To promote high-quality development of foreign trade, we must not only stabilize the stock, but also actively expand the increment. After years of development, although China's foreign trade has passed through countless mountains, it still needs to anchor high-quality development goals and cultivate new competitive advantages in benchmarking against world-class standards. Against the backdrop of sluggish global demand and increasing downward pressure on foreign trade, as the world's largest country in goods trade, China's every move has attracted global attention. One week later, the 133rd Canton Fair will be held offline as scheduled, marking the first comprehensive resumption of offline exhibitions after the implementation of the "Class B and Class B Management" policy for epidemic prevention and control. This is of great significance for accelerating China's economic recovery and growth, and promoting global economic recovery. According to statistics, as of April 3rd, buyers from 203 countries and regions have pre registered to participate in offline exhibitions, and the number of pre registered attendees is also rapidly increasing every day. At that time, the grand gathering of thousands of merchants will reappear at this year's Canton Fair, revitalizing this 66 year old exhibition and fully showcasing the charm of Made in China, Chinese products, and Chinese brands. Over the past year, under the strong leadership of the Central Committee of the Communist Party of China, various departments and regions have closely cooperated and calmly responded to the impact of various unexpected factors. We have resolutely implemented a package of policies and measures to stabilize foreign trade, and supported foreign trade enterprises in ensuring production, fulfilling contracts, and seizing orders. The total import and export volume for the year exceeded 4.2 trillion yuan, reaching a historic high. Since this year, the overall recovery of the world economy has been sluggish, the foreign trade situation has become more severe and complex, and the risks and challenges faced by foreign trade enterprises have increased. Continuing to make good use of the open platform and various trade rules is crucial to stabilizing the basic situation of foreign trade. It should also be noted that China's foreign trade has grown from the market's ups and downs, with inherent strong resilience. At the same time, after years of innovation and accumulation, new advantages have been formed in some new fields, such as in the green new energy industry, where Chinese enterprises and products have shown strong competitiveness. In addition, the accelerated recovery of China's economy has provided strong support for foreign trade growth. The latest issue of China's Manufacturing Purchasing Managers' Index (PMI) has been above the boom and bust line for three consecutive months, while the logistics index has rebounded and risen for two consecutive months, indicating that China's exports have a driving force and imports have a traction force, and the trade scale will still maintain a high level of operation. The improvement of institutional openness has also continued to increase China's foreign trade growth. The Regional Comprehensive Economic Partnership (RCEP) has been in effect for over a year, releasing huge development dividends and becoming a new driving force for the economic development of the Asian region. In 2022, China's trade volume with 14 RCEP member countries reached 12.9 trillion yuan, an increase of 7.5%, accounting for 30.8% of China's total foreign trade. With the recent official approval of the RCEP agreement by the Philippines, all 15 member states have approved the RCEP, which will bring greater market access opportunities to all parties. As an open system, RCEP can and will have more economies joining in the future, bringing more trade cooperation opportunities. To promote high-quality development of foreign trade, we must not only stabilize the stock, but also actively expand the increment. The recently held National Conference on Import and Export of Foreign Trade proposed to actively promote the development of new forms of foreign trade. As a new industry in the development of international trade
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic dairy
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