Trade Promotion and Assistance in People’s Republic of China and Hong Kong

G. M. Naidu; Zhao Xiaodi; Allan K.K. Chan

doi:10.1007/978-3-319-17320-7_91

Trade Promotion and Assistance in People’s Republic of China and Hong Kong

G. M. Naidu
, Zhao Xiaodi
, Allan K.K. Chan

Research output: Chapter in book/report/conference proceeding › Chapter › peer-review

Abstract

With the economic reforms of 1979, the People’s Republic of China has embarked on a mission to move from a planned economy to a socialist market economy. China’s GDP has grown from $25 billion in 1978 to $691 billion in 1995 with an average growth rate of nearly 10 percent during the past 17 years. China is the fifth largest economy in the world and 11th largest trading nation as of the end of 1995. China has the largest trade surplus with the United States. Trade promotion in the PRC is through attraction of foreign direct investments and offering incentives to the foreign enterprises to enhance exports. This policy ensures PRC transformation from its traditional export base of low tech, labor intensive raw materials, silk, textiles, toys, and agricultural products to engineering goods, semifinished goods, and industrial products. China has promoted trade through the attraction of foreign direct investment and preferential tax treatment for enhancement of exports.

Original language	English
Title of host publication	Proceedings of the 1997 World Marketing Congress
Editors	Samsinar MD Sidin, Ajay K. Manrai
Publisher	Springer Nature
Pages	332-333
Number of pages	2
Edition	1st
ISBN (Electronic)	9783319173207
ISBN (Print)	9783319173191, 9783319369440
DOIs	https://doi.org/10.1007/978-3-319-17320-7_91
Publication status	Published - 25 Jun 2015

Publication series

Name	Developments in Marketing Science: Proceedings of the Academy of Marketing Science
ISSN (Print)	2363-6165
ISSN (Electronic)	2363-6173

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities

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10.1007/978-3-319-17320-7_91

Cite this

Naidu, G. M., Xiaodi, Z., & Chan, A. K. K. (2015). Trade Promotion and Assistance in People’s Republic of China and Hong Kong. In S. MD. Sidin, & A. K. Manrai (Eds.), Proceedings of the 1997 World Marketing Congress (1st ed., pp. 332-333). (Developments in Marketing Science: Proceedings of the Academy of Marketing Science). Springer Nature. https://doi.org/10.1007/978-3-319-17320-7_91

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abstract = "With the economic reforms of 1979, the People{\textquoteright}s Republic of China has embarked on a mission to move from a planned economy to a socialist market economy. China{\textquoteright}s GDP has grown from \$25 billion in 1978 to \$691 billion in 1995 with an average growth rate of nearly 10 percent during the past 17 years. China is the fifth largest economy in the world and 11th largest trading nation as of the end of 1995. China has the largest trade surplus with the United States. Trade promotion in the PRC is through attraction of foreign direct investments and offering incentives to the foreign enterprises to enhance exports. This policy ensures PRC transformation from its traditional export base of low tech, labor intensive raw materials, silk, textiles, toys, and agricultural products to engineering goods, semifinished goods, and industrial products. China has promoted trade through the attraction of foreign direct investment and preferential tax treatment for enhancement of exports.",

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Trade Promotion and Assistance in People’s Republic of China and Hong Kong. / Naidu, G. M.; Xiaodi, Zhao; Chan, Allan K.K.
Proceedings of the 1997 World Marketing Congress. ed. / Samsinar MD Sidin; Ajay K. Manrai. 1st. ed. Springer Nature, 2015. p. 332-333 (Developments in Marketing Science: Proceedings of the Academy of Marketing Science).

Research output: Chapter in book/report/conference proceeding › Chapter › peer-review

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Trade Promotion and Assistance in People’s Republic of China and Hong Kong

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UN SDGs

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