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    Zhongshan: Stabilize The Basic Market Of Foreign Trade And Foreign Investment And Promote The Development Of Domestic Consumption

    2020/8/10 13:13:00 2

    ZhongshanForeign TradeForeign InvestmentConsumption

    In the first half of the year, affected by the spread of the global epidemic, international market demand and transnational investment decreased significantly, and domestic market demand was impacted to a certain extent. Overcoming unprecedented difficulties and challenges, China's foreign trade, foreign investment and consumption have delivered a good "semi annual report". Next, how will the Ministry of Commerce implement policies in stabilizing foreign trade, stabilizing foreign investment and promoting consumption? The reporter interviewed Zhong Shan, Minister of Commerce.

    The consumption of foreign trade and foreign capital has recovered steadily and is better than expected

    Reporter: in the first half of the year, in the face of the impact of the epidemic, what are the characteristics of China's foreign trade, foreign investment, consumption and other business sectors?

    Zhong Shan: under the strong leadership of the CPC Central Committee with Comrade Xi Jinping as the core and through the joint efforts of the whole country, at present, China's epidemic prevention and control has made significant strategic achievements, and the economic development has shown a stable trend. Foreign trade, foreign investment, and consumption have recovered steadily and better than expected, making positive contributions to the steady recovery of the economy. The specific performance is as follows:

    The decline in foreign trade narrowed. The import and export of goods in the first half of the year was 14.2 trillion yuan, a year-on-year decrease of 3.2%, and the decline rate was 3.3 percentage points narrower than that in the first quarter. China's global market share rose, and the export performance was better than that of major economies. The structure was further optimized. The export of high-quality, high-tech and high-value-added products such as integrated circuits, notebook computers and new energy vehicles grew rapidly. The proportion of exports to countries along the belt and road increased by 0.6 percentage points to 30.6%. The proportion of private-owned enterprises in the export sector increased to 53.9%, accounting for 95% of the total export. New formats and new models have become new growth points. Cross border e-commerce exports increased by 28.7%, and market procurement trade mode exports increased by 33.4%.

    Foreign investment is basically stable. The utilization of foreign capital decreased by 22.3% in the first half of the year, down by 22.3% in the first half of the year. The number of foreign-funded large projects increased, with 320 large-scale projects over 100 million US dollars. The proportion of foreign investment in service industry increased to 76.6%, with a rapid growth rate of 19.6%. The role of open platform is prominent. The national economic development zone has achieved remarkable results in attracting investment online and offline. The utilization of foreign investment in the pilot free trade zone maintained an increase of 2.6 percentage points to 17.1%.

    Consumption is gradually picking up. The total retail sales of consumer goods in the first half of the year was 17.2 trillion yuan, down 11.4%, 7.6 percentage points lower than that in the first quarter. During the period of epidemic prevention and control, the supply of daily necessities was sufficient and the prices were basically stable. Consumption of goods rose month by month. In June, the retail sales of goods were close to the same period last year, and the sales of ten categories of goods, such as household appliances and communication equipment, achieved positive growth. Network consumption has become a new bright spot. Online retail sales of goods reached 4.3 trillion yuan, an increase of 14.3%. Service consumption has recovered. The decline rate of catering income was 11.5 percentage points lower than that in the first quarter, and the industry as a whole showed a recovery trend.

    The achievements of China's foreign trade, foreign investment and consumption in the first half of the year fully prove that the Party Central Committee's judgment of the situation is completely correct, that the work deployment of comprehensively promoting epidemic prevention and control and economic and social development is very timely, and the policies and measures taken are effective. In the second half of the year, the main task of the national business work is to stabilize the basic foreign trade and foreign investment, promote the development of domestic consumption, and promote the domestic and international dual circulation.

    Efforts should be made to stabilize the main body of foreign trade

    Reporter: the World Trade Organization predicts that the global trade in goods will drop by 13% to 32% this year. How to look at the situation of China's foreign trade in the second half of the year? What measures will the Ministry of Commerce take to stabilize foreign trade?

    Zhong Shan: in the second half of the year, China's foreign trade is facing a more complex and severe situation. The impact of the world economic downturn on demand will be further revealed. The supply chain of the industrial chain is blocked, and the trend of thought of protectionism and anti globalization is heating up. The survival pressure of foreign trade enterprises is still great. We should work hard to stabilize the main body of foreign trade, stabilize the industrial chain supply chain, and stabilize the status of a global trade power.

    First, increase policy support. We will promote the introduction and implementation of export tax rebate, foreign trade credit, export credit insurance, export to domestic sales and other policies to stabilize enterprises, so that the policies can benefit more foreign trade enterprises, encourage enterprises to innovate and develop, and stimulate their vitality. According to the changes in the situation, we should strengthen policy reserves and promote the introduction of new policies and measures.

    Second, optimize the international market layout. We will consolidate traditional markets, open up emerging markets, and deepen the belt and Road Economic and trade cooperation. We should innovate the exhibition mode, combine online and offline, run the Canton Fair and other exhibitions well, and support enterprises to build overseas international marketing network and overseas warehouses. Actively expand imports, run the third China International Import Expo, meet the needs of domestic production and living, and boost the confidence of the global market.

    Third, develop new formats and new models. This year, we have accelerated the pilot projects of cross-border e-commerce and market procurement trade, and expanded the number of cross-border e-commerce comprehensive pilot zones from 59 to 105. We will speed up the implementation of these new modes of trade, and vigorously support the establishment of new business models.

