The Environment Of Foreign Trade Is Still Grim And "Three Carriages" Coordinated Development.

In order to promote the positive development of China's foreign trade, the State Council issued the following opinions on the promotion of the stability of foreign trade, namely, the opinions, from the 5 aspects of fiscal and taxation financial support, strengthening the training of foreign trade competitive advantages, optimizing the structure of foreign trade and improving the environment of foreign trade, and so on, launching 14 policy measures to promote the innovation and development of foreign trade, and strive to achieve a stable return of foreign trade.

"From this year's foreign trade data,

It is still grim. Through a series of reforms, fostering the new advantage of foreign trade competition is the core of the opinion.

Xu Hongcai, Minister of Economic Research of China International Economic Exchange Center, told reporters at the Securities Daily that relying on consumption, investment and exports to coordinate the pformation of "three carriages" was the main task of China's economic growth during the "13th Five-Year" period.

According to the data of the General Administration of Customs in May 8th, the total value of imports and exports in April was 1 trillion and 950 billion yuan.

Among them, exports were 1 trillion and 130 billion yuan, an increase of 4.1%, imports of 827 billion 500 million yuan, a decrease of 5.7%, and a trade surplus of 298 billion yuan.

"To promote the development of foreign trade, the economies of both sides of the trade are all going well. The foreign trade data released in May 8th have been warmer, and some of them are related to the warmer external environment."

Economist

Told reporters that the 14 measures of the State Council are mainly aimed at stimulating domestic enterprises to go out actively, such as further reducing short-term export credit.

We should improve the export tax rebate policy, support the financing of foreign trade enterprises, reduce the exemption and standardize some charges related to enterprises, and promote the growth of domestic economy at the same time of going out. This can be regarded as a big bonus of foreign trade enterprises, which helps to maintain the stability of China's foreign trade in a complex international environment.

Hou Jinyu said that the growth of foreign trade this year is generally better than that of external demand, global deflation and massive decline last year.

However, we must also see that the constraints remain. Export demand has never really improved since the beginning of this year. The import depends on the length and height of the domestic recovery period. At present, the stimulus policy is hard to predict. In April, the import rebound may not be as expected.

"But what we need to pay attention to is that the current unilateral foreign trade stimulus policy does not necessarily enable domestic products to enter into a depressed or saturated overseas market. If the overseas market remains depressed, our foreign trade situation is still grim even if there is no competition between countries."

Song Qinghui said.

"Import and export data in April were weaker than that of the previous month, but after the elimination of monthly fluctuations, the overall trend has been better, and the judgement of the severe winter of foreign trade has been maintained. However, we must also see that the constraints remain.

The 14 measures of the State Council will enhance the competitiveness of foreign trade on a long-term scale.

Hou Jinyu, a macroeconomics researcher at Huatai Securities Research Institute, told reporters.

From the policy point of view, the 14 measures of the State Council are a higher department level, with the core measures to strengthen trade finance and foreign trade services, as well as more long-term arrangements such as independent brands and intellectual property rights.

These policies will enhance China's foreign trade competitiveness on a long-term scale and make preparations for future China's more open and trade agreements.