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How to Improve China's International Trade?
How to Improve China¡¯s International Trade?
Since the open-door policy and the economic reform in 1979, China¡¯s economy has been developing rapidly. And the international trade also comes to a new era.
In 1978, the total value of foreign trade of China is about $20.6 billion, about $ 70 billion in 1985, $280.9 billion in 1995,and $509.8 billion in 2001. According to the latest data, from January to August of 2003, China¡¯s import and comport value is even up to the historic $522.72 billion. It is said that in America every American has one commodity with him/her made in China, and in the world every person has a pair of shoes, 3 items of clothing made in China. China has already ranked the sixth largest country in international trade.
As the year comes to 2003, after the ¡°9¡¤11¡±event and the Iraq war, the world economy is continuing to slow down. The recession risk of world economy is evidently increasing. Hence China¡¯s international trade is facing even more difficulties. The main disadvantageous factors are as follows:
1. As China joined the WTO, China will be facing a totally new trade environment.
The unfitness of China¡¯s trade system will be the key factor affecting the increase of China¡¯s for
Approximate Word count = 808
Approximate Pages = 3 (250 words per page double spaced)
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