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The ’New Normal’ Benefits Trade Growth Transformation

The ‘New Normal’ Benefits Trade Growth Transformation
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摘要 As a major trading nation in the world,China now has to transform its trade growth model to be more competitive in world trade.Therefore,the country must no longer rely on labor-intensive products.However,I acknowledge that shifting a trade growth model is by no means an easy task.In an extensive economy,domestic industries cannot fully support the transformation process of the foreign trade growth model.Currently,the foreign trade sector must adapt to the new normal and contribute A s a major trading nation in the world, China now has to transform its trade growth model to be more competitive in world trade. Therefore, the country must no longer rely on labor-intensive products. However, I acknowledge that shifting a trade growth model is by no means an easy task. In an extensive economy, domestic industries cannot fully support the transfor- mation process of the foreign trade growth model.
作者 Bai Ming
出处 《Beijing Review》 2015年第18期40-40,共1页 北京周报(英文版)
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