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Research on Innovative Strategies and Practices for Optimizing Guangzhou's Foreign Trade Dependence

Author(s)

Yang Lihua

Affiliation(s)

Guangdong Polytechnic of Science and Technology, Guangzhou, China

Abstract

The article explores the optimization strategies for Guangzhou's foreign trade dependence, focusing on three major strategies: diversified market layout, innovation-driven development strategy, and coordinated development of service trade and goods trade. It is pointed out that Guangzhou needs to reduce its dependence on a single market by diversifying its market layout, enhance its core competitiveness in foreign trade through implementing an innovation-driven development strategy, and promote the coordinated development of service trade and goods trade to optimize its foreign trade structure and achieve high-quality foreign trade development. The implementation of these strategies will help Guangzhou reduce its foreign trade risks, enhance its international competitiveness, and provide strong support for the sustainable and healthy development of the economy and society.

Keywords

Guangzhou's Foreign Trade Dependence; Diversified Market Layout; Innovation-driven Development Strategy; Coordinated Development.

References

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