Ministry of Commerce: the controllable impact of China's foreign trade order outflow scale is limited

2022-06-09

Lixingqian, director of the foreign trade department of the Ministry of Commerce, said on the 8th that since the beginning of this year, with the gradual recovery of the production side in surrounding countries, some foreign trade orders that returned to China last year have flowed out again. Overall, the scale of these order outflows is controllable and the impact is limited. This is what lixingqian said at the regular policy briefing held by the State Council on the same day in response to a reporter's question about the outflow of orders and relocation of industries in some domestic industries. He said that the relocation of some industries conforms to the economic law. China has been the largest country in the world's trade in goods for 13 consecutive years. With the continuous upgrading of domestic industries, the factor structure is changing. Some enterprises take the initiative to make global layout and transfer part of their manufacturing links abroad, which is a normal phenomenon of trade and investment division of labor and cooperation. Lixingqian stressed that China's position in the global industrial chain supply chain pattern is still consolidated. China has a complete industrial system, with obvious advantages in infrastructure, industrial supporting capacity and professional talents. The business environment is also continuously optimized, and the attraction of the super large-scale market is continuously enhanced. In the first four months of this year, the actual use of foreign capital nationwide increased by 20.5% year-on-year and 26.1% year-on-year in US dollars. Talking about how to fully help foreign trade enterprises maintain orders, expand markets and stabilize industries, lixingqian said that he would promote the implementation of policies and measures to take effect, fully help foreign trade enterprises return to work and reach production capacity, comprehensively recover and continuously enhance the comprehensive competitiveness of Chinese foreign trade enterprises; Strengthen enterprise service guarantee, and make every effort to help solve the difficulties and problems encountered by foreign trade enterprises in trade facilitation, logistics and transportation, and obtaining orders; We will guide the optimization of production capacity, the gradual transfer of industries to the central and western regions and the northeast, and the orderly global distribution of qualified enterprises. Lixingqian stressed that we should firmly promote high-level opening-up, implement the regional comprehensive economic partnership agreement (RCEP) with high quality, continue to promote the strategy of upgrading the free trade zone, continue to promote the accession to the comprehensive and progressive trans Pacific Partnership Agreement (cptpp) and the digital economy partnership agreement (depa), and improve the standard international trade rules, so that China will always become a hot land for foreign investment. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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