Why China’s Foreign Trade Booms?(220 words) While the world as a whole is suffering an economic recession, China has been experiencing a big boom in its foreign trade. The four major factors may account for the fast growth.
Besides, China’s trade reform has also made its import and export system conform more to common international practices. In particular, the government has adopted measures that encourage foreign trade enterprises to operate more freely and independently.
All in all, with the sound development of China’s domestic market, and the effective national policies, predictably, China’s foreign trade will surely continue to increase. China, in the world economy, will play an increasingly important role. Just as the saying goes, in terms of the economic development, “ The world needs China, and China needs the world”. |
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