Foreign Trade Dependence Degree and Trade Strategy Adjustment in China
PEI Changhong PENG Lei (Institute of Finance and Trade Economics, CASS, 100836)
Whereas there is presently a dispute on our country whether foreign trade dependence degree is reasonable or not, this paper first clarifies the conception. It summarizes the causes of high foreign trade dependence as well as commentates on the limitation of definition. By analyzing inconsistency between foreign trade dependence degree and foreign trade contribution rate, the paper indicates that, in recent years, the tendency of "promoting export by importing" is more and more obvious in our trade practice. If this is not corrected, the economy would be damaged in long terms, thereby adjustment of trade strategy is in emergency.