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Is there a future for foreign trade?
With China's economic development and technological progress, the structure of export products will gradually change from extensive primary processing to high-tech and high value-added products, and the number of products may decrease continuously, and some types of products will be eliminated. The European debt crisis, the weak economic recovery in the United States and other factors will also restrict China's future exports! Continued appreciation of the renminbi will also curb exports and stimulate import consumption.
However, China's economic development will also greatly increase imports and gradually increase opportunities for domestic trade. 10~20 years, China will become the center of the world economy, and there is a strong demand for foreign language talents. Generally speaking, foreign trade (export+import) is still the focus of China's economy.
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