Trade and foreign direct investment (FDI) play a crucial role in shaping China's development strategies. The development of China's economy creates strong pressures for continuous restructuring. China therefore explores how trade and FDI affect China's development strategies regarding the process and pattern of restructuring. The book aims to provide the reader with findings that shed new light on the related issues and problems. The first chapter introduces the topics, and subsequent chapters enter into theoretical discussion and empirical analysis of trade, FDI, and development strategies, followed by a concluding final chapter.

• Based on a rigorous theoretical framework
• Applies various statistical and econometric methods
• Uses rich and comprehensive data

Yanqing Jiang is associate professor at Shanghai International Studies University, in Shanghai, China. His recent research is mainly on China's opening up, growth and development. He started his research in this area in 2004 when he was affiliated to the Hanken School of Economics and the Helsinki Centre of Economic Research as a doctoral researcher in Helsinki, Finland. He has published many articles on China in various refereed journals.

Unbalanced development in China; Foreign trade and its potential effects on development; Foreign direct investment and its potential effects on development; Economic change and restructuring; Dual economy and development strategies; Static and dynamic comparative advantages; Transaction efficiency and patterns of specialization; Economies of scale and Industrial agglomeration; Knowledge-based development strategy and knowledge economy; Environmental factors and sustainable development.