General

Cultivate a "small giant" specialized in and new in foreign trade, and the export of high-tech products in Zhejiang is significantly higher than that of foreign trade as a whole; Relying on the advantages of geographical proximity and trade facilitation, Shandong has planned ahead in the implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) to achieve early "harvest"; Guangdong fosters cross-border e-commerce and accelerates exploration on new business forms and models

It is understood that in the near future, relevant departments and local governments have actively deployed, especially the major foreign trade provinces, to play their advantages and assume the role of a bridge, accelerate exploration from product innovation, business layout, market development and other aspects, cultivate new momentum for foreign trade development, improve foreign trade competitiveness, and consolidate the development trend of China's foreign trade in stability and quality.

——Focus on product upgrading to enhance China's export competitiveness

A series of measures have enabled Belon Precision Technology Co., Ltd., located in Yuyao, Zhejiang Province, to take the initiative instead of being passive. In the face of the decline in global mobile phone business, the export business has maintained a good growth.

Wu Lei, secretary of the company's board of directors, told reporters that national policies and local government support are important driving forces for innovative development of enterprises. "The status of national level specialized and new 'little giant' enterprises has enabled enterprises to receive more preferential policies, financial institutions have actively provided low interest loans, and the local government has strongly supported the application of land use certificates, all of which have increased confidence in the development of enterprises."

According to customs data, in the first three quarters, Zhejiang specialized, special and new "little giant" enterprises exported 38.45 billion yuan, an increase of 38.5%, 18.4 percentage points higher than the overall export growth.

In addition, in major foreign trade provinces and cities such as Shanghai, Beijing and Jiangsu, the pace of enterprise transformation and upgrading is also accelerating, and many export competitive industries such as electric vehicles and lithium batteries have been cultivated. According to customs data, in the first 10 months of this year, the exports of solar cells, lithium-ion batteries and electric manned vehicles in Beijing (including central units in Beijing) were 3.6 billion yuan, 9.4 billion yuan and 920 million yuan, respectively, up 18.2 times, 3.1 times and 7.1 times year on year.

Zhou Mi, a researcher from the Research Institute of the Ministry of Commerce, said that promoting the optimization of the export product structure and increasing the proportion of products with high added value and high-tech content are fundamental to enhancing the overall competitiveness of foreign trade.

"In these aspects, there is no doubt that large foreign trade provinces have a stronger industrial base, more abundant resources, and more high-quality enterprises." Zhou Mi said that, with the joint efforts of government departments and enterprises, the transformation and upgrading of foreign trade enterprises will be further accelerated, and the international competitiveness of products will continue to improve, which will provide a driving demonstration effect for more places and provide impetus for the high-quality development of China's foreign trade.

——Accelerate the release of potential such as cultivating new business types and cross-border e-commerce

The innovation of business model has also become an important way to promote the development of foreign trade.

According to customs data, this year's Tmall "Double 11" shopping festival was launched globally for the first time. The company expects that during this period, cross-border e-commerce goods worth nearly 4 million yuan will be exported to Thailand, Laos, Myanmar and other places. Guangzhou Customs has optimized and improved the transit transportation and supervision chain of goods. Exported goods can be handled on arrival and overnight, which is more efficient, and domestic goods can be shipped more smoothly.

From the construction of a cross-border e-commerce comprehensive pilot area to the building of a "live e-commerce city", to the expansion and upgrading of the online Canton Fair, cross-border e-commerce has become a new driving force for the development of Guangdong's foreign trade. According to customs data, in September, the import and export of cross-border e-commerce across the province reached 124.68 billion yuan, an increase of 1.3 times. The scale of a single month exceeded 100 billion yuan for the first time, driving the import and export growth of that month by 9 percentage points.

In addition, market procurement trade has also become the driving force in some places. On November 9, a daily necessities department store in Changshu purchased a batch of trade goods with a value of about $116000 in the market, which were shipped from Meishan Port in Ningbo to Belgium. "Since this year, our overall business volume in Europe has increased by 20% by adopting the market procurement trade mode of export." Zhang Jianshun, the merchant, said.

