• DocumentCode
    2921657
  • Title

    The Impact of Global Financial Crisis on China´s Trade in Forest Product and Countermeasures

  • Author

    Cao Yu-kun ; Guo Hong-fei

  • Author_Institution
    Sch. of Econ. & Manage., Northeast Forestry Univ., Harbin, China
  • Volume
    4
  • fYear
    2009
  • fDate
    26-27 Dec. 2009
  • Firstpage
    580
  • Lastpage
    583
  • Abstract
    China is a great power of forest product producing, processing, consumption and the import and export country in the world. The total volume of the import and export of forest product ranks second in the world, which is next to the United States. The main target market of China´s forest product focuses on the harder hit area of financial crisis such as the Europe and the United States. The depression of the estate and construction industry in America as a major consumer of forestry product directly influenced the foreign trade of China´s forestry product. The high external independence degree of China´s forestry economy has a great impact on its development. The paper emphasizes the impact of global financial crisis on China´s forestry product trade and the relative measures taken by Chinese government. Furthermore, some suggestions and countermeasures are proposed to cope with the financial crisis.
  • Keywords
    financial management; forestry; international trade; macroeconomics; wood products; Chinese trade; construction industry depression; countermeasures; estate industry depression; export; foreign trade; forest product processing; forest product production; forestry economy; global financial crisis; import; Conference management; Crisis management; Engineering management; Europe; Financial management; Forestry; Government; Innovation management; Large-scale systems; Power generation economics; global financial crisis;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering, 2009 International Conference on
  • Conference_Location
    Xi´an
  • Print_ISBN
    978-0-7695-3876-1
  • Type

    conf

  • DOI
    10.1109/ICIII.2009.599
  • Filename
    5369670