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中国外贸出口影响因素的实证分析.docx

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中国外贸出口影响因素的实证分析 Abstract: SincethereformandopeningupofChina,foreigntradehasplayedaninherentlyimportantroleinthedevelopmentofthenationaleconomy.China’sforeigntradeexporthasincreasedexponentially,makingitoneoftheprimaryfactorsinChina’seconomicgrowth.ThispaperprovidesanempiricalanalysisofthefactorsthatinfluenceChina’sforeigntradeexport.Byanalyzingthedatacollectedovertheyears,theresearchconcludedthatthethreesignificantfactorsthathaveimprovingChina’sforeigntradeexportsarethedomesticimportingmarket,foreigndemand,andtheexchangerateofthecurrency. Introduction: China'seconomyhasseentremendousgrowthinthepastfewdecades,anditsforeigntradehasplayedavitalroleinthisexpansion.ForeigntradeexportshavebeenoneofthemostsignificantcontributorstoChina'sGDPsinceitsreformandopeningup.Overtheyears,Chinahasbecomethelargestexportergloballybycontributingover13%oftheworld’stotalshareofexports. China'sforeigntradeexportshavehelpedthenationpromoteeconomicgrowth,industrialrestructuring,andjobcreation,whichattractsforeigninvestmentandtechnologyinflows.Therefore,understandingthefactorsthathaveasignificantimpactonChina'sforeigntradeexportisessentialforpolicymakersinformulatingfavorabletradepolicies. FactorsinfluencingChina'sForeignTradeExport: 1.DomesticImportingMarket: Thedomesticmarketservesastheprimarysourceforrawmaterialsandfinishedgoodsthatarethenexportedoverseas.Animprovedlivingstandard,anincreaseindisposableincome,andagrowingmiddleclassinChinahaveresultedinincreaseddemandforspecialtygoodsandimportedproducts. Thus,anincreaseindemandforimportedgoodsreflectspositivelyonChina'sforeigntradeexportindustry,givingitachancetoenhanceitsproductioncapacity.So,asanimportingnation,China'sexportvalueisinfluencedbythedomesticimportingmarketsignificantly. 2.ForeignDemand: ForeigndemandisanotherfactorthatdirectlyaffectsChina'sforeigntradeexportindustry.ItreferstothedemandforChinese-madeproductsglobally.TheforeigndemandforChinesegoodscanreflectthequalityofgoodsandcustomerdemandtoasignificantextent.Thestrongexport