Opportunities and Challenges for the Development of Emerging Industries under the Perspective of China-U.S. Trade Friction

Rui Min

doi:10.54097/ar54an71

Authors

Rui Min

DOI:

https://doi.org/10.54097/ar54an71

Keywords:

China-U.S. trade, trade friction, emerging industries, sustainable development.

Abstract

The trade friction between China and the United States is not only a game of tariffs and trade policies but also profoundly affects the technology, capital, and market flow pattern of global emerging industries. Against the backdrop of the US-China trade friction, this study systematically comprehends the dynamic evolution process of emerging industry development and deeply explores the opportunities and challenges faced by emerging industries under external pressure. The impact mechanism and response path of trade friction are discussed from the dimensions of technological innovation, market layout, and policy response. By summarizing the relevant studies at home and abroad, this article reveals the adaptive transformation characteristics of emerging industries under external shocks and puts forward strategies and suggestions to promote the sustainable development of emerging industries. The study shows that trade friction has reshaped the global pattern of emerging industries to a certain extent, emphasizing the importance of the synergistic development of independent innovation and globalization. This article aims to provide new academic perspectives for China to realize the sustainable development path of emerging industries under the complex situation of trade friction, and at the same time to provide theoretical guidance and practical reference for policy makers and enterprise managers.

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