Title: History of trade of the People's Republic of China - Wikipedia
Headings: History of trade of the People's Republic of China
History of trade of the People's Republic of China
Contents
Internal trade and distribution
Agriculture
Industry
Lateral economic cooperation
Retail sales
Foreign trade
History of Chinese foreign trade
Trade policy in the 1980s
Organization of foreign trade
Ministry of Foreign Economic Relations and Trade
Foreign trade corporations and enterprises
Financial transactions and investment
Other organizations involved in trade
Composition of foreign trade
Trading partners
Tourism
See also
References

Content: (January 2016)
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Aspect of history
Trade is a key factor of the economy of China. In the three decades following the Communist takeover in 1949, China's trade institutions developed into a partially modern but somewhat inefficient system. The drive to modernize the economy that began in 1978 required a sharp acceleration in commodity flows and greatly improved efficiency in economic transactions. In the ensuing years economic reforms were adopted by the government to develop a socialist market economy. This type of economy combined central planning with market mechanisms. The changes resulted in the decentralization and expansion of domestic and foreign trade institutions, as well as a greatly enlarged role for free market, s in the distribution of goods, and a prominent role for foreign trade and investment in economic development. In 2013 China surpassed the United States as the largest trading nation in the world and plays a vital role in international trade, and has increasingly engaged in trade organizations and treaties in recent years. China became a member of the World Trade Organization in 2001. China also has free trade agreements with several nations, including China–Australia Free Trade Agreement, China–South Korea Free Trade Agreement, ASEAN–China Free Trade Area, Switzerland and Pakistan. Contents
1 Internal trade and distribution
1.1 Agriculture
1.2 Industry
1.3 Lateral economic cooperation
1.4 Retail sales
2 Foreign trade
2.1 History of Chinese foreign trade
2.2 Trade policy in the 1980s
2.3 Organization of foreign trade
2.3.1 Ministry of Foreign Economic Relations and Trade
2.3.2 Foreign trade corporations and enterprises
2.3.3 Financial transactions and investment
2.3.4 Other organizations involved in trade
2.4 Composition of foreign trade
2.5 Trading partners
3 Tourism
4 See also
5 References
Internal trade and distribution
Agriculture
Approximately 63 percent of the population was located in rural areas, where the majority of people worked in agriculture and rural industries.