Taking multiple measures to promote high-quality development of foreign trade

2023-05-18

Recently, the General Administration of Customs released data for April this year, indicating that China's foreign trade continued to maintain a rapid growth rate after outperforming expectations in the first quarter. In April, China's total import and export value was 3.43 trillion yuan, a year-on-year increase of 8.9%. Among them, exports reached 2.02 trillion yuan, an increase of 16.8%, and the trade surplus reached 618.44 billion yuan, an increase of 96.5%. The momentum of stable and positive foreign trade has further continued, demonstrating the strong resilience of China's foreign trade imports and exports, laying a solid foundation for achieving stable and high-quality foreign trade throughout the year. It should be noted that the current global economic recovery still lacks momentum, and the situation of weak external demand is difficult to reverse in the short term. The World Bank expects the global economic growth rate to decrease from 3.1% in 2022 to 2% in 2023; The economic growth rate of developing countries outside of China will slow down from 4.1% in 2022 to around 3.1% in 2023. Adding to other long-term unfavorable factors, the outlook for foreign trade remains under pressure. In this context, only by taking multiple measures and accelerating the cultivation of new drivers of high-quality foreign trade development can we offset the negative impact of unfavorable factors, continue the good momentum of stable and upward foreign trade, and continue to play the supporting role of imports and exports in the economy. Continuously expanding the space for external cooperation. After encountering a backlash against economic globalization, bilateral and regional cooperation has become even more important. Promoting bilateral and regional cooperation, strengthening international production capacity cooperation, exploring emerging markets such as ASEAN and developing countries, and further stimulating the potential of regional trade cooperation are currently the most direct and effective means to maintain stable import and export growth. The data shows that in the first four months, China's exports to countries along the "the Belt and Road" and ASEAN countries increased by 26% and 24.1% respectively year on year. At the same time, China's exports to RCEP countries also grew faster than the overall growth rate. These national markets are becoming the main driving force for China's foreign trade growth. In the future, emerging markets and developing countries will continue to rise and occupy a larger share of global economic growth. Based on this, we should continue to deepen bilateral and regional cooperation, sign free trade agreements with more countries, continuously promote the diversification of the foreign trade market, and establish a broader, closer, more friendly, and safer partnership network. Efforts will be made to stabilize the markets of developed countries. Developed countries such as Europe and the United States remain important trading partners of China, with the European Union and the United States being China's second and third largest trading partners, respectively. In response to the current practice of developed countries attempting to continuously increase trade barriers by formulating high standard economic and trade rules, it is necessary to steadily promote high-level institutional openness on the basis of further expanding factor flow oriented openness, actively connect with international high standard economic and trade rules, attach importance to participating in the negotiation agenda and formulation process of international economic and trade rules, in order to shape new advantages in international competition and cooperation, and stabilize economic and trade exchanges with developed countries, Maintain a diverse and stable international economic landscape and economic and trade relations. Persist in actively expanding imports. Imports have spillover effects, competitive effects, and productivity effects, which help promote industrial upgrading, improve the quality of domestic supply systems, and meet the needs of consumption upgrading. In addition, actively expanding imports and deepening interest integration can strengthen interdependence with trading partners and better maintain stable import and export growth. To this end, it is necessary to firmly implement

Edit:qihang    Responsible editor:xinglan

Source:GMW.cn

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