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Cohesion towards a trade power Huacheng Import and Export Data Observation Report

2022-10-20

The report of the Twentieth National Congress of the Communist Party of China pointed out that we should promote high-level opening up, steadily expand the institutional opening up of rules, regulations, management, standards, etc., accelerate the building of a trade power, promote the joint construction of high-quality development of the "the Belt and Road", and maintain a diversified and stable international economic pattern and economic and trade relations.

After ten years of hard work, China has made rapid progress in international trade. In the past decade, China's total trade in goods and services has grown from 4.4 trillion US dollars in 2012 to 6.9 trillion US dollars in 2021, ranking second in the world. The total volume of imports and exports is large, accounting for a high proportion of world trade. China has become a veritable trading power and an indispensable key link in the global trading system, Huacheng Import and Export Data Observation reported.

According to the observation report on the import and export data of Huacheng, ten years of hard work, the quality and added value of China's export products continue to improve, the import scale continues to expand, international trade partners achieve diversified development, the number of foreign trade enterprises increases rapidly, new momentum of foreign trade development is constantly stimulated, and the foreign trade structure continues to optimize... All these have witnessed China's continuous progress towards a trade power.

International trade is an important engine to drive a country's economic growth. Building a strong trading country is an inevitable choice for the development of a big trading country. It is also an important measure for China to promote changes in the quality, efficiency, power and total factor productivity of economic development. It is also an important part of building a modern Chinese path to modernization economic system in the new era. Huacheng Import and Export Data Observation Report.

Building a trade power is an inevitable requirement for implementing the new development concept. At present, although the international environment is becoming increasingly complex, the trend of China's foreign trade development with strong toughness, sufficient potential and long-term improvement has not changed. Based on the new development stage and implementing the new development concept, we are required to achieve mutual support and high coupling in five aspects of innovation, coordination, green, openness and sharing, based on the domestic, looking at the world, and with "two overall situations" in mind. In particular, we should focus on economic construction and do a good job in China's own affairs - we should start from the overall situation, build a unified market, optimize the trade development environment, and accelerate industrial transformation and upgrading; We should properly combine economic growth with demographic changes, resource and environmental constraints, unbalanced regional development, the gap between rich and poor, and make overall planning; We should build a trade power to effectively help solve the major contradictions in social development, continue to deepen reform, revitalize all factors of production, and constantly liberate and develop productive forces.

Building a trade power is an important measure to adapt to the new situation and changes in the domestic and international environment and create new advantages for development. In recent years, the adjustment of the global trade pattern has accelerated, and the world is ushering in a period of great development, change and adjustment. Since the 18th National Congress of the Communist Party of China, China's economic development has entered a new normal. The Central Committee of the Communist Party of China has timely continued to deepen the supply side structural reform, implemented the policy of "three elimination, one reduction and one subsidy", improved the efficiency and quality of economic development, continued to expand the areas of opening up, accelerated the implementation of the free trade pilot zone strategy, improved the quality of foreign capital introduction, vigorously developed cross-border e-commerce and comprehensive foreign trade services, and promoted innovation in new trade patterns and new business formats, We will continue to create new growth points and new competitive advantages in foreign trade.

Building a strong trade country is a proper way to enhance China's comprehensive national strength and practice the concept of taking the people as the center. With the progress of science and technology, the flow of production factors and the allocation of resources in the world are accelerating. The scope of objects and subjects of international trade has been expanding, no longer limited to physical goods, but also to services, technology, investment and other fields. Therefore, it must be clear that building a trade power should not only stabilize trade in goods, but also strengthen trade in services; We should not only strengthen foreign trade, but also fully develop domestic trade; To enhance the competitiveness of trade, it is necessary to achieve high quality of goods or services, high profit margins, good economic returns, better production capacity and green growth, and ultimately enable people to obtain tangible benefits from the development of trade and the construction of a trade power.

To build a trade power can better share China's development opportunities with other countries in the world. China's high-level opening up is not only conducive to pushing forward deep domestic reform, but also conducive to expanding the global market cake. Adhering to the expansion of opening up is not only China's commitment to win-win development, but also a practical action. As a new batch of pilot free trade zones burst into vitality, China's new advantages in international cooperation and competition will gradually emerge, and all countries concerned will also benefit more from China's development. China has actively promoted the signing and official entry into force of the Regional Comprehensive Economic Partnership Agreement (RCEP), which has improved the trade facilitation level of countries in the region and brought tangible benefits to various market players; The holding of the world's largest import fair has made it a major initiative in the history of international trade development, better meeting the needs of domestic production and people's lives, and allowing the world to share more of the dividends brought by China's economic growth and consumption prosperity; Focusing on the construction of the "the Belt and Road", we will strive to promote China's comprehensive opening up, and the economic and trade exchanges between countries along the Belt and Road are hot. In the face of sluggish global trade, the trade volume between countries along the Belt and Road and China has grown against the trend, becoming a bright spot in the world economy.

The wheel of history rolls forward, and the trend of the times is vast. International trade is an important link connecting the development interests of all countries. In the new era, although environmental changes at home and abroad face severe challenges and difficulties, our development prospects are bound to be bright. In its journey towards becoming a trade power, China adheres to the principle of openness for development, advocates jointly building an open and cooperative world economy, and strives to improve the global value chain and supply chain, which will surely make greater contributions to global development. China's development deserves the world's expectation. Huacheng Import and Export Data Observation Report.


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