A Study on the International Competitiveness of High-tech Industries in China and the U.S.A.

Purpose - With the acceleration of scientific and technological progress and globalization, the competition in high-tech industry has become increasingly fierce, and China and the United States, as the world's two largest economies, have attracted much attention in the field of high-tech industry. This study analyzes the international competitiveness of high-tech industries targeting China and the United States. Design/Methodology/Approach - MS (Market Share) index, RSCA (Revealed Symmetric Comparative Advantage) index, and TSI (Trade Specialization Index) were calculated for nine high-tech industries in China and the United States. The analysis period was 2010, 2015, and 2020, and the analysis data used data from UN Comtrade and WDI industry statistics. Findings - The analysis shows that China has an advantage over the United States in the computer office machinery, telecommunications, electrical machinery, and chemical industries, while the United States has an advantage in the pharmaceutical, scientific instruments, non-electrical machinery, and military industries. In the aerospace industry, both the United States and China are inferior, but the United States appears to have an advantage over China. Research Implications - The competitive relationship between China and the United States in the field of high-tech industries not only affects the economies of the two countries, it also profoundly influences the world industrial structure and innovation. Therefore, an in-depth study of the international competitiveness of China and the United States in the field of high-tech industries is of great significance.