Stabilize orders, stabilize the market, develop foreign trade with sufficient resilience (new economic position, how to see mid-year data)
According to customs statistics, in the first half of this year, my country's total import and export value of goods trade was 14.24 trillion yuan, a year-on-year decrease of 3.2%, a decrease of 1.7 percentage points from the previous five months. Among them, exports were 7.71 trillion yuan, down 3%; imports were 6.53 trillion yuan, down 3.3%.
"This year, China has coordinated the advancement of epidemic prevention and control and economic and social development, solidly carried out the "six stability" work, fully implemented the "six guarantees" task, and foreign trade imports and exports have been better than expected." Spokesperson of the General Administration of Customs, Department of Statistics and Analysis Chief Minister Li Kuiwen said at the press conference of the State Council of the People’s Republic of China on July 14 that at present, it is necessary to go all out to coordinate the prevention and control of port epidemics and promote the steady growth of foreign trade, further optimize the port business environment, and help companies develop international markets. Stabilize China's basic foreign trade, and promote foreign trade to promote stability and improve quality.
1. Stabilize the basic foreign trade plate
Accelerate the cultivation of new kinetic energy, the market share of private enterprises has increased significantly
In the first half of the year, although my country's foreign trade imports and exports fell by 3.2%, the decline was significantly narrowed by 3.3 percentage points from the first quarter. Among them, the import and export in June achieved the first positive growth both in the year, and the overall performance of foreign trade in the first half of the year was better than expected.
Imports and exports have gradually stabilized. From the perspective of the quarterly trend, China's import and export value reached 7.67 trillion yuan in the second quarter, a year-on-year decrease narrowed to 0.2%, an increase of 16.7% from the first quarter; exports increased by 4.5% and 31.3% year-on-year and month-on-month, and imports fell by 5.7% year-on-year. MoM growth was 1.6%. From the monthly trend, imports and exports increased by 5.1% year-on-year in June, and exports have maintained a positive year-on-year growth for three consecutive months since April. After double-digit declines in April and May, imports also turned negative in June. ", an increase of 6.2%.
"Since this year, a series of policy measures such as improving the export tax rebate policy, increasing foreign trade credit placement, increasing export credit insurance support, adding a cross-border e-commerce comprehensive test zone, and supporting export to domestic sales have come into effect, helping foreign trade enterprises to overcome difficulties and protect the market , Guarantee orders, effectively promote exports." Li Kuiwen said that in the first half of the year, exports of textiles including masks increased by 32.4%, and exports of medical materials and drugs, medical instruments and devices increased by 23.6% and 46.4%, respectively. At the same time, affected by the epidemic prevention and control, the consumption of the "house economy" has increased, and the exports of related products such as notebook computers and mobile phones increased by 9.1% and 0.2% in the first half of the year.
New kinetic energy for foreign trade has been accelerated. The growth of imports and exports of private enterprises against the trend has become more prominent in the steady growth of foreign trade. In the first half of the year, the import and export of private enterprises, the largest foreign trade entity, was 6.42 trillion yuan, an increase of 4.9%, accounting for 45.1% of my country's total foreign trade value, an increase of 3.5 percentage points over the same period last year. Among them, exports were 4.14 trillion yuan, an increase of 3.2%, accounting for 53.7% of the total export value; imports were 2.28 trillion yuan, an increase of 8.1%, accounting for 34.9% of the total import value.
"The import and export market share of private enterprises has increased significantly, reflecting that private enterprises still show strong competitiveness and vitality under the complex external situation, which is very gratifying," said Zhang Yansheng, chief researcher of China International Economic Exchange Center.
As a new trade format, cross-border e-commerce has bucked the trend by virtue of its advantages of online transactions, non-contact delivery and short transaction chains, which has played a positive role for foreign trade companies to deal with the impact of the epidemic. According to customs statistics, in the first half of this year, imports and exports of customs cross-border e-commerce monitoring platforms increased by 26.2%, of which exports increased by 28.7% and imports increased by 24.4%. Market procurement trade exports increased by 33.4%.
"This year, the market procurement trade and cross-border e-commerce trade have performed well, which also reflects that China’s foreign trade has responded quickly to new technologies, new formats, new models, and new industries in the past 40 years of reform and opening up, showing strong flexibility. Sex, flexibility and toughness." Zhang Yansheng said.
2. More yuan in the export market
ASEAN became the largest trading partner, and the proportion of imports and exports along the Belt and Road further increased
"In the first half of the year, the international layout of my country's foreign trade was continuously optimized, and the proportion of emerging markets continued to increase." Liang Ming, director of the Institute of Foreign Trade Research of the Research Institute of the Ministry of Commerce, said.
Customs statistics show that in the first half of the year, the total import and export value of China and ASEAN was 2.09 trillion yuan, an increase of 5.6% year-on-year, accounting for 14.7% of China’s total foreign trade value, of which exports were 1.15 trillion yuan, an increase of 3.4%; imports were 938.57 billion yuan, an increase 8.5%. In the first half of the year, ASEAN replaced the European Union and became my country's largest trading partner.
