The economic position of China

ZhaoPeng Jian

Bachelor's thesis

Abstract:

The main purpose of this thesis is to study the important factors of China's economic growth in the past 20 years, mainly from the structural analysis of China's economy and foreign trade. The following conclusions can be drawn: In the practical part, according to the economic development of China's foreign trade in the past 20 years, the changes in the import and export volume of China's foreign trade are analyzed. The data analysis of China's import and export trade with the United States and Russia is used. Through the macroeconomic analysis The indicators can be concluded: China has shown a steady increase in the demand and consumption of Chinese residents in the past 20 years, which also reflects the continuous increase of China's economic level. China's economic market is also constantly expanding. From China's foreign trade structure, it can be seen that the relatively large number of trade commodities imported by China are non-agricultural primary products, first of which are machinery and transportation equipment products. The resources and energy used for production must be imported from abroad. The second is primary food products, which is basically an upward trend. The structure of China's export commodities is different. However, industry plays a major role, and the export value of machinery and electronic equipment has gradually begun to increase, which also plays a prominent role in driving China's economic development. Through the analysis of the RCA index, we can see that China has a certain international competitiveness in medical products. However, there is still a significant gap with the United States, and the international competitiveness in electrical machinery is increasing. After 2006, the RCA index stabilized at above 1.25, indicating that China's exports of such commodities have strong international competitiveness. However, in food and metal mines, the competitiveness has been declining, and it is in a weak position. In contrast, the export of metal mines in Russia is highly competitive globally. Although it has declined slightly, it still maintains a relatively dominant position.

Keywords

developing country, developed country, transition, economic growth, world economy

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 24. 11. 2022

Obhajoba závěrečné práce

• Vedúci: doc. Ing. Irena Benešová, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / odbor:
Economics and Management / Economics and Management