New Topic Of Ministry Of Commerce: Search For New Space For Foreign Trade Growth

12th Five-Year. emerging market Trade increased by 5 percentage points in China foreign trade Is there room for growth?

According to the Ministry of Commerce, China accounted for about 10.8% of world trade last year. U.S.A Britain and Germany have reached 20% or even higher share of world trade.

"The theoretical circles in our country are all saying that the proportion of China's foreign trade in the global share is appropriate. Today, there are many professionals. Please figure out the proportion of China's foreign trade." Last weekend, the Vice Minister of Commerce, Zijin Mountain, gave the subject to experts and scholars here at the new year's report on the foreign trade situation sponsored by the Ministry of Commerce.

5 points in emerging markets

Just 3 days in from March 19th to 21st, the United States launched 5 trade remedy measures for Chinese products in an unprecedented intensity.

"In the external environment, China's trade protectionism is becoming more and more intense. This year, our country has suffered 8 trade frictions, involving 2 billion 280 million US dollars, an increase of 80% over the same period last year." Zijin Mountain said that the industrial return plan put forward by European countries has formed a positive competition with China.

Because of the rising price of domestic labor cost, land cost, resource and energy cost and so on, and the appreciation of the RMB exchange rate, the traditional competitive advantage of foreign trade has been weakened.

Especially in the labor-intensive industries, such as textile, luggage, toys and other industries, labor cost factors have great influence, and the increase of factor cost directly leads to the decline of competitiveness.

"We can see that more and more cost sensitive foreign capital and domestic capital begin to spanfer to other countries. If this trend continues for another 5 to 8 years, we can imagine what kind of impact it will have on our foreign trade and economy." Zhang Yansheng, Secretary General of the academic committee of the national development and Reform Commission, said.

In this regard, the Ministry of Commerce will focus on optimizing the layout of the international trade market and the domestic regional layout in this year and in the coming period.

According to the introduction of Zijin Mountain, the first layout is to vigorously develop new markets in the international market, and strive to increase the proportion of emerging markets outside the US, Europe, Japan and Hong Kong by 5 percentage points by the end of 2015.

The second is to optimize the layout of domestic areas, stabilize the scale of foreign trade in the eastern coastal areas, while supporting the eastern region in accelerating the spanformation and upgrading of foreign trade. At the same time, we will accelerate the development of foreign trade in the central and western regions, and strive to increase the proportion of foreign trade in the central and western regions to the national foreign trade by 5 percentage points at the end of 12th Five-Year.

"Last year, the 10 provinces along the coast accounted for about 88% of China's foreign trade, that is to say, only 12% of the central and western regions. In 2010, China's coastal area accounted for about 90% of the total foreign trade, while the rest of the central and western regions were less than 10%. Zijin Mountain said.

The government is no longer a babysitter.

Judging from the growth of imports and exports in 1-2 months, China's imports and exports increased by 7.3%. Although this growth rate has dropped considerably compared with the same period last year and the fourth quarter, Li Jian, deputy director of the Ministry of Commerce and trade research, said that there have been some positive signs, such as 12% growth in the US and 14.7% growth in Japan.

"China's exports to the United States and Japan have achieved two digit growth and are now higher than the entire export growth rate. This shows that the demand for these two major markets in the developed market is picking up." Li Jian said.

Nevertheless, the foreign trade situation is still not optimistic, and the business community has more expectations on the stability and continuity of the foreign trade policy. The Ministry of Commerce said it was working with relevant departments to study relevant policies and measures.

According to the Zijin Mountain, we should maintain the stability of the export tax rebate policy in terms of fiscal and taxation policies, increase the export tax rebate, keep the RMB exchange rate basically stable in monetary policy, guide enterprises to take positive measures to deal with exchange rate fluctuations, actively carry out cross-border RMB settlement work, and expand the list of export service trade pilot enterprises.

In terms of financial policy, we should improve the regulatory policy of differentiated trade financing business, support commercial banks to increase support for small and micro enterprises, increase the service level of small and micro enterprises, and improve the coverage of export credit insurance for small and micro enterprises.

We should speed up processing trade approval in trade policy, guide processing trade to the extension of industrial chain, and continue to fulfill the promise of zero tariff for the least developed countries. At the same time, license management should be improved.

In Li Jian's view, the domestic import and export management system can not adapt to the changes under the new situation. The market economy system still needs to be deepened. Many industries are expanding their protection of their own industries, and private enterprises are unable to enter equally. Moreover, in terms of foreign trade, the fiscal and taxation policies of the country are not stable and institutionalized.

"The coordination between departments is not enough. There are many departments in charge of foreign trade. Some agencies are obsessed with administrative means, low efficiency and poor sense of service. Such a system environment causes many enterprises to still regard the government as a nanny, and still hope for the national policy to realize their own profits and growth. This long-term problem is actually a problem this year." Li Jian said.

"At the present stage, the government must prevent the introduction of a short-term temporary policy to stabilize exports, and become a barrier to long-term spanformation, reform and structural adjustment, that is to say, our policies are pro cyclical or counter cyclical." Zhang Yansheng said that in the face of adversity, the government should change more. The government should believe more in enterprises and let foreign trade enterprises seize opportunities in difficult times.