An Empirical Analysis on the Level and Quality of the Intra-Industry Trade in China's Service Industry

The paper analyzes empirically the level and quality of intra-industry trade in China's service industry from the years of 1997 to 2011 by applying indexes of intra-industry trade from the static and dynamic views.The results show that the intro-industry trade in service industry of China keeps growing for 15 years,with an average annual growth rate of 16%.The intra-industry trade is the main trade mode of Chinese service industry of which the trade growth is intra-industry trade.The intra-industry trade level of most service departments is higher,but the intra-industry trade characteristics of cap ital-intensive and technology-intensive service departments is not obvious.The service industry trade of China is developing toward the‘original'direction.The effects of horizontal factors are more important than vertical ones.The paper also puts forward some suggestions to promote the level and quality of intra-industry trade in service industry of China.