The Ministry Of Commerce Has Made Multiple Plans To Stabilize Foreign Trade And Foreign Investment In 2021

The year 2021 will be the "year of innovation and development of foreign trade", and three major plans will be implemented, including preferential import and export, integration of trade industries and smooth trade; the new version of the negative list will be implemented, and the restrictive measures beyond the negative list will be further cleared up; the policy measures such as the catalogue of industries encouraging foreign investment will be implemented; RCEP and China EU investment agreement will be implemented and come into effect At the press conference on business work and operation in 2020 held recently, the relevant person in charge of the Ministry of Commerce disclosed the work focus of stabilizing foreign trade and foreign investment in 2021.

In terms of stabilizing foreign trade, Zhang Li, deputy director general of the foreign trade department of the Ministry of Commerce, said that 2021 was determined as the "year of innovation and development of foreign trade". It will build a new development pattern around services, make every effort to stabilize the basic market of foreign trade and foreign investment, unswervingly promote the innovative development of trade, and strive to do a good job in foreign trade from two aspects of "consolidation" and "promotion". On the one hand, it is necessary to consolidate the foundation for stable and good foreign trade, maintain the continuity, stability and sustainability of policies, and firmly stabilize the basic market of foreign trade and foreign investment. On the other hand, we should enhance the ability of foreign trade services to build a new development pattern and enhance the comprehensive competitiveness of foreign trade.

Tension also pointed out that in 2021, it will focus on the implementation of three major plans: the first is the "excellent in and excellent out" plan. Optimize the structure of export products and improve the quality of export products. We will foster new forms and modes of foreign trade, such as cross-border e-commerce, market procurement and bonded maintenance. The second is the plan of trade industry integration. A number of foreign trade transformation and upgrading bases were newly identified. The third is to cultivate a number of processing trade industrial parks; the third is the smooth trade plan. We will continue to support the conversion of export products to domestic sales. We will work with more trade partners to build a smooth trade mechanism, especially the countries related to the belt and road initiative. Guangzhou Fair will be well run and online exhibition will be developed. Expand the scale of overseas warehouses. Strengthen the construction of international business system. Continue to increase power for China's foreign trade development.

Multiple measures are also in the pipeline to stabilize foreign investment. Zong Changqing, director general of the foreign investment department of the Ministry of Commerce, said that on the basis of maintaining the basic stability of the total amount of foreign investment, efforts should be made to optimize the structure and improve the quality, firmly stabilize the basic foreign trade and foreign investment, and promote the utilization of foreign capital to take a good first step in building a new development pattern and present a new atmosphere.

Specifically, the focus will continue to work from five aspects. Zong Changqing introduced: first, it continued to expand market access. We should implement the new version of the negative list, further clean up the restrictive measures beyond the negative list, strictly implement the "no ban or enter"; promote the pilot demonstration of the service industry's opening-up, and further expand the opening-up of the service industry; second, we should continue to strengthen policy support. At the same time, according to the common demands of foreign-funded enterprises, we should do a good job in policy research and reserve, and timely launch new measures to stabilize foreign investment; third, we should continue to improve the platform construction. Improve the layout of the pilot Free Trade Zone, implement the overall plan for the construction of Hainan free trade port, and promote the innovation and upgrading of the national economic and Technological Development Zone; fourth, continue to strengthen investment promotion and protection. We should give full play to the role of multi bilateral investment promotion mechanism, guide all localities to carry out accurate investment promotion in the industrial chain, implement complaint measures and strengthen the protection of foreign investors' legitimate rights and interests, and fifth, continuously promote the optimization of investment environment. We will further promote the implementation of the foreign investment law and its implementation regulations, and strive to create a market-oriented, rule of law, and international business environment. We will promote the implementation of RCEP and China EU investment agreement, promote the liberalization and facilitation of international trade and investment, and create a good external environment.