Anchoring Quality, Quantity And Stability, China's Foreign Trade Achieves A Good Start

In the two sessions of the country's new blueprint for economic development at the time, China's foreign trade handed out a remarkable report card - March 7, the General Administration of Customs released the latest data show that the first two months of this year, China's import and export of trade in goods to hit a record high for the same period in history, foreign trade to achieve a good start. According to customs statistics, the first 2 months of China's trade in goods import and export value of 6.61 trillion yuan, an increase of 8.7%. Among them, exports 3.75 trillion yuan, up 10.3 per cent; imports 2.86 trillion yuan, up 6.7 per cent.
As one of the "Troika" driving economic growth, the good start of China's foreign trade for this year's Chinese economy to inject new momentum. This year's government work report is clear, to promote the quality and quantity of foreign trade stability, and made the relevant deployment. During the two sessions of the National People's Congress, many representatives and members of the International Business Daily reporter in an interview focused on the "new three sorts", emerging markets, new forms of new models, etc., to accelerate the cultivation of new dynamics in foreign trade and promote the high-quality development of foreign trade and actively contribute to the suggestions and recommendations.
Import and export scale hit a record high during the same period in history
General Administration of Customs Statistics and Analysis Division Director Lv Daliang said that the first two months of China's trade in goods to continue since the fourth quarter of last year since the good trend for five consecutive months of year-on-year growth, the scale of imports and exports hit a record high in the same period in history. The growth rate accelerated by 7.1 percentage points compared with the fourth quarter of last year, achieving a good start.
Particularly noteworthy is that since this year, in the external environment of complexity, severity, uncertainty rise in the background, China's exports by virtue of the ability to innovate and product quality to achieve double-digit growth, and further consolidate the competitive advantage, such as automobiles, household appliances, ships and other advantageous products, for example, the first two months of exports increased by 15.8 per cent, 24.3 per cent, 180.6 per cent respectively.
At the same time, the first two months coincided with the New Year's Day and Spring Festival holidays, domestic consumption demand is strong, driving imports to continue the momentum: total imports of 2.86 trillion yuan, an increase of 6.7% year-on-year.
From the point of view of trade partners, diversified economic and trade cooperation is becoming increasingly close. In the first two months, ASEAN is China's largest trading partner, China's import and export to ASEAN 993.24 billion yuan, up 8.1%; to the "Belt and Road" countries to build import and export 3.13 trillion yuan, an increase of 9% year-on-year, accounting for 47.3% of China's total imports and exports; import and export of Central Asia five countries 95.09 billion yuan, an increase of 26%; to the other RCEP other countries, the import and export of the RCEP, an increase of 6.7%. The import and export of the five Central Asian countries accounted for 95.09 billion yuan, an increase of 26 per cent; the import and export of other RCEP member countries amounted to 1.94 trillion yuan, an increase of 3.5 per cent.
As the main force of China's foreign trade, private enterprises have sufficient vitality. The import and export of private enterprises in the first two months was 3.61 trillion yuan, up 17.7 per cent year-on-year, accounting for 54.6 per cent of the total value of China's imports and exports, an increase of 4.2 percentage points over the same period last year.
As China's auto town, Chongqing automobile enterprises, led by Chang'an Automobile and Sailis Automobile, have constantly transformed and upgraded their products and improved product quality to break into the market against the backdrop of Chongqing's accelerated development of smart grid-connected new-energy vehicles.2023 Chongqing's new-energy automobile output exceeded 500,000 units, and automobile exports grew 51.9 per cent.
"The top-level design has promoted the vigorous development of the new energy automobile industry." Zhu Huarong, a deputy to the National People's Congress and party secretary and chairman of Chongqing Chang'an Automobile Co Ltd, said that it is necessary to continuously improve the automotive industry chain, accelerate the innovative development of autonomous driving, car networking, intelligent applications and other fields, introduce advanced technology and management experience, and help local auto brands speed up their overseas expansion.
