LONG-TERM TRENDS IN CHINA'S FOREIGN TRADE
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F23%3AA0000404" target="_blank" >RIV/47813059:19520/23:A0000404 - isvavai.cz</a>
Result on the web
<a href="https://www.narodacek.cz/conference-proceedings-2023/" target="_blank" >https://www.narodacek.cz/conference-proceedings-2023/</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
čeština
Original language name
LONG-TERM TRENDS IN CHINA'S FOREIGN TRADE
Original language description
The main goal of the article is to analyze the impact of foreign trade on China's position in the world economy. This is not a description of short-term trends and the reaction of the economic centre, but we focus on the long-term processes that are associated with changes in the mechanisms of economic functioning. Based on our understanding of the Chinese economy after World War II, there were three basic periods concerning foreign trade, characterized by a different approach to external relations. Each of these periods is semantically unique in meaning and, therefore, specific. We focused our attention not only on the selected macroeconomic indicators, such as gross domestic product, export performance, foreign investment inflows and outflows, but also on China's share of world gross domestic product. To achieve statistical relevance, we compared macroeconomic data in the monitored phases through the median. The values achieved clearly demonstrated fluctuations in the economic activity of the Chinese economy and changes in the position of foreign trade. Our research shows that the Chinese economy has already begun a qualitative change from an export- oriented economy to internal growth in the first decade of the 21st century.
Czech name
LONG-TERM TRENDS IN CHINA'S FOREIGN TRADE
Czech description
The main goal of the article is to analyze the impact of foreign trade on China's position in the world economy. This is not a description of short-term trends and the reaction of the economic centre, but we focus on the long-term processes that are associated with changes in the mechanisms of economic functioning. Based on our understanding of the Chinese economy after World War II, there were three basic periods concerning foreign trade, characterized by a different approach to external relations. Each of these periods is semantically unique in meaning and, therefore, specific. We focused our attention not only on the selected macroeconomic indicators, such as gross domestic product, export performance, foreign investment inflows and outflows, but also on China's share of world gross domestic product. To achieve statistical relevance, we compared macroeconomic data in the monitored phases through the median. The values achieved clearly demonstrated fluctuations in the economic activity of the Chinese economy and changes in the position of foreign trade. Our research shows that the Chinese economy has already begun a qualitative change from an export- oriented economy to internal growth in the first decade of the 21st century.
Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the International Scientific Conference ECONOMIC POLICY
ISBN
9788087291344
ISSN
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e-ISSN
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Number of pages
19
Pages from-to
252-270
Publisher name
Vysoká škola PRIGO
Place of publication
Ostrava
Event location
Ostrava
Event date
Jan 1, 2023
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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