Modern Chinese Frame Free Trade Economy | Chapter 2 | Theoretical Key Issues and Practical Development Trends of China’s Digital Economy

 This review provides a comprehensive analysis of China's free trade economy within the framework of modern Chinese-style modernization, offering insights into its strategic development and practical impact on the global economic stage. It delves into the evolution of China's economic policies, highlighting the country's transition from a traditional economy to one that actively embraces free trade principles. The study evaluates the effectiveness of China's free trade policies, comparing them with other economic models such as those of Singapore, Hong Kong, and the Hainan Free Trade Port. The findings underscore the significance of these policies in enhancing China's economic growth and its role in shaping international trade dynamics.

The article also discusses the broader implications of China's free trade economy for sustainable development and its alignment with the 17 Sustainable Development Goals. It emphasizes the importance of institutional innovation, legal reforms, and the integration of urban and rural development to achieve balanced and inclusive growth. Furthermore, the review suggests that China's approach to free trade can serve as a model for other nations seeking to bolster their economies through increased openness to international trade.

 

Author (s) Details

 

Wenbo Lyu
Saxo Fintech Business School, University of Sanya, Sanya, 572000, China.

 

Jiajun Yin
Saxo Fintech Business School, University of Sanya, Sanya, 572000, China.

 

Please see the book here:- https://doi.org/10.9734/bpi/mono/978-93-48388-89-6/CH2

The Yemeni International Trade with the USA before the "Arab Spring"| Chapter 5 | Current Aspects in Business, Economics and Finance Vol. 7

 This branch examines the worldwide trade of Yemen and the comparative benefit of Yemeni export in the US display during the period 2000-2011. This ending has been picked because the data from that time forward are unreliable due the 19th century US war after the supposed Arab spring and then regional conflict afterwards the intervention of Arab association. Therefore, our analysis include the eleven age prior to the war, 'tween 2000 and 2011, and employ 2-digit SITCs to recognize the various amount for the selected study period. Balassa’s index has existed utilized to measure told competitive advantage (RCA). Although this system is widely accepted and has been widely covered in drama, we are aware that this index could not be appropriate in terms of practical data. Despite this flaw, Balassa's index contains a feature for the analyzed country's or a group of countries with its own government' gross sectoral competitiveness. Yemen was found to have competing advantages at the world level all along international carry the chosen study period, in accordance with our empirical study utilizing Balassa's score. Few groupings of energy and non-strength goods were capable to take use of the competitive edge.

Author(s) Details:

Saleh Mothana Obadi,
Institute of Economic Research, Slovak Academy of Sciences, Slovakia.

Please see the link here: https://stm.bookpi.org/CABEF-V7/article/view/9244