2016 Foreign Trade: The Decline Will Narrow And Gradually Stabilize.

According to customs statistics, in the first 2 months of this year, the total value of China's imports and exports has declined considerably. This reflects the fact that demand for international market is still very weak in 2016, and the foreign trade situation is still grim and complicated.

In response, Shen Danyang, a spokesman for the Ministry of Commerce, said in answer to a reporter's question: "after March, the trend of China's foreign trade will gradually narrow down, and it will be possible for foreign trade to stabilize."

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On the morning of March 17th,

A regular press conference was held and the China economic network was broadcast live.

The picture shows Shen Danyang, spokesman of the Ministry of Commerce.

China economic net reporter Wu Jing photo

Shen Danyang said that in the first two months of 2015, the base was relatively high, and the export volume was 199 billion 890 million US dollars in January. The monthly export volume was the third highest in the whole year. In February, the export grew by 48.2% over the same period last year, and the monthly growth rate was the highest in the whole year. With the influence of the Spring Festival factor, the data in the first 2 months of this year had many factors which could not be compared with each other, and could not fully reflect the trend of the whole year's foreign trade.

Shen Danyang said, from an international perspective, the International Monetary Fund,

Other authoritative institutions generally lowered the global economic growth rate in 2016 to the lowest level in 6 years, and the Baltic Dry Index dropped to 349 points, the lowest level in history.

International Commodities and raw materials prices continue to decline, still lingering low, and some areas are volatile.

The trade frictions increased.

We also noted that the exports of the 30 major economies in the world recently released this year's foreign trade data have dropped sharply to varying degrees, of which more than 10 of the major economies with a decline of more than 2 digits, such as the US decreased by 10.7%, Japan's 12.9% down, South Korea's decline by 18.8%, Canada's fall by 12.4%, Brazil's decline by 17.9%, India's decline by 13.6%, and Taiwan's decline by 13%.

Referring to domestic factors, Shen Danyang said: "the cost of enterprise elements has continued to rise, the traditional competitive advantage of foreign trade has weakened, fixed asset investment has continued to slow down, import demand has declined, especially the outward pfer of industries and orders is accelerating, and the export of processing trade has dropped for 12 consecutive months, exceeding the level of the international financial crisis.

These indicate that the difficulties of foreign trade are not short-term. "

Although the foreign trade situation is grim, it also faces many favorable conditions.

Shen Danyang pointed out that China and developed countries and developing countries still have strong complementarity in their industrial structure. The infrastructure is complete, the industry is complete and the business environment is continuously improving. They have strong comprehensive competitive advantages and comparative advantages. The fundamentals of China's foreign trade development have not changed.

At the same time, the structure of foreign trade development has been continuously optimized, pformation and upgrading, and power pformation are accelerating.

Some enterprises focus on the main industry, continue to innovate, cultivate their own brands, increase overseas marketing network construction, and continuously enhance their international competitiveness.

"These are all new growth drivers of foreign trade, and will drive foreign trade to continue to improve."

He emphasized.