"Fourteenth Five-Year Plan" China's foreign trade focuses on high quality and continues to expand the circle of free trade friends

"Fourteenth Five-Year Plan", foreign trade development focuses on high quality (Sharp Finance)

　　A few days ago, the Ministry of Commerce issued the "Fourteenth Five-Year" Foreign Trade High-Quality Development Plan, which summarized the remarkable achievements in foreign trade during the "13th Five-Year Plan" period, and clarified the guiding ideology, main goals, The focus of work is given and detailed "construction drawings" are given.

The relevant person in charge of the Ministry of Commerce stated that the "14th Five-Year Plan" period is a critical period for the promotion of high-quality development of foreign trade.

Relevant departments will do a good job in the division of tasks, formulate supporting measures to ensure that all tasks are implemented, and effectively promote the high-quality development of foreign trade during the "14th Five-Year Plan" period.

The world's largest trade volume

　　In 2020, China's total trade in goods and services has jumped to the first place in the world.

The total trade in goods has increased from US$3.95 trillion in 2015 to US$4.65 trillion in 2020.

This year is the beginning of the "14th Five-Year Plan" period, and foreign trade work has once again achieved hard-won results.

　　"From January to October, the total import and export volume was US$4.89 trillion, a year-on-year increase of 31.9%. The scale has surpassed that of last year and hit a record high. In the first half of this year, my country’s export and import international market share reached 14.6% and 12%, respectively. A new high over the same period. my country’s trading partners are in more than 230 countries and regions around the world, and my country’s daily import and export trade volume exceeds 15 billion US dollars, or 100 billion yuan." Minister Ren Hongbin said.

　　Since the beginning of this year, the contribution of foreign trade to the Chinese economy and the world economy has become increasingly prominent, 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.

The third is to improve people's livelihood.

Actively expand imports, ensure the supply of important agricultural products and energy resources, 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 increased the income of 4 million border residents, contributing to the prosperity of the border and the stability of the border.

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

So far, China has exported more than 360 billion masks to the world, helping countries respond to the epidemic, resume production, and promote the smooth and stable supply chain of the global industrial chain.

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

Clarify ten key tasks

　　The plan clarifies the key tasks for the next few years from ten aspects such as optimizing the structure of goods trade, innovating and developing service trade, improving the level of trade digitization, and promoting the integration of domestic and foreign trade.

　　For example, in terms of optimizing the layout of the international market, the plan proposes to strengthen market segment research, continue to deepen trade cooperation with developed economies, and actively expand trade with emerging markets such as Asia, Latin America, and Africa; in terms of promoting the sustainable and healthy development of cross-border e-commerce, The plan clearly supports cross-border e-commerce companies to build a flexible supply chain with agglomeration of elements and rapid response, and at the same time establish a marketing system integrating online and offline, domestic and overseas linkages; in terms of green trade development, the plan requires that the China International Import Expo and China's The leading role of green and low-carbon exhibitions in important exhibitions such as export commodity fairs...

　　"The plan accurately focuses on the current weak links in my country’s foreign trade and the main factors restricting high-quality development, such as the shortcomings of the supply chain industry chain, the ability to resist risks needs to be improved, the trade support system is not complete, and the trade development environment still needs to be optimized. Targeted measures have been proposed, and the realization path to solve the problem has been proposed.” Ren Hongbin said.

Continuously expand the "friend circle" of free trade

　　The high-quality development of foreign trade is inseparable from closer international cooperation.

　　Li Xingqian, Director of the Foreign Trade Department of the Ministry of Commerce, said that from January to October this year, China’s imports reached 2.19 trillion US dollars, an increase of 31.4%, and the scale hit a record high.

China has become the world's second largest import market for 12 consecutive years.

In 2020, China's imports accounted for 11.5% of the world's imports, and the share of imports in the international market in the first half of this year has further increased to 12%.

Li Xinggan said that during the "14th Five-Year Plan" period, China will pay more attention to the role of imports, expand the exchange of interests with trading partners, and share China's development opportunities with the world.

Among them, the focus will be on further expanding market opening, cultivating import trade and promoting innovation demonstration zones, giving full play to the role of import trade platform, and promoting import trade facilitation with high standards.

　　When talking about the trade and investment situation between China and ASEAN, Shu Jueting, spokesperson of the Ministry of Commerce, said that over the past 30 years, the two sides have continuously deepened economic and trade cooperation and deepened economic integration, releasing vigorous vitality.

"The scale of China-ASEAN trade continues to expand, from less than 8 billion U.S. dollars in 1991 to 684.6 billion U.S. dollars in 2020, an increase of more than 80 times. Since 2009, China has maintained ASEAN’s largest trading partner for 12 consecutive years; 2020 , ASEAN has become China’s largest trading partner for the first time. In the first 10 months of this year, China-ASEAN trade volume has reached 703.3 billion U.S. dollars, an increase of 30% year-on-year. Each is an important source of foreign investment. Up to now, the total two-way investment between China and ASEAN is about 300 billion US dollars." Shu Jueting said.

　　Ren Hongbin said that during the "14th Five-Year Plan" period, China will actively promote its accession to the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP) and the Digital Economic Partnership Agreement (DEPA) to promote China, Japan, South Korea, and cooperation with the GCC and GCC. Israel, Norway and other free trade negotiations process.

Ren Hongbin said that China is willing to sign free trade agreements with more trading partners, continue to expand the free trade "friend circle", jointly promote trade and investment liberalization and facilitation, and inject lasting impetus into global economic recovery and growth.

　　Wang Junling