2018DEStech Transactions on Social Science Education and Human ScienceOpen access

Challenges and Countermeasures of China’s International Trade Under the Background of “One Belt One Way”

J. Lin

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Abstract

In recent years, world economic growth is getting weaker, global trade has also undergone tremendous changes into the growth downturn. At the same time, international trade has developed a trend of anti-globalization, which caused China's international trade growth continued to decline and lower than the GDP growth. However, China put forward the strategic plan "One Belt One Way ", which promotes the closer relationship between China and countries along the route. This is a necessary way to promote economic cooperation in Asia and an important part of China's response to the severe challenges of the world economy. So how to effectively and rationally solve the trade friction between countries become the common problems of China and countries along the route. Therefore, in order to ensure the suitability of international economic rules and better solve international trade, energy disputes and other issues to promote the steady development of the world economy, we analysis the development of China's international trade in recent years, and summarize the challenges of China's international trade, then give the countermeasures to promote a better development of China's international trade.

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In recent years, world economic growth is getting weaker, global trade has also undergone tremendous changes into the growth downturn. At the same time, international trade has developed a trend of anti-globalization, which caused China's international trade growth continued to decline and lower than the GDP growth. However, China put forward the strategic plan "One Belt One Way ", which promotes the closer relationship between China and countries along the route. This is a necessary way to promote economic cooperation in Asia and an important part of China's response to the severe challenges of the world economy. So how to effectively and rationally solve the trade friction between countries become the common problems of China and countries along the route. Therefore, in order to ensure the suitability of international economic rules and better solve international trade, energy disputes and other issues to promote the steady development of the world economy, we analysis the development of China's international trade in recent years, and summarize the challenges of China's international trade, then give the countermeasures to promote a better development of China's international trade.

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Available abstract

In recent years, world economic growth is getting weaker, global trade has also undergone tremendous changes into the growth downturn. At the same time, international trade has developed a trend of anti-globalization, which caused China's international trade growth continued to decline and lower than the GDP growth. However, China put forward the strategic plan "One Belt One Way ", which promotes the closer relationship between China and countries along the route. This is a necessary way to promote economic cooperation in Asia and an important part of China's response to the severe challenges of the world economy. So how to effectively and rationally solve the trade friction between countries become the common problems of China and countries along the route. Therefore, in order to ensure the suitability of international economic rules and better solve international trade, energy disputes and other issues to promote the steady development of the world economy, we analysis the development of China's international trade in recent years, and summarize the challenges of China's international trade, then give the countermeasures to promote a better development of China's international trade.

Key concepts: China, International trade, Globalization, Order (exchange), Trade barrier, Economics, Economic globalization, Economic integration

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