General

Since the 18th National Congress of the Communist Party of China, the Chinese business community has gradually transformed from a follower of international rules to a participant and contributor, and has played an irreplaceable role in promoting the reform of the global economic governance system and the recovery of the world economy. As a representative of the Chinese business community, CCPIT is playing an increasingly important role in tightening the ties of interests between Chinese and foreign companies, promoting international economic and trade exchanges, and promoting the development of state-to-state relations. The development in the field of trade promotion in the past 10 years is an important manifestation of China's continuous expansion of opening up, and it is also an important testimony for enterprises from all countries to share development opportunities and achieve mutual benefit and win-win results.

Establish a cooperation mechanism to promote win-win

Since the 18th National Congress of the Communist Party of China, China Council for the Promotion of International Trade has actively established a multilateral and bilateral industrial and commercial cooperation mechanism, demonstrating the positive attitude of the Chinese business community to undertake international responsibilities. Zhang Shaogang, vice president of China Council for the Promotion of International Trade and China Chamber of International Commerce, said that the multilateral and bilateral industrial and commercial cooperation mechanism is an important starting point and effective resource for trade promotion work. The effective supplement of the intergovernmental cooperation mechanism is also an important part of my country's diplomacy and foreign economic and trade work.

As of December 2020, CCPIT and China Chamber of International Commerce have established 387 cooperation mechanisms with more than 340 counterpart institutions and relevant multilateral international organizations in 143 countries and regions, basically forming an institutionalized cooperation network covering the world.

Since the 18th National Congress of the Communist Party of China, China Council for the Promotion of International Trade has organized nearly 300 major events attended by Chinese and foreign leaders, built a platform for policy advocacy, promoted pragmatic cooperation between Chinese and foreign companies, and achieved an organic unity of political, economic, and diplomatic effects. Explain the concept of building an Asia-Pacific community with a shared future, China's concept of global economic governance, and guide developing countries to play a greater role in global economic governance... On the world stage, a series of high-profile, high-level and high-level major events have demonstrated China's Features, Chinese style and Chinese style.

In addition, CCPIT is also striving to build a dialogue platform between state leaders and the business circles of Europe, America and Japan, and hold business forums under the mechanisms of China, Japan and South Korea, China-ASEAN, China-Arab and China-Latin America forums. A series of multilateral business activities have become an important platform for my country to publicize China's global economic governance reform proposals and promote the improvement of the global economic governance system.

In the past 10 years, my country's foreign trade has made great progress. Statistics show that in 2012, China's trade in goods and services totaled US$4.4 trillion, ranking second in the world. By 2021, China's total trade in goods and services will grow to US$6.9 trillion, ranking first in the world for two consecutive years.

my country's two-way investment is firmly in the forefront of the world. In 2021, my country's actual use of foreign capital in RMB will exceed one trillion yuan for the first time, reaching 1.15 trillion yuan, an increase of 62.9% from 705.75 billion yuan in 2012, and the scale of foreign investment has ranked first among developing countries for the past 10 years. Since 2017, China has ranked second in the world in attracting foreign investment for four consecutive years. At the same time, foreign investment and cooperation have developed steadily and healthily. In 2021, my country's foreign direct investment will be US$145.19 billion, a year-on-year increase of 9.2%. From 2012 to 2021, the total foreign direct investment was US$1.4 trillion, with an average annual growth rate of 5.7%, ranking among the top three in the world in the past 10 years.

my country is deeply integrated into the global industrial chain and supply chain, making extensive economic and trade partners, and constantly expanding the fields of cooperation. The in-depth integration of my country with the world economy is inseparable from the extensive participation and pragmatic actions of the Chinese business community. As an important platform to serve Chinese and foreign enterprises, CCPIT has promoted the establishment of 903 local trade promotion agencies, 23 industry trade promotion agencies, and 30 overseas representative offices. China International Chamber of Commerce has more than 300,000 member companies.

By participating in business activities under the multilateral mechanism, Chinese companies have conducted extensive policy advice consultations with global business people, and have had direct dialogue with leaders to provide important references for government decision-making. At the same time, it actively participates in the formulation of rules in new fields such as trade and investment, digital economy, green and low-carbon, and contributes to the Chinese power of the business community in promoting the construction of a fairer and more equitable international economic governance system and promoting the recovery of the world economy.

Promote free trade to help open up

Over the past 10 years, China has continuously expanded high-level opening up, continued to promote trade and investment liberalization and facilitation, firmly safeguarded the multilateral trading system with pragmatic actions, and jointly built an open world economy. China Council for the Promotion of International Trade has made positive contributions to stabilizing foreign trade and foreign investment.

Since the 18th National Congress of the Communist Party of China, my country has actively promoted the construction of an institutional open system. As of the end of July this year, my country has signed more than 200 cooperation documents on the joint construction of the "Belt and Road" with 149 countries and 32 international organizations; joined the "Regional Comprehensive Economic Partnership" (RCEP), and signed with 26 countries and regions. 19 free trade agreements have been signed, and the number of free trade agreements has nearly doubled in the past 10 years.

"The vigorous development of regional trade liberalization represented by free trade agreements is becoming a ballast stone for trade and investment stability and a touchstone for new economic governance rules," said Zhang Shenfeng, vice-chairman of the China Council for the Promotion of International Trade.

Helping enterprises to stabilize orders and expand markets, strengthen the promotion and professional training of free trade agreements such as RCEP, and continuously increase the amount of benefits for international trade enterprises is one of the key deployments of trade promotion work.

