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The Research Of The China's Foreign Trade Strategy Transformation Under The Context Of Global-balance Growth

Posted on:2017-02-27Degree:MasterType:Thesis
Country:ChinaCandidate:Z R WangFull Text:PDF
GTID:2359330512951147Subject:International Trade
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Nowadays,the world has entered the third stage of global economic imbalances,especially after the subprime crisis triggered by the global financial crisis.The global economic recovery imbalances have fully shown side effects.The "rebalancing" of the global economy has become a hot issue in the field of study.In emerging economies,In order to transit to export-oriented economy strategic,China,as a representative of the developing countries,should realize the premise of imbalances in the global economy,and fully realize its own internal and external environment,using the opportunity to achieve the rebalancing of the global economy.World trade overall balance must contain important bilateral imbalance.One part of the countries around the world surplus,while the other deficits.This is normal phenomenon in the international economy.Historically,as long as the world's "developed countries"(center)and "emerging countries"(peripheral)staying together,global economic imbalances are inevitable.The world economic history shows that the imbalance is absolute,the balance is relative and imbalance is the norm,balance is a short-term phenomenon.The US subprime mortgage crisis is considered as a inevitable outcome of global imbalance development deepening to a certain extent.It makes the global imbalance of major countries in an adjustment of economic growth mode thus,promoting economic development towards a more balanced and more sustainable direction.Under this circumstance,the G20 summit in Pittsburgh in 2009,proposed "establish common action policies and implementation approaches,and then promote balanced global growth" issue.As global economic rebalancing thought prevailing,the issue of global rebalancing formally incorporated with policy coordination requires a long-term action.International trade imbalance is the main performance of the global economic imbalances.United States and China are the biggest deficit and surplus countries respectively,the bilateral imbalance is No.1 in the world,so generally,the trade imbalance between China and the United States represents international economic imbalances.In the current global economic imbalances is the world's economic growth,advocate balanced global growth has also been widely recognized,external motivation will lead to a country's economic internal imbalances.Only balanced global growth can help a country to achieve balanced economic growth.Current account is one of the important indices for balanced growth,which means,a country's trade surplus and deficit is one of the core indicators of global economic balance.At present,China's foreign trade surplus has become more large,and the import and export structure is still fully filled with manufactured goods account.At the same time,there are trade barriers plus,economic interests and non-economic interests tradeconflicts.At present,our country's trade is mainly presented by the insufficient external demand after the financial crisis,outstanding political issues,the huge impact dollar has on Chinese foreign trade,trade protectionism looked up,"made in China,the world consumption" no longer applies,etc.Export-oriented,import substitution are two main types of foreign trade strategy,the status and problems should be combined with the current China's trade surplus,and the global trade environment to choose the most suitable for foreign trade strategy.This paper is divided into five chapters:The first chapter: introduce the selected topic background,research significance,research methods,the structure arrangement,innovation and deficiency.The second chapter: combining literature at home and abroad to discuss global economic balanced growth equilibrium theory basis,including balanced global growth issues,global economic balance and imbalance of historical,global economic balance and the academic theory of economic imbalances.The third chapter: the trade surplus is the main current reason our country has been widely criticized by countries around the world in the term of global economic balance.This chapter mainly analyzes China's trade surplus situation in recent years,the surplus evolution,the structure of the current import and export,foreign trade dependency,trade barriers and the conflicts of interest on China's trade surplus.The fourth chapter: the connotation and classification of the trade development strategy,the export-oriented strategy and import alternative strategy comparison respectively,analyzes the current our country foreign trade environment and concluded that the balance of foreign trade policy should be implemented,try to maintain the basic balance of foreign trade import and export.The fifth chapter: in the previous research,this chapter is on the basis of the adjustment of export oriented strategy,training quality export growth mode,establishing a new system of the open economy,implementing the strategy of "going out",actively participating in global economic governance and other aspects,put forward the balanced global growth perspective strategic countermeasures and the suggestions of China's foreign trade.
Keywords/Search Tags:balanced global growth, China's foreign trade surplus, trade strategic transformation
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