In The Post Epidemic Era, Is "One Belt And One Road" A Way Out For Foreign Trade Enterprises?

At present, China's epidemic prevention and control work has made some progress, but the new crown pneumonia epidemic is still spreading rapidly overseas, and other areas like Europe and the United States become the new epicenter of the epidemic. For foreign trade enterprises, in the first half, "lack of people", the second half of the "lack of single", the road of recovery is extremely difficult.

Global trade is declining and foreign trade is under pressure.

Since March, the epidemic situation has been showing a trend of pandemic. The production and consumption of various epidemic countries have shrunk, the stock market has been frequently oscillating, trade activities have been significantly reduced, and the risk of global economic recession is constantly accumulating. International agencies such as the International Monetary Fund and the OECD have cut the forecast of global economic growth this year. WTO expects global trade to decline sharply this year.

Li Yang, deputy director of the Industrial Investment Research Institute of Sai Di think tank, the Ministry of industry and commerce, pointed out that at present, the epidemic situation in Europe and America is in the outbreak stage. The economic situation of these countries has not been very good in recent years. After the outbreak of the epidemic, a large number of factories are closed down and consumption is stagnant.

Wang Tao, chief economist at UBS, also holds the same view. He admitted that although the economic activity began to recover gradually at the end of 2, the impact of the new crown will continue for some time. The interruption of the global supply chain and trade logistics may also increase, which will further pressure China's import and export activities.

The survey showed that thousands of foreign trade enterprises in China were forced to postpone the delivery and collection of foreign exchange, and even some orders were transferred. Every year, 3-5 months are the peak period for export orders, but many foreign trade enterprises have reduced their new orders to varying degrees, and logistics plugging has also changed from domestic to international. Many ports in Europe and the United States have closed down, flights have been grounded, air power has been reduced by half and costs have risen sharply. Some high-tech middleware and new materials are facing the risk of disconnection, and the pressure of foreign trade is doubled.

"One belt and one road" trade cooperation is full of toughness.

The impact of the new crown pneumonia epidemic on import and export trade is widely seen in the data released by the General Administration of Customs recently. In the first two months of this year, China's foreign trade showed a marked decline. In dollar terms, total import and export volume fell by 11% compared with the same period last year, and exports dropped by 17.2%.

But at the same time, the total trade volume between China and the countries along the "belt and road" has increased by 0.4%, which accounts for 31.7% of China's total foreign trade and 3.6 percentage points over the same period last year.

In addition, the Ministry of Commerce issued a news release in late February, saying that the overall progress of the "one belt and one way" cooperation project was stable, and there was no extensive extension due to the new crown pneumonia epidemic. According to a set of data released by China Railway Group in April 3rd, China and Europe listed 1941 columns in the first quarter, sending 174 thousand TEUs, up 15% and 18% respectively, and the overall heavy container rate reached 98.1%. The smooth trade of "one belt and one road" shows the strong vitality of China's economy and more confidence and motivation for the recovery of foreign trade enterprises.

According to Xiong Wei, head of the "all in one" Office of Deutsche Bank, the influence of China's "one belt and one road" initiative has been far beyond expectations from the perspective of geographical coverage and economic effects. He pointed out that although the outbreak of the new coronavirus is affecting the global economy, trade has not been interrupted, "which also includes the role of the" one belt road initiative ".

Focusing on "one belt and one road", all regions help boost foreign trade recovery.

Foreign trade is the forefront of China's opening to the outside world. It is also an important way to promote economic globalization and an important link to deepen mutually beneficial cooperation. In order to reduce the negative impact of the epidemic on foreign trade, the Ministry of Commerce, the Ministry of industry and commerce, the central bank, the customs, the Trade Promotion Council and the credit guarantee departments have issued supportive policies. Guangdong, Zhejiang, Henan, Gansu, Jiangsu, Shandong, Shaanxi, Heilongjiang, Guangxi, Jiangxi and many other places have also introduced specific measures to help foreign trade enterprises get out of difficulties.

In recent years, stable trade has also been the focus of attention in the "one belt and one road" work plan.

In Zhejiang province's "2020 key points of Zhejiang's" important area of "one belt and one road", it clearly referred to the full implementation of the new policy of stable foreign trade, strengthening the layout and cooperation of the global industrial chain, optimizing the "going out" service policy of the enterprises, promoting the implementation of the policy of supporting elements and strengthening the service guarantee of financial policies.

Ningxia issued the 2020 work plan to promote the "one belt and one way" and inland open economic Experimental Zone, and mentioned that we should actively develop new modes of cross border electricity supplier, service trade, service outsourcing and other new formats to help enterprises reduce transaction costs and establish overseas marketing service centers, and steadily increase the proportion of total imports and exports along the "one belt along the way".

The plan of action for the construction of "one belt and one road" in Shaanxi Province in 2020 emphasizes the cultivation of a new mode of foreign trade. It is pointed out that we need to push forward the construction of Xi'an comprehensive e-business pilot zone and comprehensive service platform for foreign trade, cultivate national foreign trade transformation and upgrading bases, and export bases with special features at the provincial level, and actively create state-level import trade promotion innovation demonstration zones.

In addition, Chongqing has actively integrated into the "one belt along the way" to accelerate the construction of the inland open highland leading group meeting, and proposed to optimize the open environment and increase the opening up in the manufacturing, service and agricultural fields; and the Jiangsu Provincial Office of the leading group office of the "one belt and one road" construction work emphasized the necessary support for major projects and key enterprises concerned with the overall situation this year. It helps to speed up the return of workers in low-risk areas and organize the supply of domestic means of production to catch up with overseas demand.

At the beginning of the epidemic, the "one belt and one way" trade grew against the trend. At present, the "one belt and one way" cooperation has become an important force for foreign trade. It is believed that the "one belt and one way" trade cooperation will bring more opportunities and possibilities for the recovery of foreign trade enterprises.