The Role of High-end Manufacturing in Sino US Trade Friction

Abstract

Since the end of 2017, the US China policy has undergone major changes, and trade friction and technological competition have gradually become the focus of bilateral relations. China strives to strengthen its independent innovation capability, master key core technologies, and become an innovative country. The United States suppressed China on the grounds that "China forces us enterprises to transfer technology and steals US intellectual property rights.". Advanced technology has become the main stage of competition and contest between China and the United States. And high-end manufacturing enterprises play an extremely important role. From the perspective of the economic development of China and the United States, this paper looks for the causes of Sino US trade frictions and the underlying internal logic. Finally, from the perspective of high-end manufacturing development, the paper analyzes the advantages and possible problems of the development of China and the United States.