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The steady start of foreign trade shows the resilience of development

Update time:2023/3/22 Number of page views: 489

 "Foreign trade got off to a stable start, showing strong resilience in development。This is the result of the stabilization and recovery of the domestic economy, smoother cross-border exchanges, and faster release of new growth drivers in foreign trade. It is also the result of multiple rounds of policy effects continuing to emerge and business entities rising to the challenge。At the regular press conference of the Ministry of Commerce held on March 16, spokesperson Shu Jueting said。

China's total import and export of goods in the first two months of this year 6.18 trillion yuan, basically the same as the same period last year。Shu Jueting said that this is mainly reflected in the following two aspects: On the one hand, the scale remains stable。In the first two months of this year, China's foreign trade overcame the challenge of weakening external demand, and the total import and export of goods remained above 6 trillion yuan, the second highest value in the history of the same period。Against the backdrop of a general decline in exports from neighboring countries, the decline in China's exports in US dollar terms was controlled at a single-digit rate, while exports in RMB terms achieved positive growth。

On the other hand, the structure is continuously optimized。Private enterprises were more active, and imports and exports increased 5.3%, accounting for 51.2 percent, up 3 percentage points from a year earlier。Trade with emerging markets has become closer, and imports and exports to ASEAN and countries along the "Belt and Road" have increased by 9.6%,10.Some high-tech and high value-added products grew well, and automobile exports increased by 78 percent.9%。 Shu Jueting further said that this year's "Government Work Report" pointed out that the current development faces many difficulties and challenges, the external environment is more uncertain, global inflation is still at a high level, the growth momentum of the world economy and trade is weakening, and external pressure and containment are rising。These difficulties and challenges are especially prominent in the field of foreign trade, which has become an important factor affecting the trend of foreign trade this year。Local governments and enterprises generally reflect that weakening external demand and falling orders are the biggest challenges facing the current development of foreign trade, and trade risks such as poor payment in some countries have also increased。

Shu Jueting said: "On the basis of extensive and in-depth research, the Ministry of Commerce is working with relevant departments to study stable foreign trade policies for local and enterprise needs, and promote stable scale and optimal structure of foreign trade.。Under the unified arrangement of the CPC Central Committee and The State Council, and with the joint efforts of all localities, departments and foreign trade enterprises, we are confident to maintain the momentum of steady development of foreign trade and make new contributions to consolidating the steady recovery of economic operation。”

(Source: International Business Daily)