Promotive Effect of Port Trade on the International Economy Considering the Effect of Industrial Clusters

Abstract

Cheng, B., 2020. Promotive effect of port trade on the international economy considering the effect of industrial clusters. In: Gong, D.; Zhang, M., and Liu, R. (eds.), Advances in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 106, pp. 221–224. Coconut Creek (Florida), ISSN 0749-0208.China's foreign trade mainly relies on marine transportation, and the port trade develops rapidly and synchronously with the economy. With the continuous increase of the number of port-based enterprises, the effect of industrial clusters of port enterprises is becoming increasingly obvious, and its promotive effect on the international trade is getting stronger. With Shanghai Port as an example and taking the effect of industrial clusters into consideration, this paper explores the promotive effect of port trade on the international economy and conducts related analysis. The research results show that with the progress of foreign trade, industries that are closely related to port industrial clusters are also developing continuously. The economic effects of port industrial clusters are divided into two aspects: the micro-aspect and the macro-aspect. As an example, the industrial cluster effect of the Yangtze River Delta Region and the industrial clusters of port-based enterprises would enhance the promotive effect of Shanghai Port on the international economy. The study in this paper aims to provide a theoretical basis for promoting the effect of port industrial clusters.