Analysis on Regional Imbalance of China’s Foreign Trade and Its Dynamic Evolution Based on Big Data Technology

Yiming Zhao,J Li,J Wu,K Chen

doi:10.1051/e3sconf/202125302060

Abstract

Foreign trade promotes the development of regional economy, and the imbalance of foreign trade will inevitably lead to economic in-coordination among regions, thus affecting China’s overall development. This paper introduces big data technology, constructs an imbalanced index of foreign trade imbalance, and uses WebCrawler technology to obtain data from 2000 to 2019 to empirically study the imbalance and dynamic evolution of foreign trade in the three major regions of East, Central and West. The results show that our country does have an imbalance in foreign trade between regions, but the overall degree of external dependence has declined, and the imbalanced index of China’s foreign trade has dropped from 1.39 in 2000 to 1.15 in 2019, and its dynamic evolution process has gradually improved, indicating that China’s attention to the balanced development of foreign trade has been effective.

Highlights

Since the 19th National Congress of the Communist Party of China, China’s foreign trade development has entered a ‘new era’ of the conversion of old and new momentum, showing the characteristics of more coordinated regional development of foreign trade, higher quality of export products, and innovative methods
Foreign trade is one of the important forces that promote the economic development of a country, and the high growth rate of income makes Chinese exporters choose to save a large part of their trade income, which leads to a large accumulation of China's foreign exchange reserves[1]
The arrangement of this study are as follows: the first part is the introduction section; the second part introduces the principle of WebCrawler technology in big data technology; the third part introduces the development and structural characteristics of China’s three major regions of foreign trade in the past 20 years; the fourth part is the design of model and the empirical analysis of the imbalanced index, the last section is the conclusions and policy recommendations

Summary

Introduction

Since the 19th National Congress of the Communist Party of China, China’s foreign trade development has entered a ‘new era’ of the conversion of old and new momentum, showing the characteristics of more coordinated regional development of foreign trade, higher quality of export products, and innovative methods. Most scholars hold a positive attitude in the study of the impact of foreign trade on national income, national economy and regional economic development differences. Based on the above considerations, this study constructed an imbalanced index and used the data from 2000 to 2019 to study the regional imbalances in China’s foreign trade process during the past 20 years, and has conducted research on the dynamic development of this imbalances. The arrangement of this study are as follows: the first part is the introduction section; the second part introduces the principle of WebCrawler technology in big data technology; the third part introduces the development and structural characteristics of China’s three major regions of foreign trade in the past 20 years; the fourth part is the design of model and the empirical analysis of the imbalanced index, the last section is the conclusions and policy recommendations

WebCrawler technology

Basic characteristics of China’s foreign trade

Imbalanced index of foreign trade

Findings

Conclusions and recommendations policy