Research On Trade Interests Of China’s Service Exports

World tertiarization and globalization of service economy has become the biggest characteristic of the trade in services at present.With the rise of the proportion of trade in services,all kinds of services are on the stage of the world economy in the form of their active.Service trade is increasingly important and become a big power for countries to compete for trade interests.China is the world’s largest developing country,persistent trade surplus help China get a large amount of trade interests,but the amount of service exports is smaller relative to that of trade in goods,and the size is also not big enough.What’s more,the widening of services trade deficits is increasing in recent years.On the basis of understanding about the present situation of the export of Chinese service trade,people increasingly concern about how much trade interests we can get,therefore China’s service export profit ability is worth further studying.This paper mainly studies the trade interests of China’s service exports.First,it introduces current situation of the development of China’s service trade,using service exports and balance of service trade in China during 1997-2014 to analyze service exports of the whole and divisions,through the former two we can get that the scale of Chinese service trade exports increases year by year but the gap expands,service export capacity needs to be heightened;From divisions,some services such as tourism,transportation,their deficits is increasing while consulting,computer and information services are trade surplus,their exports strengthen the service export contribution in recent years,the structure of service exports improves.With the value added accounting method,we use input-output table from the database of WIOD and KPWW method to measure the trade interests of China’s service exports during 1995-2011 again and make international comparison.Also analyzed by the whole and divisions of China’s service exports,we can know that the value added of service exports in domestic contains materialized service exports,so it can more accurately measure the trade interests of service exports of a country.In comparison of the trade interests of service exports among China,the United States and India,we know that from the volume of trade interests of the service exports,China is smaller than the United States,but also more than India;from the source structure of the trade interests of service exports,the United States and India are both knowledge-intensive services,while China is the most unreasonable in three,and starts transferring from the mainly labor-intensive services,followed by capital-intensive services and knowledge-intensive services before 2004 to the mainly capital-intensive services,then labor-intensive services and knowledge-intensive services equally after 2004,its structure improves and its potential is great.Finally,we set up a model,then through empirical analysis to explain if the relationship between the variables and the trade interests of China’s service exports isestablished.We use stepwise regression method to determine the factors of trade interests of China’s service exports of the selected variables which is the goods exports,foreign direct investment,and the level of service industry development,and the three all have a positive impact on it,besides,the influence of the level of service industry development is the largest among them.Based on the above theoretical and empirical results,we put forward relative suggestions with the development of China’s service exports and the situation of the trade interests of China’s service exports.