An empirical study on the influence of Gansu foreign trade scale on
economic growth

Wenjing Qiu

doi:10.1117/12.2624585

19 December 2021 An empirical study on the influence of Gansu foreign trade scale on economic growth

Wenjing Qiu

Proceedings Volume 12128, Second International Conference on Industrial IoT, Big Data, and Supply Chain; 1212811 (2021) https://doi.org/10.1117/12.2624585
Event: 2nd International Conference on Industrial IoT, Big Data, and Supply Chain, 2021, Macao, China

Abstract

With the proposal of "One Belt and One Road", the foreign trade of Gansu Province has become the main factor affecting the economic growth. As the intermediate link of "One Belt and One Road", since the proposal was put forward, Gansu's foreign trade has entered a stage of rapid development, and the trade volume has increased rapidly. This paper analyzes the development status of Gansu's economy and foreign trade, and selects the residents' consumption, total foreign trade, and GDP of Gansu from 1995 to 2017 as the research objects to study the impact of Gansu's foreign trade on economic growth. The results show that the increase in foreign trade will promote the economic growth of Gansu. Based on the results of empirical analysis, the paper puts forward some feasible suggestions for the development of foreign trade in Gansu.

Citation Download Citation

Wenjing Qiu "An empirical study on the influence of Gansu foreign trade scale on economic growth", Proc. SPIE 12128, Second International Conference on Industrial IoT, Big Data, and Supply Chain, 1212811 (19 December 2021); https://doi.org/10.1117/12.2624585

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