The Low Profile Of Foreign Trade Entered The "13Th Five-Year"

According to the data of the General Administration of Customs in March 8th, the total value of China's imports and exports in February was 1 trillion and 430 billion yuan, down 15.7% from the same period last year.

Among them, exports were 821 billion 800 million yuan and imports were 612 billion 300 million yuan, down by 20.6% and 8% respectively.

In dollar terms, export growth in February dropped by 25.4% over the same period last year, the lowest level since June 2009.

In this regard, Lu Zheng commissar, chief economist of Industrial Bank, told reporters: "the import of China's main export markets has been picking up since the fourth quarter of last year.

This shows that the current export downturn has little to do with external demand.

Whether China's foreign trade can be realized this year will be stabilized. "It will depend on the supply side" to reduce the cost and whether it can be effective and whether the export structure can be upgraded.

For this year's foreign trade work, Premier Li Keqiang of the State Council

"The main target of this year's development is" the stability of imports and exports is good, and the balance of international payments is basically balanced, "he said.

The reporter noted that the foreign trade objective of the 2015 government work report was about 6% increase in imports and exports, but no specific growth data targets were set up this year.

Regarding this, Bai Ming told reporters: "in the case of other countries in the world are declining, it is not realistic for our country to maintain growth. It is much better to maintain basic stability than other countries.

This also shows that China's foreign trade will be "low-key" into "13th Five-Year" without data.

It is also a manifestation of pragmatism.

In addition, the consultative research team of Ampang also believes that there is no specific figure for foreign trade development goals, which indicates that the future development of foreign trade will be more quality than quantity.

In fact, in addition to China's top 20 foreign trade powers, 18 governments do not issue annual trade growth forecasts and targets.

As for implementation

This year's "government work report" proposes to optimize the export tax rebate rate structure, ensure timely and full tax rebates, encourage business model innovation, optimize trade structure, promote trade facilitation, and implement more aggressive import policies.

The former official website of the National Bureau of statistics also put forward that China should actively promote the "one belt and one way" construction to expand external demand on the one hand. On the other hand, we should make use of external pressure to accelerate the adjustment of industry and product mix in China. We should innovate in technology, improve technology and strengthen environmental protection, and strive to solve the problem of oversupply of low-end products and insufficient supply of high-end products.

"The downturn in foreign trade is likely to continue for some time.

The future is to create new advantages for the interior and create new space for the outside world.

The new advantage is to lay a solid foundation for Industry and attach importance to brand and quality improvement.

In addition to the physical space such as "one belt and one road" and "free trade zone", the new space also includes enhancing the right to speak on international trade rules.

Bai Ming told reporters.