英语
中文简体It is understood that the transformation of economic structure, the rise of labor costs and the change of external demand are all the reasons for the transfer of China's exports to the upstream of the value chain. Although there are many challenges in the process of this transformation, it will further consolidate China's influence in Global trade. Enterprises participating in international trade should seize the opportunity of transformation, enhance the added value and competitiveness of products, and strive for a higher share in Global trade.
This trend in China's export trade is also evident in other major emerging markets. For example, Malaysia's important exports will gradually shift from vegetable oil and other products to industrial machinery. By 2030, industrial machinery will be the main industry driving Malaysia's export growth. Argentina's major export industry will shift from animal products to transportation equipment and industrial machinery. Vietnam and Bangladesh will gradually shift from basic commodities such as grain and sugar to refined products and commodities processed from raw materials.
This trend of export trade in emerging markets will encourage developed markets to seek growth points in higher end and more professional fields. On the other hand, in developed countries, the export growth of the UK will be more and more driven by high-tech products. In the United States, three high value-added industries, namely industrial machinery, transportation equipment and scientific instruments, will account for about half of the export growth in the decade (from 2021 to 2030).
