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China's total foreign trade import and export volume ranks first in the world for 5 consecutive

2022-01-27

According to a report from Russia on January 25, Guo Tingting, director of the Comprehensive Department of the Ministry of Commerce of China, pointed out at a press conference on the 25th that China's total trade in goods has ranked first in the world for five consecutive years.


Guo Tingting pointed out: "In 2021, my country will become the world's second largest commodity consumption market, the total value of trade in goods will be ranked first in the world for five consecutive years, the foreign investment will remain the second in the world, and foreign investment will be ranked first in the world. 21 free trade pilot zones have been established to promote Hainan The construction of a free trade port and the signing of the world's largest free trade agreement, the Regional Comprehensive Economic Partnership."


Guo Tingting said that China's business operation is stable and improving, which is better than expected. The proportion of foreign trade, foreign investment, consumption scale and investment in countries along the "Belt and Road" has reached 4 historical highs. Major breakthroughs have been made in multilateral and bilateral cooperation. The five" business development had a good start and made positive contributions to the sustained recovery and development of the national economy.


According to related reports, China's foreign trade import and export scale in 2021 has successively reached two steps of 5 trillion and 6 trillion US dollars. Looking ahead to foreign trade in 2022, an official from China's Ministry of Commerce said on Tuesday that on top of the 2021 base of US$6.05 trillion and a rapid growth of 30%, the foreign trade situation this year is very severe, and the difficulty and pressure to stabilize growth are "unprecedented."


Chen Chunjiang, director of the Department of Foreign Investment Management of the Ministry of Commerce, said at the press conference of the State Council Information Office that foreign investment in China is generally expected to be good, and he is confident to do a good job in stabilizing foreign investment in 2022.


Li Xingqian, Director-General of the Department of Foreign Trade of the Ministry of Commerce, said: "China's foreign trade industry has a solid foundation, and the fundamentals of long-term improvement have not changed. This year, foreign trade will adhere to the principle of maintaining stability and seeking progress while maintaining stability. Compared with the expansion of volume, we will pay more attention to it. Quality improvement. We are confident that we can achieve a stable opening of foreign trade and maintain a reasonable range of foreign trade throughout the year.”


He pointed out that from the perspective of demand, the growth of global external demand is faced with two uncertain factors. One is that the epidemic has repeatedly delayed the global economic recovery process, and the other is that the global systemic risks are rising due to uneven recovery. It will lead to shrinking demand and price fluctuations, which in turn will affect the export of related industries in China.


From the perspective of supply, the global industrial chain supply chain faces two unstable factors. One is the accelerated reconstruction of the international supply chain. The other is that the global supply chain disorder and bottleneck effect cannot be completely alleviated in the short term. Imbalances and shortages of vital components such as chips persist.


Li Xingqian said: "Our foreign trade enterprises, especially the small and medium-sized foreign trade enterprises, have seen a significant increase in the comprehensive costs, and their business risks and pressures are at a high level."


He said that starting from the current situation, 2022 is determined as the "Year of Consolidation and Improvement of Foreign Trade". It is necessary to focus on improving the comprehensive competitiveness of China's foreign trade, and to make good use of the free trade agreements that have been negotiated and signed to hold the Canton Fair and the China International Import Expo. , Service Trade Fair and other major exhibitions to guide enterprises to consolidate traditional markets and develop emerging markets.


In 2021, China's actual use of foreign capital exceeded one trillion yuan for the first time, reaching 1.1 trillion yuan, a year-on-year increase of 14.9%; in US dollars, it was 173.48 billion US dollars, an increase of 20.2%. Compared with 2019, the two-year average increase was 12.1%.


Chen Chunjiang said that a recent questionnaire survey by the Ministry of Commerce showed that 94.9% of the more than 3,000 key foreign-funded enterprises are generally optimistic about their future business prospects.


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