Dynamic analysis of the relation between industrial technology and foreign trade of China’s wooden furniture

Abstract

China has emerged as the number one furniture exporter globally, and its furniture industry witnesses great development in both quality and quantity. By analyzing the relation between the furniture export and technology of furniture industry, the paper aims at exploring the dynamic path of technology and trade during the development of China’s wooden furniture manufacturers. In this study, the dynamic model of technology and foreign trade is established to explore the interaction between technology and trade and dynamic development path. On the basis of theoretical model, this paper carries out empirical analysis on the data of wooden furniture enterprise, and positions the development stage of China’s wooden furniture industry. The author holds the opinion that lack of technological innovation is the bottleneck for the coordinated development of China’s wooden furniture industry. Key words: Wooden furniture industry, technology, foreign trade, dynamic relations.