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Research on the Influence Factors of China's New Energy Vehicle Exports to the US under the Background of China-US Trade Friction

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DOI: 10.23977/msom.2022.030301 | Downloads: 328 | Views: 2321

Author(s)

Yumei Yang 1

Affiliation(s)

1 Xi'an Polytechnic University, Xi'an, Shaanxi, 710600, China

Corresponding Author

Yumei Yang

ABSTRACT

In recent years, the trade friction between China and the United States continues to rise, which has had a significant impact on the economic and trade relations between China and the United States. In the face of the increasing trend of trade friction between China and the United States, China's new energy vehicle exports to the United States showed obvious fluctuations and decline in 2019. In order to promote the healthy development of China's new energy vehicle export trade to the United States, it is of practical significance to study the influencing factors of China's new energy vehicle export to the United States under the background of Sino-US trade friction. By collecting the latest export trade data for empirical analysis, this paper finds that U.S. GDP, RMB exchange rate median price and export tax rebate policy have a significant positive impact on China's new energy vehicle exports to the U.S., among which U.S. GDP has the greatest impact, RMB exchange rate median price is second and export tax rebate policy has the least impact; Technical barriers will force China's new energy vehicle enterprises to strengthen technological innovation, which has a certain promotion effect on exports, but this effect is not significant.

KEYWORDS

Sino-US Trade Friction, New Energy Vehicles, Export Trade

CITE THIS PAPER

Yumei Yang, Research on the Influence Factors of China's New Energy Vehicle Exports to the US under the Background of China-US Trade Friction. Manufacturing and Service Operations Management (2022) Vol. 3: 1-11. DOI: http://dx.doi.org/10.23977/msom.2022.030301.

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