In Hunan, new export orders for smart watches, bracelets, car touch screens have increased dramatically since this year, and good products have been welcomed by the market. In Shandong, in the first eight months of this year, the import and export of bonded logistics has risen by nearly 50%, and the new industry has developed vigorously. The current global trade situation is not optimistic, but many enterprises have made good achievements in foreign trade by adopting diversified strategies, expanding diversified markets or enhancing core competitiveness. Looking at the whole country, in the first eight months of this year, the total import and export volume exceeded 20 trillion yuan, and the quality was further improved. China's foreign trade showed good resilience.
Foreign trade exceeded 2.5 trillion yuan in May
On the evening of September 1, the East Turkmenistan Container Terminal of Tianjin Port was ablaze with lights. On the Zhengli Seal container ship, container containers filled with fruits from Vietnam and Cambodia were orderly unloaded. The person in charge of the company receiving the goods said that from seven or eight orders a month 10 years ago to hundreds of orders a month today, the company's leap-forward development witnessed the growth of the consumer market in Beijing, Tianjin and Hebei, and also witnessed the new opportunities brought by the facilitation of customs clearance for the development of cross-border trade.
Achievements in the development of foreign trade in recent years are evident throughout the country. In the first August of this year, under the complicated international situation, China's foreign trade continued to maintain a stable scale.
Data show that from January to August, China's total import and export volume was 20.13 trillion yuan, an increase of 3.6%. Among them, exports of 10.95 trillion yuan, an increase of 6.1%, and imports of 9.18 trillion yuan, an increase of 0.8%. Li Kuiwen, Director of Statistics and Analysis Department of the General Administration of Customs, said that China's imports and exports of foreign trade in one month exceeded 2.5 trillion yuan for five consecutive months, showing strong resilience.
From the international comparison, according to the latest data from the World Trade Organization (WTO), China's export growth in the first half of the year was higher than the overall level of major economies. Influenced by such factors as the warming of trade protectionism, the slow growth of global economy and the increase of geopolitical risks, the export volume of many economies has shrunk significantly in recent years.
Bai Ming, deputy director of the International Market Research Institute of the Academy of Commerce of the Ministry of Commerce, told our reporter that the current performance of foreign trade generally meets the requirements of stable foreign trade. In view of the rise and fall of China's foreign trade in the past month, Bai Ming pointed out that in the past, there were many external dividends in the process of developing China's foreign trade from small to large. At the same time, domestic labor costs were low and there were many favorable factors. However, nowadays, in the process of developing China's foreign trade from large to strong, there are many difficulties, including the upgrading of factor costs and the coming from the East. Under the pressure of competition and trade frictions in South Asia, especially in the current international environment, monthly fluctuations in imports and exports are normal.
There are many highlights in improving foreign trade quality
In the first August, not only the total import and export volume continued to grow, but also the quality of foreign trade was further improved.
International market layout optimization. China's imports and exports to emerging markets grew by 6%, boosting imports and exports by 3.5 percentage points. Among them, the import and export growth of the countries along the "one belt and one road" increased by 9.9%, representing a 4 percentage point increase to 29% in 2013.
Structural optimization of business entities. Private enterprises'main body vigor has been constantly improving, with export growth of 13.7%, accounting for 51.2%, and export growth of 6.5 percentage points. From January to August, 124,000 new private enterprises were registered, an increase of 12.4%.
Commodity structure optimization. Exports of mechanical and electrical products accounted for 57.9%. Among them, the added value of integrated circuits, computers and components, motors and generators has been further increased, and the unit price of exports has increased by 36.9%, 4.1% and 4.5%, respectively. Exports of seven categories of labor-intensive products grew by 7.3%, of which toys and plastic products grew by 33.7% and 18.2%, respectively.
Trade mode optimization. General trade has maintained a strong resilience, with export growth of 9.4%, an increase of 1.8% to 58.8% over the same period last year, and a contribution of 87.9% to export growth.
These changes not only reflect the improvement of foreign trade quality, but also promote foreign trade to enhance core competitiveness and better achieve the goal of stable foreign trade. Bai Ming pointed out that general trade tends to have longer industrial chains, higher technological content, and more representative of the ability to develop independently. The increase in the proportion of general trade reflects the strength of China's foreign trade. Lu Zhengwei, chief economist of Societe Generale Bank, believes that the cushioning effect of China's export diversification on trade frictions is emerging, which helps to better deal with external risks.
Promoting Policy Vitality
How will the foreign trade situation develop this year?
Uncertainty is still one of the key words mentioned by all parties. Some executives of import and export enterprises said that on the one hand, the global economic situation was not good; on the other hand, competition within the industry intensified, and the export situation remained under pressure in the second half of the year.
In Bai Ming's opinion, there are indeed many uncertainties in the trend of foreign trade this year. Stabilizing foreign trade will remain the main line. On the one hand, enterprises can not relax in enhancing competitiveness, especially in upgrading industrial technology and enhancing product strength; on the other hand, foreign trade policy should play a further role, including giving full play to policy functions such as taxation, consolidating the foundation of foreign trade industry, etc. From speeding up the construction of free trade pilot zones to running the second China International Import Expo, a series of support policies will play a role.
Indeed, so far this year, the foreign trade sector has continued to promote institutional innovation, management innovation and service innovation. The business environment for the development of new business models has further improved. Cross-border e-commerce and market procurement trade have continued to grow rapidly.
The head of the Foreign Trade Department of the Ministry of Commerce said that the first 10 provinces and municipalities carrying out the second-hand car export business have achieved export. The landing of bonded maintenance projects in processing trade has also been accelerated, and the export of high-quality, high-tech and high value-added products has increased steadily. At present, all departments and localities are paying close attention to the promulgation of the State Council.