Author(s)

Lexuan Sun, Xinlu Li, Jinyu Zeng

Corresponding Author

Lexuan Sun

ABSTRACT

Under the background of international trade division, it is a difficult problem for China to improve the status of manufacturing industry. This paper analyzes the status of China's manufacturing industry in the context of international trade, and finds that the scale of China's manufacturing industry is expanding and the growth rate is declining; the industrial structure is optimized, and the technology intensive industry becomes the leading industry. At the same time, it is found that the degree of specialization of Chinese manufacturing industry in international trade is deepened, and its position in Global trade is improved. Next, it discusses the factors that influence the international status of China's manufacturing industry under the international trade. Finally, the paper makes an empirical analysis of the factors that influence the status of China's manufacturing industry in the context of international trade. Through the establishment of individual effect model and regression analysis, the Hausman test results are completed. The results show that the government creates a loose market environment, provides favorable industrial and financial policies, and promotes the export trade of China's manufacturing industry. At the same time, we also find that physical capital has a significant positive impact on the global international trade status index.

KEYWORDS

International Trade, Manufacturing, Economic Status, Promotion