Chinanews.com, July 22nd. Guo Tingting, Director of the Comprehensive Department of the Ministry of Commerce, said today that, in general, business operations in the first half of this year have stabilized quickly and improved, and high-quality business development has achieved new results, which will continue to contribute to the national economy. Make new contributions to healthy development.

Among them, in the first half of the year, more than 23,000 foreign-funded enterprises were newly established nationwide, an increase of 47.9%, and a total of more than 1.06 million were established.

Data map: container terminal.

Photo by China News Agency reporter Wang Dongming

　　The State Council Information Office held a press conference today to introduce the business work and operations in the first half of 2021.

　　Guo Tingting pointed out that since the beginning of this year, the Ministry of Commerce has been based on the new development stage, implemented new development concepts, served to build a new development pattern, and in accordance with the new positioning of the "three important" of business work, the "three importants" are: business work is a domestic cycle. An important component is an important hub linking the domestic and international dual cycles, and plays an important role in building a new development pattern.

　　Guo Tingting pointed out that in accordance with this new positioning, the Ministry of Commerce will make every effort to promote the smooth domestic circulation and the domestic and international dual circulation.

In general, in the first half of the year, business operations stabilized rapidly and improved, and high-quality business development achieved new results, making new contributions to the sustained and healthy development of the national economy.

　　First, domestic consumption continued to pick up.

In the first half of the year, the total retail sales of consumer goods was 21.2 trillion yuan, an increase of 23% year-on-year, and an average growth rate of 4.4% in two years. The contribution rate of final consumption expenditure to economic growth reached 61.7%, and the “stabilizer” played a prominent role.

Commodity consumption has rebounded significantly.

Commodity retail sales increased by 20.6%, of which, automobiles, cosmetics, gold and silver jewelry increased by 30.4%, 26.6%, and 59.9% respectively.

The recovery of service consumption has accelerated.

The proportion of household consumption expenditure increased by 3.2 percentage points to 52.5%.

Food and beverage income has basically returned to the level before the epidemic.

New types of consumption are booming.

Online retail sales were 6.1 trillion yuan, an increase of 23.2%.

5G mobile phone shipments increased by 100.9%.

Hainan’s outlying islands’ duty-free sales increased by 2.7 times.

Guaranteeing supply and stable prices are powerful and effective.

The Ministry of Commerce strengthened market monitoring and early warning, and carried out meat reserve adjustments.

The supply of daily necessities was sufficient and prices were generally stable. The CPI rose slightly by 0.5% in the first half of the year.

　　The second is the rapid growth of foreign trade.

In the first half of the year, the import and export of goods was 18.1 trillion yuan. Imports and exports, exports, and imports increased by 27.1%, 28.1%, and 25.9% respectively year-on-year, and the two-year average growth rate was 10.8%, 11.3%, and 10.3%.

The vitality of market entities has increased significantly.

There were 479,000 enterprises with actual import and export performance, an increase of 8.1%.

The import and export of private enterprises increased by 35.1%, which was 8 percentage points higher than the overall growth rate of foreign trade.

Accelerate the cultivation of new business forms and new models.

Cross-border e-commerce imports and exports increased by 28.6%, market procurement exports increased by 49.1%, and overseas warehouses exceeded 1,900.

Rapid growth for major trading partners.

Imports and exports to ASEAN, EU, and the United States increased by 27.8%, 26.7%, and 34.6% respectively.

Imports and exports to countries along the “Belt and Road” increased by 27.5%.

The product structure is more optimized.

The export of mechanical and electrical products increased by 29.5%, and the proportion increased to 59.2%. Among them, the export of automobiles, machine tools, and home appliances increased by 101.4%, 39.6%, and 35.8% respectively.

Innovative development of service trade.

From January to May, the import and export of services was 1.9 trillion yuan, an increase of 3.7%.

The proportion of imports and exports of knowledge-intensive services increased to 46.4%.

　　The third is a substantial increase in the use of foreign capital.

In the first half of the year, the actual use of foreign capital was 607.84 billion yuan, a year-on-year increase of 28.7%, and an average increase of 12.7% over the two years.

The number of enterprises is increasing rapidly.

There were more than 23,000 newly established foreign-funded enterprises nationwide, an increase of 47.9%, and the cumulative number of establishments exceeded 1.06 million.

The investment structure is more optimized.

The actual use of foreign investment in the manufacturing industry increased by 9.9%, the highest growth rate in the same period in the past 10 years; the actual use of foreign investment in the service industry increased by 33.4%.

The main sources of investment have grown steadily.

The actual investment in the countries along the “Belt and Road”, ASEAN, and EU increased by 49.6%, 50.7% and 10.3% respectively.

The actual investment in Hong Kong, Singapore, South Korea, and Germany increased by 35.5%, 53.6%, 29.9%, and 32.4% respectively.

The driving effect of the demonstration of open highlands is obvious.

The 21 pilot free trade zones actually used 100.88 billion yuan of foreign capital, attracting nearly 17% of the country's foreign capital with less than four thousandths of the country's land area.

The newly established foreign-funded enterprises and actual use of foreign capital in the Hainan Free Trade Port increased by 3.9 times and 5.7 times respectively.

　　Fourth, foreign investment and cooperation are stable and orderly.

In the first half of the year, non-financial direct investment was 348.83 billion yuan, a year-on-year decrease of 3.7% (equivalent to US$53.9 billion, an increase of 4.7%).

The “Belt and Road” investment cooperation has continued to deepen.

Investment in countries along the “Belt and Road” increased by 8.6%, and its share increased by 2 percentage points to 17.8%.

The investment structure continued to be optimized.

Investment in the information technology industry, scientific research service industry, and transportation industry increased by 26.8%, 74.2%, and 98.7% respectively.

The level of cooperation has steadily improved.

The turnover of foreign contracted projects was 439.76 billion yuan, an increase of 3.2%.

The number of newly signed projects with a value of more than US$50 million was 404, an increase of 6%.

The win-win cooperation is fully demonstrated.

As of the first half of the year, overseas economic and trade cooperation zones have invested a total of 47 billion U.S. dollars, paid about 6 billion U.S. dollars in taxes and fees to the host country, and created 380,000 local jobs.

　　Guo Tingting said that in the next step, the Ministry of Commerce will, in accordance with the decisions and deployment of the Party Central Committee and the State Council, comprehensively promote consumption, improve the modern circulation system, promote high-level opening up, resolutely stabilize the basic market for foreign trade and foreign investment, actively participate in global economic governance, and accelerate market connectivity , Industries are integrated, innovation is promoted, and rules are linked to better serve the construction of a new development pattern.