A Glance at China’s For­eign Trade

China Pictorial (English) - - Contents - Edited by Zhou Xin

The China In­ter­na­tional Im­port Expo, which is sched­uled to kick off in Shang­hai on Novem­ber 5, has at­tracted mas­sive global at­ten­tion. Since China’s re­form and open­ing up that started in the late 1970s, the coun­try has quickly jumped into the world divi­sion of la­bor, and its trade re­la­tions with other coun­tries have ave be­come in­creas­ingly close ever since. Dur­ing the process of “made in China” prod­ucts be­com­ing pop­u­lar around the world, China’s pop­u­la­tion of nearly 1.4 bil­lion has emerged as a key spend­ing force, pur­chas­ing an n in­creas­ingly huge vol­ume of in­ter­na­tional goods and ser­vices. The fol­low­ing data show­cases the changes in China’s im­ports and ex­ports across the four decades since the re­form and open­ing up as well as China’s re­cent jump in im­ports.

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