China's foreign trade presents five highlights in stabilizing and improving quality

出海易/ 2022-05-11
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Guangming Daily reporter Zhang Yi

according to the statistical data released by the General Administration of Customs on October 14, the total value of China's foreign trade import and export in the first three quarters of this year was 22.91 trillion yuan, an increase of 2.8% over the same period last year

<since this year, the growth of international economy and trade has slowed down and the external environment has become more complex and severe. china's foreign trade import and export continued to grow and the structure has been continuously optimized in the first three quarters."li kuiwen, spokesman of the general administration of customs and director of the statistical analysis department, said at the press conference of the state information office

steady growth with strong tenacity

since this year, the world economic growth has slowed down and trade protectionism has continued to rise, but China's foreign trade has maintained strong tenacity. 7.01 trillion yuan, 7.66 trillion yuan and 8.24 trillion yuan... In the first three quarters, the overall operation of foreign trade was stable, and the scale of import and export increased quarter by quarter

according to the latest data released by the WTO, from January to July this year, China's import and export growth rate was still higher than that of Germany, Japan, South Korea and other countries, and still maintained the position of the largest country in global goods trade, accounting for 0.1 percentage points higher than that of the same period last year

Li Kuiwen told reporters that there are three main factors supporting the smooth operation of China's foreign trade in the first three quarters of this year:

first, the smooth operation of the domestic economy provides strong support for China to cope with external risks and challenges and realize the continuous growth of foreign trade. Since the beginning of this year, China's economic operation has been generally stable, structural adjustment has been steadily promoted, and reform and opening up have been comprehensively deepened

Second, the policy effect continues to release. Since last year, China has twice raised the export tax rebate rate of some products, successively issued a series of independent tariff reduction policies, and twice lowered the import value-added tax rate. This series of measures have effectively stimulated the vitality of market players. In the first three quarters of this year, China's imports of consumer goods increased by 15.3%; The number of enterprises with import and export records reached 464000, a year-on-year increase of 5.9%. The business environment has been continuously optimized and the level of trade facilitation has been greatly improved. The overall customs clearance time of China's imports and exports in the first three quarters has been shortened by 56.4% and 64.7% respectively compared with 2017

Third, market diversification has achieved remarkable results. Since this year, China has launched a series of major opening-up measures to promote a new round of high-level opening-up, accelerate the formation of a new situation of opening-up, and provide confidence and confidence for enterprises to actively explore new markets and optimize the layout of the global market. With the steady progress of the construction of the "the Belt and Road", China has closer economic and trade cooperation with countries along the belt and road and more active trade exchanges. In the first three quarters of this year, China's total import and export value to countries along the "the Belt and Road" was 6.65 trillion yuan, a year-on-year increase of 9.5%, 6.7 percentage points higher than the overall growth rate of China's foreign trade in the same period, accounting for 29% of China's total import and export value in the same period, 1.8 percentage points higher than the same period last year, and 4 percentage points higher than the year when the "the Belt and Road" initiative was put forward in 2013. In the first three quarters of this year, the trade volume between China and Africa increased by 7.5% year-on-year, 4.7 percentage points higher than the overall growth rate of foreign trade

the trend of improving quality in a stable manner is obvious

the leading role of general trade is more significant; The leading role of private enterprises is more prominent; The pattern of regional foreign trade is more optimized; Areas under special customs supervision have developed more rapidly; The structure of import and export commodities has been further optimized... While the scale continues to expand, China's high-quality development of foreign trade has also made positive progress, and the trend of improving quality in stability is obvious

Li Kuiwen specifically analyzed the five highlights of improving the quality of China's foreign trade:

in the first three quarters, China's import and export of general trade increased by 4.8%, 2 percentage points higher than the overall growth rate of foreign trade, accounting for 59.5% of China's total foreign trade, and the proportion increased by 1.1 percentage points. The domestic industrial chain of import and export in general trade mode is longer, which can better reflect the autonomy of China's foreign trade

private enterprises have shown stronger vitality under the favorable policies of tax reduction and fee reduction, and have become the main force driving the growth of China's foreign trade. In the first three quarters, the import and export of China's private enterprises increased by 10.4%, 7.6 percentage points higher than the overall growth rate of foreign trade, accounting for 42.3% of China's total foreign trade, and the proportion increased by 2.9 percentage points. Among them, exports increased by 13%, accounting for more than half of China's export value

since this year, China's regional strategy has been steadily implemented, and major strategies such as the coordinated development of Beijing, Tianjin and Hebei, the development of the Yangtze River economic belt, the high-quality development of the integration of the Yangtze River Delta, the construction of the Great Bay area of Guangdong, Hong Kong and Macao, and the comprehensive deepening reform of Hainan have been further promoted. The ecological protection and high-quality development of the Yellow River Basin have also become major national strategies, which has greatly promoted the coordinated development of China's foreign trade. In the first three quarters, the import and export of the central and western regions increased by 12.4% and 11.8% respectively, and their proportion in China's foreign trade increased by 0.6 and 0.7 percentage points respectively

the special customs supervision area is the forefront of China's opening to the outside world. At the beginning of this year, the State Council issued several opinions on promoting the high-level opening and high-quality development of the comprehensive bonded area, which effectively promoted the development of the comprehensive bonded area. In the first three quarters, the import and export of the comprehensive bonded zone increased by 12.9%, accounting for 0.7 percentage points of China's foreign trade

form a strong domestic market, implement a series of policies, and continuously release the potential of domestic demand, providing endogenous power for China to actively expand imports and optimize the structure of imported goods. In the first three quarters, the import of consumer products for people's livelihood increased rapidly. At the same time, the domestic supply side structural reform continued to advance, and positive progress was made in industrial upgrading, promoting the continuous optimization of China's export commodity structure

the development trend of China's foreign trade will not change

the OECD predicts that the world economic growth rate will fall to the lowest level in ten years this year. The latest report of the WTO continues to reduce the growth rate of Global trade in goods. It is predicted that the growth rate of Global trade in goods will only be 1.2% in 2019, 1.8 percentage points lower than the 3% in 2018 and lower than the expectation of global economic growth

<span bdsfid="102"class="bjh-p> in the future, China's foreign trade development will still face a complex and severe external environment, with more unstable and uncertain factors. However, China's foreign trade development is resilient, the general trend of optimizing foreign trade structure and accelerating power transformation has not changed, and foreign trade will continue to maintain an overall stable and stable development trend of improving quality throughout the year." Li Kuiwen said in response to a reporter's question

customs statistics show that the total value of China US bilateral foreign trade in the first three quarters of this year was 2.75 trillion yuan, a year-on-year decrease of 10.3%

"despite the decline of China US bilateral trade, China's overall import and export of foreign trade still maintained growth in the first three quarters of this year, and the world is still highly optimistic about the potential of the Chinese market." Li Kuiwen pointed out, "we also note that the economic and trade teams of China and the United States have maintained close communication recently. On October 10-11, China and the United States held a new round of high-level economic and trade consultations, which made substantive progress in some areas. The two sides discussed follow-up consultation arrangements and agreed to work together towards the final agreement. We believe this will have a positive impact on the expansion of China US trade."

Guangming Daily (12th edition, October 15, 2019)

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