China'S Foreign Trade Has Lost Gold And China'S Foreign Trade Strength Has Not Weakened.

In the 2016 Global trade competition, China lost the gold medal for three consecutive years and lost to the United States with a gap of $20 billion 400 million.

There are accidents and accidents, and so does trade.

2016 China

The two biggest surprise is that exchange rate fluctuations and international commodity prices are still in the doldrums.

Influenced by the strength of the US dollar, the RMB exchange rate against the US dollar has been depreciated by 3.3% in 30 working days. This will naturally reduce the total import and export volume in dollar terms.

Commodity prices also declined for a long time, resulting in a significant decline in imports.

As a matter of fact, although China is temporarily living in the "runner up", China's foreign trade strength has not weakened, but it has been stronger.

As the largest trading partner of the more than 120 countries and regions in the world, China's total foreign trade volume is close to US $4 trillion a year and its trade surplus exceeds US $500 billion.

On "physique", China's representative export commodities are coming from

The small profits of shoes, bags and other small gadgets have gradually shifted to mechanical and electrical products and equipment manufacturing products with higher technical level and higher added value.

This means that China's position in the global value chain has improved, accelerating from the bottom of the "smile curve" to the two sides.

According to official figures, the export of motor and generator in China increased by 5% in 2016, and the export of aerospace, photoelectric and communication equipment increased by more than 10%, obviously faster than the growth of textiles and plastic products in the same period.

As Gao Hucheng, Minister of Commerce of China, said, China

Commodities are mainly from consumer goods to consumer goods and investment goods, and commodity structure is constantly optimized.

Over the same period, China's general trade exports accounted for 53.8%, an increase of 0.4 percentage points, indicating that exports of independent brand products were growing and export efficiency continued to increase.

The "skills", which are squeezed by the newly emerging economies with lower labor costs and the two developed countries that urge the manufacturing industry to reflux, are becoming more and more Chinese enterprises trying to find ways to survive: acquiring overseas counterparts to acquire advanced technology, and concentrating on improving R & D investment and development of new products.

A large number of Chinese enterprises are striving to cultivate new competitive advantages with technology, brand and quality as the core, and the competitiveness of products and enterprises is further enhanced, according to the head of the foreign trade division of the Ministry of Commerce.

The total number of import and export titles has been stolen by the US, which seems to make China five flavours.

But we need to see that the fundamental goal of trade is to develop our economy and give people more benefits.

Compared with the "face" of scale and speed, the "quality" of quality and efficiency is more important.

For China, instead of entangling whether the foreign trade can win the first prize, it is better to concentrate on speeding up the pition of traditional trade growth momentum to new growth momentum, and avoid "green leaves".

This is the expression China deserves after losing the gold medal of foreign trade.

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