The Transformation Of China’s Foreign Trade Development In The New Period

Facing the risks, it will be reborn via transformation. This is a sentence frequently been used to describe the current situation of Chinese economy. Since the reform and opening up, China’s open economy has attained great achievements and her foreign trade developed rapidly, which has greatly improved its international status and enhanced its global influence, as well as making great contributions to world economic development. With the increasingly deepening of globalization, international economic exchanges have grown more and more closely. Foreign trade is displaying its importance to the economic development. Meanwhile, it is also becoming more and more vulnerable to the external environment. The international financial crisis broke out in2008has led to a worldwide recession, and its huge influences are far beyond people’s expectations. At present, although the economy stabilizes and recovers globally, but the recovery is weak and the world situation remains complex. There are also various risks and the economic downward pressure is also huge. External demand has not yet been fundamentally improved and trade frictions have increased. Domestically, the problem of structural contradiction, excess capacity and the growth of low quality are quite serious. After the outbreak of the financial crisis, the world economy is entering a great adjustment period.Facing the superposition of multiple influences both at home and abroad, China’s foreign trade are apparently impacted by the international financial crisis, however, in fact it is the mode of foreign trade development that is impacted by the crisis in essence. Thus, the transformation of foreign trade development has become an outstanding problem in the new period of development of our country’s foreign trade, and solving this problem has also turned into an inevitable requirement of carrying out scientific development outlook under the new situation and realizing sustainable development of foreign trade in the country.Based on the Marx’s theory of foreign trade, this paper has analyzed both the western modern international trade theory and the exploration and development of Chinese characteristic foreign trade theory. On the basis of the theory sources, this paper studies the evolution of China’s foreign trade system, development practice as well as existing problems. Whereafter, it expounds the necessity and the significance of transformation of China’s foreign trade development in the new period and analyses the opportunities and challenges that China is facing in the current transformation of its foreign trade development. In exploring how to transform China’s foreign trade, this paper systematically analyzes foreign trade development modes in today’s world major trading powers, such as the United States and Japan. Finally, combined with the current development of our country, this paper further proposed the basic ideas of transformation of China’s foreign trade development in the new period on the basis of learning from world major trade powers’development models, and it also tries to explore a path which is closer to reality and more scientific and feasible, the route of transfer of china from the big trading nation to the powerful trading nation.