The Ministry of Commerce responded to "the agency predicts that foreign trade will be difficult in 2022": it is confident to open the door steadily

　　Zhongxin Finance, January 25th. In response to the forecast by external agencies that China's foreign trade will not maintain rapid growth in 2022, at a press conference held by the State Council Information Office on the 25th, Li Xingqian, director of the Foreign Trade Department of the Ministry of Commerce, said that this is also a common phenomenon in all sectors of society. Concerns.

In general, on top of last year's base of US$6.05 trillion and a high-speed growth of 30%, this year's foreign trade situation is very severe, and the difficulty and pressure of stabilizing growth are unprecedented.

　　Li Xingqian said that from the perspective of demand, the growth of global external demand faces two major uncertainties.

First, the epidemic has repeatedly delayed the global economic recovery process.

Global economic growth is expected to slow from 5.5% in 2021 to 4% this year.

The WTO expects the growth rate of global trade in goods to slow to 4.7% from 10.8% in 2021.

　　Second, the uneven recovery has led to rising global systemic risks.

Affected by the "vaccine gap" and policy gap, the recovery gap between low-income countries and developed economies has continued to widen, with currency depreciation and high inflation.

The rapid withdrawal of stimulus policies in some countries may lead to shrinking demand and price fluctuations, which in turn affects the exports of our related industries.

　　"From the perspective of supply, the global industrial chain and supply chain are faced with two unstable factors. One is the accelerated reconstruction of the international supply chain, and developed economies are unilaterally pursuing industrial return, which is dividing the market and reducing the efficiency of global resource allocation. The second is the global supply chain. The chain disorder and bottleneck effect cannot be completely alleviated in the short term. Problems such as high raw material prices, structural imbalance in transportation capacity, and shortage of important components such as chips have continued to exist. Our foreign trade enterprises, especially small and medium-sized foreign trade enterprises, have obvious comprehensive costs. Up, operating risks and stress are elevated.”

　　Li Xingqian said, therefore, the problems that these companies have shown are that they "don't dare to take orders" and "increase revenue without increasing profits."

However

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Starting from the current situation, 2022 is determined as the "Year of Foreign Trade Consolidation and Improvement", focusing on improving the comprehensive competitiveness of China's foreign trade.

Four actions will be implemented:

　　First, cross-cycle adjustment and stabilization of foreign trade actions.

Fully release the policy effect, further enhance the role of export credit insurance, earnestly do a good job of credit issuance in the field of foreign trade, and enhance the ability of enterprises to deal with exchange rate risks.

Further improve the level of trade facilitation, and effectively relieve the difficulties of enterprises.

　　Second, market diversification actions.

Give full play to the role of the unimpeded trade working group, make good use of the free trade agreements that have been negotiated and signed, and successfully hold major exhibitions such as the Canton Fair, the China International Import Expo, and the Service Trade Fair, and guide enterprises to consolidate traditional markets and develop emerging markets.

　　Third, unblocking the foreign trade supply chain.

Cultivate various platforms and carriers such as national processing trade industrial parks, import trade promotion innovation demonstration zones, and foreign trade transformation and upgrading bases, and continue to promote smooth logistics and settlement.

　　Fourth, foreign trade innovation and quality improvement actions.

Give full play to the leading role of cross-border e-commerce, overseas warehouses and other new formats and models, build a digital pilot area for global trade, and promote the healthy development of green trade.

(Finish)