Forty Years of Opening Up Has Greatly Benefited China’s Foreign Trade

Author(s):  
Miaojie Yu
Keyword(s):  
2020 ◽  
Vol 5 (2) ◽  
pp. 1
Author(s):  
Xingdan Zheng

<p>In order to analyze the basic situation of China's foreign trade since the reform and opening up, this paper summarizes the basic situation of China's foreign trade in the 40 years of reform and opening up in 1980-2018 based on the data of the official website of the National Bureau of Statistics of China (NBS) and creates charts. The data observation results show that except for the trade deficit in the 1980s, China's economic surplus, total imports and total exports rose in a straight line in the past 40 years. The rise in the '00's and the' 10's was much smaller than that in the previous 20 years, but it also stabilized a lot, which was a steady growth. The reference data shows that this is a normal phenomenon. It was predicted that China's foreign trade would grow more steadily, which is closely related to the foreshadowing decision made by the country now. China will maintain its leading position in the world while maintaining its economic growth.</p>


Author(s):  
Oleg Paramonov

Russia is the largest trade and economic partner of ASEAN among the EEU countries. At the same time, the potential of mutual trade between the EAEU and ASEAN as a whole is far from being fully realized. One of the reasons for this is the lack of direct access to the sea from the rest of the EAEU, while ASEAN foreign trade is dominated by maritime transport. However, the ASEAN states often face serious difficulties because of lack of modern railways as a necessary complement to the port infrastructure. Under current conditions, new opportunities are opening up for Russia both in the international market for transport services and in the implementation of infrastructure projects. This article deals with such opportunities and associated risks.


1965 ◽  
Vol 25 (4) ◽  
pp. 541-564 ◽  
Author(s):  
Mataji Miyamoto ◽  
Yōtarō Sakudō ◽  
Yasukichi Yasuba

In this paper we shall try to do three things: first, to describe the economic conditions which prevailed before the arrival of Commodore Perry; second, to survey the economic policy of the Shogunate and the Meiji Government in responding to the impact of the opening up of the country; and third, to make a few general comments on some selected aspects of Japan's economic development between 1859, when three Japanese ports were opened to foreign trade, and 1894, when the Sino-Japanese War broke out. The latter date is chosen because it fairly clearly marks off the beginning of the rapid development of the modern sector of the Japanese economy.


1996 ◽  
Vol 30 (2) ◽  
pp. 357-385 ◽  
Author(s):  
Tirthankar Roy

Studies on Indian artisans in the recent times have tended to be guided by the notion of a world market which, it is believed, drove them towards obsolescence through changing tastes or productivity. This framework, however, is not without problems. First, the presence of older industries in modern India, or their long continuance, tends to be seen in terms of ‘survivals’ or ‘revivals’, which terms deny them any inherent dynamics. On the other hand, the impression that many of them ‘survive’ today in strikingly modernized forms, utilizing production and marketing institutions vastly different from those that prevailed a hundred years ago, would demand of historians an account of how old industries evolve, and become integrated into the rest of the economy. Secondly, the crux of the world market story is the economy's opening up to trade. That foreign trade had a critical impact on crafts such as textiles, partially decimated by imports, or leather, where trade commercialized an erstwhile custom-bound exchange, is indisputable. But there are other notable examples where the effect of trade was benign, minor, or indirect, where artisans remained producers of a mass consumable; and where neither did they face significant competition from imported goods, nor were reduced to fodder for metropolitan industrialization. Yet they changed profoundly. In a way, their history reflects not the play of a dominant exogenous process, but the totality of the economy's structural change. Crafts history does not yet provide us with prototypes of this endogenous transformation.


2021 ◽  
Vol 292 ◽  
pp. 03023
Author(s):  
Jun Chen

In the context of the continuous opening up of China’s foreign economic development, the coordinated development of foreign trade and industrial transformation and upgrading has always been a hot issue in industrial economics and international trade research. Through empirical analysis to study the impact of foreign trade on industrial transformation and upgrading, this paper finds that there is a long-term dynamic synergy relationship between foreign trade and industrial transformation and upgrading. At the same time, this article also finds that the export value of goods trade and the import value of service trade have a significant impact on industrial transformation and upgrading, while the import value of goods trade and the export value of service trade have no significant impact on the industrial transformation and upgrading. Finally, this article puts forward policy recommendations on the promotion of industrial transformation and upgrading by foreign trade on this basis, so as to provide references for industrial policy makers.


1986 ◽  
Vol 49 (1) ◽  
pp. 76-89 ◽  

The Iranian economy underwent impressive growth in the value and volume of foreign trade during the nineteenth century. The combined figures for imports and exports show the widening of commercial links and economic interrelations between Iran and the rest of the world, particularly Europe. Between 1800 and 1914 total visible trade at current prices rose from £2.5million to £20 million. The implication of these figures is that in real terms visible trade increased about 12 times. The greater portion of this increase occurred during the last decades of the nineteenth century.


2014 ◽  
Vol 1070-1072 ◽  
pp. 383-387
Author(s):  
Xiao Wei Yang

With the development of an open economy in the Yangtze Delta region, energy has increasingly become an bottleneck for rapid economic development. Opening up will promote economic expansion and affect the efficiency of energy utilization in the process of economic development. The proper evaluation of the impact of opening up on the efficiency of energy utilization will help the intensity and direction of open door policy adjustment. The paper used the stochastic frontier analysis (SFA) approach to investigate the effect of foreign direct investment (FDI) and foreign trade on the efficiency of energy utilization of the Yangtze Delta region in China. The results show that FDI and foreign trade both are very vital for the improvement of the efficiency of energy utilization. Moreover, the elastic of FDI on the energy efficiency is larger than the elastic of foreign trade on the energy efficiency.


2019 ◽  
Vol 3 (5) ◽  
pp. 435-443 ◽  
Author(s):  
Addy Pross

Despite the considerable advances in molecular biology over the past several decades, the nature of the physical–chemical process by which inanimate matter become transformed into simplest life remains elusive. In this review, we describe recent advances in a relatively new area of chemistry, systems chemistry, which attempts to uncover the physical–chemical principles underlying that remarkable transformation. A significant development has been the discovery that within the space of chemical potentiality there exists a largely unexplored kinetic domain which could be termed dynamic kinetic chemistry. Our analysis suggests that all biological systems and associated sub-systems belong to this distinct domain, thereby facilitating the placement of biological systems within a coherent physical/chemical framework. That discovery offers new insights into the origin of life process, as well as opening the door toward the preparation of active materials able to self-heal, adapt to environmental changes, even communicate, mimicking what transpires routinely in the biological world. The road to simplest proto-life appears to be opening up.


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