Vice Minister of Commerce Fu Ziying said at the press conference of the State Council Information Office on the 12th that there are some positive changes in China's foreign trade. The total export volume in July has re-entered the high of 100 billion US dollars. The total foreign trade can still reach this year or next. More than 2 trillion US dollars.
Fu Ziying pointed out that it is difficult to fully compensate for the impact of shrinking external demand in the short term, and the next step will be to comprehensively clean up various charges related to import and export, and reduce the burden on foreign trade enterprises.
Fu Ziying said that the financial crisis has had a great impact on China. From January to July, the national import and export volume was 1,146.7 billion U.S. dollars, a year-on-year decrease of 22.7%. However, current global trade is declining, and China's decline is relatively small.
"China's exports in July have regained a high of 100 billion US dollars, and the total import and export reached a high of 200 billion US dollars. This is a very important signal." Fu Ziying said that China's total foreign trade can still reach or exceed 2 this year and next. One trillion dollars is of great significance for maintaining a stable and rapid development of the national economy.
In terms of insurance market and share of insurance, China has exceeded its expectations to complete its tasks. In the first five months, the proportion of goods imported from China by the economies of Europe, the United States and Japan increased by more than 3 percentage points year-on-year, of which the United States increased by 4.1 percentage points.
In addition, the structure of import and export commodities is further optimized. Fu Ziying pointed out that China's exports of clothing, luggage, footwear and furniture fell by 9.1%, 8.2%, 5.2% and 9.8%, respectively, far below the overall export decline of 22%; exports of electromechanical and high-tech products fell by 20.8% and 19.8 respectively. % is better than the overall export situation; the decline in import and export of processing trade has narrowed, with exports falling by 17.6% in July and imports falling by 16.8%.
At present, China's economic recovery is getting better and better, but the downward pressure on external demand is still very large. Fu Ziying pointed out that in the next step, the Ministry of Commerce will implement policies such as export credit insurance, export taxation, trade financing, processing trade, etc., and do everything possible to stabilize external demand. Comprehensively clean up various charges related to import and export, and reduce the burden on foreign trade enterprises. Implement the management method for RMB settlement of cross-border trade. We will further promote the strategy of developing trade through science and technology and promote the export of superior products.
Fu Ziying pointed out that it is difficult to fully compensate for the impact of shrinking external demand in the short term, and the next step will be to comprehensively clean up various charges related to import and export, and reduce the burden on foreign trade enterprises.
Fu Ziying said that the financial crisis has had a great impact on China. From January to July, the national import and export volume was 1,146.7 billion U.S. dollars, a year-on-year decrease of 22.7%. However, current global trade is declining, and China's decline is relatively small.
"China's exports in July have regained a high of 100 billion US dollars, and the total import and export reached a high of 200 billion US dollars. This is a very important signal." Fu Ziying said that China's total foreign trade can still reach or exceed 2 this year and next. One trillion dollars is of great significance for maintaining a stable and rapid development of the national economy.
In terms of insurance market and share of insurance, China has exceeded its expectations to complete its tasks. In the first five months, the proportion of goods imported from China by the economies of Europe, the United States and Japan increased by more than 3 percentage points year-on-year, of which the United States increased by 4.1 percentage points.
In addition, the structure of import and export commodities is further optimized. Fu Ziying pointed out that China's exports of clothing, luggage, footwear and furniture fell by 9.1%, 8.2%, 5.2% and 9.8%, respectively, far below the overall export decline of 22%; exports of electromechanical and high-tech products fell by 20.8% and 19.8 respectively. % is better than the overall export situation; the decline in import and export of processing trade has narrowed, with exports falling by 17.6% in July and imports falling by 16.8%.
At present, China's economic recovery is getting better and better, but the downward pressure on external demand is still very large. Fu Ziying pointed out that in the next step, the Ministry of Commerce will implement policies such as export credit insurance, export taxation, trade financing, processing trade, etc., and do everything possible to stabilize external demand. Comprehensively clean up various charges related to import and export, and reduce the burden on foreign trade enterprises. Implement the management method for RMB settlement of cross-border trade. We will further promote the strategy of developing trade through science and technology and promote the export of superior products.
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