Analysis of China’s Service Trade Competitiveness under the “Belt and Road” Initiative

Abstract

The purpose of the research work is to promote the competitiveness of China's service trade. This paper selects the import and export data of China's service trade from 2013 to 2017, and analyzes the changes in China's service trade competitiveness through the international market share index, comparable net export index and display comparative advantage index. Through the analysis of these three indexes, it is found that although China's service trade competition is still weak, China's service trade competitiveness is gradually increasing. Based on the current competitiveness of China’s service trade, it finally expounds on the measures to improve the competitiveness of service trade under the “Belt and Road” initiative. Keywords—"One Belt; One Road"; Service trade; competitiveness; international market share; comparable net export index; Display comparative advantage index