Abstract:
Based on Zhejiang Province’s leapfrogging development in foreign trade exports (rising from the 4th to the 2nd nationwide in export volume), this study analyzes the key pathways for its transition from a major foreign trade province to a strong open economy. By stimulating the vitality of the private sector, optimizing trade structures, diversifying market expansion, and strengthening cross-border e-commerce, Zhejiang has achieved resilient growth. The paper systematically examines the current opportunities and challenges facing Zhejiang’s foreign trade sector and proposes four high-quality development strategies: Expanding Infrastructure Investment, Building a Globally Connected Trade Network; Enhancing the Business Environment, Strengthening Policy Support for Enterprise Globalization; Implementing Innovation-Driven Development, Breaking Trade Barriers Through Technological Breakthroughs; Engaging in International Rule-Making, Shifting from “Follower” to “Leader”. The research results provide solutions with both theoretical value and practical significance for the high-quality development of extroverted enterprises in Zhejiang Province.
Cite: Chen, J., Xu, M. R., Li, Z. L., Zhou, T. Y., Li, W. J. (2026). Policy Recommendations for the High-quality Development of Export-oriented Industries in Zhejiang Province. The Review of Finance and Economics, 1(1), 1-17.