General

The Ministry of Commerce discusses the situation of foreign trade: The main difficulties are the decrease in foreign trade orders and insufficient demand! Recently, the foreign trade figures of neighboring countries and regions have decreased significantly. The first two months of China's foreign trade figures released by the General Administration of Customs have also shown a downward trend. The World Trade Organization released data in early March, and the International Trade Barometer Index decreased by 4 percentage points compared to the last index released, only 92.2%. On April 4th, the State Council Information Office held a press conference to introduce the relevant information of the 133rd China Import and Export Fair (Canton Fair). Wang Shouwen, the representative and deputy minister of international trade negotiations at the Ministry of Commerce, stated that the international trade index reflects the lack of smooth international demand. According to a questionnaire survey of 15000 enterprises that have been collected from the Canton Fair, the main difficulties encountered are a decrease in foreign trade orders and insufficient demand, which is consistent with expectations. This year's foreign trade situation is severe and complex.

The Ministry of Commerce discusses the situation of foreign trade: The main difficulties are the decrease in foreign trade orders and insufficient demand! Wang Shouwen also pointed out that we should also see the competitiveness, resilience, and advantages of China's foreign trade. Firstly, the recovery of China's economy this year will provide a driving force for foreign trade. China's PMI manufacturing Purchasing Managers'Index has been above the boom and bust line for three consecutive months. China's logistics index has been continuously rising for two months, reaching 55.5% last month. The recovery of the domestic economy has a driving force in the demand for imported products. The recovery of the domestic economy has provided a driving force for product exports.

Secondly, over 40 years of open innovation have created new advantages and momentum for foreign trade enterprises. For example, the green new energy industry is now showing good competitiveness, and we have created good market access by signing free trade agreements with neighboring countries. The growth rate of cross-border e-commerce is faster than that of offline trade, and the digitization process of trade is constantly improving, providing new competitive advantages for foreign trade.

Thirdly, the trade environment is becoming increasingly optimized. This year, transportation difficulties have been greatly alleviated, and sea freight prices have dropped significantly. Civil aviation is recovering, and passenger flights have belly cabins underneath, which can bring a lot of transportation capacity. The convenience of customer and business exchanges also indicates that our trade environment is being optimized. Recently, some research has also been conducted, and there is a trend of gradual recovery in foreign trade orders in some provinces.

Wang Shouwen proposed to ensure policy guarantees, promote order grabbing, cultivate market entities, and ensure compliance; To actively promote the development of new forms of foreign trade and stabilize processing trade; We should make good use of the open platform and trade rules, constantly optimize the business environment, and continue to expand imports, including the 133rd Canton Fair.

We have now received the intention of buyers, indicating that hundreds of thousands of buyers from over 220 countries and regions will participate in offline or online exhibitions at the Canton Fair. This creates opportunities for enterprises from these countries and regions to cooperate with Chinese enterprises to build a safe, reliable, and efficient supply chain, and also provides a platform for these enterprises or their countries and regions to catch the fast train of China's economic development and recovery Wang Shouwen said.