SCIENTIFIC development, INTERNATIONAL trade, ECONOMIC development, SOCIAL development, ECONOMICS
Abstract
Dependence on foreign trade reflects the extent, which a country's economy contact with the whole world economy, and to some extent, reflects the importance of foreign trade in the national economy. The concept of scientific development is the important guideline of our country's economic and social development. This paper analyzes the status, cause and effect of our country's dependence on foreign trade in recent years, and provides some effective measures to promote the scientific development of China's foreign trade from the perspective of dependence on foreign trade. [ABSTRACT FROM AUTHOR]
ECONOMIC conditions in China, 2000-, ECONOMIC development, GROSS domestic product, MANUFACTURING industries, INTERNATIONAL trade, FOREIGN investments
Abstract
China's economic growth over the last two decades has been truly remarkable. Averaging near double--digit percentage growth each year, it is now the second largest economy in the world based on gross domestic product (GDP) and is expected, one day, to overtake the USA and become the largest. China's growth has been predominantly export driven and centred in manufacturing, especially since joining the World Trade Organisation (WTO) in 2001. This article looks at how the rise of China has impacted on the UK's international trade and investment and also how the continuing development of China may affect these in the future. [ABSTRACT FROM AUTHOR]