The rise of China’s foreign trade: from FDI to “go global”

YU Peiwei ( 于培伟 )
Policy Research Department of the Ministry of Commerce
Editorial Note:  In 1978, China began to open its door to the outside world. After three decades of step-by
step reform, the country has developed into the world’s fourth largest economy with a growth rate continuing in the
double digits. What has been the nature of China’s reform? What achievements have been made? In this article, the
author takes an in-depth look at these questions, delivering an analysis of China’s 30-year transformation.

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