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    The Reform Of Supply Side Of Foreign Trade Is Imminent.

    2016/3/11 20:23:00 34

    Foreign TradeSupply SideReform

    The decline in the growth rate of foreign trade since last year has not caused concern among CPPCC members. On the contrary, the overwhelming majority of members are still confident about the development of foreign trade, and are looking forward to the structural reform of the supply side of foreign trade.

    The CPPCC members interviewed said that the structural reform of the supply side of foreign trade can resolve excess capacity and improve product quality, which is the path to create new advantages in foreign trade competition.

    "In the field of foreign trade, we need to accelerate structural reforms on the supply side so as to gain new competitive advantages."

    Sun Taili, chairman of the CPPCC National Committee and chairman of Tianjin Qing Da Investment Group, said in an exclusive interview with the International Business Daily reporter that with the acceleration of the structural reform of the supply side, foreign trade has passed the supply side reform bridge during the difficult economic period, and there will be great potential for growth, and the benefits of the growth will be better and the quality will be better.

    The supply side structural reform in the field of foreign trade has become a driving force.

    Foreign trade development

    Important measures.

    Wang Yang, vice premier of the State Council, in February, when he studied foreign trade work in Jiangsu, stressed that we must firmly grasp the two major objectives of steady growth and structural adjustment in foreign trade, and strive to promote structural reforms in the supply side of foreign trade, consolidate the traditional development advantages, cultivate new development momentum, and do everything possible to achieve a stable and stable pformation of imports and exports.

    What is the supply side reform that has been so popular in the field of foreign trade? Wang Wenbiao, chairman of the CPPCC National Committee and chairman of Yili Resources Group Co., Ltd., made an analogy: a chef entertained guests and made ten dishes, but only seven people came to dinner, and the result was not finished.

    Why didn't you finish eating? From the chef's point of view, there are two possible reasons: first, more dishes, that is, relative surplus of production capacity; two, the taste of dishes themselves, that is, product problems.

    Sun Taili said that the reason why we need to push forward the supply side reform is that the market demand has shrunk since the outbreak of the global financial crisis, and the rapid expansion of China's rapid economic growth has not been able to brake at once, resulting in a relative surplus of production capacity. Two, the problem of lack of product quality, lack of brand and low added value during the rapid growth of Global trade has been exposed rapidly after the global demand has shrunk.

    "Therefore, the success of the supply side reform in the field of foreign trade determines the strength of the future competitive advantage and growth momentum of foreign trade, which is very urgent."

    "Starting from products, abandoning Shanzhai culture."

    Yang Yuanqing, chairman of the CPPCC National Committee and chairman and chief executive officer of Lenovo Group, said in an interview with the International Business Daily reporter that promoting structural reforms in the supply side of foreign trade should start with products and enterprises.

    Sun Taili said that the supply side structural reform in the field of foreign trade can be done according to the requirements of "three ways to make up and down" (that is, "going to capacity, going to inventory, deleveraging, reducing costs and reducing costs"). First, eliminate backward surplus capacity, eliminate zombie enterprises, promote pformation and upgrading of low-end products, leave space for enterprises with promising prospects; two, reduce inventories and reduce material consumption; three, turn invalid leverage into effective leverage; and four, reduce enterprises.

    Taxation

    Burden, improve the level of trade facilitation, reduce the time and economic cost of foreign trade enterprises; five, eliminate backward production capacity at the same time, at the same time, we can speed up the development of foreign trade enterprises by means of "independent R & D + import", so as to increase the added value of products and promote the green development of enterprises.

    "Through the adjustment of industrial structure, vigorously developing the service industry is also a good way to promote structural reform of the supply side of foreign trade."

    Sun Yinhuan, chairman of the twelfth CPPCC Standing Committee and chairman of the board of directors of Yida group, said in an interview with reporters.

    Service industry

    It can improve the operation efficiency of foreign trade enterprises, reduce costs, improve the quality and grade of foreign trade industry, and play an important role in the structural reform of the supply side of foreign trade.

    Yang Yuanqing said that Lenovo will continue to take a number of initiatives this year to resolutely abandon Shanzhai culture: first, to increase R & D investment and promote the development of innovative and high quality products.

    As of March this year, Lenovo's total R & D investment has reached 1 billion 500 million US dollars; the two is to continue to build corporate brand and promote the export of quality products, "not only to win the trust of domestic consumers, but also to the consumers all over the world."


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