Under the influence of the global economy recession, the world goods exports, in dollar terms (nominal terms) registered a 23% drop in 2009, at a level of USD 12.1 trillion, the fall being larger than most economists had predicted. In 2009, commercial services exports registered a drop of 13 per...

Based on the Smile Curve and Michael E. Porter’ value chain model, this paper points out that China’s forestry industry stays at the low end of the value chain for a long time. Raw materials are imported from foreign countries and also sold in foreign countries. Then, the authors...