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Original title: The stabilization of foreign trade generates 180 million jobs
Beijing Commercial Daily News (Reporter Tao Feng Lu Yinling) On October 14, the head of the Foreign Trade Department of the Ministry of Commerce spoke about China’s foreign trade operations from January to September 2020, saying that China’s foreign trade in the first three quarters it has stabilized and improved better than expected. Enhance and full of vitality. The new dual-cycle development pattern of foreign trade services is powerful and efficient. From the perspective of addressing the general situation of internal development, foreign trade provides strong support to the stability and improvement of the national economy and makes positive contributions to stable growth, employment of residents and market entities.
According to the official, from January to August China had 478,000 import and export companies, a year-on-year increase of 6.2%. The number of people employed in foreign trade has reached 180 million and import taxes contribute 10.4% of the country’s total tax revenue. In the first three quarters, the trade surplus was $ 326.05 billion, an increase of 11.2%, which effectively stabilized the international balance of payments.
Wang Jingwen, principal investigator at Pangu Think Tank, said in an interview with a reporter for the Beijing Business Daily that while China’s exports remain resilient, but imports, especially services, have fallen year on year, net exports of China have expanded significantly and their contribution to GDP growth has continued to increase. 14.4%, 16.6% in the second quarter, which contributed positively to stabilize growth and guarantee employment.
Affected by the epidemic, China’s foreign trade companies faced a very difficult period this year, with scarce funds, declining orders, rising industrial and supply chain risks, and a series of problems that brought many challenges to the survival and development of companies. To do this, the Chinese government has launched a series of policies and measures to promote new business formats and new models to help companies overcome difficulties.
Li Kuiwen, spokesman for the General Administration of Customs and director of the Department of Statistics and Analysis, told a news conference on October 13 that customs is trying by all means to reduce trade costs. Through measures such as the reduction or exemption of import fees for late filing, late fees and the exemption of tax-deferred interest for domestic sales of commercial processing products, a total of almost 200 have been reduced or exempted and saved. million yuan for businesses. In particular, small and medium-sized enterprises account for around 70% of import and export companies that use tariff guarantee insurance, effectively reducing burdens and increasing the efficiency of small, medium and micro enterprises.
“Despite the continuous improvement of China’s import and export product structure, the share of labor-intensive products is still close to 20%. The export of these products can have a huge and direct driving effect on the job”. Wang Jingwen said: “Since this year, the country has successively outperformed Export tax breaks, increased foreign trade credits, increased support for export credit insurance, addition of comprehensive cross-border e-commerce pilot zones , supporting the development of processing trade and holding the Canton Fair online, and a series of policies to stabilize foreign trade. In addition, the government supports foreign trade enterprises that export to domestic sales, The use of the “Cloud Expo” to strengthen the connection between production and demand, etc., has achieved good results. “
At the same time, the head of the aforementioned Ministry of Commerce stated that, from the perspective of open cooperation, China’s foreign trade strongly supports the prevention and control of the global epidemic and the recovery of the world economy and trade. We take concrete actions to deepen international cooperation in epidemic prevention and control, do our best to expand the export of epidemic prevention materials, and promote the construction of a human health community. China further opened its market to the outside world and actively expanded imports. According to WTO statistics, in the first half of the year, China’s imports to the world market increased 0.8 percentage points over the same period last year. Recently, a senior WTO economist also claimed that China not only performed outstandingly in exports, but also made positive contributions to the recovery of the global economy and import trade.
The person in charge also summarized China’s foreign trade situation from January to September in the sense that China has increased its trade scale and its share in the international market. From a historical comparison, the scale of imports and exports reached a new record during the same period. In the first three quarters, China’s total import and export volume was 23.12 trillion yuan, an increase of 0.7%. Among them, exports were 12.71 trillion yuan, an increase of 1.8%, and imports were 10.41 trillion yuan, a decrease of 0.6%. China’s import, export and export scale reached all-time highs during the same period.
From a horizontal comparison, the share in the international market has increased steadily. According to WTO data, in the first half of this year, China’s export growth rate was 7.8 percentage points higher than the world average, and its share in the international market increased by more than 1 percentage point over the same period last year, setting a record in the same period. Both the scale of trade and market share have risen and reached new highs, which are determined by China’s core foreign trade and overall strength.
“Since the world economy is in a shutdown situation, China has achieved rapid development of import and export by relying on its advantages to take the lead in controlling the epidemic, increasing the export of prevention materials the epidemic, remote offices and other products. ” Wang Jingwen said: “The next stage, foreign trade policies can be Further improvements are made in three aspects: one is to cultivate new business formats and new models; the other is to support the development of processing trade; the third is to promote the transfer of foreign trade products to domestic sales “.
