This book mainly focuses on the miracle of China's foreign trade in
the past 40 years from five perspectives: first, it briefly reviews
the import substitution strategy China adopted before its
opening-up; second, it analyzes the export-oriented strategy that
contributes a lot to China's economic growth since 1980s; third, it
discusses the impacts of trade liberalization and China's
participation in WTO on Chinese firms; forth, it addresses the
deepening opening-up in the context of global financial crisis;
last, it provides policy advice on China's newly conducted
all-around opening-up strategy. By dividing China's opening-up into
five stages, this book offers a comprehensive discussion to
understand and analyze the reason, performance and challenge of
China's economic growth from the perspective of foreign trade.
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