Analysis On Competitiveness Of Service Trade Between China And South Korea Under The Background Of "One Belt And One Road"

In the international market,service industries account for more and more of the national economy.The status of trade in services in foreign trade is also rising.The traditional trade in goods is no longer sufficient to allow China to occupy a leading position in international trade.The "Belt and Road" strategy has brought new opportunities for the development of China's service trade.The "One Belt and One Road" strategy has broad prospects for the future development of China and South Korea in terms of transportation and tourism.This paper mainly studies the competitiveness of service trade between China and South Korea in recent years.China and South Korea are among the most important countries in Asian economic development.Both countries have similar geographical locations and similar cultures,and their trade exchanges are increasingly prosperous.However,overall,China and South Korea's international trade in service trade is not very competitive.From the perspective of various service trade departments,China and South Korea mainly rely on traditional resource-intensive service trade.For high-tech industries,in recent years,The development of the country has improved.In summary,the competitiveness of service-friendly in China and South Korea is complementary in the transportation industry,tourism industry,telecommunications,computer and information service industries,and the financial industry.South Korea is in the areas of transport service trade,travel service trade,and intellectual property service trade.China's trade dependence is very high,which means that South Korea has a great advantage in these industries' exports to China.However,at present,the tension between China and South Korea is not only due to the contradictions between China and South Korea caused by the Saddam issue,but also lacks certain friendly relations among the people of China and South Korea.It can be seen from this that there are many industries in which China and South Korea have complementary services.In the future,China and South Korea should break the stalemate that exists in all aspects,increase mutual trust in trade,and strengthen trade cooperation.The main theoretical basis of this article is the comparative advantage theory and competitive advantage theory.The analysis of the competitiveness of service tradebetween China and South Korea is measured by the three indicators of international market share,display comparative advantage index RCA and competitive advantage index TC.In general,the international competitiveness of service trade between China and South Korea is not high in the international market,but the international competitiveness of some Korean departments is higher than that of China.With the development of service trade in recent years,some sectors are To a certain extent,it also surpassed South Korea.However,considering that China's trade deficit in services has been serious in recent years,some sectors of service trade have generally been at a disadvantage,although exports have increased.Looking at the various sectors of service trade between China and South Korea,the comparative advantage of China's service trade is reflected in the construction,computer and information services,and some other business service industries;while for South Korea's service trade,the construction and transportation service industry shows a comparative advantage.Then select four indicators of the explanatory variables for the three sectors of trade in services(transport,tourism,telecommunications,computer and information services)and total services trade,and select eight factors that affect the above four indicators as explanatory variables,using EVIEWS 8.0.Regression analysis was conducted on the TC values ??of the three industries and total service trade volume,and the factors and impacts on the total TC value of China's transportation,tourism,telecommunications,computer and information services,and service trade were obtained.Finally,based on the analysis of the competitiveness and the analysis of the influencing factors,it proposes corresponding suggestions and countermeasures for China-South Korea service trade.