Path Analysis On China Export Trade Structure Under The Financial Crisis

American subprime mortgage crisis broke out and resulted in the world financial crisis which is the worst ever since 1930s depression. The storm swept the globe area rapidly, and then expanded sphere of influence from the virtual economy to the real economy. The country and the economy all over the world pay more and more attention to this financial crisis and watch out for it. In China, as the fourth-largest world economy, the greatest trading nation in the world, it is very difficult to be independent in this financial storm. Especially the influence on our export trade structure become more and more obviously.In this paper, path analysis on China export trade structure under the financial crisis is main subject. At first, expound financial crisis's background, formation mechanism, evolution and development. At the same time, give the object of this paper, the concepts involved in the structure of export trade defined, including the commodity structure, the main structure, mode structure, and regional structure in four areas, then introduce the profile of China's export trade structure. On this basis, the paper summarizes the path of impact for the RMB exchange rate changing path, foreign direct investment changing path and other paths, including the demand affected paths, market and trade policies affect the path, study respectively and specially.During the research process, the paper combinative normative and empirical analysis, using the data to explain the path of impact. In this paper, the perspective is an innovation. Being different from other studies, the paper strives to analyze the path of impact comprehensively, so more focus on"path"and less attention on"result". In this paper, the method is also an innovation. By collecting China's export trade related data from 2004 to 2009, and then selecting reasonable data and variables, using Engie-Granger analysis to analyze the FDI impact on China's export trade structure.Reflecting on these paths of impact, in the end of the paper, we raise some advises to prevent and relieve these paths, including: improving the RMB exchange rate mechanism actively; guiding foreign direct investment scientifically; optimizing the industrial structure to upgrade the export trade further; pulling domestic demand energetically; adjusting the export tax rebate policy for domestic exporters actively; using WTO dispute settlement mechanism to deal with trade protectionism. In order to enhance China's export trade's ability to weaken the impact of financial crisis and improve its development.