General

Activate China's foreign trade economy with high-quality "spring water"! In order to benchmark the international advanced level and fully create a market-oriented, legalized, and internationalized first-class port business environment, the General Administration of Customs, together with six departments including the National Development and Reform Commission, has recently deployed and mobilized a 5-month special action to promote cross-border trade facilitation in 17 cities in 12 provinces.

Since the beginning of this year, China's economy has shown a trend of stabilization and recovery, with production and demand gradually improving, promoting a significant stabilization of foreign trade imports and exports. The total import and export value in the first quarter was 9.89 trillion yuan, a year-on-year increase of 4.8%; The proportion of enterprises with an increase in the amount of new export orders has increased month on month for three consecutive months. Especially since mid to late February, import and export have maintained positive growth year-on-year, driving the overall scale of the foreign trade economy to steadily increase.

The "upward curve" of foreign trade not only indicates that China's foreign trade has strong resilience and competitiveness, but also releases the warmth of economic stability and recovery. In order to help enterprises stabilize orders and promote the market, the recently held executive meeting of the State Council has once again deployed work related to stabilizing the scale and optimizing the structure of foreign trade. It is required to continuously enrich, adjust and improve relevant policies based on practical problems in different fields, implement a combination of stable foreign trade policies, encourage local governments to introduce supporting policies according to local conditions, and enhance policy synergy. This special action includes five aspects and 19 specific measures. The participating cities have expanded from 8 provinces and 10 cities last year to 12 provinces and 17 cities, which plays an important supporting role in promoting stable scale and optimal structure of foreign trade and promoting high-quality development of foreign trade economy.

Stabilizing foreign trade and foreign investment is the key to expanding high-level opening up to the outside world, and also an important driving force for promoting the upgrading of economic structure. Further relax foreign investment market access by implementing the new negative list of foreign investment access in the national and pilot free trade zones; To successfully hold events such as the African Good Things Online Shopping Festival and Buy in BRICS; From carrying out the enforcement inspection of the Foreign Investment Law and supervising the implementation of national treatment for foreign-funded enterprises, a series of measures to stabilize foreign trade and foreign investment have been solidly implemented in China since the beginning of this year, achieving significant results. Various regions and departments are also seeking ways to stabilize foreign investment and foreign trade, making greater efforts to attract and utilize foreign investment, promoting the stable stock and expansion of foreign investment, and cultivating new growth points for international economic and trade cooperation.

We have introduced the "42 policies" to promote the overall improvement of economic operation, introduced specific measures to "stabilize foreign trade and foreign investment", helped foreign trade enterprises seize orders and expand the market, and improved policies to facilitate investment and financing for foreign trade enterprises. As a major foreign trade province, Jiangsu has made efforts in advance to create a combination of stabilizing the market, confidence, and expectations. Each city also takes multiple measures to optimize services and stimulate the vitality of foreign trade and foreign investment entities. Wuxi, which has been selected as a pilot city for cross-border trade facilitation, has organized over 300 enterprises to participate in more than 30 overseas offline exhibitions in the first quarter of this year, held 63 global economic and trade investment activities, and signed 287 projects with a signed amount of 244.411 billion yuan. At the same time, Nanjing, which was selected as the pilot, issued 25000 copies of certificate of origin of RCEP in the first quarter, with a visa amount of 1.14 billion US dollars, ranking first in China's customs.

China's economy has strong resilience, great potential, and abundant vitality, and the fundamentals of long-term improvement remain unchanged. With the continuous overall improvement of China's economic operation, the positive momentum of foreign trade economy is expected to continue further. All relevant departments in various regions should prioritize attracting foreign investment, accelerate the construction of smart ports, vigorously support enterprises to seize orders and expand the market, actively cultivate new driving forces and new increments, form a collaborative and efficient work force, and activate the "spring water" of China's economy with high-quality foreign trade economy.