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International Competitiveness of China's High-tech Products

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DOI: 10.23977/jfsst.2021.010311 | Downloads: 17 | Views: 334

Author(s)

Li Rui 1

Affiliation(s)

1 Zhejiang Yuexiu University, Shaoxingzhejiang , 312000, China

Corresponding Author

Li Rui

ABSTRACT

In recent years, the promotion of high-tech products development aroused the fast growth of our country economy. This is related to China has always paid attention to the development of science and technology and the cultivation of talents. The occurrence of trade disputes between China and the United States has changed the international trade, to a certain extent. As an important factor affecting China's economic development, high-tech products needs a more comprehensive objective concept in the evaluation process. The essay explore the international competitiveness of high-tech products based on the revealed comparative advantage index, from two angles, one of which is normalized trade balance (NTB) and the other is commodity structure convertible rate. Porter Diamond Model is used to analyze the the main cause of low competitiveness and find a solution. It aims to enhance the international competitiveness of China's high-tech products.

KEYWORDS

High-tech product, International competitiveness, Porter diamond model

CITE THIS PAPER

Li Rui. International Competitiveness of China's High-tech Products. Journal of Frontiers of Society, Science and Technology (2021) 1: 46-52 DOI: http://dx.doi.org/10.23977/jfsst.2021.010311

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