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Export Promotion Policies and Economic Development of China

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  • Jai S. Mah

Abstract

The government of China has tried to promote exports by various means including the establishment of Special Economic Zones, tax and financial benefits, duty drawback, export insurances, and exchange rate management. Of particular interest is that exports by foreign invested enterprises have increased substantially since the 1990s and have significantly contributed to the rapid economic growth. As China became a Member of the WTO, China has recently tried to make its export promotion policies consistent with the WTO regulations. The export promotion measures permitted in the WTO system such as the duty drawback and export insurance schemes may show resource allocational inefficiencies. It would be necessary for the Chinese government to maintain efficiently run export-promoting systems.

Suggested Citation

  • Jai S. Mah, 2007. "Export Promotion Policies and Economic Development of China," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 10(1), pages 23-38, March.
  • Handle: RePEc:sae:intare:v:10:y:2007:i:1:p:23-38
    DOI: 10.1177/223386590701000102
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    References listed on IDEAS

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    Cited by:

    1. Jiayi Huang & Miguel D. Ramirez, 2016. "Do Exports lead Economic Output in Five Asian Countries? A Cointegration and Granger Causality Analysis," Business and Economic Research, Macrothink Institute, vol. 6(2), pages 30-50, December.
    2. Apanisile Olumuyiwa Tolulope & Okunlola Charles Olalekan, 2017. "Growth Effect of Export Promotion on Non-oil Output in Sub-Saharan Africa (1970–2014)," Emerging Economy Studies, International Management Institute, vol. 3(2), pages 139-155, November.

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