Develop new technologies and cultivate new brands to make the new momentum of foreign trade stronger

Develop new technologies, cultivate new brands, explore new models, and make good use of new platforms——

Let the new momentum of foreign trade become stronger (Rui Finance)

　　Our reporter Wang Junling

　　In the first two months of this year, the country's import and export of goods reached 6.61 trillion yuan, and foreign trade achieved a solid start. On March 26, at a press conference held by the State Council Information Office, relevant officials from the Ministry of Commerce and the General Administration of Customs stated that the booming new business formats and models will continue to provide new momentum for the development of China’s foreign trade. In the future, relevant departments will implement comprehensive policies to support enterprises in exploring diversified markets and promote the healthy development of new business formats such as cross-border e-commerce. At the same time, they will actively expand the import of high-quality products, successfully host key exhibitions such as the China International Import Expo and the Canton Fair, and promote the high-quality development of foreign trade.

Foreign trade continues growth trend

　　In the first two months of this year, China's import and export of goods trade continued the growth trend since October last year.

　　How do you view the good start in foreign trade? At the press conference, Wang Lingjun, deputy director of the General Administration of Customs, summarized it with "one, two, three, four".

　　"One" means that the scale of import and export ranks first in the same period in history. Imports and exports in the first two months of this year were 6.61 trillion yuan, which is basically equivalent to China’s total foreign trade value for the entire year 20 years ago. In the current sluggish international market, such achievements are commendable and inspiring.

　　"Two" means "double growth" of exports and imports. Exports increased by 10.3% and imports increased by 6.7%. This "double growth" not only reflects the continued recovery of China's economic development, but also provides broad market space and cooperation opportunities for enterprises from various countries.

　　"Three" means "three optimizations". The market structure is optimized, the development of emerging markets is accelerated, and traditional markets maintain good performance. The regional opening-up layout was optimized, and the eastern coastal areas continued to play the role of "stabilizer". The import and export of the nine border provinces and regions to bordering countries increased by 25.4%. The product structure has been optimized, traditional superior products have gained new vitality, and new quality productivity has given rise to new momentum, effectively consolidating the fundamentals of foreign trade.

　　"Four" means "four improvements". The micro-level vitality has increased, and the number of foreign trade business entities with import and export performance has increased by more than 40,000 year-on-year; the level of institutional openness has improved, and both the import and export of the free trade pilot zone and Hainan Free Trade Port have achieved double-digit growth; cross-border flows are active The degree of improvement has increased. In the first two months, the average daily number of inbound and outbound transportation vehicles under customs supervision has increased steadily compared with the end of last year, of which the number of inbound and outbound aircraft under supervision has increased by nearly 10%; business confidence has improved. China Customs’ trade boom survey shows that foreign trade companies Confidence continues to grow.

The supporting role of new kinetic energy is enhanced

　　Researching and developing new technologies, cultivating new brands, exploring new models, and making good use of new platforms have made the new momentum of foreign trade stronger and effectively supported the good start of foreign trade. Wang Lingjun said that judging from the data of the first two months, the main factors driving the "good start" of foreign trade are reflected in the following four aspects:

　　New industries accumulate new advantages. In the first two months, exports of high-end machine tools, shipbuilding and marine engineering equipment, and aerospace equipment increased by 34.5%, 61.3%, and 17.7% respectively. In the first two months, the export growth rate of intermediate products such as flat panel display modules and parts for audio and video equipment exceeded 20%. This has strongly supported relevant countries in creating jobs and developing production, and has also effectively maintained the stability of global industrial and supply chains.

　　New brands breed new vitality. "Domestic trendy brands" are widely popular overseas. More and more Chinese brands are going abroad and going global with their culture and warmth. In the first two months, the export of my country's own brand products increased by 14.3%; among them, the export of mobile phones, furniture, and cosmetics increased by 55.7%, 60.7%, and 37.3% respectively.

　　New models expand new space. In the first two months, cross-border e-commerce imports and exports increased by nearly 10%, and market procurement exports increased by 15.9%. Driven by the new model, high-quality products at home and abroad can achieve two-way access more conveniently and efficiently, meeting the diverse needs of consumers at home and abroad.

　　New platforms activate new vitality. In the first two months, the import and export of the 22 free trade pilot zones increased by 11.7%. Among them, the import and export growth rate of Guangdong, Jiangsu, Sichuan, Hebei and other pilot free trade zones has exceeded 30%; the construction of Hainan Free Trade Port continues to advance, with import and export growth exceeding 20% ​​in the first two months.

　　"We have various new business forms and models that are booming, which continue to provide new momentum for the development of foreign trade." said Vice Minister of Commerce Guo Tingting.

Improving quality and stabilizing quantity requires more efforts

　　China's foreign trade has a sound foundation, strong resilience and full vitality. At the same time, we must also note that the external situation facing foreign trade is still very severe.

　　"Many international organizations predict that global economic growth will be lower than the historical average in 2024. The World Bank predicts that global trade growth will be only half of the average growth rate in the 10 years before the epidemic." Guo Tingting said that in 2024, the quality of foreign trade will be promoted. Stable quantities require more effort. Currently, the Ministry of Commerce is working hard to study a new round of policy measures to stabilize foreign trade, striving to introduce and implement them as soon as possible and achieve results as soon as possible, and make every effort to consolidate the fundamentals of foreign trade and foreign investment.

　　According to reports, this year, we will make every effort to achieve the mission goal of "improving quality and stabilizing quantity" of foreign trade. The key direction of the Ministry of Commerce's work is to cultivate new momentum, expand new growth points, promote innovation and upgrading of foreign trade industries and supply chains, and also deepen cooperation with trading partners. , adding impetus to international trade and global economic growth. Specifically, the first is to deepen international cooperation in foreign trade supply chains, the second is to promote the digital and green development of trade, and the third is to promote the development of new foreign trade formats.

　　“We will expand cross-border e-commerce exports, continue to improve supporting policies, solidly promote the construction of cross-border e-commerce comprehensive pilot zones, organize special actions such as brand cultivation, organize special training, strengthen capacity building, and support foreign trade enterprises through cross-border e-commerce. Businesses will expand sales channels and cultivate independent brands." Guo Tingting said.

　　Wang Lingjun said that in the next stage, with the continued efforts to stabilize foreign trade policies and the steady advancement of reform measures, China's new foreign trade momentum will be stronger and the pace of high-quality development of foreign trade will be more solid. (People's Daily Overseas Edition)