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    Ministry Of Commerce: Foreign Trade Is Not Optimistic In The Second Half Of The Year, Policy Stability Is The First.

    2010/7/28 9:18:00 27

    Foreign Trade

    Next year, China has entered the WTO for ten years.


    Yao Jian, a spokesman for the Ministry of Commerce, stressed: "most policies have been standardized policies in line with international standards.

    Exchange rate policy, interest rate policy and export tax rebate policy are all international practices.

    As long as we can operate and operate according to the international standard policy, there is no big fluctuation, that is the best. "


    Despite China

    foreign trade

    In the past two months, a good report card was delivered (exports in May increased by 48.5%, a record high since March 2007. In June, the total import and export volume reached US $254 billion 770 million, of which exports amounted to US $137 billion 400 million, all of which broke the historical record of July 2008). But Yao Jian, at a regular press conference of the Ministry of Commerce, pointed out that the foreign trade situation is still complex and severe.


    In his recent research in Xi'an, Premier Wen Jiabao stressed: "we need to expand domestic demand and stabilize external demand."


    Yao Jian told reporters in the first financial daily that we should first have a clear understanding of the external market environment, and the most important policy is to maintain the existing policies.


    In the light of

    Export enterprises

    To cope with the pressure of foreign exchange reform, he said that the Ministry of Commerce, as the competent department of China's foreign trade, will pay more attention to the development of the export industry, and put forward appropriate policy recommendations for further improving the RMB exchange rate formation mechanism.


    When it comes to the fact that the foreign trade situation in the second half of this year is rather complicated and the overall situation is not optimistic, Yao Jian has particularly mentioned the competitiveness of enterprises. "The influence of cost structure will restrict the further development of competitiveness."


    He told our reporter that there are many uncertainties in the external demand market, which is the biggest problem facing the external environment.

    In the second half of the year, because of the higher base and the decline in export growth, the domestic factors will be superimposed on the competitiveness of export enterprises.


    Under the background of the rising cost of raw materials, the rising cost of labor and the adjustment of the export tax rebate rate of some products, some enterprises are facing some pressure on business, especially some labor-intensive enterprises.


    Yao insists that employment in labor-intensive industries is a very important issue.

    Under such a general objective of employment and economic development, the competent authorities will adopt appropriate macroeconomic policies to ensure employment and economic development, as well as to balance the adjustment of economic policies.


    But he also pointed out that, according to the experience of the international financial crisis, the export of Chinese products may still be smaller than that of other countries.

    Because China's exports to the major markets are divided into two parts, one is the export of labor-intensive products, that is, the export of essential commodities.

    This part will be stable, because this part itself is adapted to the market demand and the price is relatively stable. However, some of the products will decline because of the weakening of the EU market investment and government financial expenditure.

    However, the overall trend of exports will not be greatly reduced.


    In response to the question of whether the Ministry of Commerce will issue a proposal to accelerate the development of foreign trade in the near future, Yao Jian said: "we have preliminarily formulated a plan to further promote imports, further promote the structural optimization of exports and overseas investment, and further promote the extension of trade value-added chain. We are also refining relevant policies and measures with relevant parties to further improve this policy."


    The next step is to pform foreign trade.

    Development mode

    From what he started, he put forward several major points: more attention should be paid to how to further promote the coordinated development of exports and imports and strengthen the role of imports; how to further diversify the trade market is not only the traditional European and American markets, but also the emerging markets; how to combine traditional trade exports with overseas investment operations; and how to further pay attention to the strength of brands, the power of marketing network and the strength of after-sales service in the development of foreign trade.


    "The important thing is not to publish such a document, but to enable the foreign trade industry and enterprises to clearly define such a development trend and historical mission, so as to promote the overall improvement of China's economic quality."

    He said.

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