Urgency Required in Changing the Growth Mode of China's Foreign Trade

Presently China mainly relies on the low cost of production factors and introducing advanced foreign technology to create an international competitive edge.Thepresent foreign trade growth mode,which is charaterized of quantitative expansion,labor-intensive and low prices,low e ciency,unsustained,is facing lots ofdifficulties.The problems such as the worsening terms of trade,the huge trade surplus,too much dependence on foreign trade,the rising prices of production factors,difficulties in the introduction of high technology,excessive consumption of resources,environmental pressures exacerbated the situations.Therefore,China mustadopt effective measures into a sustained and high efficiency foreign trade growth mode,which is supposed to be described as optimization of export commoditystructure,market diversification,mainly relying on independent innovation and independent brands,promoting trade with science and technology,rationaliztion ofindustrial structure,focusing on high added value.