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Web of Proceedings - Francis Academic Press

Research on the Influencing Factors of Sino-US Trade

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DOI: 10.25236/icemudss.2023.029

Author(s)

Shengnan Zhu

Corresponding Author

Shengnan Zhu

Abstract

As China and the United States enter a new era, Sino-U.S. economic and trade have entered a stage of high-quality development. Focusing on the economic and trade philosophy of adhering to win-win cooperation, it is necessary to propose economic and trade propositions that better meet the development needs of both parties. Based on the dynamic evolution of Sino-US economics and marketing, following the internal logic of historical review and current situation analysis, challenges and risks, and strategies, a theoretical analysis framework for Sino-US economics and business is constructed. It can explain the mechanism jointly generated by economic and trade mechanisms involving factors such as intellectual property protection and technological innovation, post-epidemic economic recovery and consumer demand, international politics and geostrategy, and cyclical ways such as trade frictions, trade disputes, and trade cold wars. From the perspective of the changes and practical interpretation of economic and trade development under the challenge of technological innovation, we continue to explore the possibility of moving towards high-quality development goals. Economic and trade development aims to provide both parties with financial benefits that meet expected standards and is committed to continuously improving the quality of trade and increasing user satisfaction. To this end, we must take measures such as strengthening economic and trade controls based on two-way openness, building a mechanism for multilateral consultation and governance innovation, and establishing a mutually beneficial and win-win evaluation system to achieve high-quality economic and trade development, boosting Sino-US relations, and truly satisfy both parties.

Keywords

Sino-US economy and trade; High-quality development; Influencing factors; Coping strategies