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The Ministry of Commerce describes China's foreign trade foreign capital in one sentence: it has been stable in the past, it is stable now, and it will be stable next.
Ball pen,gel pen,etc.On July 2nd, the Ministry of Commerce held a special conference to introduce the situation of “stable foreign trade, stable foreign investment, and promotion of consumption”. At the press conference, the director of the Department of Comprehensive Affairs of the Ministry of Commerce said, "Overall, China's foreign trade foreign investment has the basis and conditions for sustained and steady growth, that is to say, it has been stable in the past, it is now stable, and it will be stable next."


Chu Shijia introduced that from the actual operation of more than one year, China's foreign trade withstood the pressure in 2018, hitting a record high, and foreign capital achieved contrarian growth in the context of a sharp decline in international investment. Since the beginning of this year, on the basis of the high base last year, foreign trade foreign investment has continued to maintain steady growth. The export and foreign investment growth rate in May was still faster than that in the previous four months, which fully demonstrated the great resilience of the Chinese economy.


Chu Shijia pointed out that there are three main reasons for this: First, the policy effect continues to show up. This year, the number of foreign trade enterprises has not decreased, but it is still growing. From January to May, there were 330,000 enterprises with import and export performance, an increase of 6.6%. Second, new progress has been made in market diversification. China has trade with 232 countries and regions. Since the beginning of this year, China's market share in major economies such as the European Union, Japan, Brazil, Russia and South Africa has increased. Third, the company's ability to cope with it has increased. At present, enterprises are actively responding by reducing costs, increasing research and development, and diversifying the market. The methods are more and more emboldened.


"Stabilizing foreign trade and stabilizing foreign investment is to take into account the entire international economic and trade environment and domestic real conditions, and strive to maintain the stable development of foreign trade and foreign investment, and contribute more to the sustained and healthy development of the national economy." The Chu Shi family pointed out that the industrial chain is not fixed. Changed, but dynamically adjusted. On the one hand, there are both domestic new industrial chains like 5G, and there is also the integration of foreign industrial chains like Tesla. On the other hand, enterprises will take the initiative to “go global” to lay out globally according to their own development needs.


When talking about domestic consumption, Wang Bin, deputy director of the Marketing Department of the Ministry of Commerce, pointed out that the consumer market has generally shown a stable operation this year. The growth rate, network consumption, service consumption, basic consumption and consumer prices all reflect a stable "word.


“In May, the total retail sales of consumer goods increased by 8.6%, 1.4 percentage points faster than that in April. The cumulative growth in the first five months was 8.1%, and it is expected to continue to rise steadily in June.” Wang Bin pointed out that the growth rate of retail sales of consumer goods in the first half of the year is expected to reach 8.2%, still in the medium and high speed growth range. This growth rate was achieved on the basis of the increasingly complex international economic and trade environment and on the basis of a high base of 40 trillion yuan. From a global perspective, China's consumption growth rate is still in the forefront.


Wang Bin said that at the same time, it should also be seen that the consumer market is still generally showing a downward trend. In response to changes in the consumer market, the state has successively introduced a series of measures to reduce taxes and reduce fees and expand openness. Various localities have also introduced a series of policies to promote consumption, especially for specific measures such as automobiles and home appliances to promote consumption.


It is understood that the Ministry of Commerce recently held a national on-site promotion of consumption upgrade work in Shanghai, and comprehensively deployed the key work in 2019. In the next step, we will focus on improving the urban and rural market system, smoothing agricultural product circulation channels, improving the quality of goods and services, and optimizing the market business environment.


In response to the Economic Daily-China Economic Net reporter’s question on the Pilot Free Trade Zone, Tang Wenhong, Director of the Foreign Investment Department of the Ministry of Commerce, said that the new six-zone pilot zone and the new zone of the Shanghai Free Trade Zone will be related. Work is actively promoted and will be clearly communicated in the first place.


Tang Wenhong also said that with regard to exploring the construction of Hainan Free Trade Port, the Ministry of Commerce is now learning from the requirements of the CPC Central Committee and the State Council to learn from the advanced management methods and management methods of international free trade ports, internal and external trade, investment and financing, fiscal taxation, and finance. Innovative, entry and exit, etc. explore more flexible policy systems, regulatory models and management systems, and relevant work is also actively promoted. He said that the Hainan Free Trade Port will become a new highland for reform and opening that not only exhibits Chinese characteristics, but also conforms to Hainan's development orientation, higher openness level, better business environment and stronger radiation. Research on the framework of relevant policy systems is also being advanced.


A few days ago, China released two negative lists of the 2019 edition of the national and free trade pilot zones to further expand the fields of agriculture, mining, manufacturing, and service industries. After five revisions in the past six years, the list of foreign investment approvals has been reduced from 190 years ago to 40 in the national version and 37 in the free trade zone.


Tang Wenhong said that in order to cope with the smooth implementation of the negative list, the Ministry of Commerce is currently comprehensively clearing the restrictions on foreign investment access outside the negative list and strictly implementing the “non-forbidden access”.
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