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The Oxford Companion to the Economics of China$
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Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang

Print publication date: 2014

Print ISBN-13: 9780199678204

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199678204.001.0001

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China’s evolving trade composition

China’s evolving trade composition

(p.150) 22 China’s evolving trade composition
The Oxford Companion to the Economics of China

Kym Anderson

Oxford University Press

This chapter discusses China's trade composition. The share of manufacturing in China's merchandise exports, for instance, grew from 30 per cent in the mid-1950s to nearly 50 per cent by the late 1970s. By 1987 that share was two-thirds and it reached 93 per cent by 2011. The share of the textiles and clothing sub-sector over the past 100 years has traced an inverted-U shape, beginning at 6 per cent, gradually rising to 36 per cent in 1987, but then falling rapidly since then to 6 per cent again by 2011. The share of fuel and minerals in China's total merchandise imports has grown from 6 per cent to 24 per cent over the two decades to 2011, while the share of farm products in total imports has declined.

Keywords:   international trade, exports, imports, Chinese trade

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