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    Gao Hucheng Is Confident That Foreign Trade Will Achieve 7.5% Growth This Year.

    2014/3/8 10:04:00 17

    Gao HuchengForeign TradeEconomic Growth

    At 9 a.m. on March 7th, a press conference was held at the multi-function hall of the center of Midea. Gao Hucheng, Minister of Commerce, was invited to answer questions from Chinese and foreign reporters on the issues related to "business development and opening up".


       China's import and export trade reached 4 trillion and 160 billion US dollars last year.


    [ Gao Hu Cheng There were many uncertainties in the international market situation last year, and great changes have taken place. The foreign trade has achieved the expected target. The total volume of imports and exports has increased by 7.6%, exports increased by 7.9%, and imports increased by 7.3%. China's import and export trade reached 4 trillion and 160 billion US dollars last year and became the world's largest trading nation in terms of trade in goods.


    In addition, foreign investment and utilization foreign capital All aspects have made gratifying achievements, especially foreign investment has become a highlight of China's foreign economic development. Last year, our outward foreign direct investment reached US $90 billion 200 million, an increase of 16.8%, and the use of foreign capital also maintained a good level in the global slowdown, with a growth of 5.3%, reaching US $117 billion 600 million.


       We are big trading nations, but not trade giants.


    [high Tiger City] in China, more than 2 billion US dollars. Exit It has made important contributions to domestic employment and tax revenue as well as to all aspects of economic development. In terms of employment, according to our incomplete statistics, one of the 4 of the more than 700 million working population of our country is engaged in foreign trade directly and indirectly. As we see this change, there is also a fact that objectively exists. We are a trading power, but not a trade power. This is mainly in several aspects. Most of our export products are relatively low value-added, and their own brands are relatively few. The global marketing network and marketing methods are also lagging behind. This is a problem that we must face and solve in the next step from a big trading country to a powerful trading nation. The solution of these problems is actually the process of adjusting the structure and changing the way of development.


       China has become the first trading power of more than 120 countries.


    China International Radio and international online correspondent] my question is about China's foreign trade. You have just mentioned that China has become the world's largest trade in goods in 2013, but there are claims that we are not yet the first powerful country. What do you think of this? Besides, some of the enterprises we interviewed also revealed that the foreign trade situation of February this year is not optimistic. How do you judge the overall situation of foreign trade in 2014? Thank you.


    [Gao Hu Cheng] China has become the world's largest trade in goods. It should be said that it is a major event in the process of opening up to the outside world since the reform and opening up. It is a landmark historical event. As we all know, China has been a big trading country in recent years, but as the world's largest trading power, it is still a sign, because this is the result of the efforts of several generations, and is also the manifestation of the road of socialism with Chinese characteristics and adherence to the basic state policy of opening to the outside world.


    According to the information we have now, the total import and export volume of US $4 trillion and 160 billion is about 12% of Global trade in 2013. China has become the largest trading partner of more than 120 countries. In addition, you may notice that China has nearly 2 trillion of the total import and export volume last year, which has made an outstanding contribution to the global economic growth. 4 trillion and 160 billion.


      Confidence in the 7.5% growth of foreign trade this year


    [Gao Hu Cheng] from the international demand, our analysis is that we should say that the international economy maintained a momentum of continued recovery in 2014. Especially in the developed countries, the economy began to recover and the demand would grow slowly. This is helpful for China's exports. In addition, from emerging economies, although there has been an economic slowdown due to one reason or another, the economic fundamentals of emerging economies are still good. They are capable of overcoming some difficulties at present and gradually increasing their economy in 2004.


    Judging from the competitive conditions in China, we believe that there are two aspects that are favorable factors. One is what I have just introduced to you about the adjustment of China's foreign trade enterprises since the international financial crisis and the changes in their endogenous driving force. We can see from the product mix, market structure and marketing strategy. On the other hand, it is the innovation of the system and mechanism, which will stimulate the institutional dividend of enterprises and further enhance the competitiveness of enterprises. Therefore, based on the comprehensive analysis of the international market situation in 2014, we are confident that China's foreign trade will achieve a 7.5% growth in 2014.

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