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Study And Policy Suggestions On International Competitive Advantage Of Manufacturing Industry Among China, United States, Japan, And Germany, Xin Guo, Jingjing Zhang, Kangwei Chi, Jingjing Guo Aug 2023

Study And Policy Suggestions On International Competitive Advantage Of Manufacturing Industry Among China, United States, Japan, And Germany, Xin Guo, Jingjing Zhang, Kangwei Chi, Jingjing Guo

Bulletin of Chinese Academy of Sciences (Chinese Version)

Strengthening the competitive advantage of manufacturing and promoting its high-quality development are the key points to build a modern industrial system. This study uses international market share (MS), revealed comparative advantage (RCA), trade competition index (TCI), and price index (PI) from 2005 to 2020 to analyze the evolution of manufacturing competitive advantage and its main sources in major countries. The main findings are as follows. China's labor-intensive industries maintain a strong international competitive advantage, and the international competitive advantage of some capital and technology-intensive industries is increasing. The capital and technology intensive industries in Germany, Japan, and United States have …