Research On The Adjustment And Transformation Of China's Foreign Trade Policy From The Prospective Of New Political Economics Theory

China's long-term trade boom is not only an economic miracle, but also a political miracle. Compared with other big countries, there is a special character about China that local government, central government, industrial management government and state-owned enterprises have involved in economic activities so deeply. Therrfore, any research about China's economy cannot succeed without thorough understanding about political operation and political-economic relation which is the same about foreign trade research.Nowadays, China faces a complicated political and economic situation. China not only faces with international problems such as global adjustment of trade policy, democracy turbulence, rising of trade protectism, but also faces with internal problems like economic interest transformation, fierce dice game between central government and local government and speeding up of government reforms. There are encouraging information such as China becoming the second largest economy in the world after surpassing Japan, there are eager voices about adjustment of China's foreign trade and passing over the river of political transformation (Wei Sen,2010)Facing with complicated situation, the adjustment of foreign trade policy becomes one inevitable trend. After chosing the research topic, finding a good angle becomes a key factor to gain success. This paper's research is based on new political economics theory and behavioral economics, aims to think about foreign trade policy's various aspests, find common objective laws and set a guiding structure for China's foreign trade policy.In addition to the first chapter (Intreduction), the second chapter (Document Sunmary) and the eight chapter (Conclusion), all the other five chapters are major contents of this paper. In chapter three, after introduction of fiscal decentralization and local government's competition, basing on 1985-2008 data, to find out important relations between China's export growth and political system. One conclusion of this chapter is that the Chinese-style fiscal decentralization has become one origin of trade increases and trade surplus. We are not able to resolve trade balance problem by ignoring local government's reform.In fourth chapter, basing on PFS model, POS model and PFSL model and considering China's central managing economic order and democratic centralism, we make a PFSLC model to inspect the decision-making mechanism of China's trade protection policy. Then, with the 1992-2004 industrial panel data, we carry out an empirical test on PFLSC model.This research indicates that endogenous trade policy theory works in China. Though always being ignored, domestic political factors really influence trade policy judgement.Inheriting fourth chapter's research, we investigate and discuss game result between different type of countries in the fifth chapter. On different assumption of first-activing country, the calculation can get different equilibria results. No matter which type of country launches the trade dispute at first, it is no doubt to bear loss of trade flow constriction and general welfare. So it is very important to build up trade coordination system.In the sixth chapter, setting off from political, economic, social and trade turning points, we inspect experiences of Korea Republic, Japan and Taiwan and find out inherent relations between political democratization, economic growth and trade development. Then, basing on 13 countries'panel data from 1960 to 2009, this paper checks the relations between political democratization, economic growth and trade development. One conclusion of this chapter is that our nation should recognize approaching of trade turning point, speed up system transformation and model conversion and deal with new development environment.In the seventh chapter, basing on rethinking the unitary target trade policy frame profoundly, this paper brings forword the three-target frame. At the same time, basing on relevant data from 1978 to 2009, this paper inspects influencing factors and policy suggestion of trade increase, trade balance and trade efficiency one by one. One conclusion is that the present position of trade balance and trade efficiency ought to be lifted. In the long run, it is important to build up an operation frame of foreign trade which can maximize our nation's interest.