China’s Imports Technology Structure and Its Relationship with Trade Partners: 1995-2011

Wei Hao and Li Xiaoqing

School of Economics & Business Management, Beijing Normal University, Beijing, China

 

Abstract:  This paper uses the latest data to analyze the historical patterns and the current situation of the technology structure of China’ commodities imports, the structure of China’s commodities imports from 19 countries and regions, and China’s interdependent relationship with its trade partners on the basis of studying 230 kinds of manufactured products categorized by their technological intensity. The results show that during the period of 1995-2011, the share of low technology (low-tech) products and medium technology (medium-tech) products declined; the share of primary products, resource-based products, and high technology (high-tech) products increased; high-tech products had taken the largest share, bypassing low-tech and medium-tech products, as early as 2000; different types of countries exported different kinds of commodities to China and had different positions in China’s imports; China had relatively high interdependent relations with Japan, South Korea and China’s Taiwan; China had relatively low interdependent relations with the United States, Germany, France and the Netherlands; China’s import dependence on major developing countries and emerging developing countries was less than these countries’ export dependence on China; China was the leading export destination for major developing countries and emerging developing countries. Generally speaking, the development of China’s import trade is inclusive, and China shares its growth with other countries. It not only promotes developing countries’ exports but also enhances developed countries’ exports.

Keywords: China, import, commodity structure, trade partner, dependence

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