Before The National Day, New Rules On Shoes And Other Foreign Trade Were Introduced.

The Ministry of Commerce held a press conference to inform China's business operation from 1 to August in 2012 and answer questions from reporters.

Spokesman of Ministry of Commerce

At the meeting, it was said that the actual use of foreign capital in the 1 to August was US $74 billion 994 million, down 3.40% from the same period last year.

In August, 2100 new foreign-invested enterprises were set up in the month, down 12.72% compared with the same period last year. The actual amount of foreign capital invested was 8 billion 326 million US dollars, down 1.43% from the same period last year.

Shen Danyang said foreign demand in the next few months may be more vulnerable than in the first 8 months.

He also revealed that the "detailed opinions on promoting stable foreign trade growth" adopted by the executive meeting of the State Council should be issued in the latest week, and specific details will be issued before the national day, which will be jointly issued by the Ministry of Commerce and relevant departments.

Future external demand is weaker.

For the foreign trade situation, Shen Danyang pointed out that as the world economy continues to tend downward, the external demand in the coming months may be more vulnerable than in the first 8 months.

China's exports in August increased by 2.7% over the same period last year, up from the growth rate in July, while the export growth rate in July was only 1%, but the export growth rate of 2.7% was still relatively low.

This is mainly due to the lack of global economic growth, especially the worsening of the European debt crisis and the severe lack of demand in the international market.

Therefore, the foreign trade situation is still grim.

He analyzed that the current situation of foreign trade is grim and there are "three big mountains". External demand is an important factor. There are two other factors: the rise in the overall cost of exports and the poor trade environment. These two factors are also important factors for the weak growth of exports.

Shen Danyang appealed to foreign trade enterprises to strengthen their confidence and to meet the difficulties.

He said that the documents issued by the Ministry of Commerce will be stable.

Confidence will also play a positive role in stabilizing the development of foreign trade.

The new deal rules will be issued soon.

In view of the "detailed opinions on promoting stable foreign trade growth" adopted by the executive meeting of the State Council, Shen Danyang explained in detail the eight major policy measures at the press conference.

He pointed out that these eight policies and measures were conducted through a large number of investigation and research by relevant departments, fully listened to the voice of enterprises, and repeated studies and determined after the consideration, which had strong pertinence, and believed that it would help improve the business environment of foreign trade enterprises.

Conditions help enterprises to save paction costs, improve operational efficiency and ease operating pressure.

Shen Danyang revealed at the meeting that eight major sub policies to stabilize the growth of foreign trade can be divided into 13 categories.