The effective implementation of RCEP helps stabilize foreign trade
China and Japan reached a free trade arrangement for the first time
Beijing, December 30 (Reporter Feng Qiyu) At the regular policy briefing held by the State Council Information Office on the 30th, Vice Minister of Commerce Ren Hongbin stated that it is expected that the annual import and export of goods is expected to reach 6 trillion US dollars, an increase of over 20 %, the status of the largest trading country has been consolidated.
From January to November, my country's total import and export volume reached US$5.48 trillion, an increase of 31.3% year-on-year; in the first three quarters, the international market share of exports and imports reached 15% and 12.1%, setting a new record high.
The trade between emerging markets and my country has become closer, accounting for 49.5% of my country’s exports in the first 11 months.
The leading role of private enterprises is more prominent, accounting for 58% of exports, driving the overall export growth rate by 20%.
The export growth of the central and western regions increased by 34.9%, which was higher than the overall export growth rate.
In the first three quarters, the increase in exports of goods accounted for 27.8% of the increase in GDP, a record high over the same period in 10 years.
The number of newly registered foreign trade operators reached 184,000, which has a prominent role in stabilizing employment.
In the first three quarters, China contributed 14.1% to the growth of global imports, exported anti-epidemic materials and vaccines in an orderly manner, supported global anti-epidemic cooperation, and demonstrated its responsibility as a major country.
Ren Hongbin said that the situation facing next year is still complex and severe, with increasing uncertainties and unstable factors, and both ends of the supply and demand will have to bear huge pressure.
In the next step, the Ministry of Commerce will pay close attention to the implementation of cross-cyclical adjustment and stabilization of foreign trade policies, and strive to achieve the "stable opening" of foreign trade in 2022, and help stabilize the macroeconomic market.
Do a good job in the expansion of a new batch of cross-border e-commerce comprehensive pilot areas, continuously improve overseas smart logistics platforms, build offshore trade center cities or regions, strive to improve the level of trade digitization, and create a number of global trade digitization pilot areas.
In addition, taking the effective implementation of RCEP as an opportunity to promote the high-quality development of foreign trade.
Yu Benlin, Director of the Department of International Economic and Trade Relations of the Ministry of Commerce, said that RCEP is a powerful tool for stabilizing foreign trade and foreign investment. The entry into force of the agreement has brought multiple positive effects, which will further stabilize my country's basic foreign trade and foreign investment, promote the upgrading of industries, and stimulate market vitality. .
my country's trade with RCEP member countries accounts for about one-third of China's total trade.
China and Japan have reached a free trade arrangement for the first time. The two sides have significantly reduced tariffs in various fields such as machinery and equipment, electronic information, chemicals, light industry and textiles. In particular, next year, my country’s exports of 57% of tariff lines to Japan will immediately achieve zero tariffs. , The promotion effect on trade is obvious.
The rules of accumulation of origin greatly reduce the threshold for commodity enjoyment.
This will encourage manufacturers to use more of the original materials in the region, facilitate member states to enjoy the agreement's zero-tariff treatment, and help the region to form a tighter and more resilient industrial chain supply chain.