The Research On The Influence Factor Of China’s Auto Parts Trade

OECD countries are China’s important trade partners.China has close trade cooperation with USA,Japan,Germany and Korea.The trade amount of automobile parts between China and OECD countries is 53.684 billion US dollars in 2018 which is 83% of the total import and export trade amount of auto parts.Based on this background,The research on development situation,existing questions,development trend and influence factor analysis of automobile parts between China and OECD countries has practical significance.Firstly,this paper starts systematic analysis from trade development scale,trade market structure,trade product category structure,the competitiveness and RCA index comparison analysis between China and OECD countries.The auto parts’ trade scale goes up rapidly in general.Compared with 2001,Auto parts’ import trade amount grew 11 times,export trade amount increased 23 times.Even China automobile parts has big influence to global auto parts industry chain.But there are still some questions here,Trade parts category is not reasonable and balanced.China still needs to import capital intensive parts like ABRS etc.From Japan etc.The competitiveness of China auto parts is low through the RCA analysis.The index of RCA is below 0.8 all the time.But the trend of RCA index is on the rise which demonstrates China auto parts’ competitiveness level goes up gradually.But much more progress on China auto parts’ development should be made compared with US and Japan.Secondly,The paper implements economic analysis and regression analysis about auto parts’ trade influence factor between China and OECD countries.The economic analysis is processed by gravity model.based on the regression result,China and OECD countries’ GDP,FDI,DPGDP has positive impact on the trade amount.The tariff,exchange rate and shock has negative impact on trade amount.The GDP’s influence to OECD developing and developed countries changed due to financial shock.OECD countries’ GDP performs positive influence to developing countries compared with the influence on developed countries.FDI performs positive influence to developed countries before finance shock.Two way fixed effect model is adopted for omitted variables.Compared with fixed effect results,duty performs negatively and exchange rate performs negatively on import trade.Lastly,This paper provides some policy proposal to China auto parts based on the analysis result.From policy perspective,optimize tariff policy,minimum the tariff difference between China and OECD countries,trade facilitation;From industry perspective,leading the role of auto parts industry associations,establishment of auto parts industry cluster,increasing FDI quality,increasing the development scale of China auto parts production;From enterprise perspective,capability growth of independent innovation,increasing R&D funding,optimize trade parts category structure,accelerate the production of capital intensive auto parts in China.