A Statistical Analysis Of The Relationship Between Import And Export Trade And China 's Economic Growth

Since early2007,the global financial crisis caused by the U.S. Sub-loan crisis continues tospread and deepen, which leads to a clear downward trend of the world economy. The impact onthe imports and exports of our country are increasingly exposed. It is worth of studying theproblems in China’s import and export trade, and proposing corresponding countermeasures tosolve these problems.The purpose of this paper is to find out the relationship of China’s imports, exports, netexports and GDP between1990and2011. The SPSS19.0was used to fit all the data in a simplelinear regression model, from which it found strong correlation between the GDP and exportsand imports. Besides that econometric methods were used, involving unite root test,co-integration test, granger causality test, impulse function analysis, variance decompositionanalysis and so on. All the tests indicated that aggregate amount of imports and exports is theGranger cause of the GDP, while GDP is not the Granger cause of imports and exports. Moreover,dealing with the amount of exports goods category, it drawn box plot and stack area chart tomake the data more visualized, and it analyzed the industrial structure. Finally somerecommendations on China’s economics development and foreign trade were made.