It is expected that the decline in my country’s foreign trade will gradually narrow after the epidemic
It was learned from the website of the Ministry of Commerce that the Ministry of Commerce held a regular press conference on the 17th. Spokesperson Shen Danyang said that new growth momentum for my country’s foreign trade is accumulating, and it is expected that the decline in my country’s foreign trade will gradually narrow after March. It is possible for foreign trade to stabilize and improve.
Shen Danyang pointed out that according to customs statistics, my country’s total import and export value dropped significantly in the first two months of this year, which reflects that international market demand is still very weak in 2016 and the foreign trade situation remains severe and complex. It should be noted that the base in the first two months of 2015 was relatively high, with exports in January reaching US$199.89 billion and the monthly export volume being the third highest in the year; exports in February increased by 48.2% year-on-year, with the monthly growth rate being the highest in the year. Affected by the Spring Festival, the data for the first two months of this year have many incomparable factors and cannot fully reflect the foreign trade trend throughout the year. Despite the severe and complex situation, we are facing many favorable conditions for doing a good job in foreign trade this year. We still have the confidence and determination to work hard to complete the various foreign trade tasks proposed in the government work report, promote foreign trade to stabilize and improve, and play a more important role in economic and social development. Great effect.
Shen Danyang said that judging from our recent surveys in 20 provinces and cities across the country, companies generally reported that the foreign trade situation in 2016 was indeed more complex and severe than in 2015. The difficulties that existed in 2015 have not been reduced at all, and have even worsened. the trend of.
Looking at the international situation, authoritative institutions such as the International Monetary Fund and the World Bank have generally lowered the global economic growth rate in 2016 to the lowest in six years; the Baltic Dry Bulk Index fell to 349 points, the lowest level in history. International commodity and raw material prices continue to fall and are still hovering at low levels. The situation in some regions is turbulent, trade protectionism is on the rise, and trade frictions are increasing. We have also noticed that the exports of the 30 major economies in the world that have recently released foreign trade data for this year have all experienced significant declines to varying degrees. Among them, more than 10 major economies have experienced export declines of more than double digits, such as the United States, which dropped by 10.7%, and Japan It fell by 12.9%, South Korea by 18.8%, Canada by 12.4%, Brazil by 17.9%, India by 13.6%, and Taiwan by 13%.
Judging from the domestic situation, the factor costs of enterprises continue to rise, the traditional competitive advantages of foreign trade have weakened, fixed asset investment has continued to slow down, and import demand has declined. In particular, the outward transfer of industries and orders is still accelerating, and processing trade exports have continued for 12 consecutive years. monthly decline, exceeding the level during the international financial crisis. These indicate that the difficulties in foreign trade are not short-term.
Shen Danyang said that while fully recognizing the severity and complexity of the foreign trade situation, we also see that the industrial structures of my country and developed and developing countries are still highly complementary, with complete infrastructure and complete industrial supporting facilities. , the business environment continues to improve, and it has strong comprehensive competitive advantages and comparative advantages. The fundamentals of my country’s foreign trade development have not changed. At the same time, the foreign trade development structure continues to be optimized, transformation and upgrading, and power conversion are accelerating, and new foreign trade formats are booming. Some companies focus on their main business, continue to innovate, cultivate independent brands, increase the construction of overseas marketing networks, and continuously improve their international competitiveness. More importantly, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, the Ministry of Commerce, together with all relevant parties, is doing everything possible to stabilize growth while unswervingly adjusting the structure. A series of practical and effective policies and measures are either being implemented or will be introduced, such as: Vigorously clean up and standardize charges in the import and export links and formulate a positive list of charges; further improve the level of trade facilitation; optimize the export tax rebate rate structure to ensure timely and full tax refunds; increase export credit insurance and financing support, increase the scale of short-term export credit insurance, and Insurance for export financing of complete sets of equipment should be fully guaranteed; innovation of new business models such as cross-border e-commerce should be encouraged, and efforts should be made to cultivate new advantages in foreign trade competition, etc. This also means that new growth momentum for my country’s foreign trade is gathering. Therefore, we predict that after March, the decline in my country’s foreign trade will gradually narrow, and it is possible for foreign trade to stabilize and improve. It is expected that the decline in my country’s foreign trade will gradually narrow after March
AAA
Disclaimer:
Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights and interests, please contact us and we will change or delete it as soon as possible.
AA