Investing in the development of new quality productivity is even more on Changan Automobile's work agenda. "We will take independent innovation as a hand, firmly establish the development direction of high-end, intelligent and green, continue to promote the globalisation strategy, and continuously improve the competitiveness of our products." Zhu Huarong said.
To better help China's new energy vehicles sail to sea, Zhang Xinghai, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and the founder of Sailis Group Co. also put forward suggestions. He said that it is necessary to conduct in-depth research on the parts and components enterprises going to sea, hoping to provide fiscal and financial support for the parts and components enterprises that have the potential and are actively going to sea, especially private parts and components enterprises, and encouraging the high-quality supply chain to go to sea, and high-quality car companies to synergise overseas, and to give full play to the comprehensive competitiveness of China's automobiles in the supply side, the manufacturing side, and the product side. In addition, the relevant departments should promote the international mutual recognition of automobile carbon footprint accounting standards, methods and data, especially to strengthen low-carbon development cooperation with the EU, and to clear the carbon emission-related obstacles for China's new energy vehicles exported to Europe.
Accelerating the development of "cross-border e-commerce+industry belt".
Against the backdrop of the current complicated and severe foreign trade situation, cross-border e-commerce and other new forms and modes have become an important hand in stabilising foreign trade. This year's government work report proposed to "promote the healthy development of cross-border e-commerce and other new forms of business, and optimise the layout of overseas warehouses".
The relevant departments also proposed this year will take measures to continue to cultivate cross-border e-commerce as a new driving force in foreign trade, such as the Ministry of Commerce will promote cross-border e-commerce exports, the introduction of "expanding cross-border e-commerce exports, promote the development of overseas warehouses of a number of measures", the development of "cross-border e-commerce + industrial zone" and so on.
"Combining cross-border e-commerce with the development of industrial belts not only meets the needs of enterprises' own development, but also demonstrates an important direction for industrial upgrading. Cross-border e-commerce for industrial belts not only opens up broader sales channels and enables more diversified business models, but also promotes the upgrading of a considerable number of traditional foreign trade enterprises in terms of digitisation, informatisation and automation." Zhang Yichen, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and chairman and chief executive officer of CITIC Capital, said that in order to do so, a group of cross-border e-commerce mainstays with strong growth, driving force and market potential should be vigorously supported to carry out integrated development of trade and industry. At the same time, accelerate the cultivation of a number of brand planning and promotion, logistics, cloud computing, legal services and other supporting enterprises and institutions.
Zhang Yichen also suggested, on the one hand, continuing to strengthen trade facilitation, continuously improving the business environment, and strengthening business guidance for cross-border e-commerce; on the other hand, actively carrying out international co-operation in cross-border e-commerce, and creating a favourable external environment for cross-border e-commerce enterprises to explore the international market.
"CITIC Capital is firmly optimistic about the overseas potential of Chinese enterprises." Zhang Yichen revealed that next, CITIC Capital will make use of its own ecological resources, cross-border transaction experience and overseas localised operation capability to continuously empower enterprises going overseas, forming a good synergy effect and adding bricks and mortar to Chinese enterprises going overseas.
Overseas warehouse is an important overseas node of cross-border e-commerce and a new type of foreign trade infrastructure, how to further promote the high-quality development of overseas warehouse, so that more "Made in China" accelerate to the world? Closely linked to a series of links from the construction to the management of overseas warehouses, Ye Zhengbo, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), vice chairman of the CPPCC of Zhejiang Province, and chairman of the Zhejiang Provincial Committee of the Jiu San Society, suggests that from the perspective of sustained development of reasonable planning for the overseas warehouses of the global layout, strengthen the layout of emerging markets, strengthen the layout of the overseas warehouses in the emerging markets such as the "One Belt, One Road" countries and other emerging markets, so as to open up international markets and link global resource elements. international market, linking global resources and elements to strengthen the foundation.
A set of solid data, a vivid example, showing China's foreign trade resilience, potential, full of vitality of the situation, but also more confidence and confidence to promote the quality and quantity of foreign trade steady.