the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …

as in Melitz (2003). We then estimate China's productivity growth at the industry level and use our model to quantify … what would have happened to real incomes throughout the world if nothing but China's productivity had changed. We find that … average real income in the rest of the world increased by a cumulative 0.48% from 1992-2007 due to China's productivity growth …