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Chapter 57 The Beginning of a Beautiful Age(2/2)

China has successfully joined the WTO and the International Trade Organization.

In other words, China can export cheap goods to foreign countries according to the most-favored-nation trade treatment.

Clothes, shoes, underwear, underwear.

Various low-value-added low-end handicrafts have blossomed in the coastal areas of Jiangsu and Zhejiang.

Countless small factories have risen from the ground and rely on exporting low-end industrial products to the outside world. They have also supported countless people and led to countless jobs.

After a brief pain and sacrifice of some people, China's economy began to recover.

However, it began to transform from the former introvert economy to a foreign trade economy dominated by exports.

The low employment costs and various costs have attracted a large number of foreign companies to invest in factories.

The proportion of foreign trade in China's economy is getting higher and higher, and in a short period of time, it even reached 40%.

In this era of globalization and nationalization, the Chinese are really getting happier and happier.

After entering this historical trend, the importance of ten thousand households seems to be less important.

High-tech can earn foreign exchange, and clothes, shoes and socks can also earn foreign exchange.

Is high technology so difficult?

Why use high-tech to earn foreign exchange?
Chapter completed!
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