China:In the fourth quarter of 2023,exports of yarn and fabric to ASEAN ceased declining and rebounded

On January 8th,the China Chamber of Commerce for Import and Export of Textiles released data showing that in the fourth quarter,China’s textile and clothing exports gradually stabilised.The proportion of intermediate exports in textile and clothing exports continued to rise,providing a new impetus for the substantial expansion of exports to traditional markets and international supply chain cooperation.

Impact of BRICS Trade Facilitation on China's Exports Using Cross-Border E-Commerce

With the rapid growth of the global digital economy, cross-border e-commerce, as an emerging form of trade, has gradually become a powerful engine to promote the development of global trade. BRICS is an important force in the global economy, and the progress of the BRICS countries' trade facilitation level has an important impact on the global trade environment. This paper conducts an in-depth study of the dynamic changes in BRICS trade facilitation from 2013 to 2022, and uses an extended gravity model to analyze the specific impact of this change on China's exports using cross-border e-commerce. The results show that although the BRICS countries have made some progress in trade facilitation, the overall level still needs to be improved, and there are obvious differences among member countries. However, the improvement of trade facilitation among BRICS countries has undoubtedly brought significant positive effects to China's exports using cross-border e-commerce.

Building the ARIMA Model for Forecasting the Production of Vietnam’s Coffee Export

Coffee is a significant industry, accounting for 3% of Vietnam’s GDP, with annual export turnover consistently exceeding USD 3 billion. Despite global economic challenges affecting purchasing power at various times, Vietnam’s coffee exports in December 2023 continued to surge, reaching the highest level in the past 9 months at 190,000 tons, a 59.3% increase compared to November 2023, but still a slight 3.5% decrease from the same period last year. The export turnover reached USD 538 million, a 51% increase from November 2023 and a 26.4% increase from the same period last year. Therefore, forecasting the coffee export volume holds significant importance for coffee producers nationwide. This research employs the Box-Jenkins method to construct an ARIMA model for forecasting Vietnam’s coffee export volume based on annual data published by the General Statistics Office. Results indicate that among the models considered, the ARIMA(1, 1, 2) model is the most suitable. The study also provides short-term forecasts for Vietnam’s coffee export volume. However, the current model is limited to forecasting and is not yet optimized, as the assumed linearity in the model is a simplification.

Analysis of the Impact of Technical Trade Barriers on the Export of Toys-Based on Analysis of Zhejiang,China

Technical barriers to trade,as a non-tariff barrier,have an increasing impact on the international market.As a major province in toy exports,Zhejiang Province’s toy export trade is therefore greatly hindered.This article aims to explore the impact of technical trade barriers on toy exports in Zhejiang Province and analyze countermeasures.Through literature review and some empirical analysis,it is found that technical trade barriers have greatly promoted the development of Zhejiang’s toy industry;however,they have also subjected it to impacts and pressures such as cost and technology.In response to the impact of technical trade barriers on toy exports,this article proposes corresponding countermeasures to avoid such barriers:firstly,establish a quality management system that complies with export product regulations to ensure that the products produced can meet international requirements and standards;secondly,reduce dependence on overseas markets;then enhance one’s own technology,and strengthen product innovation,in order to enhance the international competitiveness of the product and oneself;in addition,we should also explore diversified markets and expand the sales channels and coverage of our products.

Research on the Threshold Effect of China’s Pharmaceutical Export Trade on Internal and External R&D Investment

Objective To study the threshold effect of export trade on internal and external R&D investment in China’s pharmaceutical industry,and to provide reference for some pharmaceutical enterprises to improve the investment.Methods The panel data of pharmaceutical industry in 25 provinces and cities in China from 2009 to 2019 were selected to conduct empirical analysis by establishing a threshold regression model,and a better export trade interval was obtained.Results and Conclusion There is a threshold value for the effect of new product export on both internal and external R&D expenditures,and the threshold values are 845.2788 million yuan and 318.4198 million yuan,respectively.There is a single threshold effect of export trade on both internal and external R&D investment in China’s pharmaceutical industry,and the effect of export trade on internal and external R&D investment changes from negative to positive as the export trade develops from low to high.

