The Impact of Sino-U. S Trade Friction on the Export of Communication Equipment Manufacturing Industry

In the context of global economic integration, Sino-U.S. trade friction has profoundly impacted the global trade pattern. Based on the communication equipment industry trade data released by UN Comtrade, this paper empirically analyzes the impact of Sino-U.S. trade friction on China's communication equipment industry and its future trends. It was found that Sino-U.S. trade friction has significantly slowed down the growth of China's world exports of communication equipment products, and exports to the United States have shown a downward trend. The Sino-U.S. trade friction has impacted China’s telecommunications equipment industry, yet it has also presented certain opportunities. Based on the analysis, the following recommendations are proposed: China and the United States should actively engage in peaceful negotiations to jointly foster a favorable international trade environment. The telecommunications equipment industry should expedite industrial upgrading and restructuring to achieve autonomy in high-end technologies. China should accelerate the development of a digital economy to enhance its international competitiveness.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2024-08-08
DOI
https://doi.org/10.54097/y6t3d228
Primary Topic
Global trade and economics
Type
article
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article

The Impact of Sino-U. S Trade Friction on the Export of Communication Equipment Manufacturing Industry

Yingjian Yin
Highlights in Business Economics and Management
Global trade and economics
article

The Impact of Sino-U. S Trade Friction on the Export of Communication Equipment Manufacturing Industry

Yingjian Yin
article en

Abstract

In the context of global economic integration, Sino-U.S. trade friction has profoundly impacted the global trade pattern. Based on the communication equipment industry trade data released by UN Comtrade, this paper empirically analyzes the impact of Sino-U.S. trade friction on China's communication equipment industry and its future trends. It was found that Sino-U.S. trade friction has significantly slowed down the growth of China's world exports of communication equipment products, and exports to the United States have shown a downward trend. The Sino-U.S. trade friction has impacted China’s telecommunications equipment industry, yet it has also presented certain opportunities. Based on the analysis, the following recommendations are proposed: China and the United States should actively engage in peaceful negotiations to jointly foster a favorable international trade environment. The telecommunications equipment industry should expedite industrial upgrading and restructuring to achieve autonomy in high-end technologies. China should accelerate the development of a digital economy to enhance its international competitiveness.

Highlights in Business Economics and ManagementVol. 39
Hong Kong Polytechnic University (HK)
Partnerships for the goals
Openalex Percentile: Top 76%
Global trade and economics
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The Impact of Sino-U. S Trade Friction on the Export of Communication Equipment Manufacturing Industry — Yingjian Yin · Highlights in Business Economics and Management (2024) | TGRS Research Map | TGRS