Highlights :

• Since the global crisis, China's foreign trade is no more driven by its involvement in the global supply chains (i.e. by processing trade) but its dynamics stems from China’s domestic demand and supply (ordinary trade).
• Foreign-funded enterprises operating in China have taken strong positions in imports for the domestic market and become more integrated in the local production system.
• Chinese private firms have emerged as dynamic players, increasing their exports of unsophisticated goods to emerging countries.
• In the 2000s, primary products and high-end consumer goods have taken a growing share of imports for the domestic market (ordinary imports).
• The European Union has kept its strong position in China’s ordinary imports, thanks mainly to German exports of consumer goods as well as equipment goods.

 Abstract :
Since the global crisis, China's foreign trade is no longer driven by its involvement in the global supply chains (i.e. by processing trade) but its dynamics stems from China’s own domestic demand and supply.   For foreign funded enterprises, China is less and less a production base for export and more and more a domestic market to be captured, as shown by their growing involvement in ordinary trade.  The demand for high-end consumer goods has benefited European exporters, especially to Germany.

 Keywords : China | Growth model | FDI | Foreign trade | Domestic market

 JEL : F2, F1, F15, F23, 053