Urgency Required in Changing the Growth Mode of China's Foreign Trade

Presently China mainly relies on the low cost of production factors and introducing advanced foreign technology to create an international competitive edge.Thepresent foreign trade growth mode,which is charaterized of quantitative expansion,labor-intensive and low prices,low e ciency,unsustained,is facing lots ofdifficulties.The problems such as the worsening terms of trade,the huge trade surplus,too much dependence on foreign trade,the rising prices of production factors,difficulties in the introduction of high technology,excessive consumption of resources,environmental pressures exacerbated the situations.Therefore,China mustadopt effective measures into a sustained and high efficiency foreign trade growth mode,which is supposed to be described as optimization of export commoditystructure,market diversification,mainly relying on independent innovation and independent brands,promoting trade with science and technology,rationaliztion ofindustrial structure,focusing on high added value.

CHINA'S FOREIGN TRADE PROSPECT IN 2002

China’s foreign trade volume hit US$509.77 billion in 2001, the figure represented 7.5% increase over the previous year. Of the total, exports topped US$266.16 billion, 6.8% up over the previous year, imports reached US$243.61 billion, up 8.2%, and accumulated trade surplus climbed to US$22.55 billion. The results were fairly outstanding if we take a general look at the world economy, which experienced significant slowdown in 2001 mainly due to the serious downturns in the United States and Japan. The increase can be attributed to a number of factors including the rise

On China's Foreign Trade Development and Linkage with the Customary Rules of International Trade

Although great differences exist between the trade systems of different countries,internationaltrade must go on in line with the customary international trade rules.As China’s economy developsand the socialist market economic system emerges,China is basically qualified to link up withcustomary international trade rules.In the Ninth Five-Year Plan period,China’s reform of its foreigntrade system aims at setting up a trade system that conforms with international trade practice.Forthe purpose,the author of this article suggests that a neutral trade policy should be adopted inaccordance with the international practice since it does not hinder exports,nor restrict imports toan excessive degree.

China's Foreign Trade:from Quantitative Change to Qualitative Change

The latest General Customs'statistics showing that by November 20, 2004,China's foreign trade has topped 1 trillion and reached RMB 1.0017 trillion, marking a new leap of China's foreign trade. After entering the 1 trillion dollar period, it is on a new stage. Foreign trade, as a big stage for China's economic cooperation, shows the six features as No.1, top 3, 10%, US$10 billion, US$100 billion, and US$1 trillion.……

CHANGES FOR CHINA'S FOREIGN TRADE GROWTH

In 1996,China began to set targets for quadrupling its per capitaaverage GNP for a better livelihood and socialist market economicsystem——a kind of mature opening economy in the Ninth Five-YearPlan period(1996-2000),aiming at comformity with the worldeconomy.For these purposes,it is essential to expand China’sopening to the outside for its foreign trade to boom and thus make fulluse of foreign and domestic markets for accelerating our economicdevelopment and upgrading development efficiency.In other words,China’s foreign trade development in the Ninth Five-Year Planperiod will greatly affect and control our economic growth andeconomic system reform.

Member List of Council of China's Foreign Trade

Honorary Chairmen: Wan Jifei Chairman of China's Council for the Promotion of International Trade He Guangwei Former Director General of China National Tour- ism Administration Li Kenong Vice Minister of General Administration of China Custom Consultants: Shi Guangsheng Vice Director of Financial and Economic Com- mittee of NPC's Standing Committee Former Minister of the Administration of Foreign Economic and Trade Cooperation Gan Ziyu Vice Director of Financial and Economic Com- mittee of NPC's Standing Committee Former Vice Director of National Development and Reform

Member List of Council of China's Foreign Trade

Honorary Chairmen: Wan Jifei Chairman of China's Council for the Promotion of International Trade He Guangwei Former Director General of China National Tour- ism Administration Li Kenong Vice Minister of General Administration of China Custom Consultants: Shi Guangsheng Vice Director of Financial and Economic Com- mittee of NPC's Standing Committee Former Minister of the Administration of Foreign Economic and Trade Cooperation Gan Ziyu Vice Director of Financial and Economic Com- mittee of NPC's Standing...

Strong Momentum for China's Foreign Trade

In 1995, China’s foreign trade still has maintained a strong development momentum under the promotion of the reform. A sustained growth momentum has been maintained in foreign trade. According to the customs statistics, China’s import and export volume rose to US$126.4 billion in the first six months of this year, 29.6 percent higher than the same period of last year. Exports are US$69.79 billion, a 44.2 percent increase and imports stand at US$56.61 billion, a 15.2 percent increase. The foreign trade development has the following

REMINISCENCES OF THE PAST——WORKING FOR CHINA'S FOREIGN TRADE

In December 1958, the China Council forthe Promotion of InternationalTrade(CCPIT) established its PublicityDepartment. Its task was to take over themagazine China’s Foreign Trade, transferredfrom the Ministry of Foreign Trade. Ms. LuJiyin held the post of department head, and Iwas transferred from the post of the ResearchDepartment Commissioner to that of thePublicity Department Commissioner to assisther in her work. The magazine China’s Foreign Tradewas originally established in 1956 by thePropaganda Section under the General Officeof the Ministry of Foreign Trade. It had twoeditions: Chinese and English, under trialpublication. The magazine, sponsored by theMinistry of Foreign Trade was a trialpublication in nature, so when the task