Strategic Research of China's Foreign Trade Based on Balanced Development of Import and Export Trade

Since the reform and opening up (1978), China's economic take-off, to a great extent, has benefited from the tremendous achievements of the development of foreign trade. China's import and export trade has experienced a leapfrog development in the past thirty-plus years since then: the total volume of foreign trade increased to 3642, 05 billions of dollars in 2011 from $20, 64 billion in 1978, the ratio of total trade volume in the world up to 20% from 0.78% in the corresponding period. The growth of China's foreign trade has not only made enormous contribution to its own economic and social development, but also immensely advanced its international standing and influence.