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Foreign Trade Development of China’s Industrial Sector and Its International Competitiveness

In: Study on China’s Industrial Competitiveness

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  • Yanyun Zhao

    (Renmin University of China)

Abstract

With the continuous expansion of opening up, China’s economy has maintained rapid growth, and foreign trade has made great progress both in terms of scale and structure. Especially after China’s accession to the WTO, the adjustment of the global economic structure and the opportunity of international industry transfer have made China’s foreign trade growth rate increase rapidly in recent years, maintaining over 20% rapid growth for three consecutive years. However, it is undeniable that compared with developed countries, China’s overall level of foreign trade is not high, and the trade structure is still relatively backward. Therefore, it is of great significance to systematically grasp China’s foreign trade and understand the competitiveness of China’s industrial industries in order to formulate foreign trade development strategies and policies and improve the international competitiveness of foreign trade.

Suggested Citation

  • Yanyun Zhao, 2023. "Foreign Trade Development of China’s Industrial Sector and Its International Competitiveness," Springer Books, in: Study on China’s Industrial Competitiveness, chapter 0, pages 131-142, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-9845-4_9
    DOI: 10.1007/978-981-19-9845-4_9
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