Analyzing Trade Competitiveness of Hi-tech Products Made in China and Japan

In the recent years,hi-tech products made in China has become more and more competitive in the world trade,however,China runs a big trade deficit when doing business with Japan.The paper studies the current trade situation of hi-tech products business,and takes a quantitative method concerning trade competitiveness index.The paper finds Chinese hi-tech products are less competitive than Japanese ones and suggests China should export more products of competition superiority to Japan,quicken to adjust the trade structure in order to change trade deficit.