IISD Paper “China’s Sustainable Trade Strategy: An overview”

Oct 15, 2010 | Corporate Member News

» Guoqiang Long, IISD, 2010. Paper, 20 pages, copyright: SECO

China’s emergence as a big player in world trade is a significant development in the global trade system. China introduced its trade reform policy at the end of the 1970s when China ranked 32nd among nations in global trade, due to China’s “Import Substitution” strategy. Thirty years later, China became the world’s largest exporter.

China’s fast trade development is attributed to its implementation of a strategy and policy featuring “active absorption of foreign direct investments and encouragement of foreign trade development” for the sake of coping with global economic integration and international industrial relocation. This strategy has accomplished immense results; however, it has faced growing challenges. The swift expansion of China’s economy has given rise to increasingly severe problems regarding resources, energy and the environment. Globally, the fast growth of China’s trade volume has triggered an increasing number of trade frictions between China and other countries and caused relations between China and other countries to become more complicated.

Under such new circumstances and in lieu of recent national changes and relations with the rest of the world, China must implement a sustainable trade strategy. In this paper, the author analyzes three areas of a sustainable trade strategy. Section 1.0 is a review of the evolution of China’s foreign trade, Section 2.0 analyzes the challenges that China’s foreign trade now faces, and Section 3.0 discusses the overall train of thought and main content of a sustainable trade strategy.

Access the paper here.

About the International Institute for Sustainable Development

The world is challenged by a changing climate, biodiversity loss, abject poverty and environmental degradation. What can make a difference? Good ideas. Creativity. Passion. Innovation. The achievement of change.

IISD is in the business of promoting change towards sustainable development. As a policy research institute dedicated to effective communication of our findings, we engage decision-makers in government, business, NGOs and other sectors in the development and implementation of policies that are simultaneously beneficial to the global economy, the global environment and to social well-being.

In the pursuit of sustainable development, we promote open and effective international negotiation processes. And we believe fervently in the importance of building our own institutional capacity while helping our partner organizations in the developing world to excel.

Established in 1990, IISD is a Canadian-based not-for-profit organization with a diverse team of more than 150 people located in more than 30 countries. Through our dynamic portfolio of projects, we partner with more than 200 organizations throughout the world. To learn more about our history, please visit the IISD Timeline.

Click here to learn more about our project work and programs, which are guided by our strategic institutional directions. And please visit our IISD Linkages site to follow our coverage of international negotiations on environment and development.

IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United States. IISD receives core operating support from the Government of Canada, provided through the Canadian International Development Agency (CIDA), the International Development Research Centre (IDRC) and Environment Canada, and from the Province of Manitoba. The Institute receives project funding from numerous governments inside and outside Canada, United Nations agencies, foundations and the private sector.

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