Foreign trade plays an important strategic role in China’s economic development.It is also one of the engines of economic growth. Processing trade has become a verycrucial part of China’s foreign trade. since the accession to the WTO ten year, thestructural optimization of foreign trade and exports in Henan Province. In2001, thetotal import and export volume in Henan province only$2.79billion, And in2011hasreached30billion dollars, with an average annual growth rate of26.8%. Process tradeimport and export volume from$1.03billion in2003to$12.82billion in2011,ranking the first of the six central provinces. Processing trade has not only made greatcontributions to foreign trade, pushed the development of domestic accessoryindustries, facilitated the adjustment of domestic industrial structure and techniqueupgrade,but also increased employment and improved labor qualities. Meanwhile,processing trade is also an indispensible content and approach of China’s FDIutilization.In recent years,China is expediting the policy’s adjustment of processingtrade,in order to gradually change its development mode,optimize exportationstructure, restrain over speed increase of low value-added and technologicalexportation,decrease trade friction,relieve the pressing problem brought by hugesurplus,promote the industrial chain to set up R&D and design in top position.intensive development in middle section and marketing service extension in lowerposition. Realize sustainable development of growth mode and social economy.Companies involving in this area are incented for independent innovation and thedevelopment from manufacture to design and independent brand. The policy will setguidance to processing trade to transfer from the coastal area to the mid-west area andspecial zones that implement close management. Adhering to the state’s regional economic development strategy, we need to expedite a reasonable,unique developinglayout. Difference policy will be implemented to promote its harmonious development.By means of investigation in processing trade companies,organizing relatedcompanies,government departments and some specialists in Henan province, It alsomakes analysis on feasibilities of Henan’s processing trade development and putforward of8suggestions, combining factors from China’s strategic choice,Henan’sstrategic role in regional economic development,Henan’s five leading industries,major carriers to government services,investment costs,environment advantages aswell as development spaces,and then put forward the policy recommendations of thetransfer of processing trade development in Henan Province from eastern. |