Research on the transformation and upgrading of foreign trade in Jiangsu province under the background of "One Belt and One Road" policy
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DOI: 10.23977/WTED2020.029
Author(s)
Hao Pan, Lixin Ye
Corresponding Author
Hao Pan
ABSTRACT
Since the reform and opening up, Jiangsu Province, as a province that has a huge influence on China's national economy, has always been at the forefront of the country in terms of various trade indicators. However, with the continuous decline of China's demographic dividend and the rising cost of labor and land, Jiangsu's advantage in foreign trade is steadily weakening. With the proposition of the new policy “Belt and Road”, Jiangsu's foreign trade development has ushered in a new situation. In this article, the author analyzes such policy conditions as a background, and in this context takes the issue of foreign trade in Jiangsu Province as an analysis point, and then finds a development direction that is beneficial to the province's foreign trade. Finally, Make relevant suggestions and opinions.
KEYWORDS
"One Belt and One Road", Jiangsu, Foreign trade, Transformation and upgrading