search query: @author Yao, Jian / total: 2
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| Author: | Yao, Jian |
| Title: | The driving force of sustained growth: a basic under standing of processing trade in utilizing foreign investment (original in Chinese) |
| Journal: | Intertrade (c)
1997 : 11, p.18-20 |
| Index terms: | FOREIGN INVESTMENT INTERNATIONAL TRADE CHINA |
| Language: | chn |
| Abstract: | In China's foreign trade, the import and export trade conducted by means of processing trade is growing rapidly. In 1996, for instance, according to the statistics of the Customs, the proportion of the above trade volume to China's foreign trade volume reached 50.5%. The policy of processing trade is an important component of China's policy of utilizing foreign investment. There is preferential policy towards the imports and exports under the processing trade. Domestic enterprises' processing imported materials is an effective form of utilizing foreign investment and developing local economy. There is no difference between it and the usually mentioned general trade. The processing trade is mainly manifest as foreign-operated one. |
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