Research on the Influence of Import Trade on China's Employment: Empirical Analysis Based on Provincial Panel Data

Abstract

With the opening up of foreign trade, various economic issues have become obvious. In addition, due to the impact of the COVID-19 in 2020, the dilemma of ‘difficult employment’ has a certain impact on China's economic development. In the context of internationalization, import trade has a significant impact on the employment level of different countries through a variety of mechanisms. As a developing country and a big trading country, the study on the impact of import trade on the level of labor in China has a strong practical guiding significance. By empirical analysis, we reached the conclusion that import has a restraining effect on employment of the whole country and the eastern, central and western regions; import has restrained the total employment in the three industries as well.