| In 2007, with the international financial crisis erupted in the credit markets and subprime mortgage lenders bankruptcy, it casused a strong stock market volatility. In late 2008, the financial crisis spread to the real economy, then it affectted the world. At this stage, every countriy have taken measures to control the effect, and the economy has rebounded now, but the world economy is still in a recession. China's economy is inevitably affected by the impact and economic growth slowed down.After a series of effective government regulation, our economy has now fully recovered. Xinjiang under the impact of world financial crisis has not spared.The overall decline in the economy in 2009, especially in Xinjiang's foreign trade volume dropped significantly. Xinjiang's economic appeared to have started to recovery by 2010, but financial crisis has changed the strategic evirment of foreign trade. It can affect the non-elimination in the short term, the lessons more worthy of serious review and reflection.This paper based on the relevant trade theory, firstly, analysis of the financial crisis situation in the strategic environment of foreign trade.The comparative advantages of Xinjiang Foreign Trad are analyzed mainly from the resource endowment, locational advantages, exports of comparative advantage, and the trade complementarity with neighboring countries. From infrastructure, industry structure, firm size, personnel structure and other aspects of the Xinjiang disadvantages of foreign trade, pointed out that the current financial crisis situation in Xinjiang Foreign Trade and the opportunities and challenges faced; Secondly, the financial crisis situation in Xinjiang Foreign Trade and Development. Clear from the financial crisis has economic development in Xinjiang and Xinjiang's foreign trade development from the total situation, export and import trade of three aspects of the financial crisis situation, the development of Xinjiang's foreign trade; Thirdly, the situation on the financial crisis Xinjiang's foreign trade strategy under analysis and evaluation. In reviewing the history of Xinjiang's foreign trade strategy, based on the use of dependence on foreign trade, foreign trade and foreign trade, the contribution rate the degree of Xinjiang's foreign trade in driving implementation of the strategy to evaluate the results, obtained through cointegration analysis exports on economic growth in Xinjiang significant role in promoting Xinjiang's foreign trade strategy and analysis on economic growth and the spread of direct contributions, and further pointed out that the existence of Xinjiang's foreign trade strategy is not sustainable, exports less competitive based on comparative advantage, foreign trade and increased risk of rising dependence on imports of strategic role insufficient attention to structural adjustment and trade and other issues behind; Finally, the financial crisis situation Xinjiang's foreign trade development strategy to adjust. Channel from the use of international trade promotion and implementation of dynamic comparative advantage of two aspects of trade promotion under the proposed financial crisis strategic concept of the development of Xinjiang's foreign trade, from trade, trade body, trade measures and trade and other aspects of the geographical direction of the strategic objectives of foreign trade, then from the adjustment of trade structure, improve the hardware and software services, speed up industrial cluster development and personnel training and other aspects of Xinjiang's foreign trade strategy of the major initiatives.This paper analyzes the draw, firstly, through the RCA, TC index derived estimates of Xinjiang in the labor-intensive products exports, primary products with a strong comparative advantage in traditional and technology-intensive, capital-intensive products show comparative disadvantage. Secondly, by the degree of trade integration, intra-industry trade index analysis can be drawn between Xinjiang and the five Central Asian countries and Mongolia and Pakistan are closely connected in terms of trade can be said that Xinjiang and neighboring countries have strong trade complementarity. Xinjiang and neighboring countries in the industrial products division and show a level of features, mainly to industry trade, with strong trade competition; in primary products, and show a characteristic vertical division of labor in order to inter-industry trade based, has strong trade complementarity. Thirdly, dependence on foreign trade, trade, degree of contribution rate and trade driven calculation, obtained higher than the national dependence on foreign trade in Xinjiang, the low contribution rate of the overall foreign trade on the rise, after the financial crisis in the contribution rate decreased exports, foreign trade on economic growth is very limited. And obtained through the analysis of cointegration test in Xinjiang between GDP and export and import of long-term stable relationship exists, the export trade to boost economic growth in Xinjiang, more than imports. |