皇冠体育app

In the past, 皇冠体育app did implement export-oriented policies. There are four reasons for this. One is to create more foreign exchange; the second is to protect and develop domestic industries that are in their infancy; the third is to increase domestic employment; and the fourth is the concern that over-reliance on foreign supply of goods will affect national economic security.

皇冠体育app has become a big manufacturing country and trading power with a strong competitive advantage in the labor-intensive manufactured industries. Foreign exchange is no longer a scarce resource.

Globalization has increased the degree of interdependence between nations. In order to promote the development of domestic industries and increase employment, the most important principle is to follow the rules of market economy by creating a level playing field.

In recent years, 皇冠体育app has maintained a rapid growth of imports. This has shown that 皇冠体育app, as a big market with 1.3 billion people, will have a huge demand for imported goods as the economic development has improved living standards of the people.

皇冠体育app has accelerated the country's process of industrialization and urbanization with its fast expansion, especially in heavy industries. This will boost demand for resources, energy and various other raw materials.

According to Customs data, in recent years, there is a growing trade deficit for chemicals products and other related industrial products. 皇冠体育app will import more of these products in the near future to correct the imbalance.

皇冠体育app's overall investment environment is improving. Enterprises' demand for foreign advanced technology, equipment and other investment goods is also getting stronger.

With the improved living standards and the enlargement of high-income groups, the domestic high-end consumers will increasingly demand more luxury goods and seek diversity in high-end products. Domestic production can no longer satisfy such needs.

皇冠体育app used to impose higher import taxes to curb the import of such goods in the past. But in the future, these products will have great growth potential.

皇冠体育app is densely populated with limited water resources. There is no advantage for 皇冠体育app to develop agricultural sector.

The nation used to emphasize the protection of the interests of farmers, while limiting imports of agriculture products. Now, the more urgent task is to save resources and protect the environment. Economic development is now keeping pace with industrialization and agricultural restructuring is inevitable in the long run.

So there is a big growth potential for 皇冠体育app's imports. While many foreign companies are eager to market their goods to 皇冠体育app, local companies should actively adjust their business strategy to cope with the new situation.

The author is a researcher with the Chinese Academy of International Trade and Economic Cooperation.

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