Research on the Development of China's High-tech Industry under the Background of Sino-U.S. Trade War

Abstract

High-tech industry has always occupied an important position in many industries in China. Since the reform and opening up, China's high and new industries have been developing at a rapid pace. However, since the beginning of 2018, there has been a trade war between China and the United States. In the new international situation, China's high-tech industry is facing huge opportunities and challenges, so it is particularly important to study the competitiveness of China's high-tech industry. Through literature analysis, based on micro and macro perspectives, this paper compares the situation of China and the United States in Sino-U.S. trade, and analyzes the Sino-U.S. trade frictions in recent years and the contest between the two countries' national core competitiveness. The focus of this paper is to study how the survival and development of China's high-tech industries are affected under the background of Sino-U.S. trade war.