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    China'S Consumption Will Also Increase Rapidly This Year. Foreign Trade Is Changing From Big To Strong.

    2017/2/22 20:58:00 21

    Foreign TradeConsumptionMarket Quotation

    China's foreign trade is undergoing a historic pformation from big to strong. The new advantages of foreign trade competition, taking technology, standards, brand, quality and service as the core, have been accelerated. New technologies, new formats and new models are becoming new kinetic energy in foreign trade development.

    Gao Hucheng said that in 2016, China's foreign trade has stabilized.

    Mainly in 4 aspects: first, the annual import and export decline is less than 2015.

    In 2016, the import and export volume of 24 trillion and 300 billion yuan (nearly 3 trillion and 700 billion US dollars) was narrowed by 6.1 percentage points over 2015.

    Compared with the negative growth of 7% in 2015, there has been a marked improvement.

    Two is the quarterly import and export from the down to rise, the trend is gradually improving.

    Three, the international market share has stabilized and picked up.

    The international market share in the first half was 12.8%, and the first three quarters had risen to 13.1%.

    China's import and export volume is expected to increase further.

    Four, the total number of exports and imports has been growing positively, the total export volume has increased by 0.1%, and the number of imports has increased by 3.1%.

    The decline in trade volume was mainly due to the long-term downturn in some commodity prices.

    Gao Hucheng also interpreted the foreign trade from 4 aspects: 1.

    Commodity structure

    On the basis of continuous optimization, export commodities are shifted from consumer goods to consumer goods and investment goods.

    The annual export of large scale complete sets of equipment with high added value has increased by more than 5%, and the aerospace and photoelectric communication equipment with high technology content has increased by more than 10%.

    Two, the main body of trade is constantly optimized, and the proportion of private enterprises' exports has reached 46%, an increase of 0.8 percentage points, becoming the largest trade entity.

    Three, trade mode is constantly optimized, general trade exports accounted for 53.8%, increased by 0.4 percentage points, processing trade domestic value-added rate reached 44.6%, increased by 0.6 percentage points.

    Four, the new format has become a new driving force.

    In the pilot area, cross-border electricity suppliers import and export 163 billion 700 million yuan, an increase of more than 1 times.

    In analyzing the phenomenon of China's import and export less than US $20 billion 400 million in 2016, Gao said it was mainly caused by exchange rate fluctuations and international market commodity prices.

    China as a

    Trading power

    And the big exporter, a year's trade volume of nearly $4 trillion, exports in 2016 still occupy the world's first position, a $56 billion higher than some of our partners.

    Because of short-term market factors, tens of billions of dollars of fluctuations are relatively normal.

    The fundamental goal of developing import and export trade is to develop the national economy and improve people's living standards.

    "China's era of relying on low-cost development of foreign trade has ended. We will not blindly expand exports at the expense of domestic resources and environment. We will pay more attention to the quality and efficiency of growth compared with scale and speed."

    When it comes to the decline of foreign investment in January,

    Gao Hu Cheng

    In recent years, some products have been turned out, but there are also many high-end industries gathered in the Chinese market.

    "This is a result of the decisive role of the market in the allocation of resources."

    When it comes to the situation in January, he said it is difficult to explain the trend of the year with the situation at the beginning of this year, especially in the first quarter of the year because of the existence of the Spring Festival, which is not enough to explain the trend of attracting foreign investment in China.

    Consumption has been the first driver of economic growth for 3 consecutive years.

    Whether consumption will be so popular in 2017? In this regard, Gao said that consumption will grow rapidly in 2017 as residents' income growth and supply side structural reforms are pushed forward.

    He said that at present, there are five important changes in the consumer market. They are: consumer demand is changing from satisfying daily needs to pursuing quality; consumption mode is changing from offline to offline; consumer goods are changing from commodity oriented to commodity and service oriented; consumer behavior is changing from one thousand to one oriented to personality diversity; consumption concept is changing from ostentation to repetition to green economy.

    Gao Hucheng said that with the continuous growth of urban and rural residents' income, the structural reform of the supply side will be further promoted. During the "13th Five-Year" period, consumption will still maintain a strong upward trend. Consumption will also increase rapidly this year.

    The Ministry of Commerce will focus on the following 4 aspects: strengthening innovation drive, deepening circulation reform, readjust the supply structure and optimize the consumption environment, and strive to make up for the short board of low circulation efficiency, high cost, poor environment, and the mismatch of supply and demand structure, and further release the consumption potential and promote consumption upgrading.

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