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Web of Proceedings - Francis Academic Press

China and Singapore Trade Index Analysis and Innovation-Driven Management

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DOI: 10.25236/icem.2019.065

Author(s)

Miaomiao Pei

Corresponding Author

Miaomiao Pei

Abstract

In this paper, the trade of general and classified industries in China and Singapore is taken as the research object, and the trade closeness and trade potential of the two countries are analyzed through the index of trade association and index of revealed competition. The results show that China and Singapore have a high index of trade integration and close trade links. The indicative competition index shows that the product mix of the two countries is complementary. Therefore, in the two countries trade innovation, it is suggested that China should vigorously develop the real economy, pay attention to technological innovation, and strive to achieve system innovation.

Keywords

Trade index analysis, Innovation-driven management