Mathematical Analysis on Factors that Have Influence on Competitiveness of China's Service Trade
Mingliang Zhao
Abstract
Mingliang Zhao
Abstract
Service trade plays a significant role in economic development,which determines a country's competitiveness in the international market.First,this paper analyzes four factors that have influence on competitiveness of China's service trade.They are foreign direct investment,service trade opening,international trade in goods and labor quality.Then,it makes an empirical test on the relations between above factors and service trade.At last,it proposes seven counter-measures to promote the service trade of China.
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Service trade plays a significant role in economic development,which determines a country's competitiveness in the international market.First,this paper analyzes four factors that have influence on competitiveness of China's service trade.They are foreign direct investment,service trade opening,international trade in goods and labor quality.Then,it makes an empirical test on the relations between above factors and service trade.At last,it proposes seven counter-measures to promote the service trade of China.
Key concepts: China, Trade barrier, Service (business), Business, International trade, Foreign direct investment, International economics, Tertiary sector of the economy