the Ministry of Commerce comprehensively cleaned up the restrictions on foreign investment access beyond the negative list. China's foreign trade and foreign investment "will be stable in the future"

出海易/ 2022-05-09

on July 2, the Ministry of Commerce held a special press conference to introduce the relevant situation of "stabilizing foreign trade, stabilizing foreign investment and promoting consumption". Chu Shijia, director of the comprehensive Department of the Ministry of Commerce, said at the press conference, "generally speaking, China's foreign trade and foreign investment have the basis and conditions for sustained and stable growth, that is to say, it will be stable in the future, after it is stable now"

Chu Shijia introduced that from the actual operation of more than a year, China's foreign trade withstood the pressure and hit a new record in 2018, and foreign investment achieved contrarian growth against the background of a sharp decline in international investment. Since the beginning of this year, on the basis of last year's high base, foreign trade and foreign investment have continued to maintain steady growth. The growth rate of exports and foreign investment in May was still faster than that in the previous four months, which fully shows the great resilience of China's economy

Chu Shijia pointed out that there are three main reasons: first, the policy effect continues to appear. This year, the number of foreign trade enterprises has not decreased, but is still growing. There are 330000 enterprises with import and export performance from January to may, an increase of 6.6% year-on-year. Second, new progress has been made in market diversification. China has trade exchanges with 232 countries and regions. Since this year, China's market share in major economies such as the EU, Japan, Brazil, Russia and South Africa has increased. Third, the coping ability of enterprises is enhanced. At present, enterprises actively respond by reducing costs, increasing R & D, market diversification and other ways, with more methods and more confidence

"stabilizing foreign trade and foreign investment is to comprehensively consider the entire international economic and trade environment and domestic realistic conditions, strive to maintain the stable development of foreign trade and foreign investment, and make more contributions to the sustainable and healthy development of the national economy." Taking the industrial chain as an example, Chu Shijia pointed out that the industrial chain is not fixed, but dynamically adjusted. On the one hand, both domestic new industrial chains such as 5g have been formed, and foreign industrial chains such as Tesla have been integrated. On the other hand, enterprises will also take the initiative to "go global" according to their own development needs

when talking about domestic consumption, Wang Bin, deputy director of the market operation Department of the Ministry of Commerce, pointed out that this year, the consumer market generally showed a stable operation trend, and the growth rate, online consumption, service consumption, basic consumption and consumer prices all reflected the word "stable"

<span bdsfid="67"class="bjh-p> the total retail sales of social consumer goods increased by 8.6% in May, 1.4 percentage points faster than that in April. The cumulative year-on-year growth in the first five months was 8.1%, and it is expected to continue to rise steadily in June." Wang Bin pointed out that the retail growth rate of social consumer goods is expected to reach 8.2% in the first half of the year, which is still in the medium and high-speed growth range. This growth rate is achieved under the background of the increasingly complex international economic and trade environment and on the basis of a high base of 40 trillion yuan. From a global perspective, China's consumption growth is still in the forefront

Wang Bin said that at the same time, we should also see that the overall consumer market is still in a downward trend. In view of the changes in the consumer market, the state has successively introduced a series of measures to reduce taxes and fees and expand opening-up. All localities have also successively introduced a series of policies to promote consumption, especially specific measures to promote consumption of key commodities such as automobiles and household appliances

it is understood that the Ministry of Commerce recently held a national on-site meeting to promote consumption upgrading in Shanghai, which made a comprehensive deployment for the key work in 2019. The next step is to focus on improving the urban and rural market system, unblocking the circulation channels of agricultural products, improving the quality of goods and services and optimizing the market business environment

in response to a reporter's question about the pilot free trade zone from the economic daily - China Economic Net, Tang Wenhong, director of the foreign investment department of the Ministry of Commerce, said that the relevant work is actively promoting the establishment of six new pilot free trade zones and the new area of Shanghai pilot Free Trade Zone, and will inform clear information at the first time

Tang Wenhong also said that with regard to exploring the construction of Hainan free trade port, the Ministry of commerce is now learning from the advanced operation methods and management methods of the international free trade port in accordance with the requirements of the CPC Central Committee and the State Council, and exploring a more flexible policy system, supervision mode and management system in terms of domestic and foreign trade, investment and financing, finance and taxation, financial innovation, entry and exit, Relevant work is also being actively promoted. He said that Hainan free trade port will become a new highland of reform and opening up that not only shows Chinese characteristics, but also conforms to Hainan's development orientation, has a higher level of opening up, a better business environment and a stronger radiation effect. The research on the framework of relevant policies and systems is also being promoted

a few days ago, China released two negative lists of national and pilot free trade zones in 2019 to further expand the opening of agriculture, mining, manufacturing, service and other fields. After five revisions in the past six years, the negative list of foreign investment access has been reduced from 190 six years ago to 40 in the national version and 37 in the free trade zone version

Tang Wenhong said that in order to cooperate with the smooth implementation of the negative list, at present, the Ministry of commerce is comprehensively cleaning up the foreign investment access restrictions outside the negative list and strictly implementing the "non prohibited entry". (Economic Daily - China economic net reporter Feng Qiyu)

source: Economic Daily - China Economic Net

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