Analysis of Factors Affecting Total Imports and Exports of Jiangsu Province Based on Multiple Linear Regression Model
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In the past 40 years of reform and opening up, China's economy has maintained rapid development and growth. Import and export trade is the engine of economic growth. In recent years, Jiangsu's import and export trade has expanded rapidly, becoming a major foreign trade province, and has achieved leapfrog development and connotative improvement in terms of trade methods, business entities, trading partners, and import and export structure. The glorious achievements in the development of Jiangsu's import and export trade have benefited from the country's reform and opening up policies and institutional changes, as well as the results of comprehensive promotion of factors such as manufacturing and foreign investment. The development of import and export trade has played an important role in Jiangsu's economic growth, industrial structure upgrade and employment stability. Since 2000, Jiangsu's regional GDP has been in the forefront among the selected 30 provinces and cities. The total value of imports and exports of goods accounted for more than 1/4 of the country's total imports and exports. Therefore, this paper focuses on the development of Jiangsu Province. An empirical study of the factors affecting the total export value will provide a reasonable basis for the rational formulation of policies to promote the development of Jiangsu's import and export trade.
Total imports and exports, empirical analysis, suggestion