search query: @indexterm INTERNATIONAL TRADE / total: 2170
reference: 405 / 2170
| Author: | Jia, Jinsi |
| Title: | On the role of foreign trade in economic growth (original in Chinese) |
| Journal: | Finance and Trade Economics (c)
1998 : 6, p.30-33 |
| Index terms: | INTERNATIONAL TRADE ECONOMIC GROWTH |
| Language: | chn |
| Abstract: | After 20 years' reform and opening up, China has almost got rid of shortage economy. Currently, 98 percent of means of production and means of livelihood has realized the condition of supply exceeding demand or the balance between supply and demand. On the other hand, after 20 years accumulation of foreign capital utilization, the balance of China's foreign debts has amounted to more than $120 billion and the accumulated absorption of foreign capital has amounted to over $220 billion. In order to avoid economic crisis, we must maintain the balance of the current account better with a slight surplus. At present, the best developing speed for China's economy should reach 10 to 10.5 percent. |
SCIMA