"Enterprises can reduce or exempt tariffs when their imported products comply with the rules of the free trade agreement. When exporting products, they can also reduce the customs clearance cost of foreign importers through relevant rules, maintain good relations with importers, and achieve more trade cooperation. More importantly, We can also promote international operations through free trade agreements." Chen Lilin, professional operation director of Jiangsu SUMEC Group Co., Ltd., said that the company has in-depth cooperation with the local Council for the Promotion of International Trade, and has fully used the preferential certificate of origin under the existing free trade agreement.

The certificate of origin, known as "paper gold", is an important certificate for members of the FTA to enjoy preferential treatment such as tariff reduction and exemption. It is a certification document issued by a specific institution in an exporting country that the exported goods are originating in that country (region), and its issuance is regarded as a "barometer" of foreign trade.

"The legal and compliant use of relevant rules of origin can avoid certain trade risks, save corporate costs, and improve competitiveness in the international trade market." In the opinion of Yan Yun, director of the Commercial Certification Center of the China Council for the Promotion of International Trade, comprehensive consideration and flexible use of free trade The preferential policy of the agreement is one of the important measures for enterprises to carry out international operation and improve the level of internationalization.

Compiling and issuing application guidelines for the implementation of free trade agreements, strengthening publicity and promotion and special training, and strengthening the issuance of certificates of origin are powerful means to promote high-quality implementation of free trade agreements. These measures have also brought tangible benefits to regional economic and trade development and brought "real money" benefits to enterprises.

China Council for the Promotion of International Trade (CCPIT) is one of the statutory bodies for issuing certificates of origin in my country. In the first seven months of this year, the national trade promotion system issued a total of 2.715 million certificates of origin, with a total visa amount of 233.31 billion US dollars, a year-on-year increase of 23.7%. Among them, the issuance of RCEP certificate of origin has become a new growth point. In the first seven months, the national trade promotion system issued a total of 70,200 RCEP certificates of origin, which are expected to reduce or exempt tariffs of approximately US$52 million for my country's international trade export products in RCEP member countries.

CCPIT is also strengthening regular contacts with foreign-funded enterprises and foreign business associations in China, institutionally holding government-enterprise dialogue meetings and business environment construction symposiums, smoothing the channels for companies to express their opinions and appeals, and improving the tracking and processing feedback mechanism. In order to effectively solve the difficulties and problems encountered by foreign-funded enterprises in their investment and operation in China and enhance their confidence in investment and development in China, on May 20, the China Council for the Promotion of International Trade set up a special class for serving foreign-funded enterprises. Local CCPITs also give full play to the advantages of the CCPIT system, which is closely linked with foreign-funded enterprises and has a wide working network, and successively set up special classes for local services to foreign-funded enterprises.

Serving the "Belt and Road" to benefit people's livelihood

From the introduction of foreign capital technology to the promotion of major foreign investment projects, from helping enterprises to go global to promoting the joint construction of the "Belt and Road", from serving the construction of local open economy to helping optimize the business environment, CCPIT has played an important role as a bridge. The China Council for the Promotion of International Trade (CCPIT) guides Chinese enterprises to fully explain the concept of extensive consultation, joint contribution and shared benefits in participating in global governance, and actively puts forward Chinese initiatives in promoting policy communication, facility connectivity, unimpeded trade, financial integration, and people-to-people bonds among countries.

In May 2016, the China Council for the Promotion of International Trade (CCPIT) and 9 counterpart organizations jointly initiated the establishment of the Silk Road Business Council to build a platform for consultation and dialogue between the business circles of the countries and regions along the “Belt and Road”, and to promote and expand the “Belt and Road” countries and regions. Regional economic and trade cooperation. After continuous expansion, up to now, a total of 50 business associations from relevant countries have joined the council as member institutions.

In order to better promote the exchanges and cooperation between Chinese enterprises and the industrial and commercial circles of countries and regions jointly building the "Belt and Road", and provide more trade and investment opportunities for enterprises, in August 2017, China Council for the Promotion of International Trade led the establishment of the Silk Road Business Council China Committee . The 50 member institutions of the Council have also become an important starting point to promote economic and trade cooperation between Chinese enterprises and countries related to the "Belt and Road". Up to now, the China Committee has nearly 400 member companies from various fields such as energy, chemical industry, construction, construction machinery, finance and Internet information services.

China Council for the Promotion of International Trade has achieved positive results in promoting the high-quality development of the “Belt and Road Initiative”: it has established more than 300 multilateral and bilateral industrial and commercial cooperation mechanisms with relevant national counterpart institutions, and held more than 3,000 various activities; participated in the preparation of two “Belt and Road Initiatives” The International Cooperation Summit Forum and the "Belt and Road" Entrepreneurs Conference led to the signing of 125 agreements between Chinese and foreign companies, with a total contract value of US$64.478 billion.

In order to promote the stable, orderly and healthy development of Chinese enterprises’ outbound investment and cooperation, and help enterprises to better explore the international trade market, the China Council for the Promotion of International Trade has organized the compilation of a series of “Guidelines for the Country (Region) Business Environment of Enterprises’ Outbound Investment” since 2019. Introduce the economic and trade situation, foreign investment environment and policies of key countries (regions), investment status of Chinese enterprises, financing channels of Chinese enterprises, compliance operations, and basic information on work and life, etc., and update them from time to time, so that Chinese enterprises can keep abreast of investment target countries. Policies and regulations, accurate assessment of investment risks and opportunities provide important references.

China's trade promotion business, which was born from trade and prospered by promotion, takes setting up a world vision and conforming to the tide of the times as the mission of the new era. Ren Hongbin, President of China Council for the Promotion of International Trade, said that China Council for the Promotion of International Trade will strengthen cooperation with the industrial and commercial circles of various countries and move forward side by side to jointly promote openness and integration, and promote trade and investment liberalization and facilitation. , Contribute positive energy to the development of win-win international trade.