The Empirical Analysis of High-tech Trade Imbalance Between China and the US

The United States, as a leader in technology industry, has been in a deficit position for a long time in the high-tech trade between China and the United States, which has been increasing year by year. This is obviously contrary to traditional international trade theory and the comparative advantages of the two countries. Based on the US policy restrictions on China ‘s high-tech product exports, the enhancement of China ‘s independent innovation capabilities, and international direct investment in China, this article conducts an empirical analysis to explore the reasons for the China-US high-tech trade imbalance and then gives corresponding policy recommendations.