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The change in the mean value of labor is small with only 2.5% of annual growth rate. As for the trade volume, the mean values of both imports and exports jumped twofold, indicating Chinaâs increasing participation in international trade.
As can be expected, it is impossible to clearly demarcate between the. variable groups. For example, whereas international trade may be important for. technology transfer, it might also have other more direct positive effects on productivity. growth. Therefore, trade is discussed twice in this review.