| Ever since the 1960's, along with the economic development throughout the world and the acceleration of global industry reconstruction, the service industry's position in the national economy has raised. Developed countries even name the dramatic growth of the tertiary industry as servicesation of the economy. Globalization of the service industry leads to an expansion of international service business therefore makes it the fastest growing area in international business. Among the sections of international services business, TST trade (TST) is one of the most important traditional sectors. From 2000 to 2008, TST has made up a solid share of over 20%of the world's service business. This makes it one of the three most important categories of international service business. During the years 2000 to 2008, world service trade averagely grows 12%, while the TST increases by an annual rate of 11%, reaching the highest level of 1.935 trillion U.S. dollars in the history. Since globalization proceeds and the economies are more closely linked, TST business becomes more important. Therefore, research on competitiveness of TST business is required. In our country, along with the total import and export of transport services business grows rapidly, the trade deficit of TST has increased instead of decreasing. In spite of the reduction of transport services in percentage of total trade deficit, transportation sector has long been the largest source of trade deficits. Although it is not necessary to completely balance international payments, the existence of high deficit from TST at least reflects its low competitiveness. So, analysis of the realities of TST in China, its international competitiveness, and determinants has become a necessity.In such situation, this paper analyzes facts that affect the competitiveness of our TST as well as defects of the business. It consists of three parts. First of all, this paper introduces the worldwide reality of TST and its trend, including the current TST situation as well as preview of development in scale, proportion, regional differences, and sector differences of international TST. Also, TST of China is analyzed at a sectional level; then, a quantitative and qualitative analysis on China's international competitiveness in TST is carried out, including the index analysis of internationally competitiveness and a model analysis of factors that affects China's TST. Based on the above analysis, it is concluded that China is less competitive. Meanwhile, restrictions are pointed out. Finally, five suggestions are made, such as increasing capital investment in China's transportation industry, increasing the supply of transportation professionals, promoting civil aviation market exploration and development, developing transportation-related industries, and improve government protection.Comparing to existing literature, innovations of this paper can be conclude as follows. First, both international and domestic data up to 2009 is retrieved and analyzed therefore the covers a longer time span and may reach more accurate interpretations and predictions; Second, compared with previous models, because this paper takes more factors into consideration the data used covers a longer time span, it may come to a better modeling performance thus gives out more convincing results. Third, suggestions in the last section are more targeted in that they are entirely output of the previous analysis.Due to problems in access to data and as well as limitation of my skills, the study in this paper is still suffering defects:on one hand, some data is old and some are missing, along with absence of certain graphs and detailed interpretations; on the other hand, suggestions may be a bit vague because of over-emphasize on the width and ignorance of specification and depth. Those are to be improved in the future. |
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