The Research On Sino-U.S. Trade Development

China is the largest developing country in the world; the United State is thebiggest developed. Sino-US trade has become one of the fastest growing and thelargest bilateral economic relationship of the world, which play an important part inthe development of their own economy and the world economy. Since China and theUnited States established diplomatic relation in1979, the Sino-US trade hasdeveloped rapidly, the scale of bilateral trade between the two countries has beenexpanding, which has expanded more than a hundred times either from the Chinesestatistical data or the United State's. According to Chinese statistics, the UnitedStates is the second largest trading partner and the largest export trading partner ofChina in year2010. According to U.S. statistics, China is the second largest tradingpartner, the third largest export trade partner and the largest import trading partner.There are also issues such as trade imbalance and trade friction between twocountries, while Sino-US bilateral trade develops rapidly. Therefore, through acomprehensive, systematic analysis of the course of the development of Sino-UStrade, U.S trade policy to China and the main problems in the trade development,than proposing targeted suggestions, it will contribute to grasp the developmentdirection of Sino-US trade, remove the obstacles that exist in the trade development,and it also has important theoretical and practical significance for the healthy andstable development of Sino-US trade. Based on extensive literatures, this thesis istitled the Research on the Development of Sino-US Trade, using variety of analysismethods such as history analysis method, theoretical analysis method, and empiricalanalysis method to analysis development of Sino-US trade comprehensively.This thesis is divided into eight chapters as following:Chapter one is the introduction part, including the background, theoretical andpractical significance, research framework, innovation and the inadequacies of thisissue. Chapter Two is the Overview of Sino-US trade development related theory. Weanalyzed and evaluated several theories of international trade relation, includingMercantilist Theory, Absolute Advantage Theory, Comparative Advantage Theory,Infant Industry Protection Theory, Factor Endowments Theory, Super-ProtectiveTrade Theory,Intra-industry Trade Theory, Theory of Demand Preference Similarity,Strategic Trade Theory.Chapter three is the course and character of the development of Sino-US traderelation. Firstly, we reviewed the course of the evolution of the Sino-US traderelation which is divided into three stages: the stage before the founding of newChina, the development from the founding of new China to the time before theestablishment of diplomatic relation, rapid development after establishment ofdiplomatic relation. Then, we summarized the characters of Sino-US trade relation,including that trade expanded more than a hundred times and the trend of change isimproving steadily, the structure of trade commodity is constantly changing whichshowed a strong complementary, trade interdependence is constantly increasingwhile showing the asymmetric.Chapter four is the historical evolution, characters and prospect of U.S. tradepolice and measure toward China. Firstly, we reviewed the U.S. trade police toChina after the founding of new China into five stages. Secondly, we summarizedthe characters of U.S. trade police to China, including that U.S. trade police to Chinasubjects to the U.S. overall strategy and global strategy, it is deeply influenced bySino-US political relation, the impact of economy gradually increased, it showsobvious political periodicity, it is constrained by external system, and it'sdiscriminatory is increasing. The third section is outlook of U.S. trade policy toChina.Chapter five is the analysis of the main problems in the development ofSino-US trade. Firstly, we analyzed the imbalance of the Sino-US trade; includingthe basic situation of imbalance of Sino-US trade, and the main reasons ofimbalance of Sino-US trade, the reasons are the East Asian factor in the internationalindustrial transfer, foreign direct investment to China, U.S. export control to China, imbalance of U.S. macro-economy and other reasons. Secondly, we analyzed RMBexchange rate issue, including the overview of the stage of development of the RMBexchange rate system, how the United States put pressure on RMB exchange ratesystem, and the reason why the United States frequently put pressure on RMBappreciation. Thirdly, we analyzed the antidumping measure implemented by U.S.to China, overviewed the history and status of antidumping measure implemented byU.S. to China, then analyzed the reasons why the United States frequentlyimplemented antidumping measure to China, finally, analyzed the impact ofantidumping measure implemented by the U.S.. Fourthly, we analyzed theintellectual property dispute in Sino-US trade, firstly, overviewed the history ofSino-US intellectual property dispute, secondly, analyzed the current situation ofSino-US intellectual property dispute, finally, analyzed the reason of the Sino-USintellectual property dispute．Chapter six is the empirical analysis of affect of main problems of developmentof the Sino-US trade, which included the impact of East Asia factor, foreign directinvestment in China, U.S. export controls to China,and U.S. domesticmacroeconomic imbalance on Sino-US trade imbalance using econometric methods;the impact of RMB exchange rate movements on Sino-US trade, the impact of U.S.anti-dumping in China on Sino-US trade;and impact of "Section337"imvestigationin China on Sino-US trade.Chapter seven is the analysis of Sino-US trade development trend. Firstly, weanalyzed the trend of underlying condition of Sino-US trade development, andconcluded that there will be a long period of complementary state of Sino-US trade,the interdependence asymmetry will still exist, the imbalance of Sino-US tradecouldn't be solved in short term, the friction of Sino-US trade will accompany thefuture development of Sinio-US trade,and the competion between the two countrieswill be significantly enhanced. Secondely, we predicted the trade structure betweenthe two countries.Chapter eight is the suggestions to promote Sino-US trade, including seekcommon ground while reserving differences, and build a comprehensive and mutually beneficial Sino-US economic partnership; Solve the trade imbalanceproblem actively and properly; Respond to the friction of Sino-US trade actively.