The Opportunities And Challenge That The Financial Crisis Brings To Import And Export Commodity Structure Optimization

In the year of 2007,the subprime mortgage crisis that erupted in the United States ,made the economy prosperity in America into a regression. At the same time ,because of the link between financial derivatives, the European developed countries had also been affected. Subsequently, the crisis intensified ,resulting in the global economy into a panic. In the background of economic globalization, China's economy has also been shocked and affected, emerging the phenomenons, such as negative growth in imports and exports ,development of related industries stagnated, investment growth began to slow down and so on. However, we should see that the crisis has also brought opportunities for China's economic development. In the impact of the crisis, plenty of backward production facilities had been eliminated. If we can make good use of the market selection mechanism and increase the elimination of the backward production facilities, and foster the leading industries, then it is also a good time for the Chinese industrial structure and import and export commodity structure to upgrade.The Target of this paper is to optimize the Chinese import and export commodity structure, and study the China's economic structure and economic development stage, systematicly analyze the causes of the global financial crisis, as well as the impact on China, import and export commodity structure theory, upgrading and optimization of the industrial structure, economic policy and other issues, and do some empirical analysis on the related issues, combined with China's actual economic development, and at last conclude with specific policy recommendations.This paper has six chapters, the introduction starting with the background and basic theory, primarily focuses on the causes and development of the financial crisis, and the significance of this study, then give an overview of the China's economic structure and situation. The first chapter reviews the research by the domestic and foreign scholars, on the import and export commodity structure and the associated growth theory, discusses the upgrade options of the import and export commodity structure ,and makes a judgement on the adaptability and limitation of these theory.Based on theoretical analysis of the first chapter, the second chapter describes our country foreign trade development with large amount of data, from the reform and open up, and also reveals in the process of the evolution of China's import and export commodity structure problems. Chapter 3 to chapter 5, study the influence of foreign trade, expanding domestic and industrial structure adjustment on the import and export commodity structure, indicates a specific mechanism of action and direction of adjustment.The final chapter, chapter 6,mainly in summing up the results of above analysis, based on the knowing the competitive situation that China faces in the international trade, discusses the strategic choice of optimization of China's import and export commodity structure, put forward the restructuring of China's trade strategy and measures.