China's export structure evolution:Patterns and insights
In recent years,China's economic development has entered a"new normal",with economic growth shifting from high-speed to medium-high-speed,accompanied by a slowdown in export growth.Against the backdrop of this slo-wing trend and the construction of the"dual circulation"development pattern,the importance and necessity of upgrading the export structure have become increasingly prominent.This paper systematically analyzes the evolution of China's ex-port structure since the reform and opening-up,particularly over the past two to three decades.The focus is on the dy-namic characteristics of key indicators such as the structure of export commodities,processing trade exports,export di-versification,and the technological complexity of exports.The research reveals that significant adjustments have been made to China's export structure since the reform and opening-up,with notable progress in transformation and upgrading.Specifically,the share of resource-intensive and labor-intensive products in exports has gradually declined,while the share of medium to high-tech manufactured goods has increased.The"two ends outside"processing trade model has im-proved,with general trade becoming the primary component of exports compared to processing trade.Additionally,Chi-na's export portfolio has shifted from a relatively singular focus on products and target markets to a more diversified range of products and markets.The technological content of export products has also risen,gradually catching up with advanced industrialized nations,leading to the continuous optimization and upgrading of China's export structure.Based on these findings,the paper also provides an outlook on the potential characteristics and trends of China's exports in light of the ongoing domestic industrial upgrading and significant changes in the international environment.
export structuretransformation and upgradinginternational tradestructural change