Research on the Transformation of China’s Services Trade Development Mode Based on Export Value Added

Abstract

The development in the trade in services sector is an important way to achieve the transformation of foreign trade development mode of China. However, with the rapid growth of the total value of China's service trade, the export structure has been gradually optimized. The absolute value added of exports has increased rapidly and performed well in countries along the “One Belt And One Road” still, it is highly dependent on a few developed countries and low-technology industries. In particular, the value added rate has been at a low level for a long time, and the development mode of service trade urgently needs to be changed. Therefore, based on the identities of export value added, the marginal Contribution of each index to the Change of value added is measured by the decomposition of Shapley value. The results show that per Capita GDP is the main driving factor for the Change of value added and is relatively stable, but it has been surpassed by the services employment-population after the year of 2013; the Contribution of the national economies technology density and the technical strength of the export sector to the added value of service exports is slight and unstable, and there is a strong negative correlation between them. Therefore, increasing the export of services to the countries along the “Belt and Road”, enhancing the domestic business environment, and improving the quality of the employment-population in the service industry will help accelerate the transformation of China's service trade development mode.