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Is Wuyi an introverted economy?
export-oriented economy in a broad sense refers to economic exchange activities in trade, capital, technology and labor in the world. In a narrow sense, export-oriented economy refers to an economic activity that is oriented to the international market and aims at earning foreign exchange through export. China's export-oriented economy, which was vigorously developed in the 198s, is an economic activity in a narrow sense. Its basic form is the combination of import substitution and export substitution, with export substitution as the main one. Its capital utilization is mainly foreign aid, and its products are mainly exported; Industry-oriented economic structure is dominated by industry.
It is obvious that Wuyi is an export-oriented economy with export substitution as the main factor.
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