Upgrading Of Processing Trade

With the 30 years development after China's reform and opening up police, China's processing trade has realized a high speed and great-leap-forward development. It has made a significant contribution to China's economic development and industrialization processing, Adjustment of industrial structure and export product structure, expansion of employment and so on. From 2007, the government has been issuing some relevant polices to restrict the export of "Heavy energy consumption, heavy pollution and resource-related" products, as well as to encourage the development of high-tech industry. So China's processing trade has entered a substantive upgrading stage.In the second half of 2008, as the financial crisis spread China's real economy, processing trade which is one of the main foreign trade models has suffered extremely serious impact. On the face of the deterioration of the economic environment at home and abroad, China's processing trade upgrading face a serious situation. On one hand, the problem which has been in processing trade is amplified, it is more urgent to carry out processing trade upgrading; on the other hand, facing the primary task of promoting economic growth and alleviating the pressure of unemployment, government adapts relevant polices which slow down the pace of processing trade upgrading.This paper bases on the background of global financial crisis, introduces the processing trade current situation, then analyzes the urgency and new constraints of processing trade upgrading in the condition of new domestic and international situation, such as financial crisis, low-carbon economy, labor factor, intense trade friction and so on. In the end, the thesis gives some suggestions to promote processing trade upgrading under the guidance of the comparative advantage theory and the competitive advantage theory.