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

I A Rodionova; Родионова Ирина Александровна; A I Parfenov; Парфенов А И; V V Shubin; Шубин В В

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

Authors: Rodionova IA¹, Parfenov AI¹, Shubin VV¹
Affiliations:
1. Peoples' Friendship University of Russia
Issue: No 3 (2011)
Pages: 103-114
Section: Articles
URL: https://journals.rudn.ru/international-relations/article/view/10762

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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.

Keywords

China, foreign trade, geographical and commodity structure of export and import, export of hi-tech production, country's position in world economy

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Vol 24, No 3 (2024): China’s Global Strategy

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

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Abstract

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About the authors

I A Rodionova

A I Parfenov

V V Shubin

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