The Turkish Economy in the Period between 1990 and 2000 in the Light of the Open Economy Policies of the 1980s Developments

The structure of the economy seems to have been reshaped for the post-1980 period with the decisions of January 24,1980 and the structural changes that followed.In the 1980s,which can be called the transition process to a Free-Market Economy and an open economy,on the one hand,the privatization of state institutions and the determination of the prices of goods and services in free market conditions were tried to be ensured in order to withdraw the state from economic life,on the other hand,it was tried to grant freedom to foreign trade and capital movements.While these two main issues were being realized,the import substitution industrialization strategy was abandoned and the export-led growth model was started to be implemented.The last step of this process of opening up and liberalization was realized with the decision numbered 32 in 1989.While the change in the economic structure was achieved through domestic borrowing in the 1980s,with the liberalization of capital movements in the 1990s,it was seen that economic growth and development were tried to be achieved with hot money inflows rather than foreign direct investments.This orientation made the economy more open to crises,and for the first time there was a crisis in the form of the 1994 economic crisis,which was understood to be caused by hot money.The 1994 economic crisis could only be overcome by giving government guarantees to bank deposits and issuing high-interest Treasury Bills.Even the new banking regulations could not prevent the emergence of similar new economic crises in the following years.Because,we can say that the economic crisis experienced in the 2000s brought about a political transformation along with creating great economic problems.

Impact of foreign direct investment on the exports of five major sectors of Pakistan’s economy:A governance perspective

This study investigates and analyses empirically the impact of Foreign Direct Investment(FDI)inflows on the exports for a panel series of five large-scale manufacturing industries of Pakistan during the period 2000-2020.For this purpose,we establish export production function as based on endogenous growth theory in which role of FDI is considered as additional determinant of export.The Pedroni residual-based co-integration test and Error Correction Model(ECM)are applied for the long and short-run relationships.Pedroni residual based approach highlighted that human capitals,domestic capitals,foreign direct investments,exports,and domestic sales are co-integrated in the long run.According to results of ECM,coefficient of FDI appears to have statistical significant impact on exports and has a positive sign in the long run.Whereas,FDI does not contribute to export growth in the short run but it takes time to influence the growth patterns of the sector.On the basis of theoretical notion of endogenous growth theory,long-run coefficient of FDI may be interpreted as evidence in favour of the hypotheses that FDI has an impact on exports via export development.Thus,it can be concluded that“FDI-based endogenous growth theory”is valid in the case of Pakistan.

服务业进出口、OFDI和全要素生产率的动态关系研究——基于VAR模型的实证分析

研究服务业贸易、投资与服务业之间的影响关系,对提升我国服务行业国际竞争力、促进其高质量发展具有重要意义。论文使用我国2000—2021年数据,构建VAR模型对服务业进出口、服务业对外直接投资(OFDI)和全要素生产率的动态交互关系进行实证分析。研究结果显示,服务业进出口对服务业对外直接投资具有正相关关系,且长期支持效果明显;服务业进出口对OFDI、全要素生产率提升具有促进作用;在短期内,全要素生产率与OFDI之间存在双向促进作用,从长期来看则存在一定负向影响。基于实证研究结论,文中提出制定政策鼓励服务企业参与国际化竞争、发挥服务业进出口对OFDI的促进效应、提升服务企业自主创新能力等相关对策建议。

Impact of the COVID-19 pandemic on agricultural exports

The COVID-19 outbreak has shocked the world’s economies in the year of 2020.As this pandemic spreads around the globe,many experts feared that the global food supplies might start running short,especially if supply chains were disrupted.COVID-19 also added to the uncertainty of the business operation.Therefore,it is critical to understand how COVID-19 pandemic affected global food supply and market.In this study,we investigate the impact of COVID-19 on agricultural export companies in China using a unique firm-level survey data.We found that although on average agricultural businesses experienced declines in the exports,exports of some agricultural products especially grain and oil held strong and even increased,implying the essential demand for staple food during the pandemic.Not surprisingly,exports of medicinal herb also increased significantly during the pandemic.However,exports of goods such as edible fungus and horticultural products sharply decreased.Our results also showed that in general,impact of COVID-19 on smaller firms was more severe than that on larger firms.The results of this study can provide useful guidance and implications for agricultural businesses and policy makers on their COVID-19 mitigation efforts to navigate this global pandemic.

