China News Service, Chongqing, July 25th (Reporter Zhong Yi) The "Foreign Trade Fair Dress Up Pedestrian Street" event sponsored by the Ministry of Commerce of China and Chongqing Municipal People's Government kicked off on the 25th in Jiefangbei Pedestrian Street. As an innovative move for export products to be sold in the domestic market, hundreds of enterprises have brought more than a thousand kinds of export commodities to meet the consumer demand of citizens.
This event lasts for 3 days and will help foreign trade companies to expand sales channels through various forms such as centralized exhibitions, procurement docking, web live broadcast, and live show visits. The exhibition section is divided into "service trade, agricultural and sideline products, consumer goods" exhibition area, with an exhibition area of 1,500 square meters, covering electronic products, textiles, handicrafts, outdoor products, mechanical and electrical products, automobiles/motorcycles and parts, daily necessities, toys and other categories.
Li Xingqian, Director of the Foreign Trade Department of the Ministry of Commerce of China, said in his speech that since the beginning of this year, the new crown pneumonia epidemic has severely impacted the world economy, and foreign trade companies are facing unprecedented difficulties and operating pressures. As my country's epidemic prevention and control has achieved major strategic results, domestic demand is accelerating the release, providing opportunities for foreign trade products to be sold domestically. The purpose of holding the "Foreign Trade Premium Outfits Dress Up Walking Street" activity is to give play to the organizational role of pedestrian street brand gathering and channel integration, build domestic sales channels and platforms, accurately meet domestic consumption upgrade needs, and support marketable export products to open up the domestic market.
Chongqing is the only municipality directly under the Central Government in central and western China. It is also the world's largest production base for notebook computers and an important production base for automobiles, motorcycles, and mobile phones in the country. There is one "Made in Chongqing" for every three notebook computers in the world. In 2019, Chongqing’s total imports and exports to countries along the “Belt and Road” reached 159.66 billion yuan, accounting for 27.6% of Chongqing’s total foreign trade value. Zhang Zhikui, director of the Chongqing Municipal Commission of Commerce, introduced that in the first half of 2020, the city’s business economy will accelerate its recovery growth, and the consumer market will continue to pick up. The growth rate of retail sales of consumer goods is 4.2% higher than that of the country, and the growth rate will be the highest in the country from January to February. The 24th place rose to the 8th place; foreign trade imports and exports turned from negative to positive, an increase of 3.5%.
In the next step, Chongqing will continue to make efforts to expand the foreign trade market and transfer export products to domestic sales. Specific actions include the introduction of relevant policies to support enterprises in expanding the domestic market, launching export commodity exhibition tours, opening up online sales channels, and conducting domestic sales related training.