COMPARATIVE ADVANTAGE ANALYSIS OF CHINA’S AGRICULTURAL PRODUCTS EXPORT

With the progress of science and technology, the global economy has gradually shown a trend of integration. Through the last 50 years China has maintained a relatively rapid economic development rate. It is actively participating in the global economic and trade exchange and occupies a pivotal position. In all countries, foreign trade is indispensable in their economies. China also has a long history of agricultural development. The national Chinese economy has moved from the capital intensive and heavy industry-oriented development strategy towards labor-intensive products and was guided by the comparative advantage development strategy. This transformation enabled China to better use of their comparative advantage, and greatly stimulated during the past 30 years of trade and economic growth which helped to achieve remarkable economic development. Main purpose of the article is to reconsider the position and perspectives of China in the global trade of agricultural products, specify industries with the strongest revealed comparative advantage for different agriproducts, outline major strategies for agricultural exportation growth. However, from the perspective of the generation mechanism of the comparative advantage trap, it is still of great significance for China to export labor-intensive products utilizing their comparative advantage. Therefore, on the one hand, China should continue to strengthen the existing comparative advantage; on the other hand, there is a necessity to speed up the introduction of new comparative advantage, so as to relocate the country's potential quickly from comparative advantage to competitive advantage. The results show that the overall export competitiveness of China's agricultural products is relatively weak and still needs to be further improved. China should adopt measures such as adjusting the structure of the agricultural industry, increasing the added value of agricultural products, enhancing brand effects, and actively developing emerging markets to further enhance the export competitiveness of China's agricultural products.