China's Foreign Trade Role In Promoting Economic Growth

China is the biggest developing country in the world and economic growth is the uppermost issue for it. China is still at the early or middle stage of economic soar. With China's entry to the WTO, the market orientation and liberalization of foreign trade will be improved further, and the promotion effect of foreign trade on economic growth is comprehensive and far-reaching. In the days to come, foreign trade will remain higher speed of growth, its scale also is moving upward, and its contribution to the economic growth also will be able to be widen further. Under this circumstances, the promotion effect of foreign trade on economic growth has become people's concern.The research of this article is rigorously following the logic order of "Theory Analysis-Demonstration Research-Proposal".The first section of the article is the general theory on foreign trade promoting economic growth; second, China's practice that foreign trade promotes the economic growth; third, the proposal to promote the economic growth rose by China's foreign trade. First of all, it analyses the determinant elements of economic growth, indicates that the economic growth is decided either by short-term factors(Demand factor)-Investment^ Consumption and Net Export, or by long-term factors (Supply factor) -Factor supply and Total Factors productivity. Second, it analyses this effect mechanism and restricted factors through long-term , short-term effect and over developed impact of foreign trade, with the emphasis such as trade strategy , trade policy , trade shock , import and export goods compositions along with trade means effect.The second section analyses the significant effect of foreign trade on our country's economic growth since reform and open policy through demonstration angle. First of all, it analyses the general situation through supply and demand two respects, then measures the contribution of China's import trade and export trade on economic growth through quality and quantity analysis separately. The research first indicates that since reform and open policy, the net export effect of our country is not as great as we thought. Second, from the long-term point of view, the importeffect is very significant especially to a large developing country as China. Therefore, we should pay attention to import as much as export.The third section is through the proposal angle to provide proposal of improving foreign trade promoting economic growth. First of all, it proposes the target, rules and mission of improving promotion effect. Second, analyses macroscopic adjustment needed by improving promotion effect from the strategic angle, including optimizing the system environment, implement economic growth orientation trade strategy and trade policy, constructing and perfecting the defending system against trade shock. Finally analyses the necessary steps that improve our country foreign trade promoting the economic growth effect through the concrete countermove angle.The main creative ideas of this article are as follows:1,it starts from the point that economic growth is decided by two types of elements: supply and demand, and probes into the concrete effects brought about by foreign trade to supply and demand. Thereby it clearly points out the function mechanism that foreign trade accelerates short-term economic growth by impelling the demand and accelerates long-term economic growth by impelling the supply.2, it draws a conclusion on strict scientific methodology that import trade as well as export trade makes contribution to our nation's economic growth. This conclusion obviously differs from the present widely-accepted viewpoint "Export acts more, import acts less".Research methods of this article are determined by the features of research target. Therefore it has the following several features: theory analysis combines with demonstration analysis, qualitative analysis combines with quantitative analysis, long-term investigation combines with short-term analysis, domestic analysis co...