this article is transferred from [guangming.com]
Author: Pan Helin, executive dean and professor of Digital Economy Research Institute of Central South University of economics and law
recently, the Customs released the import and export data in November, in which the export in a single month in November increased by 21.1% year-on-year, the expected value was 12%, and the previous value increased by 11.4%, which continued to be better than the market expectation. So far, from January to November, the total import and export volume has reached 29.04 trillion yuan, an increase of 1.8%. In US dollars, imports and exports reached US $4.17 trillion, an increase of 0.6%, and the growth rate turned positive for the first time. While the scale of China's foreign trade is further expanded, the international market share is further improved
there is no doubt that the continuous improvement of import and export data shows the strong attraction of the Chinese market and provides a more powerful guarantee for accelerating the construction of a new development pattern dominated by the domestic cycle and mutually promoted by the domestic and international cycles. If we carefully analyze the attractiveness of the Chinese market, it is not difficult to find that in recent years, the Chinese market has not only attracted foreign capital by market potential, but also attracted foreign capital from all over the world by software and hardware strength, and won the favor of international consumers by excellent product quality
first of all, it is worth mentioning the negative list management system. In short, the negative list stipulates what cannot be done. Except for the prohibited things, there are no restrictions on other things. In the form of list, it is simple and clear for foreign-funded enterprises to conduct self-examination according to their own business conditions, so as to improve the efficiency of foreign capital entry and improve the stability in the business process. At the same time, the negative list also improves the structure of China's foreign investment and the business performance of foreign investment through guidance. In the newly signed RCEP, 15 member states adopt the negative list model, which will play a very obvious role in promoting multilateral trade and investment
followed by the business environment. According to the global business environment report 2020 released by the world bank, China has made significant progress in the business environment in the past two years. The business environment index ranks 31st in the world, up 15 places from the previous year. The business environment is related to the difficulty of foreign-funded enterprises operating in China, and will become the most important part of foreign attraction in the future. The author believes that although the evaluation of business environment has its fixed standards, the differences between countries cannot be changed only by norms. In the process of attracting foreign capital, on the one hand, all localities should pay attention to various indicators of the construction of business environment, but not limited to rigid dogma. They should learn more international practices, create a sense of hometown for foreign capital and reduce the difficulty of localization of foreign capital operation
finally, China's constant attitude of expanding opening up. It has been more than 40 years since the reform and opening up, and China's market economic system has been basically improved. However, due to the difference of systems, foreign capital still has more or less doubts about domestic investment. In the early stage of reform and opening up, the huge fluctuation of foreign capital was caused by the uncertainty of domestic policy. Today, we have adhered to the attitude of opening to the outside world on different occasions and given specific measures to further expand opening to the outside world and raise it to a strategic level. This commitment to sustained opening-up, combined with our actions, has given great confidence in the entry of foreign capital. Further, with China's continuous expansion of opening to the outside world, the international community also knows more about China, thus narrowing the sense of distance in cultural exchanges, which provides an inexhaustible driving force for the development of foreign trade
however, we still need to see some deficiencies shown in the data. This year's import and export data are largely affected by the epidemic. From the domestic epidemic at the beginning of the year to the subsequent international epidemic, especially after China entered the stage of normalized epidemic prevention and control, the continuous deterioration of the epidemic in many countries in the world has seriously frustrated the overseas supply, affecting China's imports on the one hand, On the other hand, it also reinforces the substitution role of Chinese products. At the same time, in the past few months, the export of epidemic prevention and control products such as textile epidemic prevention products and medical devices has always remained high. In November, textiles including masks increased by 20.96% year-on-year and medical devices increased by 38.21% year-on-year. Similar to the domestic phenomenon, the "housing economy" has developed well since this year, and the export of products related to the "housing economy" has maintained a high growth. However, whether the export growth caused by this epidemic is sustainable depends on the future development
but it is undeniable that in the epidemic, China's economic development has made great contributions to the development of the world economy. At the same time, China's strong development toughness will also accelerate the recovery of the world economy in the future