Research on the Trade Structure Between China and the United States under the Background of Globalization

This article explores the changing trends and influencing factors of the trade structure between China and the United States in the context of globalization. With the advancement of economic globalization, the trade relationship between China and the United States has rapidly developed, but it also faces challenges such as imbalance and trade frictions. This article uses the Revealed Comparative Advantage Index (RCA) and Trade Complementarity Index (TCI) to analyze the trade data between China, the United States, and the world from 2009 to 2023, quantifying the comparative advantages and complementarity of the two countries in different commodities. Research has found that China has significant comparative advantages in labor-intensive and technology-intensive products. In contrast, the United States is very competitive in primary products and some capital-intensive products. There is significant trade complementarity between the two countries in multiple commodity categories. Finally, in the context of globalization, countermeasures and suggestions for optimizing and enhancing Sino-US trade were proposed from the perspectives of deepening global value chain cooperation, optimizing trade structure, and expanding diversified markets.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2025-03-13
DOI
https://doi.org/10.54097/s39svb19
Primary Topic
Global Political and Economic Relations
Type
article
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article

Research on the Trade Structure Between China and the United States under the Background of Globalization

Jiarui Zou
Highlights in Business Economics and Management
Global Political and Economic Relations
article

Research on the Trade Structure Between China and the United States under the Background of Globalization

Jiarui Zou
article en

Abstract

This article explores the changing trends and influencing factors of the trade structure between China and the United States in the context of globalization. With the advancement of economic globalization, the trade relationship between China and the United States has rapidly developed, but it also faces challenges such as imbalance and trade frictions. This article uses the Revealed Comparative Advantage Index (RCA) and Trade Complementarity Index (TCI) to analyze the trade data between China, the United States, and the world from 2009 to 2023, quantifying the comparative advantages and complementarity of the two countries in different commodities. Research has found that China has significant comparative advantages in labor-intensive and technology-intensive products. In contrast, the United States is very competitive in primary products and some capital-intensive products. There is significant trade complementarity between the two countries in multiple commodity categories. Finally, in the context of globalization, countermeasures and suggestions for optimizing and enhancing Sino-US trade were proposed from the perspectives of deepening global value chain cooperation, optimizing trade structure, and expanding diversified markets.

Highlights in Business Economics and ManagementVol. 50
University of Shanghai for Science and Technology (CN)
Openalex Percentile: Top 91%
Global Political and Economic Relations
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Research on the Trade Structure Between China and the United States under the Background of Globalization — Jiarui Zou · Highlights in Business Economics and Management (2025) | TGRS Research Map | TGRS