Research on the Chemical Hazard Risk of Toys Exported to EU from China Based on the Analysis of the EU “Safety Gate” Alerts Cases

Based on the analysis of the 2544 alert cases from “Safety Gate” (the EU rapid alert system for dangerous non-food products) of toys exported to the EU market from China in the past five years (2017-2021), this study focuses on the chemical hazards as the key research object, investigates and identifies categories of toy products and related chemicals with high notification rate. The research results have shown that the most seriously and frequently alerted toy products due to chemical hazards from China exported to the EU are plastic dolls, slimes, rubber toy balloons, toy guns and squeezable toys, while the high failure rate of chemicals in sequence are phthalates, boron element, N-Nitrosamines and N-Nitrosatable substances, and bis(2-(dimethylamino)ethyl) ether. This study aims to improve the efficiency of inspection and test of export toys, and provide decision-making references for Chinese toy export enterprises to respond to EU technical trade measures.

Trade Benefits and Environmental Costs of GVCS: A Case Study of the BRICS

As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of carbon emissions has drawn wide attention from the international community, necessitating the comparison of the trade benefits and environmental costs of the BRICS participation in GVCS. Based on the Eora database, this paper constructs a decomposition framework for the calculation of export value-added and embodied carbon, based on a multi-region input-output (MRIO) model. The trade benefits and environmental costs paid by the BRICS’ total exports from 1990 to 2015 were measured and the imbalance was analyzed, along with the causes. The results show that the main value-added and carbon embodied in the BRICS’ exports originate from their own countries, and the domestic value-added content of the BRICS’ exports decreased while the foreign value-added content increased.

Development Thoughts on Promoting China's Tea Export——Analysis Based on the Experience of India and Japan

Ranking the first in tea production and sales globally,China occupies a decisive position in the global tea market.However,China’s tea export still faces problems such as low average export price,few international brands,single export market,and weak ability of market entities to deal with technical barriers to trade.Therefore,the analysis and summary of promotion measures for tea export taken by India and Japan is of great significance to the formulation of China’s tea export promotion policies.

Relationship between the Environment and Economic Growth in China via Exports: A Perspective of Ecological Impact (2000-2014)

China’s swift and substantial economic growth over the past 20 years has made the country one of the top industrial powers in the world, second only the United States. From the perspective of ecology and the impact on the environment produced by economic and industrial growth, the exports that have driven rapid growth have also resulted in an alarming level of environmental pollution in major Chinese cities. Research has shown that the Chinese government’s investment in bringing down pollution levels has been insufficient and ineffective. The monetary amount allocated for pollution reduction has barely reached 0.15% of the country’s GDP and has failed to meaningfully reverse the effects of industrialization, including increased exports and economic growth rates affecting China’s ecology. The present study investigated China’s ecological situation in terms of the industrial production that has generated its level of exports, with special focus on problems related to water, air, and solid waste. An econometric analysis was conducted to determine the relationship between the main variables. The exports and GDP (dependent variable), air pollution, water pollution, and industrial solid waste (independent variables) were provided by the Institute of Statistics and the Environment Institute of China for this study. The data was managed in Econometric Eviews 7.0 software and yielded an adjusted R2 of 96.09% (high correlation) with an interesting correlation between the exports and three independent variables;after subsequent variable analysis, we found that investments in water and industrial solid waste were not significant (i.e., that said investments have failed to solve the pollution problem). It is necessary to review the Chinese investment policy with special attention to these variables to appropriately respond to China’s ecological crisis.

Problems and Recommendations for Export of Guizhou Tea in the Context of Rural Revitalization Strategy

As a traditional advantageous industry in Guizhou and an important export product,tea plays an important role in the rural revitalization strategy.This paper first introduces the current situation of tea industry and export in Guizhou,then analyzes the problems that arise in the export process,and finally comes up with corresponding countermeasures and recommendations for the export development of tea,hoping to provide certain guidance and reference to the development of tea industry in Guizhou Province.

