France's foreign trade situation has recovered. It is predicted that export growth will be faster than import in 2022

出海易/ 2022-05-09
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recently, the French government released a forecast report on the macroeconomic situation of France in the next four years. According to the prediction of the French Ministry of economy, by 2022, France's exports will grow faster than imports, and the government's support policies in the field of foreign trade will begin to achieve results

according to the forecast released by the French Higher Council of public finance, the economic growth of France will be 2% and 1.9% respectively in 2018 and 2019, in which household consumption and business investment will become the main driving force to boost economic growth. "The current economic situation in France has reached its best level since the mid-1990s," said the head of the agency Meanwhile, according to the recent assessment of the French Ministry of economy, the long-term annualized average growth rate of France will reach 1.25% in the future. With the promotion of the reform measures of the French government, the economic recovery will be more stable

the French academic circles generally believe that the current warming situation of the French economy is more "inherited" the "reform heritage" of the former government. According to the research report released by the French Macroeconomic Research Institute, from 2013 to 2016, the French economy has shown a momentum of recovery, which mainly benefited from the public expense reduction and tax reduction of enterprise competitiveness and employment deductible tax implemented by the Hollande government, which effectively promoted the profit increase in the field of foreign trade by 5.7 percentage points, reaching the best level since the 1970s, It has increased the market share and influence of export enterprises, so that enterprises have sufficient funds for diversified investment

French media pay more attention to the improvement trend of competitiveness. The French "echo" pointed out that the French government believes that with the promotion of its "stability plan", the competitiveness of the French economy will be effectively improved within the current government's five-year term of office, and foreign trade exports will be significantly higher than imports, which will effectively boost economic growth. Although the expectations of all parties tend to be positive, the real performance of the foreign trade field needs to be observed. The current forecast shows that the contribution of the French foreign trade field to the economy in 2019 is still small

(Editor: Liu Xinwei)

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