Trade Strategy Adjustment of China After the Financial Crisis

Ping-Hong Yuan

Chinese Economy, 2017, vol. 50, issue 2, 112-118

Abstract: After the financial crisis in 2008, the share of foreign trade in GDP fluctuates in China. The contribution of foreign trade to the growth of GDP is weaker than before. In order to sustain the economic development, China needs to adjust its trade strategy. Based on the demographic structure change and the formation of domestic market, this article puts forward domestic-market-dominated trade strategy (DMDTS) will offer a new direction for trade strategy adjustment of China. Based on the advantage analysis of DMDTS, this article offers the relative suggestions on how to implement such a strategy in China successfully.

Date: 2017
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DOI: 10.1080/10971475.2016.1227171

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