China's foreign trade development stimulates European and American enterprises innovation
10:25, April 19, 2021 Source: "China Social Sciences", April 19, 2021, Issue 2149, Issue 2149

This newspaper comprehensive foreign media reported that the official website of Stanford University in the United States recently issued a document,The active Chinese on the world economic stage has stimulated the innovative capabilities and overall economic growth of the United States and Europe。

The school's economist Nicholas Bloom and the bet365 live casino games research team and the research team have analyzed the data of hundreds of thousands of European companies in the 5 years before and after the joining the WTO,It is found that many European companies are in response to international competition,Added investment for developing new products and services,To achieve development in competition。Companies affected by China exports have obtained more patents,I launched more new products,The overall productivity is also improved。

but,The income obtained by European and American countries from the development bet365 Play online games of China is not balanced。Bloom analyzed the impact of trade on China on employment in the United States in a previous study,It is found that the in -western and southern manufacturing positions in the United States are severely impacted,and the manufacturing industry in coastal cities is less unemployed,At the same time, the service industry position increases,Further prosperous development in coastal areas。So,Benefits or not to a large extent related to the education and skill level of a region。Regions with more graduates in colleges and universities,Bet365 lotto review It is easier to adapt to competition,And can reduce expenses by outsourcing from China outsourcing。So,Most companies in Silicon Valley benefit from the development of manufacturing production in China。

Bloom said,The short -term interests of trade and long -term interests will inevitably have conflicts,But in the long run,More trade exchanges will promote innovation,Help your own progress。Asian countries have been promoting global economic growth for many years,provided huge export markets for the United States and other countries,Bet365 lotto review Fressing China means rejecting this growth,It will damage your own interests。(Wang Xiaozhen/Compilation)

Editor in charge: Cui Cen
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