Chinanews.com, October 14 According to the Ministry of Commerce website, the head of the Foreign Trade Department of the Ministry of Commerce pointed out on October 14 that when talking about my country’s foreign trade operations from January to September 2020, from the perspective of operation and effectiveness, my country’s first three quarters Foreign trade has stabilized and improved, better than expected, with increased contribution and full of vitality.

The data picture shows the aerial photography of the Haikou Xiuying Port Container Terminal.

Photo by China News Agency reporter Luo Yunfei

  The person in charge said that since the beginning of this year, the epidemic has brought a serious impact on my country's foreign trade development, with unprecedented difficulties and challenges.

The Ministry of Commerce resolutely implemented the decisions and deployments of the Party Central Committee and the State Council, took stabilizing foreign trade as the top priority, closely followed up and judged the foreign trade situation, and promptly promoted the introduction of a series of extraordinary policies and measures to stabilize corporate confidence and market expectations.

All localities and departments are in the same boat, and the vast number of foreign trade enterprises are facing difficulties and forging ahead, forming a strong synergy across the country.

In terms of operation and effectiveness, my country’s foreign trade in the first three quarters has stabilized and improved, better than expected, with increased contributions and full of vitality.

  The first is to stabilize, which is reflected in the increase in trade scale and international market share.

  From a historical comparison, the scale of imports and exports hit a new high over the same period.

In the first three quarters, my country's total import and export volume was 23.12 trillion yuan, an increase of 0.7%.

Among them, exports were 12.71 trillion yuan, an increase of 1.8%, and imports were 10.41 trillion yuan, a decrease of 0.6%.

The scale of China's import and export and export both hit a record high in the same period in history.

  From a horizontal comparison, the international market share has steadily increased.

According to WTO data, in the first half of this year, China’s export growth rate was 7.8 percentage points higher than the global average, and its international market share increased by more than 1 percentage point over the same period last year, setting a record high for the same period in history.

Both the scale of trade and market share have both increased and reached new highs, which are determined by China's basic foreign trade and overall strength.

  The second is improvement, which is reflected in the optimization and innovation of the quality structure.

  From the perspective of trade structure, the "five optimizations" go hand in hand.

The layout of the international market is optimizing. China's imports and exports to ASEAN have increased by 7.7%, and ASEAN has become China's largest trading partner.

Imports and exports to countries along the “Belt and Road” increased by 1.5%.

Exports to traditional markets in Europe and America have been actively recovered.

The domestic regional layout has become more balanced, with exports in the central and western regions increasing by 7%, which is 5.2 percentage points higher than the overall growth rate.

In terms of operating entities, the role of private enterprises as a "stabilizer" is more prominent. Exports increased by 10%, which pushed up the overall export growth rate by 5.1 percentage points, and its proportion increased by 4.1 percentage points to 55.2%.

The commodity structure continued to upgrade, the proportion of exports of mechanical and electrical products increased by 0.8 percentage points to 58.7%, and the export growth rates of high-quality, high-tech and high-value-added products such as integrated circuits, computers, and medical devices reached 14.9%, 10.7%, and 48.2%, respectively.

In terms of trade methods, general trade is resilient and competitive.

Exports increased by 3.8%, and their share increased by 1.1 percentage points to 59.5%.

  From the perspective of business format and model innovation, kinetic energy conversion has accelerated.

New business forms and models such as cross-border e-commerce and market procurement have entered the fast lane, the business environment has continued to improve, and the vitality of market players has accelerated.

46 newly established cross-border e-commerce comprehensive pilot zones and 17 pilot market procurement trade methods are encouraged to guide diversified investment in the construction of overseas warehouses.

Cross-border e-commerce import and export, and market procurement trade exports increased by 52.8% and 35.5% respectively.

  The third is the enhanced contribution, which is reflected in the powerful and effective new development pattern of the dual-cycle service.

  From the perspective of serving the overall situation of domestic development, foreign trade provides strong support for the stability and improvement of the national economy, and makes positive contributions to stabilizing growth, securing employment for residents, and securing market entities.

From January to August, there were 478,000 companies with actual import and export performance, a year-on-year increase of 6.2%.

Foreign trade has driven 180 million people in employment, and import taxes contributed 10.4% of the country’s total tax revenue.

In the first three quarters, the trade surplus was US$326.05 billion, an increase of 11.2%, which effectively stabilized the international balance of payments.

  From the perspective of open cooperation, it strongly supports global epidemic prevention and control and the recovery of world economy and trade.

We have taken concrete actions to deepen international cooperation in epidemic prevention and control, do our best to expand the export of epidemic prevention materials, and promote the construction of a human health community.

China further opened its market to the outside world and actively expanded imports.

According to WTO statistics, in the first half of the year, China’s import share in the global market increased by 0.8% compared with the same period last year.

Recently, senior WTO economists also stated that China not only has outstanding performance in exports, but also has made positive contributions to the recovery of global economy and trade in imports.

  The person in charge pointed out that at present, the epidemic is still spreading globally, the world economy is severely recessed, external demand has shrunk significantly, the international industrial chain supply chain is blocked, protectionism and unilateralism are rising, trade barriers are increasing, and uncertainty and instability are obvious The situation facing my country’s foreign trade development is still complicated and severe.

  At the same time, it must be noted that we have the advantages of the socialist system with Chinese characteristics, the comprehensive advantages of the world’s largest, most comprehensive, and most complete manufacturing system, and the advantages of a super-large-scale market. There is no long-term positive trend for my country’s foreign trade. Change, have full confidence and ability to stabilize the basic foreign trade and foreign investment.

  The person in charge stated that in the fourth quarter, we must focus on building a new development pattern, coordinate and optimize the international market layout and domestic regional layout, accelerate the cultivation of new business models and models of foreign trade, and promote the innovative development of foreign trade.

We must actively expand imports, carefully organize the 3rd CIIE and the 128th Canton Fair, go all out to complete the goal of promoting stability and quality of foreign trade throughout the year, and strive to submit a qualified answer to the country and the people in the big exam.