2011 China's Trade Performance Report: World Economy Restructuring and China's Trade

232 Pages·2013·1.524 MB·English

by  Shanghai WTO Affairs Consultation Center

2011
China’s Trade
Performance Report
World Economy Restructuring
and China’s Trade
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2011
China’s Trade
Performance Report
World Economy Restructuring
and China’s Trade
Shanghai WTO Affairs Consultation Center
Z003_2011China’sTradeReport_tp.indd 2 30/11/12 10:04 AM
Published by
SCPG Publishing Corporation
401 Broadway, Ste. 1000
New York, NY, 10013
USA

2011 CHINA’S TRADE PERFORMANCE REPORT:
World Economy Restructuring and China’s Trade
Copyright © Shanghai WTO Affairs Consultation Center, 2012
Published by Arrangement with Shanghai People’s Publishing House.
All Rights Reserved.

Supported by Chinese Fund for the Humanities and Social Sciences.

This book, or parts thereof, may not be reproduced in any form or by any means, electronic
or mechanical, including photocopying, recording or any information storage and retrieval
system now known or to be invented, without written permission from the Publisher.

ISBN-13: 978-1-938368-02-8

Printed by C&C Joint Printing Co., Ltd. in Shanghai.
November29,2012 10:42 9inx6in b1464-fm WorldEconomyRestructuringandChina’sTrade 3rdReading
Introduction
TheShanghaiWTOAffairsConsultationCenter(theCenter)willcompile
anannualChina’sTradePerformanceReportasof2011.Onthebasisofthe
extensiveresearchtheCenterhasconductedondomesticandinternational
tradelawsandpoliciesandtheirimpactonChina’sforeigntrade,theCenter,
bytakingadvantageoftherichdataithascollectedovertheyears,aimsto
prepareayearlyreportwhichshallmakeananalysisofchangesinChina’s
foreign trade volume and trade flow, and present its independent view on
theimpactoftradeonChina’smacroeconomyandindustrialdevelopment.
Inthissense,China’sTradePerformanceReportisacomprehensivereport
whichshallcloselyfollowandstudychangesinexternalenvironmentsthat
China’sforeigntradefaces,thevariationsinChina’sforeigntradevolume
and flow, and the impact of foreign trade on China’s major industries and
themacroeconomy.
The 2011 China’s Trade Performance Report was written by Lei
Zhang, MingYe and BoYe from the Research Department of the Center
undertheguidanceofXinkuiWang,PresidentoftheCenter.TheLawand
Policy Department of the Center contributed basic data to the report, with
Huiling Lin, Peng Huang, Jinchao Qiu and Weihua Zhang participating
in the preparation of the report. The report also gained support from
Youwen Zhang, Research Fellow and Director of the Institute of World
Economy,theShanghaiAcademyofSocialSciences,ProfessorYongming
FanfromFudanUniversity,ProfessorJunFengfromtheShanghaiInstitute
of Foreign Trade, and Professor Baihua Gong from Fudan University.
The report was translated by Dongfeng Xu, XiaoyuWu, Mansheng Chen,
YongmeiNi,JiajiaDong,ShiwenDong,LeiZhang,MingYeandBoYe.
Please send comments or suggestions to the authors via email:
[email protected]
v
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Contents
Introduction v
1. China’sTradeEnvironmentin2010:ASteady
RecoveryoftheWorldEconomyAlong
withControlledTradeProtectionism 1
2. China’sTradePolicyin2010:StabilityasaPriority 65
3. ThePerformanceofChina’sTradein2010:
ItsFeaturesandOutlook 113
Appendix1. QuarterlyAnalysisofthePerformance
ofChina’sForeignTradeandItsCharacteristicsin2010 173
Appendix2. TheConstructionMethodof“China’s
TradePerformanceIndex”(CTPI) 209
Index 223
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Chapter 1
China’s Trade Environment in 2010:A Steady
Recovery of the World EconomyAlong with
Controlled Trade Protectionism
SinceitsaccessiontotheWTO,Chinahadbeenenjoyingarapidgrowthin
foreigntrade,whichhasbecomethemajordrivingforcebehinditssurging
economicdevelopment.However,theoutbreakofthefinancialcrisisatthe
endof2008leftChinawithafragileinternationalmarketdespitetheglobal
economic recovery stimulated by bailout measures implemented by many
countries. As a new wave of trade protectionism is rising and spreading
aroundtheworld,Chinahasbecomethemajorvictimofsuchprotectionism.
Althoughtherehasbeenagradualimprovementintheinternationaltrading
environmentsince2010followingasteadyrecoveryoftheworldeconomy,
multiple challenges for the global economy still lie ahead with controlled
tradeprotectionismbecomingatrend.
1.1. Stabilizingrecoveryofworldeconomy
andinternationaltradein2010
1.1.1. Theglobaleconomicandtraderecoveryisstabilizing,
butstabilizationonthewholeisuneven
Afterbeinghitbyasevererecessionfromtheendof2008to2009,theworld
economy underwent an unexpected recovery in 2010, thanks to monetary
and fiscal stimulus policies adopted on an unprecedented scale. Since
1