General

Wang Shouwen, the representative and deputy minister of the Ministry of Commerce for international trade negotiations, stated at a press conference that the international trade situation has been very severe since the beginning of this year. The Ministry of Commerce cooperates closely with various regions and departments, and foreign trade enterprises have also taken a series of measures to stabilize orders and expand the market. In the first quarter, China's international trade import and export achieved a growth of 4.8%, which was not easy and achieved a "stable opening".

However, we must see that China's international trade situation is still complex and severe, facing many difficulties and challenges. From the perspective of external environment, the uncertainty of external demand remains the biggest constraint. In April, the International Monetary Fund lowered the global economic growth rate from 2.9% to 2.8%, believing that the slowdown in developed country economies would be very significant. Everyone has also noticed that the foreign trade of neighboring countries has recently decreased significantly. For our country, from October last year to February this year, international trade exports showed negative growth in US dollars.

From the perspective of business entities, China's foreign trade enterprises also face some constraints and difficulties, such as inconvenient participation abroad, increasing trade risks, and increasing business pressure.