China's Developing Foreign Trade By Science And Technology: A Study On Its Effects And Measurements

What achievements have been gained on international trade since the strategy of developing trade relying on science and technology in China put in practice? What effects can this strategy bring to China's foreign trade? And what should we consider when practicing the strategy? The above questions are important topics in the area of international trade as well as the main problems the paper tries to discuss.To begin with, the paper gives an introduction to the background of the strategy and then expounds the contents and applying of it. Knowledge economic gives further requirement to a country in both knowledge and technology innovation ability, thus, it brings great challengers to China. Under such a situation, China put forward the strategy of developing trade relying on science and technology, which is the necessary choice to meet the requirements of knowledge economic. This strategy includes mainly two aspects of contents: increasing high-tech exportation; reforming the traditional export industry by high-tech production and combining high-tech with traditional export products to raise the technological content and additional value in export products.In the next place, the paper gives a detailed analysis to the effects which the strategy of developing trade relying on science and technology have on the foreign trade in china. From the real datum, we can learn that China's international trade has made great achievements. The international competitiveness of high-tech industry and its products has been rising step by step. This paper suggests that the strategy has had positive influence on China's commodity trade, technological trade, service trade and the attraction of foreign investment by positive analysis.However, the strategy is a systematic project, which contains various contents. So it is inevitable to make mistakes during the process of practicing it, as China does. In the end, the paper presents ways to apply the strategy by normative analysis, which involve change in the behavior of government and corporation, foundation of the investment and financing mechanism, implementation of technological innovation strategy and protection of intellectual properties. The above-mentioned means are of great significance to improve the sustainable development in China's international trade.