Measuring and Evaluating the Development Mode of Xinjiang's Foreign Trade
The transformation in the development mode of foreign trade is a crucial component of the shift in eco-nomic growth patterns.The high-quality development of Xinjiang's economy will inevitably drive the transforma-tion and upgrading of its foreign trade development mode.The article evaluates the contribution of total factor pro-ductivity(TFP)to Xinjiang's foreign trade growth and finds that the current development of Xinjiang's current for-eign trade development is still in the primary stage of transitioning from a traditional mode driven by capital invest-ment and extensive operation to an intensive and digitalized mode.To accurately evaluate the traceable trajectory of the transformation in Xinjiang's foreign trade development mode,the article selects four major indicator sys-tems:trade volume,trade structure,trade efficiency,and sustainable trade development to comprehensively mea-sure the effectiveness of the transformation.The existing problems in the development mode of Xinjiang's foreign trade were also identified.Based on these research conclusions,it is proposed to accelerate the transformation of Xinjiang's foreign trade development mode by optimizing industrial structure,promoting the optimization of export commodity structure,developing digital trade,and adhering to sustainable trade development.
development mode of foreign tradetotal factor productivitysustainable developmentXinjiang