Chinanews.com.cn, November 24. The Ministry of Commerce held a special press conference on the "Fourteenth Five-Year Plan for High-quality Development of Foreign Trade" on November 24. Vice Minister of Commerce Ren Hongbin said when introducing foreign trade work this year, January-October. The total export volume was US$4.89 trillion, which has surpassed that of last year and hit a record high.

  Regarding this year’s foreign trade work, Ren Hongbin said that since the beginning of this year, in the face of the complex and severe domestic and foreign situation, under the strong leadership of the Party Central Committee and the State Council, the Ministry of Commerce, in conjunction with various localities and departments, has followed the requirements of the “six stability” and “six guarantees”. Adhere to the general keynote of seeking progress while maintaining stability, pay close attention to the implementation of policies, and continue to deepen the reform of "delegation, management and service", and accurately assist enterprises in alleviating difficulties.

The rapid growth of foreign trade has not come easily.

Mainly present four characteristics:

  First, the scale has reached a new high.

From January to October, the total import and export volume was US$4.89 trillion, which has exceeded that of the whole year of last year and hit a record high.

In the first half of this year, China's export and import international market share reached 14.6% and 12% respectively, both hitting new highs over the same period.

China has trading partners in more than 230 countries and regions around the world, and China's daily import and export trade volume exceeds 15 billion U.S. dollars.

China's economic and trade ties with the world have become closer.

  Second, the structure is more optimized.

The international market is more diversified, with developing countries and emerging economies accounting for 49.5% of China’s total exports.

The main force of private enterprises has become more prominent, accounting for 57.6% of China's total exports.

  The third is the continuous improvement of quality.

New forms of foreign trade, such as cross-border e-commerce import and export, and export through market procurement, maintained double-digit growth.

The 130th Canton Fair exhibited nearly 900,000 new products, of which 250,000 were products with independent intellectual property rights.

  Fourth, the resilience of the supply chain has increased.

Overcoming the impact of the new crown pneumonia epidemic, China has given full play to its strong manufacturing capabilities and complete supply chain supporting advantages to effectively make up for the global supply gap.

We are fully confident that we will achieve the goal of "stable quantity and quality improvement" throughout the year.

  Ren Hongbin pointed out that the contribution of my country's foreign trade to the national economy and the world economy has increased significantly, which is mainly reflected in four aspects.

  The first is to effectively drive economic growth.

The contribution rate of net exports of goods and services to GDP growth in the first three quarters reached 19.5%, driving GDP growth by 1.9 percentage points.

  The second is the prominent role of job stabilization.

In the first 10 months, the number of newly registered foreign trade operators reached 154,000, most of which were small, medium and micro foreign trade enterprises, effectively driving employment growth.

New business formats such as cross-border e-commerce have broadened social flexible employment channels.

  The third is to improve people's livelihood.

Actively expand imports, ensure the supply of important agricultural products and energy, increase imports of consumer goods, and meet the diverse needs of the people.

This year, more than 2,000 companies in poverty alleviation areas successfully opened up the international market through the Canton Fair.

Border trade has boosted the income of 4 million border residents and contributed to the prosperity of border residents.

  The fourth is to promote the recovery of global economy and trade.

China has carried out in-depth international cooperation in the fight against the epidemic, and has exported more than 360 billion masks, helping countries respond to the epidemic, resume production, and promote the smoothness and stability of the global industrial chain supply chain.

In the first half of this year, the contribution rate of China's super-large market to global import growth reached 14.8%.