The Effects of Industrial Park Development on Manufacturing Firms’Performance in Ethiopia

This study examines the effects of industrial parks on export earnings,employment creation,and FDI attraction in Ethiopia.Despite varying degrees of successes and failures,several countries have utilized industrial park and other forms of special economic zones as a policy instrument for fostering economic transformation.China is at the forefront of using special economic zones as a policy tool for economic transformation.Ethiopia is one of the African countries that has adopted industrial park development as a policy tool to enhance its economic transformation.However,the issue is not well researched and this study aims to contribute to fill the research gap.The analysis of the hypotheses test reveals that industrial parks in Ethiopia have statistically significant effects on export earnings,employment creation,and FDI attraction with significant levels of p≤0.001.Low labor productivity,domestic raw material supply constraints,weak forward and backward linkage,transport cost and logistic constraints,and government institutions’capacity constraints are identified as the major constraints that affect the effectiveness of industrial parks and manufacturing firms.On the other hand,the availability of a trainable labor force,raw material potential,preferential policies and incentives,the economic growth of the country,and the labor wage rise in China and other emerging countries are identified as the main five potentials and opportunities for sustained and dynamic industrial parks development.Based on the findings,three policy implications are suggested.First,formulating and implementing manufacturing labor force development and utilization policies and strategies are vital.Second,the forward-backward linkage along the value chain needs to be enhanced through proper policies.Finally,institutional capacity building through learning by doing and public-private partnership has to be strengthened.

Discussion on the Promotion of Exports is the Only Path for Development in Developing Nations

Nowdays, some people think the promotion of exports as the only way for development in developing counties. However, I disagree with this idea. Admittedly, export can increase the foreign exchange reserves and enlarge the overall revenues of a county. According to the formula GDP=C+I+G+X-M, besides the net export, domestic consumption and investment are also other two indispensable paths to improve the GDP of a developing county.

BRIEFS LATEST NEWS FROM THE WORLD OF BUSINESS

Surging NEV Exports China’s exports of new energy vehicles(NEVs)soared 110 percent year on year in the first eight months of 2023 amid the rapid expansion of the sector,industry data shows.A total of 727,000 NEVs were exported during the period,according to the China Association of Automobile Manufacturers.Exports of pure electric vehicles surged 120 percent from the same period last year to 665,000 units.

Rare earth listed in the Catalogue of Energy and Resources Products Subject to Export Reporting

China’s Ministry of Commerce(MOFCOM)on 7 November announced revisions to a list of bulk commodities whose imports and exports should be reported for keeping statistical record.Fourteen commodities including Soybeans,rapeseed,soybean oil,palm oil and so on will continue to be regulated by current import reporting system.Five new items are included.Crude oil,iron ore.

Study on Building an Econometric Model of Canada's Newsprint Exports to the United States of America

For predictive purposes and for understanding the relationship between the US market and Canadian newsprint producers an econometric model was built. In this study, a simultaneous-equation model was developed, which consisted of four equations, one each for the supply, export, consumption and price of newsprint. The period of 1955-1986 was covered by this model. The data for the years 1985 and 1986 were reserved to test the predictive power of the model. In fitting the four equations for the period of 1955 -1984, the coefficients of determination, the R -square values, between observed and predicted values were higher than 99 per cent. The test results of the forecasting power showed that there was no statistically significant difference between predicted and observed values at the 5 per cent level of significance. Sources of forecasting error are expressed as three partial inequality coefficients associated with bias, variance and covariance of predicted and observed values. The error could not be

Competitive Potential in Clothing Exports for Hong Kong and the Interior of China

Hong Kong and the Interior of China are leading clothing exporters in the world. Together they accounted for nearly 29 percent of the global clothing exports in 1999.The paper is basically divided into two parts. Firstly, it discusses that high world market share is an indicator of competitiveness for the product. From United Nations statistics, it was identified that Hong Kong and the Interior of China were competitive in certain discrete clothing items and a trend was apparent in the production shift of labour intensive clothing items from Hong Kong to the Mainland as witnessed from 1987-1993. With the revised statistical classification system in clothing items released by United Nations, second part of the paper further investigates the broad clothing categories of knitted and woven garments from 1987-1998. It was discovered that Hong Kong was traditionally more competitive in knitted garments while the Interior of China possessed advantages in the manufacture of woven items. Taking the labour cost advantage of the Interior of China and the marketing strengths of Hong Kong, their co-operation for clothing production is considered complementary to each other and able to foster synergistic effects.