The goal of economic opening to the outside world is an important basis for formulating and implementing the policy of opening. Different economic development strategies have different requirements for the degree of e...The goal of economic opening to the outside world is an important basis for formulating and implementing the policy of opening. Different economic development strategies have different requirements for the degree of economic opening to the outside world. Guizhou should implement the open economy and adopt the export-oriented development strategy, which objectively requires Guizhou to gradually improve the degree of opening to the outside world.展开更多
The distortion of GDP and foreign trade data has exaggerated China's foreign trade dependence degree and external imbalance degree. The distortion of GDP is mainly caused by the difference between the exchange rate m...The distortion of GDP and foreign trade data has exaggerated China's foreign trade dependence degree and external imbalance degree. The distortion of GDP is mainly caused by the difference between the exchange rate method and purchasing power parity (PPP) estimation. The distortion of trade data includes double counting of customs statistics as well as the discrepancy between the international trade flows of goods and of capital caused by the ownership issue. The re-estimation of China's trade dependence degree and external imbalance degree reveals that according to official statistics, in 2007 the dependence degree of China's foreign trade decreased to 31.59 percent from 68.02 percent and its imbalance degree decreased to 2.11 percent from 10.13 percent. Therefore, it is utterly groundless to accuse China of "manipulating the exchange rate."展开更多
基金Supported by Guizhou Soft Science Project in 2015(2015LSK2012)Major Innovation Support Project of Guizhou Academy of Social Sciences(ZD02)
文摘The goal of economic opening to the outside world is an important basis for formulating and implementing the policy of opening. Different economic development strategies have different requirements for the degree of economic opening to the outside world. Guizhou should implement the open economy and adopt the export-oriented development strategy, which objectively requires Guizhou to gradually improve the degree of opening to the outside world.
基金supported by the National Natural Science Foundation of China(Grant No.70810107020)National Social Science Fund of China(Grant No.11CJL038)
文摘The distortion of GDP and foreign trade data has exaggerated China's foreign trade dependence degree and external imbalance degree. The distortion of GDP is mainly caused by the difference between the exchange rate method and purchasing power parity (PPP) estimation. The distortion of trade data includes double counting of customs statistics as well as the discrepancy between the international trade flows of goods and of capital caused by the ownership issue. The re-estimation of China's trade dependence degree and external imbalance degree reveals that according to official statistics, in 2007 the dependence degree of China's foreign trade decreased to 31.59 percent from 68.02 percent and its imbalance degree decreased to 2.11 percent from 10.13 percent. Therefore, it is utterly groundless to accuse China of "manipulating the exchange rate."