China'S Current Foreign Trade Situation Is More Severe And Complex Than In 2015

Qian Keming, Vice Minister of Commerce, said today that the 21 executive meeting of the State Council deliberated and adopted policies and measures to promote the stability of foreign trade. This is mainly due to the fact that the situation facing foreign trade is more severe and complex than in 2015.

The Information Office of the State Council held a regular policy briefing today, and invited the Ministry of Commerce's international trade negotiations and vice minister of Zijin Mountain to introduce the relevant policies to promote the stability of foreign trade, and invited the deputy director of the national development and Reform Commission, Lin Nianxiu, to introduce the situation of building a double innovation base, and to answer the reporters' questions.

Qian Keming said that in 2015, the foreign trade handed in a beautiful answer. Although the growth rate has declined, China's total import and export volume still ranks first in the world.

It is worth mentioning that exports accounted for 13.8% of the world's share and increased by 1.5 percentage points.

In 2014, it was 0.6 percentage points higher than in 2013, 0.6 percentage points higher in 2012 than in 2012, and 1.5 percentage points higher in 2015 than in 2014.

The share of the global market has been further expanded and faster than before.

Against this background, the 21 executive meeting of the State Council deliberated and adopted policies and measures to promote the stabilization of foreign trade. This is mainly due to the fact that the situation facing foreign trade is more severe and complex than in 2015.

Some time ago, the IMF and WTO released the expected figures on the readjustment of global economic and trade growth, warning the World Trade Office of its worst period in 30 years.

Generally speaking, the external demand is insufficient, the situation is rather complicated, and the macro control policies of different countries are divided and the difficulty of coordination is increasing.

In the face of such a complicated situation, the total volume of imports and exports, total exports and imports decreased by 11.3%, 9.6% and 13.5% in the first quarter of this year. The decline is still expanding compared with last year.

Therefore, under such a big background, the Executive Council of the State Council deliberated and adopted the policy measures to promote the stabilization of foreign trade in 21 days.

From the international perspective, the shortage of external demand is very obvious.

Data show that imports of 64 economies, which have already released data, have generally declined in the first two months, of which 58 economies have declined.

The IMF and WTO once again lowered global economic and trade growth expectations, warning the world trade office at its worst.

Moreover, the international competition is more intense, and the trade frictions against some key industries and traditional trade giants in China are increasing.

In the face of the bad economic situation, Global trade protectionism is on the rise and trade frictions against China are intensifying.

From the domestic situation, China

The cost continues to rise, especially in coastal areas, where labor costs are 4-6 times that of neighboring countries.

Under such circumstances, the pfer of industries and orders to foreign countries is accelerated.

Since 2013, the pfer of Chinese industries to foreign countries has reduced export capacity by about US $95 billion, or nearly US $100 billion.

The pfer of industries to overseas also led to trade diversion, and processing trade continued to decline significantly.

In addition, the business environment needs further improvement.

Recently, the Ministry of Commerce conducted a questionnaire survey of 3000 foreign trade enterprises, indicating that 57.7% of enterprises believe that the export situation this year is more severe than last year.

Facing the current grim and complicated

The current policy and measures mainly embody the following two characteristics: first, give consideration to steady growth and structural adjustment.

Adjusting growth and adjusting structure are the two wheels of foreign trade work.

China's foreign trade is at a critical stage of its climb. It faces two tasks: consolidating the traditional advantages of foreign trade, stabilizing the traditional kinetic energy and stalling, and accelerating the cultivation of new kinetic energy.

Therefore, this policy measure takes account of these two aspects.

In consolidating the traditional advantages, focusing on the problems commonly reflected by enterprises, we put forward to further reduce the inspection rate of export commodities, reduce and standardize the charges related to enterprises, and encourage loans to foreign trade enterprises with orders and efficiency.

Burden on enterprises and

To do subtraction, in order to increase the competitiveness of enterprises.

In cultivating new advantages, it is clear that we should further support the development of new business models, cultivate independent brands of foreign trade, strengthen the protection of intellectual property rights, and create a favorable environment for the innovation and development of foreign trade enterprises through the reform of the supply side of foreign trade.

The two is to improve the accuracy and pertinence of policies.

For example, we should improve the processing trade policy. This time, we have also differentiated policies, made comprehensive efforts, and worked hard to support the pfer of processing trade to the central and western regions.

In addition to the central government's policy, it also requires local governments to learn from each other's experiences and practices, and to replicate and popularize them to other regions.

According to the needs of the situation and the characteristics of the region, the targeted supporting measures were introduced.

On the whole, the measures are practical and targeted, which will further promote the steady growth of foreign trade and adjust the structure.

Finally, Qian Keming said that in order to ensure the real landing of the State Council policy, the Ministry of Commerce decided this year to implement the foreign trade policy and implement the policy.

The Ministry of Commerce will intensify policy implementation with local authorities and departments, step up policies and strive to achieve a stable return on foreign trade.