The Evolution Trend of China-US Economic and Trade Friction during the “14th Five-Year Plan” Period and Its Impact on China's Economy——Based on GTAP Model

Lili Zhang; Shanshan Wu; Zhifan Liu; Yan Li

doi:10.2991/978-94-6463-098-5_102

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The Evolution Trend of China-US Economic and Trade Friction during the “14th Five-Year Plan” Period and Its Impact on China's Economy——Based on GTAP Model

Authors

Lili Zhang¹^{, *}, Shanshan Wu¹, Zhifan Liu², Yan Li²

¹State Grid Energy Research Institute Co., Ltd, Changping, Beijing, China

²Economic and Technology Research Institute, State Grid Shandong Electric Power Company,, Jinan, China

^*Corresponding author. Email: zhanglili@amss.ac.cn

Corresponding Author

Lili Zhang

Available Online 27 December 2022.

DOI: 10.2991/978-94-6463-098-5_102 How to use a DOI?
Keywords: China-US economic and trade friction; Tariff barriers; Economic growth; Structural adjustment; Dynamic GTAP model
Abstract: This paper analyzes the evolution trend of China-US economic and trade frictions during the "14th Five-Year Plan" period. Based on this, two scenarios of China-US economic and trade frictions are set up. The dynamic GTAP model is used to estimate the impact of China-US economic and trade frictions on the Chinese economy and major industries during the "14th Five-Year Plan" period under different scenarios. The results show that the negative impact of China-US economic and trade frictions has diminished marginally during the "14th Five-Year Plan" period. For industries, the negative impact of China-US economic and trade frictions on China is mainly concentrated in the secondary industry. For sub-sectors, electronic equipment manufacturing industry, transportation equipment manufacturing industry, and metal products industry are greatly affected.
Copyright: © 2023 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
Series: Advances in Economics, Business and Management Research
Publication Date: 27 December 2022
ISBN: 10.2991/978-94-6463-098-5_102
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-098-5_102 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Lili Zhang
AU  - Shanshan Wu
AU  - Zhifan Liu
AU  - Yan Li
PY  - 2022
DA  - 2022/12/27
TI  - The Evolution Trend of China-US Economic and Trade Friction during the “14th Five-Year Plan” Period and Its Impact on China's Economy——Based on GTAP Model
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 891
EP  - 898
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_102
DO  - 10.2991/978-94-6463-098-5_102
ID  - Zhang2022
ER  -

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