    Stabilize the stock of foreign capital and expand the increment of foreign capital

    Reporter: the epidemic has impacted on global transnational investment. What measures will the Ministry of Commerce take to stabilize foreign investment?

    Zhong Shan: at present, the global transnational investment has shrunk sharply. Some countries have encouraged the industry to return, the competition for attracting foreign capital has intensified, and the pressure on China's industries to transfer outward has increased, and the difficulty in utilizing foreign capital has increased. At the same time, China has a huge market with a population of 1.4 billion and a complete industrial supporting system, and the business environment is constantly improving. I believe that smart foreign investors will not give up the Chinese market. In the second half of the year, the Ministry of Commerce will focus on stabilizing the stock of foreign capital and expanding the increment of foreign capital, so as to maintain the status of a big country in utilizing foreign capital.

    First, further opening up. At the same time, we have reduced the scope of foreign investment to 33 items in the list of negative services. We will revise the catalogue of industries that encourage foreign investment and encourage more foreign investors to invest in the central and western regions and the old industrial bases in Northeast China.

    The second is to build an open platform. We will further promote pilot free trade zones and actively carry out differentiated exploration. More innovation and innovation can be given to the free trade zone, which will give greater support to innovation and development. We will implement the overall plan for the construction of Hainan free trade port and issue a negative list of cross-border service trade.

    Third, optimize the business environment. We will conscientiously implement the "foreign investment law" and supporting laws and regulations, issue complaint handling measures for foreign-invested enterprises, protect the legitimate rights and interests of foreign investors, protect intellectual property rights, and create a stable, fair and transparent business environment, so that foreign investors can rest assured, secure and develop in China.

    Enhancing the basic role of consumption in economy

    Reporter: at present, the consumer market continues to stabilize. How will the Ministry of commerce make efforts to expand domestic demand and promote consumption in the second half of the year?

    Zhongshan: at present, major strategic achievements have been made in the prevention and control of epidemic situation in China, the order of production and living has been accelerated, the consumer confidence of residents has been continuously enhanced, and the consumption market has been continuously improved. We will make efforts to innovate circulation and promote consumption, and enhance the fundamental role of consumption in economic development.

    One is to improve urban consumption. The first batch of "pilot" and "open" platforms to promote and promote the quality of "the first batch of cities to promote and upgrade the quality of the city. Speed up the development of chain convenience stores and create a "15 minute convenient life circle".

    Second, expand rural consumption. Promote e-commerce into rural areas, expand e-commerce coverage, and accelerate the development of county-level e-commerce industrial parks. Promote the integration of postal, supply and marketing, business logistics, express delivery and other resources, and improve the county and rural three-level logistics joint distribution system. We will strengthen the construction of rural circulation infrastructure, speed up the development of township commerce, and promote industrial products to the countryside and agricultural products to cities.

    Third, develop service consumption. Under the condition of normalization of epidemic prevention and control, orderly promote the recovery and development and quality improvement of catering and domestic service industry, and improve the credit information platform of domestic service. Promote the integration of various forms of business and Internet services to meet the needs of residents.

    Do a good job in ensuring the supply of daily necessities under the normalization of epidemic prevention and control

    Reporter: during the period of epidemic prevention and control, the market of daily necessities in China was generally stable. What has the Ministry of Commerce done in the aspect of supply guarantee? What is the next step?

    Zhongshan: to ensure the supply of daily necessities for the national residents is related to the people's livelihood and winning the battle against epidemic prevention and control. We have conscientiously implemented the spirit of General Secretary Xi Jinping's important instructions and instructions, strengthened horizontal cooperation and vertical linkage, and mainly carried out three aspects of work

    One is to guarantee key areas. We will establish a cooperative mechanism of joint guarantee and supply of nine provinces to help key areas to supply daily necessities in a timely manner and realize efficient allocation. Eight provinces including Shandong, Anhui, Jiangxi, Henan, Hunan, Chongqing, Guangxi and Yunnan were organized to support Wuhan and Hubei, and 106000 tons of various materials were transported. The Ministry of Commerce has sent three groups of working groups to Wuhan for on-site coordination and supervision. During the period of the closure of the channel from Wuhan, the supply in Wuhan was much higher than the national average level. After the outbreak of clustering epidemic in Beijing Xinfadi market, we should coordinate with Hebei, Shandong, Henan and other surrounding provinces to strengthen the protection of vegetables.

    Second, strengthen monitoring and early warning. Establish a liaison mechanism with local commercial authorities, start daily monitoring and abnormal situation reporting system, focus on eight categories of key commodities, such as rice, flour and oil, meat, eggs and milk, vegetables, convenience food, etc., and timely grasp the market supply situation of various regions, so as to make sure that you have a clear idea of the situation.

    Third, strengthen the overall planning of the national market. We will identify 500 key guarantee and supply enterprises, find out the inventory situation of wholesalers, retailers, e-commerce and production enterprises, and strengthen the coordination and coordination among different regions. Innovate business model and distribution mode, launch community group purchase, vegetable package, etc., and push through the blocking point of logistics distribution. Together with relevant departments, the central reserve of nearly 500000 tons of pork will be put into operation.

    During the period of epidemic prevention and control, China's market supply of daily necessities was generally sufficient and the prices were basically stable, which showed the advantages of China's socialist system, and reflected China's strong organizational and mobilization forces. In the next step, we will do a good job in ensuring the supply of daily necessities under the condition of normalization of epidemic prevention and control, pay close attention to the market operation of daily necessities in flood season, strengthen the supply guarantee in areas with severe flood and waterlogging disasters, and ensure the basic living needs of the people.

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