Research on the Influencing Factors of China's Service Trade International Competitiveness Based on Michael Porter diamond Model

Abstract

Trade data is the most important macroscopic manifestation of a country's economic situation. Therefore, based on the Porter Diamond model, this paper makes an overall analysis of the four main factors affecting China's service trade. After a detailed analysis of its correlation coefficient, the relationship between the four factors and the competitiveness of China's service trade was discussed. Finally, after comparing the impact of China's service trade development on itself and the world, the corresponding policies and recommendations were put forward.