Importance of Importation Over Exportation in China's Economic Growth Revealed.
The article analyzes how foreign trade impacts China's economic growth from 1978 to 2004. By using various statistical tests, the researchers found that both imports and exports contribute to China's economic growth. In the short term, exports have a stronger impact, while in the long term, imports have a greater effect. Importing goods is more sustainable for economic growth compared to exporting. These findings are crucial for shaping China's foreign trade policies.