China’s foreign trade is gradually stabilizing and improving the Ministry of Commerce: there is support and pressure.
Beijing, China, September 11 (Reporter Tong Yatao) According to World Finance, the economic voice of the Central Radio and Television General Station, the latest data shows that in the first eight months of this year, China’s foreign trade import and export gradually stabilized and improved, and the situation was better than expected. Gao Feng, spokesman of the Ministry of Commerce, said at the press conference held on September 10th that the foreign trade situation this year was supportive and stressful.
According to data released by the General Administration of Customs recently, in the first eight months of this year, the total value of China’s foreign trade import and export was 20.05 trillion yuan, down 0.6% from the same period of last year, and the decline was 1.1 percentage points narrower than that in the first seven months. Exports have achieved positive growth, with a year-on-year increase of 0.8%. At the press conference on September 10th, Gao Feng summarized China’s foreign trade performance in the first eight months of this year as "gradually stabilizing and improving, and the situation is better than expected." As for the foreign trade situation this year, Gao Feng used two words to describe it: support and pressure.
"On the one hand, it is ‘ Have support ’ . Since the beginning of this year, a series of policies and measures to stabilize foreign trade in the State Council have been continuously implemented, and the policy effects have been continuously released. The demand in the international market has partially picked up, and the PMI index of some major international economies has improved in August. " Gao Feng said, "On the other hand, it is ‘ There is pressure ’ . At present, the global epidemic has not been fully and effectively controlled, and the demand in the international market has shrunk severely. The latest global trade prosperity index released by the WTO has hit a record low, unilateralism and protectionism have risen, and uncertainties and unstable factors have increased significantly. The situation facing China’s foreign trade development is still severe and complicated. "
Gao Feng introduced that in the next step, the Ministry of Commerce will closely focus on the objectives and tasks of promoting stability and improving quality of foreign trade throughout the year, pay close attention to the implementation of stable foreign trade policies, and ensure that relevant policies benefit market players as soon as possible. "Accelerate the cultivation of new foreign trade formats and new models, guide the gradient transfer of processing trade and stabilize the development of processing trade. Actively promote the innovative development of border trade. Speeding up import trade and promoting the construction of innovation demonstration zone. Support export products to domestic sales. Continue to improve the level of trade facilitation. "
As a "barometer" of China’s foreign trade, the 128th China Import and Export Fair, the Canton Fair, will be held online from October 15th to 24th, with an extension of 10 days.
In recent years, with the rapid development and wide application of digital technology, digital economy and trade have flourished and become the highlight of economic development and international economic and trade cooperation in various countries. Data show that in 2019, the added value of China’s digital economy reached 35.8 trillion yuan, accounting for 36.2% of GDP. At the just-concluded 2020 Service Trade Fair, many places and departments have also put forward relevant layout plans to accelerate the development of digital trade.
Gao Feng introduced that since the beginning of this year, the Ministry of Commerce, together with the Central Network Information Office, the Ministry of Industry and Information Technology and other departments, has studied the framework of digital trade system, put forward a digital trade work plan, and selected the first batch of 12 digital service export bases based on comprehensive evaluation, supported and guided these bases to try first, and promoted the improvement of digital trade policies and systems in the practice of digital trade.
"In the next step, the Ministry of Commerce, together with the Central Network Information Office and other departments, will continue to push forward the pilot work of comprehensively deepening the innovation and development of service trade, regard digital trade as an important part of the new round of pilot projects, guide relevant pilot areas to actively explore, continuously optimize the allocation of digital resources, and stimulate the development potential of China’s digital economy and trade." Gao Feng said.