The Industry Transformation Factors In Sino-US Trade Deficit

The United States of America and People's Republic of China are the biggest developed country and developing country respectively. The economic and trade relationship between China and the US has been developed into one of the most important economic and trade relationship of the world. Both China and the US have gained outstanding economic benefits from the extending economic and trade communication, while bilateral economic and trade disputes and attritions happened frequently. Among these disputes and attritions, the question of bilateral trade balance is unfailing. How to treat the question of Sino-US bilateral trade balance, explain it fairly and impersonally in theory and solve it rationally to gain a win-win result will influence the full-scale development of the Sino-US economic and trade relationship.A lot of data, charts and statistic material are used in this eassays. Rigorous logical discussion and abundant factual analysis approve the proposition that industry transfer is the deep-seated reason to Sino-US trade deficit from multi aspects.The essays is divided into three chapters. Chapter One introduces the actuality and correlative theories of Sino-US trade deficit. Chapter Two is the keystone of this essays, which analyzes the effects of industry transfer played on Sino-US trade deficit demonstratively. This proposition is discussed from three aspects, which include FDI, structure of trade commodity and how industry transfer affects Sino-US trade deficit. Chapter Three reemphasizes the conclusions of demonstration section and provides new ideas to solve Sino-US bilateral trade problems.The research result has shown that, Sino-US trade deficit is the inevitable result of international industry transfer, which cannot be decided by policy arrangement. There lay great limitations to weigh the gains and losses of economic benefits with the balance of trade. Profound understanding of these two consequences will do help to deal with the Sino-US bilateral economic and trade problems.