Research On Analysis Of The Competitiveness Of Trade In Services Among China,Japan And South Korea

Today,the proportion of service trade in the world's foreign trade is gradually rising,together with decline of the traditional commodity trade volume.Service industry and trade has become a new impetus to stimulate global economic growth.This paper mainly focuses on the competitiveness of service trade in China,Japan and South Korea.The three countries are very important trade partners to each other.Due to the geographical position of China,Japan and South Korea,trade among the three countries are increasingly prosperous.Compared with Japan and South Korea,as a developing country,China is experiencing rapid development in service trade in recent years,but there are still gaps in many industries,which mainly act as increasingly trade deficit,unreasonable foreign trade structure and so on.The study is conducive to finding the existing problems of China's trade in services,and promoting its better and faster development.The main theories of this paper include Theory of Absolute Advantage,Theory of Comparative Advantage,New trade theory,Competitive Advantage Theory and some indicators about trade competitiveness.The empirical analysis includes three parts,analysis of the overall competitiveness of service trade,TC index analysis and CA index analysis,and then draw the following conclusions.From the total amount and the growth speed,China's service trade competitiveness is stronger than Japan and South Korea,but for the deficit,service trade structure and other specific indicators,China's service trade competitiveness is weaker than Japan and South Korea.According to the TC index analysis,China's major dominant industries are the computer and construction services.Japan's major advantaged industries are royalties,financial services and construction services.South Korea has high competitiveness in construction services and transportation services.From the CA index analysis,as the two largest trade deficit industries in China's service trade,the competitiveness of tourism and transportation is far lower than Japan and South Korea,and in recent years,the rapid decline of China's tourism services witnesses the rapid promotion of Japan and South Korea in tourism.Finally,there are suggestions to improve the competitiveness of China's trade,including the improvement of tourism services,the promotion of knowledge-intensive industries in service trade,promoting more trade interactions in goods and trade,and encouraging service enterprises to international investment.