According to customs data, from January to October, Jiangsu's market procurement trade had a cumulative export value of 20.26 billion yuan, up nearly 50% year on year, becoming a new driving force for foreign trade development.

Earlier, the Ministry of Commerce said that China's cross-border e-commerce, market procurement trade and other new forms of business expanded rapidly. In 2021, China's cross-border e-commerce import and export scale reached 1.92 trillion yuan, an increase of 18.6%. The market procurement export increased by 32.1%, showing a vigorous development trend.

Xu Yingming, director of the International Market Institute of the Research Institute of the Ministry of Commerce, analyzed in an interview that relying on their own advantages, major foreign trade provinces are actively exploring, which is conducive to giving play to the role of new cross-border businesses in stabilizing foreign trade, stimulating innovation vitality, and enhancing the momentum and stamina of development.

——Increase market development, RCEP, etc. become important growth points

In November, Qingdao Daojin Food Co., Ltd. was busy in the warehouse, and bags of cat food were filled and sealed at full speed in the automatic packaging line. The transport vehicles loaded with goods at the entrance of the warehouse are ready to go, and 15 tons of pet food will be sent to Japan soon.

"Benefiting from the RCEP dividend, the company's orders for exports to Japan, South Korea and ASEAN have been very full this year." Introduced by Masahiro Koyama, the person in charge of the company.

Bi Haijun, Director of the Customs Department of Qingdao Customs, said that Shandong's largest trading partner is ASEAN among the RCEP members, and it is adjacent to the Japanese and Korean markets of the RCEP members. It will benefit more from the opening opportunities brought about by the effective RCEP.

It is reported that 10 months before the RCEP came into effect, Qingdao Customs, Jinan Customs and Shandong Council for the Promotion of International Trade issued RCEP certificates of origin for 122000 batches of export goods, ranking first in China. During the period, Shandong's import and export to other RCEP member countries increased by 23.4% year on year, and its proportion in the total import and export value increased by 2.9 percentage points.

Xu Yingming said that major foreign trade provinces make full use of free trade agreements such as RCEP to strengthen bilateral and multilateral cooperation, consolidate traditional markets, and expand emerging markets. "The expansion, prevention and reduction, and strong security" will support the stability and quality improvement of China's foreign trade.

According to the deployment of the central government, the major foreign trade provinces will further strengthen their exploration to pave the way for the innovative development of foreign trade. At the previous executive meeting of the State Council, it was proposed to strengthen the responsibility of foreign trade and foreign investment as a major province, so as to give better play to its role as a bridge. Relevant departments should strengthen coordination and services. The Ministry of Commerce also requested that major foreign trade provinces should better play their role as a bridge and come up with specific measures.

More initiatives are being launched locally. The Department of Commerce of Guangdong Province proposed to focus on the new business form of foreign trade, focus on the construction of 21 cross-border e-commerce comprehensive pilot areas in the province, and further expand the scale of cross-border e-commerce. Beijing has strengthened the leading role of scientific and technological innovation, continued to build a green low-carbon industrial cluster with international competitiveness, and promoted new energy products to become new growth highlights of foreign trade.

In a thorough view, based on their own advantages, major foreign trade provinces will improve the efficiency of resource allocation through innovative ways, explore new markets and channels, and create new product competitive advantages, which will provide experience for the innovative development of foreign trade across the country and enhance the overall efficiency of foreign trade development.

Xu Yingming proposed that, in the process of exploration, major foreign trade provinces should carefully implement certain policies and measures to stabilize foreign trade, further stabilize the expectations of foreign trade subjects and stimulate the vitality of foreign trade subjects. We should also give greater play to the role of foreign trade innovation platforms such as the pilot free trade zone, the market procurement trade mode pilot, the import trade promotion innovation demonstration zone, and the cross-border e-commerce comprehensive pilot zone. In particular, we should use digital empowerment to promote innovation in foreign trade modes, channels, and systems, so as to provide more momentum for the innovative development of foreign trade across the country.

Xu Yingming said that with the promotion of more measures, the potential and leading role of a large province of foreign trade will be further released to consolidate the development trend of stable and high-quality foreign trade in China.