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.……

Shanghai's 'Grand Foreign Trade' Strategy

Since the start of the 1990s when Shanghai started to blaze a new trail for the development of a huge metropolis through carrying out a development strategy of "opening and developing Pudong" and "building up an international economic, financial and trading centre in Shanghai", the city has

Yichang's Foreign Trade

Yichang is not only one of the major industrial and commodity agricultural bases in Hubei, but also one of the important goods transient hubs. Since the State Council approved Yichang City independently running exports in 1988, it has steadily developed foreign trade along with deepening reform. In 1993, it earned foreign exchange worth US$24 million from exports, up by more than 60 percent over 1992.

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 Tourism Administration Li Kenong Vice Minister of General Administration of China

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...

ADJUSTMENT IN CHINA'S INDUSTRIAL STRUCTURE AND ITS FOREIGN TRADE

Of its total export volume,the proportion of China’s new andhigh technology products and highvalue-added products is extremelylow. Its pure technological exportrate is only 2 percent of the total.Therefore,along with thetransformation of the mode ofgrowth of China’s nationaleconomy, a corresponding growthmode transformation should takeplace in its foreign trade sector,and it is necessary to achieve asignificant change in its importand export product mix.

Beijing's Foreign Trade & Economic Cooperation

In accordance with the basic lines of Beijing’s foreign trade and economic cooperation, the Beijing Municipal Commission of Foreign Trade and Economic Cooperation has set specific tasks this year. They are as follows: Further quickening of steps in using foreign funds, with stress being placed on attracting investment from large companies. Efforts will be made in the management of medium-to-largeprojects. New fields and forms of cooperation