General

Stabilizing foreign trade is crucial to stabilizing economic operations. On September 7, the General Administration of Customs released my country's foreign trade data for the first eight months. Although the domestic epidemic has spread in many places and the external environment is complex and changeable, the total value of my country's international trade and trade imports and exports was 27.3 trillion yuan in the first eight months, an increase of 10.1% year-on-year, and continued to maintain double-digit growth.

The steady growth of foreign trade has fully demonstrated the strong development resilience of my country's foreign trade. Li Kuiwen, director of the Statistics and Analysis Department of the General Administration of Customs, said that since the beginning of this year, my country has effectively coordinated epidemic prevention and control and economic and social development, and has continued to issue a series of policies to stabilize foreign trade, which has promoted international trade to stabilize the market, expand its advantages, and increase its vitality.

In the first half of the year, major foreign trade towns such as the Yangtze River Delta and the Pearl River Delta were affected by the epidemic to varying degrees. As the "pillar", the import and export of major foreign trade provinces (cities) have recovered well, which will help maintain the fundamentals of stable foreign trade growth.

According to the statistics of import and export data, in the first eight months, the import and export of seven provinces and cities including Guangdong, Jiangsu, Zhejiang, Shanghai, Beijing, Shandong, and Fujian exceeded one trillion yuan, with a total import and export of 20.54 trillion yuan, a year-on-year increase of 9.7%. The contribution rate to the growth of national foreign trade exceeds 70%.

Li Kuiwen said that the three provinces and one city in the Yangtze River Delta overcame the adverse impact of the epidemic, and the growth rate of imports and exports in the first eight months was 1.5 percentage points higher than the national overall growth rate, which provided strong momentum for stabilizing the foreign trade market.

The production line is constantly busy with the production line running at full speed to meet the orders. In the workshop of Zhejiang Taizhou Sigmar Co., Ltd., automobile shock absorbers are sent to the world. "Since this year, the sales of the company's products have been booming, and orders for export to Europe and the United States have been in an endless stream. At present, the orders have been placed in October." said Dai Hongjun, director of the International Marketing Department of Sigmat Co., Ltd.

Private enterprises are the main force of my country's foreign trade, with the advantages of high operational flexibility and strong market adaptability. Throughout the first 8 months, there were 459,000 private enterprises with import and export performance across the country, an increase of 7.3% year-on-year, with a total import and export of 13.68 trillion yuan, an increase of 14.9% year-on-year, 4.8 percentage points higher than the national overall growth rate.

Zhang Yu, deputy director of the International Economic and Trade Research Office of the Institute of Financial and Economic Strategy of the Chinese Academy of Social Sciences, said that under multiple pressures, private enterprises have faced difficulties and overcome difficulties. Supportive policies and measures are inseparable from the continuous optimization of the business environment, and have also injected new vitality into the development of my country's international trade.

With the consolidation of its status as the world's largest trader of goods, my country has become a major trading partner of more than 120 countries and regions in the world. Data show that in the first eight months, my country's imports and exports to major trading partners such as ASEAN, the European Union and the United States maintained growth.

Among them, it is worth noting that since the Regional Comprehensive Economic Partnership (RCEP) came into effect this year, trade dividends have continued to be released. During the same period, my country's imports and exports with countries along the "Belt and Road" and RCEP member countries increased by 20.2% and 7.5% respectively.

In order to help enterprises maintain stable growth and maintain orders, and further expand the international market, all localities and departments have effectively implemented policies and tasks to achieve results, so that enterprises can truly enjoy the preferential treatment. Hangzhou Customs' service team of "ten locations and hundreds of groups to help thousands of enterprises" goes deep into the front line and guides enterprises to deliver goods through the "Yi-Xin-Europe" train to meet the needs of enterprises exporting to countries along the "Belt and Road", which not only provides enterprises with stable export timeliness, transportation The time has also been shortened by a third compared to the past.

"The extension of the 'circle of friends' has opened up new fields and new markets for further tapping the growth potential of my country's foreign trade import and export." Zhang Yu said that foreign trade enterprises should deeply understand and make full use of the "Belt and Road" initiative, RCEP rules and other institutional dividends, In order to further improve the competitiveness of enterprises, promote the quality and efficiency of foreign trade.

Currently at the critical juncture of economic recovery, the steady growth of international trade imports and exports will help strengthen China's economy's ability to resist risks and potential for sustainable development. Recently, the executive meeting of the State Council has deployed a series of policy measures to stabilize the economy, including measures to support the development of private enterprises and ensure the smooth flow of logistics.

Assistant Minister of Commerce Li Fei said that next, the Ministry of Commerce will accelerate the development of new business formats and models such as cross-border e-commerce and market procurement trade methods, actively support the export of key products such as new energy vehicles, and smooth the channels for international trade enterprises to seize orders. Provide more convenience for enterprises to participate in exhibitions and negotiations, and help enterprises improve their ability to cope with risks such as exchange rates.

Zhang Yu said that with the effectiveness of the package of policies to stabilize the economy and the refinement and implementation of subsequent policies, my country's international trade is expected to continue to operate within a reasonable range, making new contributions to stabilizing the macroeconomic market.