Research on the Competitiveness of Shandong s Service Trade under the Background of ‘one Belt and One Road’

With the deepening of the One Belt And One Road initiative and the China-south Korea and China-Australia free trade agreement signed in 2015, the development of service trade in Shandong province also ushered in new opportunities. Based on the data of service trade in Shandong province in recent years, based on the MS (international market share), TC (trade specialization index), RCA (revealed comparative advantage index), in the area and the background of the FTA to the competitiveness of service trade situation in Shandong province, the results show that the Shandong province service trade import and export has been in a deficit state and service of industrial structure is not reasonable, emerging service trade still need further development, at the same time, trade in services international competitiveness in Shandong province is slightly lower than the average level, the level of regional cooperation also needs to be deepened. Based on the above research results, this paper proposes a series of countermeasures to improve the international competitiveness of service trade in Shandong province. This study is helpful to understand the competitiveness of service trade in Shandong province, and has certain reference significance for relevant departments to formulate relevant policies.