China's Ministry of Commerce talks about the situation of foreign trade: confident to complete the annual "quantity stability and quality improvement" goal
China News Service, Beijing, September 14 (Reporter Liu Liang) In response to the current severe external situation facing China's foreign trade, the Ministry of Commerce of China stated on the 14th that China's foreign trade is confident of fulfilling the goal of "steady volume and quality improvement" throughout the year.
Chinese Vice Minister of Commerce Ren Hongbin said at a press conference of the State Council Information Office on the 14th that since the beginning of this year, the global new crown epidemic has raged and has brought a huge impact on global production and life.
But China's foreign trade still shows strong resilience.
In the first eight months of this year, China’s import and export volume reached RMB 24.78 trillion, a record high with a growth rate of 23.7%, which also reached a 10-year high.
He pointed out that there are still many uncertain, unstable and unbalanced factors in the current foreign trade development situation.
With the rapid growth of macro-digital figures, it is necessary to pay more attention to the risks and challenges faced by micro-subjects.
On the one hand, the international market demand faces greater uncertainty.
Since the beginning of this year, the global epidemic has repeated several times. Many countries have swayed during the "blockade" and "unblocking", and the uncertainty of the recovery of the world economy has risen.
At the same time, the phased factors driving the growth of foreign trade may fade, and the growth rate of exports will gradually decline.
On the other hand, the instability of the global industrial chain supply chain is prominent.
Affected by the new round of Delta virus, some countries have once again suspended production and production, which has blocked the production of a large number of intermediate products such as chips, which has seriously affected the stability and smoothness of the global industrial chain supply chain.
At the same time, some countries have politicized trade issues and engaged in technological blockade, which has also increased the industrial chain supply chain risks faced by foreign trade companies.
In addition, different markets and business entities have begun to diverge. The recovery momentum of emerging markets is less than that of traditional markets, small and medium-sized foreign trade companies’ order status is less than that of large foreign trade companies, and the profitability of mid- and downstream foreign trade companies is less than that of upstream companies. These factors will affect foreign trade companies’ response to risks. Ability.
According to recent surveys, small and medium-sized foreign trade companies are still facing pressures such as high shipping freight and high raw material prices. Affected by this, the profits of small and medium-sized foreign trade companies have been severely squeezed and faced greater difficulties.
Ren Hongbin said that looking forward to the full year's foreign trade, China is confident that through its efforts to accomplish the goal of "steady quantity and quality improvement" throughout the year.
At the same time, in response to the above-mentioned risks and challenges faced by micro entities, the Ministry of Commerce will closely follow the changes in the international market situation, pay close attention to the development of market entities, make policy reserves, enhance foreign trade risk resistance, and maintain stable foreign trade operations across cycles.
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