"One Belt And One Road" To Forge New Vigor In Foreign Trade With FTA

At the recent news conference, deputy director general of the Ministry of Commerce, Lu Lu Xun, said: "the vision and action of" one belt and one road "has provided a very good opportunity to enhance the level of economic and trade cooperation between China and the countries along the line.

He explained the importance of economic and trade cooperation between China and other countries along the border with a set of detailed data: from 2001 to 2014, the average annual growth rate of trade between China and the countries along the "belt and road" was 22.2%, higher than that of China.

The average growth rate is 4.4 percentage points. The proportion of trade between China and the countries along the belt and road has accounted for 16.2% of China's total foreign trade from 16.2% in 2001 to 26% in 2014.

The interconnection and interconnection of infrastructure in the construction of "one belt and one road" is conducive to strengthening regional economic and trade cooperation. On the one hand, Chinese enterprises take part in the construction of "one belt and one road" and stimulate exports through foreign investment; on the other hand, China will also increase imports from the countries along the line.

According to Wen bin analysis, first, infrastructure construction such as railways, highways, ports and power stations will promote the export of our railway, nuclear power, machinery and other equipment manufacturing industries, as well as foreign labor contracts. Two, the construction of overseas industrial parks can promote international production capacity cooperation; three, energy source project cooperation can promote the economic development of relevant countries and achieve mutual benefit and mutual benefit.

In addition, "

"Strategy also brings new opportunities for China's foreign trade growth.

According to statistics, the "one belt along the way" covers 4 billion 400 million population, 26 countries and 21 trillion US dollars, many of which are emerging economies.

The implementation of the "one belt and one way" national strategy will certainly help our country to develop new markets and play the "national strategy".

"Brand" speeds up the pace of "going out" of Chinese enterprises.

After 10 years and 14 rounds of negotiations, the free trade agreement between the People's Republic of China government and the Republic of Korea government was signed in June 1st.

This is the FTA that China has signed so far, covering the widest range and involving the largest trade volume in the country. It will further promote trade liberalization and investment facilitation and narrow bilateral economic and trade cooperation.

At the same time, Guangdong, Tianjin and Fujian have officially launched the three major free trade zones. The Shanghai free trade zone has officially expanded, and the structural reform has been overweight, which has greatly enhanced the degree of opening up to the outside world.

All of these will work together with the "one belt and one way" strategy to create new vitality in China's foreign trade.

According to the statistics of the Ministry of Commerce, in the first three quarters of 2013, China's growth in imports and exports of FTA partners was obvious. In the first three quarters, 9 Import and export partners (excluding Taiwan, Hong Kong and Macau), including ASEAN, Chile and New Zealand, accounted for 481 billion 100 million US dollars, accounting for 15.7% of the total foreign trade volume, up 1.2 percentage points from the same period last year.

The Research Report of the research center of the Bank of communications shows that the new opening up strategy based on the "one belt, one way", the free trade area construction and the "going out" strategy will expand China's economic development to a new level while expanding the new external space and realizing interoperability.