Finance & Economics of Xinjiang ›› 2021, Issue (4): 27-37.doi: 10.16716/j.cnki.65-1030/f.2021.04.003

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A Study of Relationship between Manufacturing Service and Foreign Trade:A Literature Review

Sheng Xinyu1, Xu Xiaojun2   

  1. 1. Liaoning University,Liaoning Shenyang 110036,China;
    2. Shenyang University of Technology,Liaoning Liaoyang 111003,China
  • Received:2021-03-08 Online:2021-08-25 Published:2021-08-17

Abstract: The researches on the relationship between servitization in manufacturing and foreign trade progressed smoothly and made evident progress. It is of great theoretical significance to further researches that grasp the connotation and quantitative method of servitization in manufacturing and understand the important viewpoints of the typical literature. This paper reviews the typical literature of servitization in manufacturing and foreign trade and finds that scholars had given the definition of servitization in manufacturing based on product perspective, business perspective and input-output perspective, and provided the quantitative method. The conclusion of the typical literature is that there is an inevitable relationship between servitization and foreign trade, servitization in manufacturing can promote export expansion and competitiveness and improve the division of labor behavior in global value chain, but the influence of servitization is in the characteristic of heterogeneity. Service imports especially producer service imports is the power that can promote servitization in manufacturing. For further study, we can do much more on the topic of servitization and high quality development of China's foreign trade,research on the threshold of servitization's influence and the impact of advantages of tangible and intangible elements from service imports on servitization in manufacturing.

Key words: Servitization in Manufacturing, Foreign Trade, Import Trade, Export Trade, High Quality Development, Quantitative Method, Typical Literature

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