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Summary and Analysis of the Foreign Trade Situation since the Reform and Opening up in China

Xingdan Zheng

Abstract


In order to analyze the basic situation of China's foreign trade since the reform and opening up, this paper summarizes the basic situation of China's foreign trade in the 40 years of reform and opening up in 1980-2018 based on the data of the official website of the National Bureau of Statistics of China (NBS) and creates charts. The data observation results show that except for the trade deficit in the 1980s, China's economic surplus, total imports and total exports rose in a straight line in the past 40 years. The rise in the '00's and the' 10's was much smaller than that in the previous 20 years, but it also stabilized a lot, which was a steady growth. The reference data shows that this is a normal phenomenon. It was predicted that China's foreign trade would grow more steadily, which is closely related to the foreshadowing decision made by the country now. China will maintain its leading position in the world while maintaining its economic growth.


Keywords


Basic Situation of Foreign Trade; Total Imports; Total Exports; Surplus; Deficit; Chart Observation

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DOI: http://dx.doi.org/10.18686/fm.v5i2.1614

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