Analysis of the Impact of International Logistics Cost on International Trade Based on Feature Extraction

  • Li Sha, Tan Lin, Zhang Ailing
Keywords: International trade, International logistics, Feature extraction, Logistics separation

Abstract

The acceleration of economic globalization promotes the further development of China's international trade, which in turn promotes international logistics. In international trade, international logistics cost accounts for a large proportion. The high logistics cost seriously hinders the development of international trade. Based on feature extraction technology, this paper studies the development of international trade through the control of logistics cost. The research shows that: our country's industrial products from the production through loading and unloading, inventory, transportation and other logistics links, and finally circulation to the hands of consumers, the cost of circulation accounts for about 50% of the commodity price. The results of feature extraction show that transportation and storage are the two most influential factors. The circulation cost of agricultural products is higher, accounting for 70% of the commodity price. In developed countries, the proportion is only 8%. The separation of international trade logistics not only improves the efficiency of the logistics system, but also reduces the logistics cost and promotes the further development of modern logistics. Therefore, only by strictly controlling the cost of international logistics can we develop international trade better and improve the efficiency of international trade.
Published
2021-04-18
How to Cite
Li Sha, Tan Lin, Zhang Ailing. (2021). Analysis of the Impact of International Logistics Cost on International Trade Based on Feature Extraction. Design Engineering, 2021(3), 398-409. Retrieved from http://thedesignengineering.com/index.php/DE/article/view/1273
Section
Articles