General

Where should the foreign trade economy go in the post pandemic era? Foreign trade, also known as international trade or foreign trade, refers to the exchange and trading activities of goods, services, technology, etc. between a country and other countries. Foreign trade mainly includes exports, imports, foreign investment, cross-border e-commerce, and other aspects.

From January to April this year, with the stable transition of the domestic epidemic and the stable recovery of economic operation, the strong resilience and vitality of China's foreign trade have been highlighted. General Administration of Customs: In the first four months, China's foreign trade import and export increased by 5.8% year-on-year.

After the end of the epidemic, the growth points of foreign trade economy may include:

1. Consumption upgrade: During the epidemic, many people's consumption patterns have changed, with a greater emphasis on health, safety, and quality. This will drive an increase in export demand for some high-end products.

2. Diversification of trade: With the continuous advancement of globalization, many countries are starting to seek new trading partners, and China, as a market with a large economic volume, is a very important trading partner for other countries. Therefore, China's foreign trade economy may exhibit a diversified trend in the future.

3. Internet plus foreign trade: With the rapid popularization of Internet technology, more and more enterprises begin to use the Internet platform for foreign trade activities, which will improve the efficiency of foreign trade, reduce costs and expand overseas markets.

4. Development of emerging industries: China has already taken a leading position in many emerging industry fields, such as 5G, e-commerce, artificial intelligence, etc. The development of these emerging industries will bring new growth points to China's foreign trade economy.

5. Improving independent innovation capability: China has made significant progress in improving its independent innovation capability and has gained independent intellectual property and technological advantages in many fields. This will help Chinese enterprises seek broader development space in the international market.

In short, after the end of the epidemic, with the recovery of foreign trade economy and the continuous development of China itself, China's foreign trade economic growth points will become more and more extensive.