China’s Service Trade Development and Policy Implications for Korea: Focused on Major Industrial and Regional Analysis
Lee, Sanghun | November 2018
Abstract
China’s service trade volume was estimated to reach $657.1 billion in 2016 and exceed $1 trillion in 2020. Among Korean exports to the mass market, the share of service exports is growing from 9.7% (2011) to 14.5% (2016), and China has emerged as Korea's largest service market and largest service trade surplus country since 2013. The fact that China's service trade and Korea`s exports of services to China are both expanding rapidly points toward an opportunity to increase the role of Korea’s services trade with China in the future.
This study seeks to explore new export engines that can boost trade in the services sector. To this end, the study examines ways to boost services trade with China based on an analysis of industries and regions with good prospects.
Citation
Lee, Sanghun. 2018. China’s Service Trade Development and Policy Implications for Korea: Focused on Major Industrial and Regional Analysis. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/9412.ISSN
2233-9140
Keywords
Regionalism
Regional Economy
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Regional Cooperation
Interregional Cooperation
Trade Disputes
Trade Barriers
Free Trade
Trade
Trade Agreements
Intraregional Trade
Government Policy
Regional Organization
Regional Plans
Economic integration
Regional Development Bank
Preferential tariffs
International negotiation
Protectionist measures
Access to markets
Economic agreements
International trade law
Regional integration
Trade relations
Exports
Economic integration
Distribution
Economic integration
Development Bank
Trade policy
Regional economics
Regional planning
Regional disparities
Interregionalism
Regional economic disparities
Regional economic blocs
Industrial arbitration
Euro
Inflation
Business
Finance
Free trade
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Citable URI
http://hdl.handle.net/11540/9412Metadata
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