China News Service, November 12, Assistant Minister of Commerce Ren Hongbin pointed out on the 12th that from January to October this year, my country's total imports and exports reached RMB 25.95 trillion, a year-on-year increase of 1.1%, and the scale hit a record high in the same period.
China’s foreign trade has strong resilience, great potential, strong corporate innovation capabilities, and the long-term positive development trend has not changed. We are fully confident of achieving the annual foreign trade development goals.
Data map: Wharf in the bonded port area.
Photo by China News Agency reporter Yu Jing
The State Council Information Office held a regular briefing on the State Council’s policies on the 12th. At the meeting, reporters asked questions. The foreign trade situation of my country was severe at the beginning of the year. However, imports and exports have continued to grow in recent months.
How to judge the foreign trade situation in the next stage?
Ren Hongbin introduced that since the beginning of this year, in the face of the sudden new crown pneumonia epidemic, under the strong leadership of the Party Central Committee, all localities and departments have coordinated the prevention and control of the epidemic and stabilized foreign trade, and achieved positive results. Imports and exports have stabilized and improved, better than expected. .
From January to October, my country’s total imports and exports reached RMB 25.95 trillion, a year-on-year increase of 1.1%, and the scale hit a record high in the same period in history.
At the same time, the international market share further increased.
Ren Hongbin said that it is mainly due to the following aspects:
First, the Party Central Committee has achieved major strategic results in the overall planning of epidemic prevention and control and economic and social development.
The Chinese government has always put the people’s life safety and health first, scientifically formulated guidelines and policies for epidemic prevention and control, and effectively curbed the spread of the epidemic. The foreign trade sector took the lead in resuming work and production, and both sides of foreign trade supply and demand are making efforts at the same time. Recovery has won the initiative for development, and has provided a strong material foundation for high-quality and innovative development of foreign trade.
Second, policies and measures to stabilize foreign trade are effective.
The State Council has successively introduced a series of unconventional and phased foreign trade policies and measures to effectively relieve the difficulties of enterprises, preserve the main body of foreign trade, and boost market confidence and expectations.
The third is to deepen international cooperation in epidemic prevention and control and contribute to the increase in foreign trade.
On the basis of ensuring domestic epidemic prevention and control, we deepened global anti-epidemic cooperation, promoted the export of epidemic prevention materials in an orderly manner, and expanded the export of daily necessities, remote office, outdoor health products, etc., to meet the home work and consumption needs of people in many countries during the epidemic .
It should be said that the export of anti-epidemic materials and "home economy" products played a very supportive role in foreign trade imports and exports from January to October, especially foreign trade exports.
At the same time, my country has taken the lead in resuming work and production, and new infrastructure construction has driven domestic demand growth, providing a good foundation for expanding imports.
Fourth, the advantages of the industrial chain and supply chain are fully stimulated.
In recent years, my country has been at the global core position in the industrial chain supply chain, which is very important.
The epidemic has severely hampered the global industrial supply chain.
China's production order has been restored quickly, and production capacity has been fully released. Production capacity and orders from some countries have returned to my country, filling the supply gap in some countries and markets around the world, and strongly supporting the recovery of the world economy.
Fifth, online and offline exhibitions help companies develop markets.
A series of exhibitions such as the Canton Fair, the China International Import Expo and the Service Trade Fair are held on the cloud, integrating online and offline development.
In particular, the cloud exhibition will further help enterprises to capture orders and expand the market through the all-weather supply and sourcing docking.
Ren Hongbin pointed out that at present, the new crown pneumonia epidemic is still spreading globally, international demand has fallen sharply, industrial chain supply chain circulation is not smooth, trade protectionism has risen, and uncertain and unstable factors have increased significantly. This is also the biggest challenge facing us.
Ren Hongbin emphasized that China's foreign trade has sufficient resilience, great potential, strong corporate innovation capabilities, and the long-term positive development trend has not changed. We are fully confident of achieving the annual foreign trade development goals.
We will adhere to the new development concept and focus on building a new development pattern with the domestic cycle as the main body and the domestic and international double cycles mutually promoting each other, continue to give play to the advantages of system, market and momentum, continue to promote the innovative development of foreign trade, and strengthen the integration of foreign trade. Competitiveness, careful planning and formulation of the "14th Five-Year" plan for foreign trade development, to achieve a good start and steady start for foreign trade development next year.