Abstract: This article selects the matching data of the Chinese industrial enterprise database and the customs import and export trade database from 2008 to 2013, and uses the counterfactual reasoning method to measure the quality of Chinese enterprises′ export products to discuss the impact of the economic “removal from reality” on the quality of enterprises′ export products. The study finds that: economic “removal from reality” suppresses the quality of Chinese enterprises′ export products by squeezing out the investment of physical capital and reducing the profits of real enterprises. The result is still reliable after the robustness test and endogenous test.The expansibility analysis shows that the economic “removal from reality” has a greater inhibitory effect on the quality of export products of private enterprises than that of state-owned enterprises; the inhibitory effect on the quality of export products of processing trade enterprises is greater than that of general trade enterprises; the inhibitory effect on the quality of export products of labor-intensive industries is greater than that of capital intensive industries; the inhibitory effect on the quality of export products of industries with high financing constraints is greater than that of low financing constrains the industry.Through the test results of heterogeneous enterprises, the paper finds that the economic“removal from reality” has a greater inhibitory effect on the export product quality of enterprises with higher productivity.

Key words: economic “removal from reality”;export product quality, Chinese enterprises