Innovation Economics and Management Research (IEMR)

Publisher:ISCCAC

Research on the Competitiveness and Complementarity of High-tech Industries Trade Between China and CPTPP Countries
Authors

Suping Zhao

Corresponding Author

Suping Zhao

Publishing Date

05 December 2023

Keywords

High-tech industries, CPTPP, Competitiveness, Complementarity.

Abstract

This paper analyzes the competitiveness and complementarity of China's trade in high-tech industries with CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) countries using the Index of Displayed Comparative Advantage, the Export Similarity Index and the Trade Complementarity Index. The results show that: compared to CPTPP countries, China's high-tech industries are at a competitive advantage, especially in the industries of aerospace equipment, electronic communication equipment and computer office equipment; the degree of bilateral competition is generally mild, although the information chemicals industry is more intense; export complementarity is very significant, especially in the industries of information chemicals, computer office equipment and electronic communication equipment, etc. Therefore, China should, based on differentiated characteristics, vigorously expand the market space of advantageous industries, enhance the international competitiveness of disadvantaged industries, and consolidate the level of cooperation in complementary industries in order to cope with the market impact and cooperation opportunities that may be brought about by joining the CPTPP.

Copyright

© 2023, the Authors. Published by ISCCAC

Open Access

This is an open access article distributed under the CC BY-NC license