Foreign Trade Growth and Economic Development in China: Retrospective and Future Prospects

The reform and opening-up policy implemented since 1978 has brought about radical economic change in China, especially to its foreign trade and foreign investment institutions, which in turn created a national economic and foreign trade miracle. This book draws together the experiences of China’s foreign trade and analyzes the causes of the trade gap between China and developed countries. It provides a historical, theoretical and empirical analysis that reviews China’s foreign trade system, the evolutionary process of foreign institutions, and discusses the future growth of foreign trade against the backdrop of an uncertain international environment.