The international influence of China's economy has

The international influence of China's economy has continued to increase in the past 70 years

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core tip: in 2018, China's import and export volume of goods reached US $4.6 trillion, an increase of 223 times from 1978. At the same time, the main body of China's export commodities has changed from agricultural and sideline products to industrial products, and labor-intensive products represented by light textile have been replaced by capital intensive products represented by electromechanical products. The proportion of high-tech products in China's export commodities continues to rise, reaching 30% by 2018

in the 1950s, the commodity name with the word "foreign" was once a part of Chinese daily language. Matches are called "foreign fire", kerosene is called "foreign oil", bicycles are called "foreign horses", and nails are called "foreign nails". At that time, China could only produce a small number of consumer goods for daily use, and many goods and industrial equipment came from abroad

nowadays, China has become the "world factory", with the output of hundreds of products ranking first in the world, including bicycles, furniture, and cars. Chinese cities Huludao, Zigong and Yiwu may not be well-known overseas, but they are the world's largest swimsuit producing area, simulated dinosaur producing area and Christmas gift trading platform respectively

Chinese young people have long forgotten the commodity name beginning with the word "foreign", but all kinds of imported goods, including American cranberries and German beer, have never been so common in Chinese daily life as they are now

"from the perspective of investment, China has always been the most attractive place." Luochangping Town, a global consulting company, will rely on lamberg 3 The tortuous process needs to be carried out in a stable movement, said Dai Pu, executive partner of Greater China

the scale of China's trade in goods has increased rapidly and the structure has been continuously optimized. In 2018, China's import and export volume of goods reached US $4.6 trillion, an increase of 223 times from 1978. At the same time, the main body of China's export commodities has changed from agricultural and sideline products to industrial products, and labor-intensive products represented by light textile have been replaced by capital intensive products represented by electromechanical products. The proportion of high-tech products in China's export commodities continues to rise, reaching 30% by 2018

the importance of trade in services in China's foreign trade is increasing. According to the statistics of the world trade organization, which directly leads the innovation and practice of pipeline insulation technology, China's service import and export ranked the world's No. 34 in 1982, rising to No. 2 in 2014, and has maintained this position for five consecutive years. Insurance services, financial services, telecommunications, computer and information services and other knowledge intensive emerging services trade accelerated development and became a new growth point

China's utilization of foreign capital has increased steadily. With the deepening of reform and opening up and the continuous improvement of the investment environment, China has become the developing economy with the largest inflow of foreign capital for 27 consecutive years. By the end of 2018, China had established more than 960000 foreign-invested enterprises, and the actual use of foreign direct investment exceeded US $2trillion

"at the beginning, foreign-funded enterprises recognized the labor cost advantage provided by China, which also prompted China to become a global manufacturing base for their export products. As time goes by, their focus has turned to China's domestic market since 2000... For many enterprises, China is now their largest market." Tang Yadong, Secretary General of the European Chamber of Commerce in China, told

in a factory in Zigong, Sichuan Province, workers are making simulated dinosaurs. Zigong, Sichuan is the largest production base of simulated dinosaurs in the world. Dai Pu pointed out that China has an "unparalleled" investment environment for foreign enterprises, including a perfect industrial system, efficient infrastructure, a huge domestic market, well-educated human resources and the use of new technologies

a month ago, with the accession of six provinces and regions including Shandong, Jiangsu and Guangxi, the number of China's free trade zones increased to 18, providing greater experimental space for exploring the direction of reform and improving the business environment. Wang Jun, member of the academic committee of the China Center for international economic exchanges, pointed out that this is a clear signal sent by China to the world: "China will continue to uphold the position of safeguarding economic globalization and unswervingly expand opening up."