The Research of the Development,Problems and Countermeasures of Processing Trade in Henan Province

Processing trade is the international division of labor in Henan Province,which undertakes one of the major forms of Eastern China and foreign industrial transfer. Over the years,it has played an important role promoting economic growth,increasing foreign exchange earnings and promoting the development of new industries. However,there are still some problems in processing trade in Henan Province,such as excessive concentration of foreign trade commodity structure,lew local enterprises participation,unbalanced regional development,high logistics cost and market supervision and so on. Therefore,we should actively undertake the transfer of the eastern part of the processing trade,increase local procurement rates,improve product quality and improve the processing trade regulatory system to achieve a healthy and sustainable development of processing trade in Henan Province.