"The electronics manufacturing industry is closely linked, driving the substantial growth of imports and exports of related products." When analyzing the reasons why ASEAN became China's largest trading partner, Li Kuiwen said that as part of the global electronics manufacturing industry chain, China imported from ASEAN in the first half of this year Integrated circuits reached 226.81 billion yuan, an increase of 23.8%, accounting for 24.2% of the total value of imports from ASEAN. Export of integrated circuits to ASEAN was 89.68 billion yuan, an increase of 29.1%, accounting for 7.8% of the total value of exports to ASEAN. The active import and export trade of integrated circuits drove the growth of my country's trade with ASEAN by 3.2 percentage points.
In the first half of this year, my country’s imports and exports with Vietnam increased by 18.1%, and the import and export volume ranked first among ASEAN countries, with a growth rate of 12.5 percentage points higher than the overall trade growth rate with ASEAN. The import and export of my country and Thailand increased by 9.2%, and the growth of imports and exports to Vietnam and Thailand combined drove the growth of my country-ASEAN trade by 5.7 percentage points.
In the first half of the year, China and the countries along the “Belt and Road” totaled 4.2 trillion yuan in imports and exports. Although the year-on-year decline was 0.9%, it was still 2.3 percentage points lower than the overall decline in China’s foreign trade, accounting for 29.5%, an increase of 0.7 over the same period last year. Percentage points.
Since the proposal of the “Belt and Road Initiative”, China and relevant countries have adhered to the principles of mutual consultation, co-construction and sharing, continued to deepen pragmatic cooperation, and promoted the continuous construction of the “Belt and Road” along the direction of high-quality development and achieved remarkable results.
"We have researched and issued the "Belt and Road Customs Focus of 2020", and established a special liaison working group for cooperation in smart customs, smart borders, and Zhixiang Unicom in the customs system, and actively promoted the "three" with customs of countries and regions along the "Belt and Road". "Chi' cooperation, accelerate the implementation of 21 pilot projects and experience formation, and promote trade liberalization and facilitation to a higher level." Li Kuiwen said.
3. Promote the promotion of stability and quality
Join forces "six stability" and "six guarantees" to ensure the smooth operation of the foreign trade industry chain supply chain
The current epidemic is still spreading around the world, the world economy is in serious recession, and international trade and investment have shrunk dramatically. However, we must also see that China’s foreign trade has sufficient resilience and room for maneuver. With the continuous release of a series of measures to stabilize foreign trade policies, we are confident Stabilize the basic foreign trade, and strive to promote imports and exports to promote stability and quality.
Liang Ming said that the international situation is not optimistic, but the main body of my country's foreign trade has shown tenacious vitality, every effort has been made to stabilize orders and markets, the advantages of my country's industrial chain and supply chain still exist, and international competitiveness remains strong.
According to the latest forecast of the International Monetary Fund, the world economy will decline by 4.9% this year, and the World Bank predicts that the global economy will decline by 5.2%, the worst economic recession since World War II. The World Trade Organization also expects global trade in goods to decline by 13% to 32%, and UNCTAD is expected to decline by 20%.
"China's foreign trade has begun to enter the stage of rapid growth from the previous 40 years to high-quality development. The next step is to balance the relationship between short-term stability, medium-term structural adjustment and long-term transfer, and foreign trade will continue to improve in the second half of the year. The situation." Zhang Yansheng said.
Improve the efficiency of customs clearance and continue to optimize the business environment; support the expansion of imports and increase the protection of agricultural products and food imports; support the construction of open platforms such as free trade pilot zones, free trade ports and comprehensive bonded zones, and help create a new highland for opening to the outside world... the national customs Together, "six stability" and "six guarantees" will ensure the smooth operation of the foreign trade industry chain and supply chain.
"In light of the actual situation of Hainan Free Trade Port, China has studied and drafted a method for the liberalization of the "first line" and the "second line" of Yangpu bonded port area to control customs supervision." Li Kuiwen introduced that with the approval of the State Council, the Ministry of Finance, the General Administration of Customs, and the General Administration of Taxation The "Announcement on Tax-Free Shopping Policy for Hainan Outlying Island Passengers" was jointly issued and will be implemented from July 1. In order to further improve the relevant work, the Customs has also formulated relevant supervision measures to promote the implementation of this policy.
Customs statistics show that from July 1st to 7th, Hainan Islands tourists made a total of 65,000 purchases, with a total purchase of 450 million yuan, tax exemption of 65.71 million yuan, and an average daily tax exemption of 9.39 million yuan, an increase of 58.2% over the first half of the year. The top three purchases are cosmetics, perfumes and jewelry.
"At present, the Customs is studying and promulgating new policy measures to support and stabilize foreign trade and promote the stable development of foreign trade." Li Kuiwen revealed.
Our reporter Du Haitao Luo Shanshan