China News Service, Beijing, July 16 (Reporter Wang Qingkai) The National Bureau of Statistics of China announced on the 16th the "transcript" of China's economy in the first half of 2020. On the same day, Wang Xiaosong, a member of the Research Institute of the National Development and Strategy Research Institute of Renmin University of China and a professor at the School of Economics, said on the 16th that "The Country is a Forum-Mid-2020 Economic Situation Analysis Meeting", China's foreign trade improved month by month in the first half of the year, showing positive situation. The impact of the epidemic also brought good opportunities for China to extend its industrial chain.
Wang Xiaosong, a member of the National Development and Strategy Research Institute of Renmin University of China and a professor at the School of Economics
The data shows that China's import and export situation improved in June, and it is actually recovering after looking at the second quarter for a long time. Although the import and export in the second quarter declined year-on-year, it has significantly narrowed compared with the first quarter. Wang Xiaosong said that if the observation period is further lengthened, the overall goods trade situation will gradually improve in the first half of the year, which is actually recovering month after month after April.
Why is there such a recovery? Wang Xiaosong said that on the one hand, the growth of imports and exports of China and ASEAN is an important bright spot. Under the situation of unresolved Sino-US frictions, it is important to strengthen the focus on the development of emerging markets; on the other hand, the import and export of general trade in the first half of the year The proportion of foreign trade has exceeded 60%. In the past, China has relied on processing trade for many years. The impact of the epidemic has given us a very good opportunity to extend the industrial chain.
Wang Xiaosong said that from the perspective of China's internal regional structure, the import and export of foreign trade in the eastern region has decreased significantly, but the central and western regions have experienced a contrarian growth, which is also the reason why China's foreign trade situation in the first half of the year was better than expected; from the perspective of the structure of goods trade , Epidemic prevention materials have become a new export growth point. Including masks, medical equipment, etc.
The data shows that the export proportion of electromechanical products is still very high, accounting for nearly 60% of the total value, but it has declined, and labor-intensive products have also declined overall. However, the decline in these two key products is lower than the overall decline. For foreign trade The stability provides an important helper.
Wang Xiaosong said that in terms of the development of private enterprises, imports and exports increased significantly in the first half of the year, and the proportion accounted for more than 45% of the total value of foreign trade, a significant increase over the same period last year. If you compare, foreign-funded enterprises and state-owned enterprises are actually declining. So the status of private enterprises as the main body of foreign trade is becoming more and more obvious. "But in terms of the added value of this industry, private enterprises have no special highlights. In the development of foreign trade in the private economy, there is still the arduous task of securing orders and securing the market."
The higher the degree of trade dependence, the greater the risk. China proposes a "double cycle." Wang Xiaosong believes that the central government’s “dual cycle” is intended to strengthen the internal and external balance, because the external environment has changed significantly, and the epidemic has caused China’s days of relying on processing trade to be gone, so this internal cycle is to further improve the country’s internal The industrial chain of the country provides a good external impetus to realize the import substitution of key products. (Finish)