Trade Resources Economy China Has Changed to Be Capital Exporting From Commodity Exporting

China Has Changed to Be Capital Exporting From Commodity Exporting

Gao Hucheng,Minister of commerce, saidChina's exports would qualitatively change and capital output characteristics will be embodied through the foreign trade data. China has combined foreign investment and foreign trade together. Through the strategy, China will also be outputing while exporting capital goods, which trends to be more and more obvious. China will keeps capital exporting and commodity exporting at the same time, which will become more apparent.

Since China's entry to the WTO, by the time of rapid economic growth, commerce and foreign direct investment have shown a strong growth, which means China has changed to be capital exporting from commodity exporting.

However, China's overseas net worth is just about half of Japan's. China still has a long way to go.

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Foreign Trade Data Embodied China's Character of Capital Export
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