High Level Intensive Research, Export And Foreign Trade Policy Is Stable.

The pace of intensive research on China's real economy is continuing. On July 20th, Hu Jintao, general secretary of the CPC Central Committee, visited Qingdao, Shandong. In investigating a key export enterprise facing export difficulties, Hu Jintao encouraged the leaders of enterprises to strengthen their confidence and face difficulties and try their best to overcome their immediate difficulties.

On from July 19th to 20th, Premier Wen Jiabao of the State Council came to Guangdong for investigation and study. At present, many small and medium-sized enterprises in Guangdong are facing more difficulties. In particular, some export-oriented export enterprises have a large negative impact on them due to many external uncertainties. Wen Jiabao said in his research that China's foreign trade policy will be basically stable.

It is easy to find that the two leaders' outgoing research involves the same theme, that is, China's export enterprises are facing a dilemma. Under the circumstances of exchange rate policy change, tight monetary policy and uncertainties in the external economic situation, many domestic export enterprises are under considerable pressure.

Under pressure, we urge the relevant foreign trade policies to be adjusted, especially the hope that some export tax rebate policy callbacks will gradually become stronger. At the same time, many enterprises believe that in order to improve the situation of export enterprises, the macro policy is expected to be more stable and clear. Entrepreneurs also hope that the monetary side can relax.

How to treat policy appeals from export enterprises is related to the trend and stability of China's foreign trade policy. To answer the question of "how to treat", we need to sort out the changes of foreign trade policy in recent years.

Foreign trade policy is an important part of the whole macro policy system. For a long time, in order to encourage the development of foreign trade and help realize the task of promoting economic development and increasing employment, China pursues an export preferential policy, that is, through the implementation of preferential policies to encourage exports and support exports, to promote the development of foreign trade. But this situation has changed since China joined the WTO. As a member of WTO, China's foreign trade policy should also pursue an unlimited and fair trade order in its value orientation, so the neutralization of policies is logical.

In recent years, due to the sharp increase in trade surplus and the increasing number of international trade disputes, the internal and external macroeconomic imbalance is very obvious. Against this background, the trend of "Neutralization" of foreign trade policy has become more apparent. The export subsidy has been abolished, and the export tax rebate policy has changed greatly.

With the "Neutralization" of foreign trade policy, the government is making efforts to "reduce the favorable balance" and enhance the trade structure. This effort is also the proper meaning of the government's efforts to strengthen macroeconomic regulation and control. If we want to improve the trade structure, we should abolish some unreasonable subsidy measures, improve the export policies that control high energy consumption, high pollution and resource products, and encourage the export of products with independent brands and high added value. This transformation of foreign trade policy is undoubtedly conducive to the coordination of quantity and quality, the coordination of exports and imports, and the coordination of trade in goods and services.

What people did not expect is that when the foreign trade policy has made a great transformation, it has had a superposition with a series of other policies and measures and other factors. Including the continued appreciation of the renminbi, the tightening of monetary policy and the slowdown in global economic growth, it has a great impact on the development and even survival of many export enterprises with the gradual "neutral" or even tight foreign trade policies. And some labor-intensive industries will inevitably affect the employment problem if the export situation is severe.

That is to say, under such a background, export enterprises begin to reflect interest demands. Some scholars have begun to warn that foreign trade policies should be avoided. How to treat these interests and how to treat different voices in academia has become a matter of great concern to policymakers. Over the past few years, a number of top officials and key officials of specific functional departments have gone out to investigate and understand the difficult situation of export enterprises.

At this point, general secretary Hu Jintao's sincere encouragement for difficult export enterprises and Premier Wen Jiabao's statement on China's foreign trade policy will basically stabilize. This means that although many export enterprises are facing some difficulties, in the general direction, the pursuit of optimizing the structure of foreign trade growth and promoting the gradual improvement of the balance of payments will not change.

Of course, the foreign trade policy will be "basically stable", nor does it mean that the government will sit idly by for the difficulties of export enterprises. The key is how to weigh the interests of all parties. Recently, public opinion has been widely heard that the export tax rebate policy for textile and clothing is about to come out. Whether the news itself is true or not, it reflects that after the comprehensive consideration of the government, it is likely to give policy relief in certain industries and areas. However, it is not realistic for all export enterprises to have a more general policy pullback.