CCTV Financial Review - 7.01 trillion yuan! Where is the new driving force to improve the quality of foreign trade?

出海易/ 2022-05-09
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the General Administration of Customs released data on April 12. In the first quarter, the total import and export value of China's goods trade was 7.01 trillion yuan, a year-on-year increase of 3.7%, realizing a stable start. Specifically, in March this year, China's foreign trade import and export reached 2.46 trillion yuan, an increase of 9.6%, effectively driving the recovery of the overall growth rate of foreign trade in the first quarter

What are the new highlights of the new foreign trade data? How to improve the quality of foreign trade? On the evening of the 13th, CCTV financial review invited Zhang Jianping, director of the regional research center of the Research Institute of the Ministry of Commerce, and Liu Ge, a CCTV financial commentator, to the studio for comments

it started smoothly. What are the new changes in foreign trade data

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in the first quarter, the total import and export value of China's goods trade was 7.01 trillion yuan, a year-on-year increase of 3.7%, achieving a stable start

specifically, the export was 3.77 trillion yuan, a year-on-year increase of 6.7%

imports reached 3.24 trillion yuan, an increase of 0.3%

the trade surplus was 529.67 billion yuan, an increase of 75.2%

among them, China's export growth in March exceeded expectations and achieved double-digit growth

Zhang Jianping: market demand promotes private enterprises to become the main force of stable foreign trade

Zhang Jianping, director of the regional research center of the Research Institute of the Ministry of Commerce: the foreign trade started smoothly in the first quarter and the export exceeded expectations in March. I think the important reason is the pull of international market demand. In this process, Private enterprises have played the role of the main force, because the total import and export volume of private enterprises accounts for 40% of the total foreign trade volume, making a great contribution

in addition, the foreign trade of countries related to the "the Belt and Road" is also advancing steadily. In the first quarter, China's import and export to the EU increased by 11.5% year-on-year, higher than the overall trade growth rate

Liu Ge: the construction of the "the Belt and Road" will promote the diversification of China's trading partners and promote the growth of foreign trade

CCTV financial commentator Liu Ge: many careful Chinese tourists will have a profound experience abroad. Five or six years ago, we may have seen that most of the advertisements of Chinese enterprises were in airports and other places, However, nowadays, it is easy to see Chinese product advertisements on the streets of many cities in many countries related to the "the Belt and Road", and the promotion of corporate brands is more intensive. In the first quarter of this year, China's imports and exports to central and Eastern European countries maintained a high year-on-year growth rate, and the proportion of imports and exports to Latin America and Africa reached 7% and 4.6% respectively, both rising year-on-year

how to improve the quality of foreign trade

news background:

the person in charge of the Ministry of Commerce recently said that the following measures should be taken to stabilize foreign trade this year:

first, stabilize the market, expand 30 key overseas markets, support the construction of international marketing networks and promote the development of cross-border e-commerce, Let enterprises have more room for development

Second, we should stabilize confidence, implement eight measures to stabilize foreign trade, and reduce the burden on enterprises in terms of Taxation, finance and facilitation

Third, we should improve quality and increase the export of high-tech, high-quality and high value-added products

Zhang Jianping: reducing taxes and fees to boost foreign trade competitiveness

Zhang Jianping, director of the regional research center of the Research Institute of the Ministry of Commerce: behind the foreign trade data in the first quarter, China began to launch a series of measures to stabilize foreign trade last year, such as simplifying administration and delegating power, improving the business environment, promoting the construction of pilot free trade zones, reducing taxes and fees. Coupled with a number of recent initiatives to promote the development of the real economy, these give enterprises confidence. However, I also remind entrepreneurs that in the face of some uncertain international economic situations, they should not take it lightly. Because the monthly and quarterly data of foreign trade are highly volatile, we should stabilize foreign trade and improve the quality while maintaining stability. For foreign trade enterprises, we should increase their core competitiveness and enhance the added value of products. In addition, enterprises should actively explore the markets of countries related to the "the Belt and Road" to prepare for a rainy day

Liu Ge: the confidence of private enterprises is the key to the stability and quality improvement of foreign trade

CCTV financial commentator Liu Ge: a series of recent measures to reduce taxes and fees have greatly contributed to the development of private enterprises. Private enterprises are confident enough. In the future, they will continue to promote innovation and product upgrading by increasing R & D investment, The stability of private enterprises is the key to improving the quality of foreign trade

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China's foreign trade export is steadily improving its quality. At present, the export volume of mechanical and electrical products has accounted for nearly 60% of China's total export, three times that of labor-intensive products such as clothing and textiles. According to the data of the General Administration of customs, China's exports of computer equipment, metal processing machine tools and automobiles increased by 10.5%, 26.5% and 15.1% respectively in the first quarter

Zhang Jianping: stabilizing foreign trade should be multi pronged

Zhang Jianping, director of the regional research center of the Research Institute of the Ministry of Commerce: stabilizing foreign trade should be multi pronged in the next step, because the factors of global market fluctuations are very complex, such as the process of brexit

from the perspective of stabilizing foreign trade, forging iron still needs its own hard work. To maintain its foreign trade competitiveness, it needs a variety of policy support. For example, the pilot free trade zone is a new growth point of foreign trade. It is necessary to gradually speed up the replication and promotion of relevant trade facilitation policies in the pilot free trade zone. In addition, it is also necessary to deepen the measures of tax reduction and fee reduction and improve the business environment, Take multiple measures to help our foreign trade enterprises develop and form stronger market competitiveness

Liu Ge: the growth of foreign trade is closely related to the RMB exchange rate. There are still challenges in foreign trade in the future

CCTV financial commentator Liu Ge: the growth of foreign trade is closely related to the RMB exchange rate. Recently, the International Monetary Fund lowered its global economic growth forecast for this year, which mentioned the uncertainty of the global trade situation, Therefore, for foreign trade enterprises, there are still challenges in the future

source: CCTV financial wechat official account

source: CCTV international online

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