customs statistics show that in August, China's foreign trade import and export reached 2.88 trillion yuan, a year-on-year increase of 6%. Among them, the export was 1.65 trillion yuan, an increase of 11.6%, a new high of monthly export growth in the past 17 months. What supports the sustained growth of China's exports? Can this growth trend continue in the future
the stabilizing foreign trade policy releases the superposition effect
no one expected that the sudden COVID-19 would bring such a great impact to the global economy, and foreign trade would bear the brunt. From the "frown" at the beginning of the year to the "sigh of relief" today, many foreign trade people admit that they seem to have been on a roller coaster in the past eight months
the closure of ports, suspension of air routes and large-scale suspension of industrial production... The raging epidemic has made almost all the previous experience of the foreign trade industry difficult to work, and the fluctuation of the external market, especially the adverse current of trade protectionism and economic globalization, has plunged many foreign trade enterprises into great uncertainty
at the critical moment, the Party Central Committee took decisive measures to curb the spread of the epidemic in the shortest time, comprehensively promote the epidemic prevention and control and economic and social development, and constantly accelerate the pace of returning to work, production and market. At the same time, it actively helped foreign trade enterprises. In the one month period from early March to early April, the central level deployed the work of stabilizing foreign trade four times
the establishment of a comprehensive cross-border e-commerce pilot zone, support for the transformation and development of processing trade, and the holding of the "cloud Canton Fair"... A series of precise measures continued to work, effectively promoting the stabilization and recovery of foreign trade
since this year, the General Administration of customs, the Ministry of Commerce, the Ministry of Finance and other relevant departments have successively issued nearly 100 policies and measures. Starting from the aspects of customs clearance facilitation, export tax rebate, tax reduction and fee reduction, which are most concerned by the majority of foreign trade enterprises, on the basis of effectively stabilizing the basic situation of foreign trade, they have formed a joint force to promote the stability and quality of foreign trade. At present, the superposition effect of the above policies is still being released, and good practices such as "zero delay" in customs clearance and "single window" reform of international trade are continuing to be implemented
the digital transformation of trade continues to accelerate
China's foreign trade enterprises growing up from the market have inherent strong toughness. In the face of the epidemic, the majority of foreign trade enterprises have flexibly taken measures to speed up the digital transformation of trade, which has strengthened their determination and confidence in the high-quality development of foreign trade
on September 10, the comprehensive service platform of Beijing cross-border e-commerce comprehensive test area was officially launched. This is a digital platform tailored by Beijing Customs for cross-border e-commerce enterprises, which can fully support Beijing's special business model in the field of cross-border e-commerce. In the past two months of trial operation, the platform has processed nearly 4 million relevant import and export data
behind the popularity of the new platform is the rapid rise of "new forces" in foreign trade and export. Since the beginning of this year, new formats and models such as cross-border e-commerce have flourished and become a new engine for the growth of China's foreign trade
in the first half of the year, the total import and export value of cross-border e-commerce online transactions exceeded 600 billion yuan, an increase of 6.7%, significantly higher than the overall import and export growth rate in the same period
the latest data show that external factors such as the epidemic and trade protectionism have not prevented the integration of cross-border e-commerce into national markets. The digital transformation of trade has expanded new development space and provided strong support for traditional foreign trade enterprises
foreign trade pressure does not change to a good trend
at present, the positive factors promoting the stability and quality of foreign trade throughout the year are accumulating, from the continuous development of a series of policies and measures to stabilize foreign trade issued by the central government to the local recovery of international market demand, Both of them are substantially beneficial to the development of China's foreign trade. At the same time, the global epidemic has not been effectively controlled, the overall shrinkage of the export market and the obvious increase of trade protection barriers have also brought many uncertain and unstable factors to the development of foreign trade
facing the complex and severe external situation, the fundamental path for China's foreign trade to seek greater development is to base on the long-term, plan ahead, continuously optimize the foreign trade business environment and constantly stimulate endogenous momentum. The development of foreign trade should closely follow the new development pattern of "taking the domestic cycle as the main body and the domestic and international double cycles promote each other". By giving full play to the potential of domestic demand, we should better connect the domestic market with the international market, make better use of the international and domestic markets and resources, and promote the development of foreign trade to achieve higher quality
recently, the 15th meeting of the central comprehensive Deepening Reform Commission deliberated and adopted the implementation opinions on promoting the innovative development of foreign trade, and made a new round of deployment for promoting the development of foreign trade. The just concluded service trade fair, the upcoming China International Trade Fair and the autumn Canton Fair further convey China's determination and confidence to expand opening-up to the world. The stable development of China's foreign trade will not only benefit the Chinese economy and people, but also drive the development of all trading partners, and then benefit the global economy and people all over the world. (economic daily / China economic net reporter Gu Yang)
source: China Economic Net - economic daily