China'S Foreign Trade Needs To Turn To "Better And Better"

Supporting China's equipment to go out and promoting international cooperation in production capacity is to promote the pformation of China's foreign trade into "better and better progress".

Premier Li Keqiang hosted a forum on Chinese equipment "going out" and promoting international capacity cooperation 3 days ago.

He stressed that China's foreign trade should be driven from "great progress" to "excellence in excellence" and a new pattern of open economy.

Li Keqiang said that since the 80s of last century, a very important move for China to implement the coastal development strategy is to "go in and out".

This strategy has effectively supported the rapid development of China's economy for more than 30 years, and has created the status of China's "world factory" today.

"But we must see that profound changes are taking place in the international market. China also needs to adapt itself to such changes and pform its own way of development.

In the past, the old way of "getting bigger and bigger" has been difficult to sustain.

The prime minister said, "we need to increase support for Chinese equipment" going out "and promote international cooperation in production capacity, so that China's foreign trade will shift from" big to big "to" better and better. "

Since the 80s of last century, tens of thousands of enterprises in China have benefited from the development strategy of "two out of all, big in and out out", and have won the first pot of gold.

They import raw materials from abroad, finish processing in the country, and then sell products to foreign countries, thus putting the two ends of the production process in the international market, and accumulating certain wealth through "going forward and coming out".

However, many enterprises have long known that lucrative profits are more focused on the research and development of the "front end", and Chinese enterprises earn only a small profit from "migrant workers".

On the 3 day's symposium, Li Keqiang analyzed that, for a long time, the development mode of "big in and big out" led to a large number of domestic employment, but also promoted the process of industrialization in China, but most of the profits did not stay in China.

"At present, China's labor costs continue to rise and resource constraints are increasing. The" big in and out "mode has been difficult to sustain, and we must promote a new pattern of" open up and better economy ".

He said.

The prime minister further explained that the so-called "better progress" means that we should selectively import advanced technology, key equipment and important parts according to our national conditions, starting from the long-term and fundamental interests of our country.

The so-called "excellent" is not only to export high-grade, high value-added products, but also to promote products, technology, services, "the whole industry chain export".

Li Keqiang said that supporting China's equipment to go out and promoting international cooperation in production capacity is to promote the pformation of foreign trade into "better and better progress".

This is conducive to fostering new advantages of opening up and deepening the integration of China's economy and the world economy at a higher level.

Li Keqiang said support for Chinese equipment going out and advancing

Cooperation is the key measure to upgrade the quality and efficiency of China's economy.

"If we want to keep the Chinese economy in the medium and high speed growth for a long time and move towards the middle and high end level, we must consider the issue from the global perspective, coordinate the two overall situations at home and abroad, and make good use of two international and domestic markets.

"

He said.

The prime minister said that at present, China should withstand the downward pressure of the economy and must use "dual engines" to help "double high".

The first is to create new engines to promote public entrepreneurship and innovation, and the two is to pform traditional engines and expand the supply of public goods and public services.

But "double engines" can't be built by shutting down doors. We must focus on the whole world.

Li Keqiang said, "now we can see that supporting China's equipment to go out, promoting international cooperation in production capacity, and configuring capacity elements and developing capacity markets on a global scale can boost the burden on China's rapid economic development."

He quoted statistics that in recent years, the export growth of China's equipment manufacturing industry was much higher than that of other consumer goods exports, and the growth rate of railway exports exceeded 20% in 2014.

In the long run, China's equipment export and international production capacity cooperation will have broader development space.

This will force us to constantly improve.

Quality and service level to improve the overall quality and core competitiveness of enterprises.

Li Keqiang is widely known as "super salesman" of Chinese equipment at home and abroad.

He said at the symposium that after years of development, the level of China's equipment manufacturing industry and the international market share have been rising. To a certain extent, it represents the improvement of China's economic core competitiveness and anti risk ability.

But he also pointed out that some manufacturing industries still exist "big but not good" and "big but not strong" problems. They are still in the middle and low end of the global industrial chain, and need to develop more advanced manufacturing industries.

"To develop more advanced manufacturing industry, we must not compete only in China," the prime minister said. "By supporting Chinese equipment to go out and enabling Chinese enterprises to compete with advanced and powerful multinational companies in the international market, this will force us to continuously improve the level of technology, quality and service, and improve the overall quality and core competitiveness of enterprises."

He therefore said that supporting China's equipment to go out and promoting international production capacity cooperation will not only help to withstand the pressure of the current economic downturn, but also push the Chinese economy forward from the middle to the low end.

Li Keqiang said that supporting China's equipment to go out and promoting international capacity cooperation is also a new fulcrum to enhance international competitive advantage.

"China's economy is growing in opening up, and the use of foreign capital and foreign trade is the two pillar."

He said, "but now, with the profound adjustment of the international economic and trade pattern and the changes in the conditions of our resources, we must continue to strengthen the pformation of the two old pillars and create a new pillar.

We should shift from "consumer goods exports" to "investment products exports".

He stressed that based on efforts to promote the pformation of foreign trade and the effective use of foreign capital, we can effectively enhance our comparative advantage and achieve a higher level of internationalization through the cooperation of "Trinity" of foreign investment, production capacity cooperation and commodity exports.