A Study of the Export Commodities Structure of China's Food Industry and International Competitiveness
Wang Lili, Wang Lili, Xiao Wenwen, Chengwei Wang
Abstract
Wang Lili, Wang Lili, Xiao Wenwen, Chengwei Wang
Abstract
As a basic industry to safeguard people’s livelihood, food industry in china makes great contributions to achieve a trade surplus, increase exports and expand employment, etc. No doubt, China is a huge country whose food industry has a long history, but there is a quite long way for china to be a power in this field. What’s worse, the export competitiveness of china’s food industry becomes less competitive in the international market. Thus to develop china’s food industry and maintain its competitiveness, great importance should be attached to the changes of the international competitiveness of china’s food industry. For this purpose, this study tries to focus on the analysis of export commodity structure of china’s food industry with the application of Revealed Comparative Advantage Index (RCA) and Trade Competitive Index (TC) and proves the fact that the international competitiveness of china’s food industry is weakening and even some sub-industries have lost their competitive advantages. Therefore, at the end of the study some effective measures have been put forward according to problems in the export of china’s food industry.
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As a basic industry to safeguard people’s livelihood, food industry in china makes great contributions to achieve a trade surplus, increase exports and expand employment, etc. No doubt, China is a huge country whose food industry has a long history, but there is a quite long way for china to be a power in this field. What’s worse, the export competitiveness of china’s food industry becomes less competitive in the international market. Thus to develop china’s food industry and maintain its competitiveness, great importance should be attached to the changes of the international competitiveness of china’s food industry. For this purpose, this study tries to focus on the analysis of export commodity structure of china’s food industry with the application of Revealed Comparative Advantage Index (RCA) and Trade Competitive Index (TC) and proves the fact that the international competitiveness of china’s food industry is weakening and even some sub-industries have lost their competitive advantages. Therefore, at the end of the study some effective measures have been put forward according to problems in the export of china’s food industry.
Key concepts: China, Revealed comparative advantage, International trade, Index (typography), Commodity, Business, Comparative advantage, Food industry