Author(s)

Hengxu Zhang,Tongxin An

Corresponding Author

Tongxin An

ABSTRACT

By collecting the data of China's import and export volume and the three major industrial structures from 1997 to 2016, this paper studies the relationship between China's import and export trade and the third industrial structure by using ADF unit root test and cointegration test, and draws a conclusion that there is a long-term and stable relationship between China's import and export trade and the three major industries. For the tertiary industry, import has promoted its proportion, but export has restrained its proportion. Generally speaking, China's import and export trade has played an optimizing role in the industrial structure, promoting the proportion of tertiary industry to continue to increase, and achieving the "321" industrial structure optimization. At the same time, through the further optimization of the structure of foreign trade commodities and modes, we can better play the role of foreign trade in promoting the optimization of industrial structure.

KEYWORDS

Import and export trade, technological innovation, China's industrial structure, transformation and upgrading