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Ministry Of Commerce: Foreign Trade Support Measures Will Be Introduced Soon.

2013/7/18 18:01:00 26

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after 1-4 months of unexpected growth in foreign trade, after rectification, the real import and export situation in 5-6 months has finally become "real".

The weak data has triggered high-level vigilance and has stepped up research and deployment of new policies.

for the foreign trade situation in the second half of the year, Shen Danyang, spokesman of the Ministry of Commerce, said at a monthly regular conference yesterday that exports were more severe and complex throughout the year, and many difficulties need to be overcome in order to achieve this year's expected foreign trade development goals.

He said that according to the instructions of the State Council, the Ministry of commerce is working with the relevant departments of the State Council to further study and take supporting measures, which will be introduced soon.

previously, it has been reported that senior executives have begun to pay close attention to the trade data of Guangdong, Shenzhen and other places in the first 4 months.

People familiar with the matter told our reporter that, because of the thorough investigation of the Central Committee, 5~6 months had excluded the water of foreign trade, but the number was too weak.

our reporter learned that the Ministry of Commerce went to the coastal provinces and cities in late June and early July, and has reported the information to the State Council.

If considering the lag of foreign trade policy implementation to 3-6 months, the real policy will probably come out next week, that is, late July.

high level is concerned about the declining trend of foreign trade /p >

Data released by Customs General Administration (P) showed that exports in June decreased by 3.1% compared with the same period last year, down 1% from the previous month and the market expected value increased by 3.7%. Imports dropped 0.7% compared to the same period last year, and also lower than the 6% increase in -0.3% and market expectations last month.

In addition, the trade surplus expanded to $27 billion 100 million in June, up from $20 billion 400 million last month.

"P", which knocked out the water import and export data of China, surprised everyone.

This is not the question of whether to complete the "eight guarantee" of foreign trade throughout the year, but how to prevent the deep decline of exports.

according to the data disclosed by the Ministry of Commerce, the index of new export orders in the purchasing managers' index of manufacturing industry has been lower than 50% for three consecutive months.

According to the Ministry of Commerce's survey of 1900 key foreign trade enterprises in the country, the export orders of enterprises are becoming colder and the profits are getting thinner. The proportion of the export orders has increased for 4 consecutive months. The proportion of the enterprises with a decreasing profit margin has reached a new high of nearly 4 months.

At the same time, P export confidence continued to fall.

In June, nearly 1/3 of the enterprises thought that the export volume would decrease this year, which accounted for more than 30% for the first time in six months.

Since April, the Ministry of Commerce's key export enterprises' index and confidence index have declined for 3 consecutive months.

People in charge of foreign trade have noticed many unfavorable factors of import and export at the beginning of the year, but due to the high import and export data in 1~4 month, a series of related promotion policies have been shelved, P said.

previous "hyperbole" data show that exports in April increased by 14.7% over the previous month, up from 10% last month.

In the first 4 months, the bilateral trade between the mainland and Hongkong increased by 66%.

In March, the mainland's exports to Hongkong increased by 92.9%, the highest growth rate since March 1995.

aiming at this phenomenon of "sitting Rockets", this newspaper has previously reported that the "one day tour" of Guangdong, especially Shenzhen, has reached an intolerable stage.

It includes not only the traditional export tax rebates, but also the influx of hot money.

and in all the policy problems that caused foreign trade enterprises to get into trouble, Zhou Shijian, senior researcher of the Sino US relations research center of Tsinghua University, focused on the issue of exchange rate.

"In the past, when the dollar weakened, it oppressed the appreciation of the renminbi. Now that the US dollar is strong, the renminbi is still rising, and the pressure on foreign trade enterprises is very great."

He said.

The real effective exchange rate of RMB is 116.3 at the end of May this year, accounting for 5.6%, compared with the end of last year, according to the data of the bank for International Settlements (P).

According to the data of the people's Bank of China, the central parity of the RMB against the US dollar, the euro and the Japanese yen increased by 1.7%, 3.3% and 16.7% respectively at the end of last year, according to the data of the people's Bank of China in June 28th.

At the same time, domestic labor costs are still rising. In the first half of this year, a number of provinces and municipalities have raised the minimum wage standards.

the prospect of portfolio policy /p >

Yesterday, Shen Danyang put forward the policy of "stable foreign trade" policy combination put forward by Mr. P. The objectives are diverse: not only conducive to steady growth, but also conducive to structural adjustment; it is conducive to stabilizing exports and expanding imports; it is not only conducive to reducing export costs, but also conducive to opening up new markets and giving full play to the trade environment of technology, brand, quality and service.

but if we want to achieve the above diversified goals, we must introduce a set of combination promotion policies.

The fundamental policy involved in "stable foreign trade" is nothing more than exchange rate, import and export tariffs, export tax rebates and credit support.

Last September, the Executive Council of the State Council discussed and passed several opinions on promoting steady growth of foreign trade, and identified 8 measures. In particular, speeding up the progress of export tax rebates and expanding the scale of financing can effectively reduce the pressure of capital flow on enterprises, expand the scale and coverage of export credit insurance (P), and pay special attention to providing credit insurance services to small and micro enterprises.

but it is called temporary emergency measures by some people in the industry and expects stronger substantive policies.

Zhou Shijian said that the core cost of China's foreign trade includes three aspects: wages, exchange rates and export tax rebates for migrant workers.

As the wage increase of migrant workers is an inevitable trend and can not be changed, it can only move the exchange rate and export tax rebates, while strengthening credit support to promote exports.

Zhou Shijian also believes that the RMB should no longer follow the US dollar appreciation and should maintain stability or even moderate depreciation.

In addition, import tariffs on consumer goods such as high-tech enterprises, energy fields and even cosmetics also need to be adjusted so as to promote imports.

Export tax rebates should not only be fast but also raise the tax rebate rate further.

Huo Jianguo, President of the international trade and Economic Cooperation Research Institute of the Ministry of Commerce, said to p that at present, these core policies seem to have taken corresponding actions last year.

The estimates are smaller stimulus policies.

Huo Jianguo believes that the most important thing is to create a fair competition environment for the real economy, not only to ensure that the enterprises that get the order can get enough credit scale, but also to liberalize the investment field restrictions and lower the investment approval.

"The key problem in China now lies in the real economy, especially in the manufacturing sector.

If the problem of the real economy can not be solved, foreign trade enterprises, especially small and medium-sized foreign trade enterprises, will not have a good time. "

for the widely rumored outside world, which is difficult to accomplish the task of "eight guarantees" formulated by the foreign trade at the beginning of the year, Shen Danyang said that faced with such a situation, we need to make more arduous efforts. But now we can not say that we can not achieve the expected goal or hope to achieve our goal. After all, the steady growth of foreign trade is related to the employment and income of domestic residents in China, and to the domestic economic growth and even the stability of the world economy.