The Ministry Of Commerce Will Take Measures To Promote Diversification Of Trade Market.

The Ministry of Commerce has held a regular press conference recently. The spokesman said that the Ministry of Commerce will take measures to expand trade scale with emerging markets and promote diversification of trade market.

According to statistics, from 2009 to 2018, the proportion of emerging markets in China's imports and exports rose from 51.7% to 57.7%, an increase of 6 percentage points. The summit said that the market potential of emerging markets and developing countries such as "one belt and one road" is huge. The MOFCOM will rely mainly on market forces to give full play to the main role of enterprises and expand the scale of trade with these countries and regions.

Ministry of Commerce spokesman Summit: By speeding up the construction of the free trade area, signing higher standard FTA with more countries, lowering the overall tariff level, and further promoting trade and investment liberalization and facilitation. We should strengthen the role of the original intergovernmental economic and trade cooperation mechanism, and push forward with the more willing countries to sign a trade and opening trade working group, strengthen exchanges and cooperation, and create a favorable trade environment for enterprises.

In addition, public services such as trade promotion will be strengthened. Timely update the information on the trade and investment environment of the country, invest abroad and cooperate with the country guide and other market information, support the relevant industry organizations and trade promotion agencies to build public service platforms, and actively help enterprises to participate in trade promotion activities at home and abroad. Encourage the development of new trade formats and new models. We should give full play to the promotion role of cross-border electricity suppliers and market procurement to import and export, and encourage enterprises to improve the international marketing network system.