Shandong Issued 10 Views On Stabilizing Foreign Trade Growth

Reporters from the 19 day held in Shandong to stabilize the growth of foreign trade and accelerate the development of new competitive advantages, the video conference revealed that the import and export, export and import of Shandong in April were $73 billion 980 million, $42 billion 200 million and $31 billion 780 million, down 18.5%, 2.8% and 32.8%, respectively, representing an increase of 10.9, 4.4 and 15.5 percentage points.

According to Lv Wei, deputy director of the Shandong Provincial Department of Commerce, 1-4 months, the province's foreign trade has dropped to a large extent, mainly due to a significant drop in imports. Imports have decreased by 15 billion 510 million US dollars, directly pulling down 17.1 percentage points of foreign trade in the whole province.

In addition, affected by PPI's negative growth for 38 consecutive months, export prices showed a downward trend despite the increase in the number of export commodities in Shandong Province, while the export price dropped by 5.6 percentage points.

In the face of grim

Situation, recently, Shandong province urgently issued the 10 opinions on "stabilizing foreign trade growth and accelerating the cultivation of new competitive advantages", including efforts to cultivate new advantages in export competition and actively optimize it.

We should speed up the development of new trade ways, comprehensively enhance service trade, vigorously promote international production capacity cooperation, deeply integrate into the "one belt road" construction, actively participate in the cooperation between China and Korea, promote the construction of large customs clearance, constantly improve the policy system, and create a rule based international business environment. We will strive to foster new advantages in export competition and strive to achieve steady growth in foreign trade.

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