World economy has been entering the regulatory and transitional period of structure and mode since the 2008 world compound economic crisis. With the new technological and industrial revolution still in gestation, the economy is in the Schumpeter Super Long Cycle transitional phase. These factors determine that the world economic growth has maintained at a low level. China's macroeconomic policy has implemented structural adjustment, expansion of domestic demand, and the advancement of reform, which equals to the voluntary abandonment of high growth. Therefore, China's foreign trade is not only constrained by the world economy, but also by domestic factors, and slows down with the economic slowdown under the pressure of the monetary policy such as high interest rate, etc. In 2014, the world economy may be slightly better than in 2013, and China will continue promoting economic reform. These positive factors will become the main driving force of promoting export growth. China's traditional export advantage is being lost. We suggest making policies to encourage our machinery, automobile, equipment manufacturing exports, enhance the level of exports of the new generation of information products, create new competitive advantages, and push China's foreign trade development into a new stage.
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