General

Under the guidance and support of the stable foreign trade policy, local foreign trade achieved a stable start in the first two months. After sorting out the foreign trade import and export situation of 31 provinces, autonomous regions, and cities from January to February, the reporter found that in RMB terms, the import and export of 17 provinces showed a growth trend; In terms of exports, 21 provinces, autonomous regions, and cities achieved growth, of which 20 provinces, autonomous regions, and cities exceeded the national export growth rate.

"In the first two months, China's foreign trade has basically achieved stable development. Especially under the conditions of continuous efforts to promote foreign trade continuation policies, the growth rate of foreign trade imports and exports in some provinces, regions, and cities has reached new highs." Chen Jia, a researcher at the International Monetary Research Institute of Renmin University of China and an independent international strategy researcher, told the International Business Daily.

There are many highlights in foreign trade in multiple provinces and cities

"From the perspective of regional trade structure, Guangdong, Jiangsu, and Zhejiang, the three traditional strong trade provinces, still occupy the top three in terms of total import and export value. In terms of growth rate, among the 21 provinces, regions, and cities that have achieved positive growth, Xinjiang, Guizhou, Hunan, and other places have shown a prominent trend of explosive growth in trade. Especially among the top 20 provinces, regions, and cities with year-on-year growth in import and export, five of the six central provinces have been shortlisted, and the proportion of total import and export value in the central and western regions continues to rise to nearly 20% of the national level." ", reflecting the general trend of accelerated growth in the overall foreign trade of the central region in the near future." Chen Jia analyzed and said.

According to the Huacheng Import and Export Data Observation Report, Hunan Province ranks third in the country with an import and export growth rate of 54.3%, ranking first among the six central provinces. Jiangxi Province ranks sixth with a growth rate of 46.8%. Henan Province and Hubei Province ranked 10th and 11th in terms of import and export growth, with 15.2% and 14.4% respectively. In addition, Anhui, the central province, was also ranked in the top 20. Although its import and export growth rate was - 3%, it was mainly dragged down by imports with a decline of 19.8%, and its exports had achieved a positive growth of 9.3%.

From the perspective of product structure, in the trend of stabilizing and improving, products with high technology, high added value, and leading the green transformation have become new growth points for exports. In the first two months, the total exports of electric vehicles, lithium batteries, and solar batteries increased by 60%.

Recently, 3000 Nezha vehicles from Guangzhou Port Nansha Automobile Port drove onto the "Kari Leader" Ro/Ro ship and will be shipped to the Southeast Asian market. According to relevant personnel from Guangzhou Port, this is the largest single export volume of domestic new energy vehicles of a single brand in South China since this year. Relying on the favorable business environment, geographical advantages, and convenient customs clearance conditions of the port, Nansha Automobile Port has grasped the important opportunity period for domestic new energy vehicle exports and achieved new breakthroughs in foreign trade business.

This is one of the specific scenarios of the booming development of Guangdong's foreign trade. According to the Huacheng Import and Export Data Observation Report, the export of electric passenger cars, lithium batteries, and solar batteries in Guangdong increased 15.4 times, 39.3%, and 93.7% year-on-year in the first two months.

Chen Jia analyzed that in addition to Guangdong, the major categories of new energy vehicles, lithium batteries, photovoltaic, electromechanical, and semiconductor products in Zhejiang, Jiangsu, and other strong trading provinces have all continued their strong growth since the fourth quarter of last year, and continue to serve as the main force driving trade growth in the previous two months.

At the same time, "There has been a significant rebound in the export growth rate in Beijing, Guangxi, and other places." Cui Xiaomin, an associate researcher at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, and the National Global Strategic Think Tank, Chinese Academy of Social Sciences, analyzed the International Business Daily reporter that with the optimization and adjustment of prevention and control policies, the export capacity of Beijing and other places has rapidly recovered; In addition, the economic prosperity of ASEAN remains at a high level, which is the main force driving China's export growth in January-February. Guangxi, with ASEAN as its main trading partner, performs better than other regions.

Stabilizing foreign trade still requires concerted efforts

Throughout the year, the industry believes that the external risks to the steady development of China's foreign trade remain severe. Further exerting the effectiveness of the policy of promoting the continuation of foreign trade and fully exerting the leading role of major foreign trade provinces in the national trade sector still requires concerted efforts from all parties. Huacheng Import and Export Data Observation Report.

Shu Jueting, a spokesman for the Ministry of Commerce, said at a regular press conference held recently that local governments and enterprises generally reflect weak external demand, and the decline in orders is the biggest challenge facing the development of foreign trade this year. Trade risks such as poor payment collection in some countries have also increased. On the basis of extensive and in-depth research, the Ministry of Commerce is working with relevant departments to study policies to stabilize foreign trade in response to local and enterprise needs, and promote the stabilization of foreign trade scale and optimization of structure.

Local stability and foreign trade are also continuing to develop. Recently, Qu Yuekuan, member of the Standing Committee of the CPC Binzhou Municipal Committee and Vice Mayor of Shandong Province, led a delegation to visit Japan to comprehensively deepen exchanges and cooperation in areas such as economy, trade and investment. According to the introduction of Binzhou Municipal Bureau of Commerce, in the next step, the city will also visit South Korea and Singapore to carry out relevant promotion and negotiation meetings, expand the introduction of foreign capital, connect cross-border e-commerce and overseas exhibition and trade platforms, and observe and report the import and export data of Huacheng.

Baigou New Town, Baoding, Hebei organized foreign trade enterprises in luggage and luggage, led by the China Leather Association, to Dubai, United Arab Emirates, to participate in the 2023 Asia Pacific Leather Exhibition, conduct economic and trade negotiations, and expand the international market. According to the Fujian Quanzhou Municipal Bureau of Commerce, in the first quarter, the city plans to organize more than 200 enterprises to participate in 12 overseas sales exhibitions. Not long ago, 45 local enterprises went to the United States to participate in exhibitions, covering multiple industries such as shoes and clothing, textile fabrics, underwear, etc

Chen Jia said that from the perspective of the trend of global trade products, the consumer electronics market has not yet fully ushered in spring. The growth rate of traditional electromechanical and high-tech products is slowing down, while the green energy sector is growing against the trend. In response to these latest changes, it is necessary for China to accelerate innovation in its trade structure and policies, further optimize policies and measures to stabilize foreign trade, and point out the development direction and add development momentum for the vast number of small, medium-sized, and micro enterprises.

When it comes to promoting the stable development of foreign trade and how local governments can exert their efforts, Cui Xiaomin suggests: first, diversify trade partners, diversify their dependence on individual countries' demand, and improve the quality and level of international circulation. In particular, it is necessary to give full play to the effectiveness of existing economic and trade agreements and increase trade cooperation with Asian and European enterprises. The second is to continuously optimize the business environment, reduce trade and investment barriers, and improve the competitiveness of the export market, including strengthening the construction of public services such as transportation systems, customs declaration and inspection, and improving the public service platform for cross-border e-commerce. Huacheng Import and Export Data Observation Report.