Comments on the trade powers and the future prospects of China

China has experienced uninterrupted trade surpluses since 1993. Now that Total trade multiplied by nearly 100 to USD 4.2 trillion in only three decades and, in 2013, China surpassed the United States as the world’s biggest trading nation. During this period, China surpassed Germany as the world’s largest exporter, and surpassed Japan to become the world’s second economy, and then to now that the growth of the china’s economy has once again highlighted the power of the country’s influence in the world economy. No matter how enormous the GDP and total trade volume are, trade competitiveness is different on average. In addition, China’s service trade is less than half of the United States, and is at the bottom of the world rankings. According to the data released by the WTO, China’s service industry imports are ranked fifth in the world in 2012, and the service industry exports are ranked third, next to the United States and Germany. Though China has become the largest trading nation across the United States, but this has made the vulnerability of the service trade more evident. Unreasonable trade structures and structural defects in commodity trade are obstacles to the realization of China’s trading power. Since 2013, China has become the world’s largest trading nation. In 2016, China formally established the strategic goal of “trade power.” From the present research results, western scholars pay more attention to the natural formation process of big countries or powerful countries, and do not strongly advocate the national strategy of trade power, but China strong supports for the strategy of a trade power. There are no definite conclusions about the meaning and the measurement index system of big trade nation or trade power. This paper explores the Chinese and foreign literatures in the fields of connotation and evaluation system of trade power, trade power status and implementation path of Chinese and so on, in which the trajectories of time and space’s development in trade power theory and measurement index system are outlined. With the emergence of new political and economic conditions in the world, the study of the trade power and its measurement index system needs to be integrated with the new content with the times. There is of great significance to grasp the profound meaning of trade power and the construction of a scientific evaluation system, to a correct understanding of one country’s trade status and development stage and the realization of one’s trade strategy.