Export Effect of FTA - Based on Smart Economy

Abstract

In the Sino-US trade war, China's exports have been affected to a certain extent. China needs to develop smart economy to eliminate the crisis. In the uncertain situation of Sino-US trade relations, how to maintain the driving force of foreign trade for economic growth has become the top priority of China's trade policy. It is a good choice to seek new market and open up the original market. Establishing regional trade agreements with trading partners is a good trade policy tool. In order to examine the impact of FTA on China's exports, this paper selects the data from 2000 to 2011 to test the effect of FTA signed by China on China's exports. In this paper, the least square estimation method is used. The results show that the FTA signed by China has promoted China's exports by more than 50%.