Empirical analysis of the influencing factors of sugar imports in China
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We study the factors influencing the sugar imports in China. A multivariate linear regression model for quantitative analysis in established and the model is researched with multicollinearity treatment, autocorrelation and heteroscedasticity test. Research result shows that the per capita income and price fluctuation are not the main factors affecting the sugar import in China, but the domestic sugar production and consumption are the key factors. The substitution effect of sugar substitute has been weakening relatively, exchange rate should be an important factor on sugar imports in the future. Finally, suggestions on how to improve the pattern of the import trade and to enhance the international competitiveness of Chinese sugar are put forward.