Research On The Impact Of Trade Facilitation Level On International Competitiveness Of China’s Trade In Services

Under the background of the prevalence of trade liberalization,while the global trade volume continues to grow,the proportion of service trade in a country’s GDP is also growing.Therefore,raising the level of trade facilitation has become an important trade policy.It can effectively improve the international competitiveness of a country’s service trade.As the impact of trade facilitation on service trade continues to deepen,service trade will eventually become the backbone of the world’s economic growth.The purpose of this paper is to verify the promotion of trade facilitation indicators and then use the fixed-effect panel data model to verify the promotion of trade facilitation to the international competitiveness of trade in services.The research results show that improving the level of trade facilitation can effectively improve the international competitiveness of a country’s service trade.This paper starts from six parts and analyzes the relationship between trade facilitation level and international competitiveness of service trade.Firstly,the first part introduces the background of trade facilitation and international competitiveness of service trade.The second part analyzes the international competitiveness of trade facilitation and service trade from a theoretical perspective.The third part introduces the current level of trade facilitation in China and the development status of international competitiveness of China’s service trade,and makes an international comparison.Through the principal component analysis method,the trade facilitation level of China and its major partner countries is measured and analyzed.The fifth part is empirical analysis.The fixed effect model in the panel data model is used to analyze the influences of trade facilitation to international trade competitiveness.The sixth part is countermeasures and suggestions,and proposes improvement measures on how to improve China’s trade facilitation level and international competitiveness of service trade.Combining the research on the level of trade facilitation and the international competitiveness of service trade,China needs to take measures to increase infrastructure investment,enhance port efficiency,simplify customs procedures,improve customs efficiency,improve institutional environment,improve policy transparency,and promote e-commerce.Improve the level of trade modernization,and strive to improve the level of trade facilitation to promote the development of international competitiveness of service trade.At the same time,we should speed up the development of domestic service industry,attach importance to personnel training,expand service openness,and rationally increase the use of foreign investment in service industries to further enhance the international competitiveness of service trade.