The Growth of Balance of Payments and China”s Foreign Competitiveness
First of all, this paper presents the definition of foreign competitiveness based on the framework of balance of payment. According to the theory of balance of payments growth, the balance of current account is the key factor of a country changing from a debtor nation to a creditor nation. So we emphasized the structure of current account and factors affecting it. The main contents of this paper are trade in goods and services and investment income,.which are listed in the current account. Through researches on the factors affecting foreign competitiveness of China, the result indicates that the stage of balance of payments growth, technological progress, inward of direct investment, and the development of private enterprises have significant effects on China”s foreign competitiveness.
Foreign Competitiveness Current Account International Trade International Investment
Li Wen
Shanghai Institute of Foreign Trade, Shanghai, P. R. China, 201600
国内会议
上海
英文
140-159
2010-11-26（万方平台首次上网日期，不代表论文的发表时间）