China in the World Trade

Historic Progress in China's Foreign Trade. The Development of China's Foreign Trade Contributes to the World Economy. Constructing All-round Economic and Trade Partnerships with Beneficial Cooperation. Realizing Sustainable Development of Foreign Trade.

Рубрика Международные отношения и мировая экономика
Вид курсовая работа
Язык английский
Дата добавления 09.02.2015
Размер файла 910,5 K

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Raising import and export enterprises' sense of social responsibility. As China opens wider to the outside world, more and more enterprises have come to realize that along with development and expansion they should shoulder their corresponding social responsibilities. This can not only help promote social harmony and progress, but also enhance enterprises' competitiveness and capacity for sustainable development. Advocating the Scientific Outlook on Development and the idea of a harmonious society, Chinese governments at all levels encourage enterprises to enhance their sense of social responsibility, respect labor rights, safeguard consumers' rights and protect the ecological environment. In the meantime, the Chinese government encourages enterprises to accept relevant social responsibilities in the field of foreign trade and try to get necessary certifications. Since the new Law on Labor Contracts and its implementation regulations took effect in 2008, import and export enterprises have established the system of “five insurances” (old-age insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance), as well as a housing fund. The Chinese government regards it as an important task in the course of promoting foreign trade transformation and upgrading to enhance enterprises' sense of social responsibility. It is therefore determined to strengthen publicity and training in this regard, establish and improve a management system marked by integrity for import and export enterprises, improve public supervision on enterprises to make sure they fulfill their social responsibilities, carry out international cooperation in fostering and managing enterprises' sense of social responsibility, and call on import and export enterprises to constantly enhance their performance in this regard.

Promoting international cooperation in emerging industries of strategic importance. To develop new strategic industries is of great significance for China to realize foreign trade transformation and upgrading, and sustainable development. After over 30 years of reform and opening up, China has seen its overall strength grow remarkably, its science and technology advancing and its industrial system improving markedly, laying a solid foundation for the development of emerging industries of strategic importance. However, compared to developed countries, these industries in China are still in their infancy. In the wake of the 2008 international financial crisis, all the world's major economies have been developing emerging industries at a faster pace, and China has taken the development of these industries as an important task in the course of its industrial rejuvenation. To promote the priority areas, while giving play to the basic role of the market in allocating resources, the Chinese government has strengthened its policy guidance, regulated market order, improved its investment environment and encouraged enterprises to enhance their technological innovation capabilities. This basic policy of supporting emerging industries of strategic importance conforms to international trade rules. China is willing to strengthen communication with other countries in scientific research, technological development and capacity building, and work with them to create a new situation for international cooperation and development in emerging industries.

Conclusion

At present, the underlying impact of the international financial crisis, the protracted, arduous and complicated nature of the world economic recovery is manifesting itself, and the global economic structure and trade layout face in-depth readjustment. China will make new adjustments to its foreign trade, in an effort to turn foreign trade from scale expansion to quality and profit improvement, and from mainly relying on its low-cost advantage to enhancing its comprehensive competitive edge, thereby turning China from a big trading country to a strong trading power.

China's foreign trade is still hampered by many uncertainties and is bound to meet new difficulties and challenges. During the 12th Five-year Plan period China will open itself wider to the outside world as a driver for further reform, development and innovation, make full use of its advantages, strengthen international cooperation in all respects, and integrate itself into the world economy on a wider scale and at a higher level. China is willing to work with its trading partners to cope with the various challenges facing the world economy and trade, and promote its foreign trade to realize a more balanced, coordinated and sustainable development, and share prosperity and mutually-beneficial results with its trading partners.

Bibliography

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2. Crawford Jo-Ann and Roberto V. Fiorentino, 2005, “The Changing Landscape of Regional Trade Agreements”, WTO discussion paper No. 8. [Available at] http://www.wto.org/english/res_e/booksp_e/discussion_papers8_e.pdf.

3. Whalley John, 2008. "Recent Regional Agreements: Why So Many, Why So Much Variance in Form, Why Coming So Fast, and Where Are They Headed?," The World Economy, Wiley Blackwell, vol. 31(4), pages 517-532, 04.

4. Anderson, J. and E.V. Wincoop. 2003. “Borders, Trade and Welfare”. Brookings Trade Forum 2001, Susan Collins and Dani Rodrik, eds., Washington: The Brookings Institute, 207-244.

5. Fiorentino Roberto V., Luis Verdeja and Christelle Toqueboeuf, “The Changing Landscape of Regional Trade Agreements: 2006 Update”, WTO discussion paper No. 12. [Available at] http://www.wto.org/english/res_e/booksp_e/discussion_papers12a_e.pdf.

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9. World Tariff Profiles 2013, WTO. [Available at] http://www.wto.org/english/res_e/publications_e/world_tariff_profiles13_e.htm.

10. Wong, A. 2012. “Measuring Trade Barriers: An Application to China's Domestic Trade”. Job Market Paper, University of Chicago, January 2012.

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12. Grossman, G.M. (1999), `Imperfect Labor Contracts and International Trade', NBER Working Paper Series No.6901, National Bureau of Economic Research: Cambridge.

13. Yue, C. and Hua, P. (2002), `Does Comparative Advantage Explains Export Patterns in China?' China Economic Review, 13:276- 296.

14. Schmidt, J.D. (2006), `China's “Soft Power” Re-Emergence in Southeast Asia', Copenhagen Discussion Paper No.2006-13, Asia Research Centre, Copenhagen Business School: Denmark.

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