The paper “ Characteristics and Performance of the Chinese Export Market” is a forceful variant of the statistics project on macro & microeconomics. China is a country that is known to be highly populated. As such, the country has to come up with ways of sustaining its large population as well as its large economy. Exports are one of the major ways that the Chinese government assists its citizens to develop in business. The China export industry boasts of exporting almost all industrially manufactured products to Africa and a large part of Asia.
This export trade started along time ago with China exporting some of their goods that included metalware and jewelry. With the improvement in the export trade, the Chinese business analysts set up a plan that sought to make China the world’ s largest exporter. These analysts undertook a study to identify the products that were needed by the external market and then they undertook the process of producing these products in large quantities. (James Agarwal, 1990)In addition to producing products, Chinese citizens also sought more educational knowledge so that they could understand the market trends and formulate functional export business systems.
Over the years, China ranks among major world economies due to the strength of its export market. In addition to having a stable export system, China has gone a step further and developed a good business relationship with many third world countries. This development helps the country’ s businesspersons to get more demand for their products in the foreign market. The history of China’ s success in business dates back to the 70s when China was getting business development loans from Japan.
It is at this time that China started encouraging its citizens to venture in enterprise businesses. (Kaufman-Scarborough, 2006)This was a follow-up of the movement that Mao Zedong had started that sought to give China a great leap forward. The Chinese people worked hand in hand with the government getting subsidies and investing in highly profitable businesses and in the late 80s, China’ s export industry had already started booming. They were supplying a large part of Asia as well as a considerable part of the other continents.
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