Trade Deficit In The First Quarter Is Hard To Be Blocked. China'S Determination To Expand Imports Will Be Introduced In A New Round Of "Promotion" Policy.

China appeared in the first quarter of this year. trade deficit It did not affect its trade. Balance of payments Efforts. Reporters from the 109th session in Guangzhou China Import and Export Commodities Fair (Canton Fair) was informed that the relevant departments of the Chinese government will prepare a national conference on import work in the near future, and the new round of "export promotion" policy is expected to be introduced in the first half of this year.

The China Chamber of Commerce for import and export of mechanical and electrical products, China Chamber of Commerce for import and export of five metals and minerals and some responsible persons of some large foreign trade enterprises disclosed this news to reporters. Related enterprises said that the adjustment of relevant fiscal and tax policies and facilitating import facilitation are the main directions for improving the policy of "promoting export".

In addition, some enterprises and market participants said that China's "12th Five-Year" period of strategic emerging industry and advanced equipment manufacturing industry will be the focus of attention in the import policy adjustment.

Sun Lijian, vice president of the school of economics, Fudan University, said this shows that although the first quarterly trade deficit has suffered for 6 years in the first quarter of this year, it has not changed the Chinese government's firm determination to continue to expand imports and promote trade balance. China suffered a trade deficit of US $1 billion 20 million in the first quarter of this year.

He said: "China has recognized the urgency of changing the mode of foreign trade development. This year is the beginning of the 12th Five-Year plan. It can be judged that the policy of" stabilizing exports, expanding imports and promoting balance "has been effectively implemented.

It is worth noting that Wang Qishan, member of the Political Bureau of the CPC Central Committee and vice premier of the State Council, inspected the work of the Canton Fair 15 days ago. He said that in the new stage of development, we must conscientiously carry out the central government's decision-making and deployment, focus on the theme line, insist on equal emphasis on imports and exports, maintain stable growth in exports, strive to expand imports and promote balanced development of trade. We should take measures to improve the import and export policy, promote market diversification, and improve trade facilitation level from the point of point and details.

He stressed that changing the mode of foreign trade development is an inevitable requirement for scientific development and a long-term and arduous task. In the face of the extremely complex domestic and international environment, we must strengthen confidence, adjust the structure, promote the balance, speed up the reform of the system and mechanism, and organize the system innovation, so as to promote the sound and rapid development of foreign trade.

In fact, efforts to expand imports have already been reflected in this Canton Fair. Liu Jianjun, spokesman of the general assembly, said that under the guidance and support of the Ministry of Commerce of China, the general assembly has optimized the structure of the import exhibition area, reduced the category of exhibits and promoted the level of professional exhibition. Altogether 534 enterprises from 53 countries and regions have participated in the exhibition, an increase of 33 compared with the previous one.

He said: "because of the active promotion, the number of Chinese domestic purchasers has increased significantly, and the import commodities will have a better market, which can achieve the expected purpose of the spanaction and believe that the volume of imports will also increase."

In addition, the general assembly also launched the "canton fair product design and Trade Promotion Center" for the first time, aiming to build a joint platform for product design and development for overseas professional design institutes and exhibitors of Canton Fair. Liu Jianjun said that the most direct market effect of the move is to provide wider space for overseas enterprises to participate in China's market and foreign trade industry.

He said: "at present, Australia, France, Holland, Greece, Spain, Russia, the United States and other countries and regions of the design institutions, designers and trend experts will be invited to attend the relevant activities. This positive trend has never been seen before, which shows that people have responded positively to China's efforts to continuously expand imports. "

Holland's Guangzhou consul general, Fan Ji, who led the 5 companies to participate in the Canton Fair, said China's "12th Five-Year plan" was "inspiring." He said that Holland enterprises have been concerned about the progress of China's expansion of imports. "We believe that by supporting China's twelfth five year plan, we will strengthen our trade with China and create a win-win situation in the long run."

It is worth noting that China's efforts to expand imports will also benefit more less developed countries and regions. China's commerce minister Chen Deming said earlier that China will continue to increase imports from the least developed countries and major trade surplus countries, and hope that those countries with large trade deficits with China can relax export control measures.

Some experts believe that China's efforts to expand imports will not lead to a deficit in China's foreign trade throughout the year, but do not rule out the possibility of a more frequent quarterly deficit. However, this does not mean that China's foreign trade is losing competitiveness, but shows that its development pattern is more reasonable.

Xiao Zhenyu, director of the Guangzhou Municipal Bureau of foreign trade and economic cooperation, said that in the past few years, because of the long-term policy of encouraging foreign exchange to earn foreign exchange, Chinese enterprises and the market had already been in a "favorable balance" situation. "At present, enterprises should rethink their own development ideas and seize the opportunities brought by policy adjustment, such as increasing procurement of raw materials and advanced equipment from overseas, and introducing high-end advanced technology according to their own needs, which also has positive effects on improving production efficiency and quality, saving labor costs, and saving energy and reducing emissions."