Research On The Influence Of Import Competition On The Innovation Of Chinese Automobile Enterprises

As the incremental international trade frictions,the deglobalization and the arrival of COVID-19,expanding import trade has become an important measure to promote the development of foreign trade and mitigate trade frictions.The fifth Plenary Session of the19 th CPC Central Committee proposed to comprehensively improve the level of opening to the outside world,and develop the manufacturing industry with high quality during the "14th Five-year Plan".The high-quality development of manufacturing industry depends on technological innovation.So,how will expanding imports affects technological innovation in different industries? The existing research rarely focused on a specific industry.Therefore,this article starts from the automobile industry,studies the impact of final product import competition and intermediate product import competition on the innovation of domestic automobile enterprises.This article explores the impact of vehicle import competition and parts import competition on R&D innovation of domestic enterprises by the data report of Chinese A-share in automobile manufacturing and parts manufacturing from 2010 to 2020.Through research,it is found that vehicle import competition has a significant inhibitory effect on the R&D and innovation of domestic high productivity enterprises,non-state-owned enterprises and enterprises in economically underdeveloped areas,but it also promotes the R&D and innovation of low productivity enterprises.On the whole,the import competition of final products inhibits enterprises’ R&D innovation.At the same time,the import competition of intermediate products plays a significant role in promoting domestic parts manufacturing enterprises,and plays a greater role in promoting low productivity enterprises,state-owned enterprises and enterprises in economically underdeveloped areas.The above conclusions are still valid after endogenous test and robustness test,which is in line with the expected hypothesis.The conclusions of this paper could provide some suggestions for the government to optimize import policies and help enterprises actively deal with import competition.According to the above theoretical and empirical analysis conclusions,this paper can offer the following suggestions.Firstly,Chinese government should attach great importance to the development trend of enterprises with different productivity in the industry when facing import competition.Secondly,the government should combine the import trade policy with the regional economic development level and industrial structure.Finally,enterprises need to build a perfect R&D innovation mechanism and improve the ability of secondary innovation.