From The Perspective Of Value Chain Division, China And South Korea Trade Benefit Analysis

Under the perspective of global value chain division,a production of the final product,involved in the procurement of raw materials and transport,semi-finished products and components such as intermediate products production and sales,to final product sales,use,and recycling the entire process,such as natural also needs the participation and cooperation of many countries and regions.In this process,the traditional trade statistics system can not express the trade relations between countries accurately,and the value-added trade statistics system is born.The value added trade statistics system is a better accounting method to accurately measure the trade interests of countries in the global value chain division.This new accounting method will change the traditional trade statistics,restore the true state of trade between countries and contribute to their economic growth.Avoid excessive exaggeration of trade balance due to backward statistical methods,thus increasing trade frictions between countries.Both China and South Korea the establishment of diplomatic ties,the bilateral trade deficit with China began in 1992 and.has been in a deficit state for more than twenty years,China and South Korea has been affected by the trade balance,stability and development.Therefore,the use of the added value of the trade statistics system restore true bilateral trade status of China and South Korea to promote the economic development of the two countries is of great significance.This article research mainly divided into three parts,the first part is from two statistical ways under the trade between China and South Korea,China and South Korea trade value chain division of labor conditions from two aspects to analyze the current situation of China and South Korea trade,looking for the bilateral trade development trend as well as the source of competitive advantage in China;The second part is based on input-output model between the two countries,trade benefits to China and South Korea to make use of value measure and research;Thus draw the conclusion:on the whole,China's 14 big manufacturing sector over the past 2000-2011 of Korean trade gains have not been substantial growth.For different element intensive manufacturing sector,China's exports to Korea's exports in the technology industry added value is higher than the low and high technology-intensive industry,at the same time,exports to Korea's exports of high technology industry in value-added rising,low technology industry export added value in a downward trend;In terms of relative index,in 14 manufacturing department,the department of domestic value-added(DV)accounts for the proportion of each department's total exports rise as a whole.Finally,according to the analysis results,from the traditional advantage upgrading,improve trade structure on the basis of two perspective,China and South Korea have targeted to improve trade countermeasures and Suggestions.