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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

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

Kym Anderson

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199678204.003.0023

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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