Research Article
The Impact of Sino-Us Trade War on China's High-Tech Industry
@INPROCEEDINGS{10.4108/eai.9-12-2022.2327673, author={Yimin Zhou and Xinyan Zhao and Xinrui Pan and Jiazheng Qian}, title={The Impact of Sino-Us Trade War on China's High-Tech Industry}, proceedings={Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2023}, month={3}, keywords={high and new technology industry; coping strategy; sino-us}, doi={10.4108/eai.9-12-2022.2327673} }- Yimin Zhou
Xinyan Zhao
Xinrui Pan
Jiazheng Qian
Year: 2023
The Impact of Sino-Us Trade War on China's High-Tech Industry
MSIEID
EAI
DOI: 10.4108/eai.9-12-2022.2327673
Abstract
The outbreak of Sino-US trade war broke the original operation mode of international trade market, making the already tense international trade form more severe. Affected by this, the trade direction and trade mode of China's high-tech industry are quietly changing. After collecting and sorting out relevant materials, this paper mainly analyzed the causes of the Sino-US trade war, including the serious trade deficit between China and the US, the threat of the rapid development of China's economy to the HEGEMONY of the US and the development of China's high-tech industry. And we analyzed the impact of the trade war on China's high-tech industry. Based on the difficulties faced by the high-tech industry, we propose to improve the ability of core technology innovation and achievement transformation; vigorously develop new infrastructure construction; enhance the flexible upgrade of high-tech products export supply chain and establish a positive circular penetration system for high-tech product and service exports as a response strategy.