China High-Tech Product Foreign Trade Development Strategy Study

It was illustrated according to China customs statistics that China high-tech product' s import and export volume reached $34.52 billion which increased 32.4% compared with the data of last year' s corresponding period. The import volume was $17.61 billion and increased 33.4% as following;the export volume was $16.91 billion and increased 31.4%. The first month' s performance creates a promising one. The growth of high-tech product means that such kind of product has become the new drive force to the growth of China foreign trade during the 5 years of executing ' the strategy of revitalizing trade through science and technology' (the "STRATEGY"). And according to statistics, the volume of high-tech product has already reached to nearly one third shares of the whole year's foreign trade volume. The foreign trade volume of high-tech product has been a strong pillar to China foreign trade. For the consideration of the fact that the effects of high-tech product's increment and stock has been increasingly enlarging, the article's research on the development strategy has a periodical practical significance.Based on the facts that China high-tech product foreign trade volume fast increasing, trade structure concentrating in many aspects, trade competitive power becoming stronger than before the STRATEGY was implemented, the article analyses trade structure, trade competitive power, trade directions and trade strategic choice of China high-tech product and expatiates the pillar components from five aspects to the development of China high-tech product. And after reviewing the facts, looking for the theoretical and actual reasons, it analyses the chances and challenges to China high-tech product foreign trade, and it thoroughly forecasts the development of the short, middle and long term trade volume and trade structure. Finally it gives out the conclusions including the strategic arrangements and measures to the development of China high-tech foreign trade.The article makes use of theoretical analyzing, statistical inducing, comparing analyzing and other study methods. Based on the facts and data, it sums up and induces the situations and characteristics of China high-tech product foreign trade. It also forecasts trade volumes in many periods including short, middle and long terms with econometrical methods, which is the main innovative point of this article.In the last part of the article which is strategic arrangements and measures, it reaches to the conclusion that in the 11th five year period China high-tech product foreign trade should obey the guide line which is "making overall plans and take all factors into consideration, putting up inside and abroad, taking us as the first one, making use by us" , and transit from highly dependant on the abroad to grow by ourselves aiming at to obtain competitive advantage from cost leading and diversification strategy. What' s more, the STRATEGY should be upgraded to "the strategy of strengthening trade through science and technology", and it gives out corresponding key measures.