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What is the development trend of international trade

2018-07-19

Economic globalization with trade globalization as its primary content has exerted a profound influence on China's economic and commercial development. The current development trend and characteristics of international trade can be summed up in six aspects: 1. 2. The trade pattern centering on developed countries remains unchanged, and China has become a new force for the growth of international trade. 3. The multilateral trading system faces new challenges and the momentum of regional economic cooperation around the world is high. 4. The international trade structure is becoming more ** oriented, and trade in services and technology is in the ascendant. 5. The integration trend of trade and investment is obvious, and the leading role of transnational corporations in global trade is increasing day by day; 6. The fight between trade liberalization and protectionism is getting fiercer and fiercer, with various kinds of trade barriers emerging one after another.

Economic globalization with trade globalization as its primary content has exerted a profound influence on China's economic and commercial development. In-depth analysis and grasp of the current international trade development trend and characteristics of scientific decision for us, in a larger range, a wider field and higher level of participation in international economic cooperation and competition, a good grasp of economic globalization brings opportunities, has the very vital significance.

International trade has entered a new period of rapid growth, and trade is playing an increasingly prominent role in promoting economic growth

With the rapid growth of the world economy and the in-depth development of economic globalization, the growth of international trade has accelerated significantly and entered a new period of rapid growth. In 2004, global trade in goods grew by a nominal 21 per cent to a 25-year high. Under the influence of the strong growth of the world economy, the strong demand for energy, raw materials and commodities in the international market and the depreciation of the dollar, the global trade in goods and services has shown a rapid growth trend. The rapid growth of global trade is not only the result of scientific and technological progress, increased productivity and deepening international division of labor, but also promotes world production. Since the 1990s, the growth rate of international trade has continuously exceeded the growth rate of world production, resulting in the increase of foreign trade dependence of all countries in the world to varying degrees.

The pattern of trade centered on developed countries remains unchanged, and China has become a new force for the growth of international trade

The three major economies of the United States, Europe and Japan are major powers in the world economy and also play a leading role in international trade. Developed countries is now the world exports more than 70% of the share and share more than 90% of the country's trade in services, more importantly, through developing regional trade cooperation in the developed countries and the control of the multilateral trading system to dominate international trade order, and won the most trade interests in international exchange.

China is prominent in international trade growth in recent years "bright spot", performance not only for China's share of global trade volume and ranking is rising, and the contribution to the global trade increment is more significant. In 2004, China's foreign trade volume reached $1.1548 trillion, more than Japan to become second only to the United States, Germany's third-largest trading nation, the world's total trade in goods and incremental proportion of 6.4% and 6.4% respectively.

The multilateral trading system faces new challenges and the momentum of regional economic cooperation around the world is on the rise

On August 1, 2004, 147 wto members agreed on a new round of multilateral trade talks framework, the content of the agreement but relatively principle and general, each member in agriculture, non-agricultural market access issues still exist great differences. The year 2005 is a crucial year for the doha round of trade talks. Developed and developing members will negotiate on the substance of major issues at the Hong Kong ministerial conference in December. It is important to note that because of various members of the regional trade agreements vary widely, overlapping, some of the trade agreement is beyond the scope of the traditional lower barriers to trade and investment, this has brought a certain degree of impact on the multilateral trading system.

At the same time, regional economic cooperation, mainly in the form of regional trade arrangements, has been developing at an accelerated pace. Second, major trading powers are pursuing the dominant power of regional trade arrangements. Third, the proportion of trade among the members of regional trade arrangements has increased further. In 2004, intra-regional trade accounted for more than 50 percent of total international trade. Fourth, competition between countries is changing to competition among regional economic groups. Regional trade arrangements have become strategic means for countries to strive for market resources, expand development space and enhance their international status.

The international trade structure is becoming more and more human, and trade in services and technology is in the ascendant

* * international trade structure and industrial structure upgrade are the backing, the change tendency has the following two prominent features: one is accompanied by the optimization and upgrading of industrial structure, the fast development of global trade in services. Over the past 20 years and more, international trade in services has expanded from 360 billion us dollars in 1980 to 2.1 trillion us dollars today, accounting for 19% of global trade. In terms of industry structure, service trade is increasingly oriented to emerging service industries such as finance, insurance, telecommunications, information and consultation. The share of traditional transportation and tourism continues to decline. In terms of regional distribution, the share of service trade in developing countries continues to expand, especially in east Asia. Second, the status of high-tech products in the trade of manufactured goods has been greatly increased, especially in the export of ict products. At the same time, because the multinational companies are represented by information technology in the high-tech industry transfer to developing countries, developing countries in recent years, technology-intensive products exports accounted for the proportion of the global rapid rise.

The trend of trade and investment integration is obvious, and the leading role of transnational corporations in global trade is increasing day by day

Under the impetus of the economic globalization, the production factors, especially the capital flow more freely on a global scale, multinational companies through the establishment of production on a global scale and marketing network, to promote the integration of trade and investment is increasingly, and has a profound influence on international economic and trade pattern. First, transnational corporations have become the core force in resource allocation worldwide. At present, there are 62,000 transnational corporations in the world, which not only control 13 percent of global production and 70 percent of global technology transfer, but also 23 percent of global international trade and 90 percent of foreign direct investment. Second, the international trade competition has changed from a comparative advantage to the number of transnational corporations and the ability to integrate resources in the international arena. This means that the more enterprises a country has an international competitive advantage, the more resources it can integrate with other countries in the international division of labor. Third, the pattern of international trade has shifted from inter-industry trade to intra-industry trade and intra-company trade. The main performance is that the trade of intermediate products and parts has increased in the international trade. Fourth, the industrial transfer of transnational corporations has been accelerated continuously, and the proportion of processing trade in the whole international trade has been continuously increased, which has become a growth point of foreign trade of developing countries.

The fight against trade liberalization and protectionism is intensifying, with various kinds of trade barriers emerging one after another

Driven by economic globalization, countries all over the world have more and more frequent economic exchanges, and trade liberalization has become an irreversible trend. However, as the scale of international trade continues to expand, the possibility of trade frictions will be greater. At present, the imbalance of the economic prosperity of all countries, the exclusiveness of regional trade groups and the polarization of trade distribution interests are all important reasons for the endless emergence of trade protectionism.




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