Chinese Foreign Trade Dynamics and Change of the Country's Position in World Economy

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Abstract


The article presents the analysis of dynamics of foreign trade of the Peoples Republic of China, shifts in geographical and commodity structure of export and import since 1995 until present. Their influence on change of country's position in world economy and international trade is revealed. Analyzing the statistical data, authors come to a conclusion that modernization and transparency of economy, expansion of foreign economic relations, considering direct correlation of rates of gross domestic product (GDP) and rates of development of foreign trade of the country, have led to essential strengthening of China's position in world production of manufacturing industry, in world economy, and international trade.

About the authors

I A Rodionova

Peoples' Friendship University of Russia

Email: iarodionova@mail.ru
Кафедра региональной экономики и географии; Российский университет дружбы народов; Peoples' Friendship University of Russia

A I Parfenov

Peoples' Friendship University of Russia

Кафедра региональной экономики и географии; Российский университет дружбы народов; Peoples' Friendship University of Russia

V V Shubin

Peoples' Friendship University of Russia

Кафедра региональной экономики и географии; Российский университет дружбы народов; Peoples' Friendship University of Russia

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Copyright (c) 2011 Родионова И.А., Парфенов А.И., Шубин В.В.

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This work is licensed under a Creative Commons Attribution 4.0 International License.

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