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责任编辑：陈诗静

（Institute of Latin America，CASS，Beijing 100007，China）

Abstract：Expanding the export of green products is of great significance for China to improve export structure and quality， and improve the position in global value chain. To better understand China’s potential in international trade of goods and the position in global trade of green products，the authors summarize and collect China’s exports data of 114 green products from the existing literature and conducts empirical research using panel data of 195 countries from 2002 to 2018. China is one of the largest exporting countries of green products，the second large importing country of that，and one of the very few developing countries which are capable of producing such amount of this kind of products. Traditionally，developed countries are China’s major partners of trades in green products. However，recent data has proved the increasing importance of emerging economies. The technology level and the sufficiency level of oil and gas of the importing countries have significant positive impacts on China’s green product exports. However，OECD membership and the Montreal Treaty membership do not show significant positive impacts. Meanwhile，tariff level and the bilateral FTA also show less relevancy on China’s export potentials. To further expand China’s export of green products，besides tax reduction and policy encouragement，we should promote technological innovation， reduce cost，develop new green products，strengthen global cooperation，enhance the Chinese enterprises’advantage in terms of green products production and technology R&D，and expand the international influence of green products. China's trade potential in green products for developing economies still has enormous room for development，and expanding these markets also echoes the Belt and Road Initiative to achieve green and sustainable development through green trade and green cooperation.

Key words：green product；export potentials；augmented gravity model；international trade；PPMLHDFE