamic evolution of trade competitiveness between China and developed countries such as the United States, Japan, Germany, France, the United Kingdom and Republic of Korea through export market share, trade specialization coefficient and index of revealed comparative advantage. After that, the pa⁃ per analyzes the status of China in global trade and the determinants of China's high-end manu⁃ facturing trade competitiveness, and puts forward corresponding policy recommendations based on the conclusions. The analysis results of this paper are summarized as follows. First, the analysis of export market share results shows that China's computer, electronics, and optical instruments field have a large export market share, while the pharmaceutical field and aerospace field export market share are very low. Second, the analysis of trade specialization coefficient results shows that China has a weak competitive advantage in the fields of computer, electronics and optical instruments, while it has a weak competitive disadvantage and a large competitive disadvantage in the fields of pharmaceutical and aerospace respectively. Third, the analysis of the index of revealed comparative advantage results shows that China's computer, electronics and optical instruments fields have strong trade competitiveness, while the pharma⁃ ceutical field and aerospace field also show certain trade competitiveness. Finally, this paper analyzes the effect on the trade competitiveness of China's high-end manufacturing industry from the openness to the outside world, foreign direct investment, government behavior, labor productivity, market control ability, industry concentration, scientific research transformation ability, R&D investment intensity and capacity, new product development intensity and so on. Among them, openness to the outside world, scientific research transformation ability, govern⁃ ment behavior have a positive effect on the trade competitiveness of China's high-end manufac⁃ turing industry. According to the results of this paper, the following revelations can be drawn. First, it is necessary to guide social and private funds to invest in high-end manufacturing, promotes the establishment of a diversified scientific research funding system, and ultimately improves trade competitiveness through technological innovation.Second, it is necessary for the government to incorporate the scientific research achievement transformation promotion plan into the national economic and social development planning, and strengthen scientific research transformation services through policy support from finance, industry, finance, and government procurement. Third, it should enhance the freedom of China's global high-end manufacturing trade network and increase international technical cooperation in the field of high-end manufacturing. Fourth, it is necessary to deploy and promote the advanced development of high-end manufacturing in accordance with the comparative advantages of China's high-end manufacturing. 

Key words: Chinese-style modernization; high-end manufacturing industry; trade competi⁃ tiveness; panel data