Study on Sino-US Intra-industry Trade from the Perspective of Intra-product International Specialization

From the perspective of the China's participation of intra-product international specialization, this paper analyzes the development of parts and components trade and processing trade of China, and accounts the level of intra-industry trade of Sino-US main trade commodities between 1987 and 2006.It shows that the Sino-US trade structure and the level of Sino-US intra-industry trade had been apparently improved during this period.Then the paper analyzes the influential factors of the level of Sino-US intra-industry trade based on the intra-product international specialization by empirical study.It shows that the intra-product international specialization has obvious effect on promoting the level of intra-industry trade of Sino-US high technology industries, medium technology industries and total industries.Therefore, the further improvement of China's position in the intra-product international specialization is of great significance to improve the level of Sino-US intra-industry trade. Participation of China in Intra-product International Specialization and Current Situation of Sino-US Intra-industry Trade Current Situation of Participation of China in Intra-product International SpecializationAn important factor in China's import and export growth since 1990s is the expansion of the 2018