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    The Pformation And Upgrading Of Foreign Trade Commodity Structure Has Made A Leap From China Made To China.

    2019/1/16 17:49:00 31

    Foreign Trade Commodity StructurePformation And UpgradingMade In ChinaCreated In China

                                                                         

         

    Recently, the State Party committee member and deputy director Zou Zhiwu of the General Administration of Customs held the theme of "new era, reform and opening up" held by China News Agency. The forum said at the 2018 meeting that the growth and development of China's foreign trade is the best epitome of China's historic pformation and historic achievement since reform and opening up.

    Over the past 40 years, the scale of China's foreign trade has been rising step by step, moving steadily from a trading power to a trading power. The pformation and upgrading of China's foreign trade commodity structure has gradually increased from China to China.

      

    The scale of foreign trade is rising step by step.

    Zou Zhiwu said that the work of our customs is at the forefront of reform and opening up. It should be witnessed and witnessed the miraculous growth of China's foreign trade since the reform and opening up.

      

    Zou Zhiwu said that in the past 40 years, the scale of China's foreign trade has been rising step by step, moving steadily from a trading power to a trading power.

    In 1999, China's foreign trade for the first time ranked among the top 10 in Global trade. After joining the WTO in 2001, China's opening to the outside world should be said to have entered a comprehensive, multi-level and wide-ranging historical stage.

    In 2004, China's foreign trade value climbed to a trillion dollar for the first time, then doubled to 2007, exceeding two trillion US dollars.

    From a trillion to two trillion, it took only three years to achieve such a leap in China, and the United States and Germany took eight years to achieve the same leap.

    In 2009, China's exports exceeded Germany and became the world's largest exporter. In 2013, it surpassed the United States and became the world's largest trade in goods.

    In the past 40 years, the total value of import and export of China's goods trade has increased 198 times, accounting for the proportion of global import and export, from 0.77% to 11.48% at the beginning.

      

    Zou Zhiwu further pointed out that in the past 40 years, the impact of China's foreign trade has gradually increased, which has injected strong impetus to China's and global economic growth. Foreign trade is the propeller of economic growth. The average growth rate of foreign trade in China in 40 years is 14.5%, which is obviously higher than that of China's GDP in the same period. The figure is in the US dollar level.

    As one of the three carriages driving the economy, export growth has greatly promoted the expansion of domestic industrial production.

      

    During the 40 years, the share of China's export market increased from 0.8% in 1978 to 12.8% in 2017. China now has 1400 of the world's largest share of commodity exports.

    Foreign trade is a stabilizer for expanding employment. At present, the number of foreign direct or indirect employment in China is nearly 200 million. Foreign trade is also a balancer of the balance of payments. Our trade surplus continues to expand, playing an important role in increasing foreign exchange reserves.

      

    Zou Zhiwu said that in 2005, the foreign trade surplus exceeded US $100 billion, and the surplus in 2015 reached a record $593 billion 900 million. In the same period, China's foreign exchange reserves also increased from less than one trillion US dollars to more than US $three trillion.

    In terms of global economic growth, China's foreign trade has become one of the most important forces to lead the growth of world trade.

    Whether developed economies or new economies are more and more dependent on China's trade, we have become the largest trading partners of the 130 countries and become the mainstay of world trade.

      

    The pformation and upgrading of foreign trade commodity structure Zou Zhiwu said that in the past 40 years, China's foreign trade commodity structure pformation and upgrading made by China gradually created a leap to China.

    In the first 30 years of reform and opening up, China's exports have grown from scratch to China's manufacturing and marketing world. In the past 10 years, China's foreign trade has progressively stepped up to a high quality development stage from the stage of rapid development. The figure created by China has become increasingly apparent, and exports are gradually getting rid of the dependence of resources and labor. The export leading industry has gradually upgraded from the traditional labor-intensive industries such as light industry and textile to the capital and technology intensive industries such as equipment manufacturing, high-tech industries and so on.

    China's high-speed rail, aerospace and communications equipment and other high value-added products continue to expand overseas markets with a strong performance and steady pace.

      

    Zou Zhiwu said that in 1986, China's largest export products were textiles and clothing. In 1995, the export of mechanical and electrical products for the first time replaced textiles and clothing, becoming the first category of export commodities. This marks the pformation of China's export commodities from labor intensive to capital and technology intensive.

    In 2003, the export of mechanical and electrical products accounted for half of the total value of China's exports. In 2011, the export of mechanical and electrical products exceeded the trillion dollar mark. In 2017, the export of mechanical and electrical products increased to 1 trillion and 320 billion US dollars, accounting for nearly 60% of China's total exports, reaching the highest point in history.

      

    In the past 40 years, the main body of our foreign trade has been flourishing, from the original state-owned enterprises to the largest foreign-invested enterprises, and then to private enterprises.

    Before 1992, the main body of China's foreign trade operation was state-owned enterprises and foreign-invested enterprises. In 1993, private enterprises began to enter the stage of history. In 1998, foreign invested enterprises surpassed state-owned enterprises and became the largest business entities in China's foreign trade.

      

    Since 2008, the performance of private enterprises has become increasingly prominent. From 2008 to 2017, the total value of imports and exports of private enterprises increased from 536 billion US dollars to 15815 billion US dollars, with an average annual growth of 12.8%. This increase is 7.4 percentage points higher than the average annual growth of China's foreign trade and import and export, and the proportion of the total import and export of China's private enterprises has increased from 20.9% to 38.5%.

         

         

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