China Has Implemented A Positive Import Policy And Has Made A Significant Contribution To Global Trade.

In recent days, the World Trade Organization has lowered the global trade growth rate because of slowing economic and trade growth in developing economies such as China and Brazil and the decline in North American imports.

In response, China's Ministry of Commerce spokesman responded today that since the financial crisis, China has been an active contributor to promoting global economic growth and promoting the recovery of international trade.

(WTO) to release the trade outlook report, reducing the growth rate of global merchandise trade volume in 2016 from 2.8% in April to 1.7% because of slowing economic and trade growth in developing economies such as China and Brazil and the decline in North American imports.

What is your comment? A press spokesman said: we note that the latest WTO outlook report has lowered the growth rate of global merchandise trade in 2016.

This further shows that the global economic recovery is weak, the international market demand is low, and the uncertainties are increasing. It is still in the deep adjustment period since the international financial crisis.

At the same time, WTO believes that the reasons for the slowdown in global merchandise trade are manifold.

The world economic slump is the fundamental reason for the global trade slowdown. The turmoil in the international financial market has increased the uncertainty of Global trade recovery. The trend of anti trade trend has promoted the trade policy of all countries and the rise of trade protectionism.

We should see that since the financial crisis, China has been an active contributor to global economic growth and the revival of international trade.

According to IMF released data, as the world's second largest

From 2009 to 2015, China's contribution rate to global economic growth is over 25% every year.

In recent years, on the higher development base, under the severe and complicated international environment and the deep contradictions that have accumulated for a long time in China, China relies on reform and innovation, the economy keeps growing at medium and high speed, and the structure speeds up pformation and upgrading.

In the first half of 2016, China's economy grew by 6.7%, ranking among the leading economies in the world.

In recent years, China's foreign trade growth has slowed down due to factors such as sluggish external demand and weakening traditional competitive advantage, but it is still better than the major economies in the world.

In terms of trade volume, China's exports accounted for 13.8% of the world's share in 2015.

In the first 8 months of 2016, the cumulative decline in China's foreign trade imports and exports narrowed for 6 consecutive months, showing a trend of stabilization.

Judging from the volume of trade, WTO statistics show that global export volume and import volume increased by 0.7% and 0.2% respectively in the first half of 2016.

Over the same period, China's export volume and import volume increased by 0.6% and 3% respectively, which is generally better than the global average.

As a global trading power, China has implemented an active import policy in recent years, expanding the opening of the domestic market, not only meeting domestic economic growth and consumption demand, but also contributing to stabilizing the international commodity market and Global trade volume.

What needs special explanation is that at present, the 1/3 of China's foreign trade and imports is realized through processing trade. That is to say, "two ends are outside", mainly depending on the change of demand in the international market.

Because

Demand for long-term weakness, China's processing trade imports have declined for 19 consecutive months, the average decline of more than 10%, is an important factor in pulling down the overall growth of China's imports.

At the same time, China is the main "victim" of Global trade protectionism.

According to the relevant reports released by WTO in June this year, 145 new trade restrictions were implemented in the group of twenty (G20) economies from October 2015 to May 2016, with an average of nearly 21 new measures each month. The monthly number of new measures is the highest level that WTO has been monitoring since 2009.

In the first 8 months of this year, China suffered 85 trade relief investigations initiated by 20 countries (regions). The amount involved was $10 billion 300 million, the number of cases increased by 49%, and the amount involved increased by 94%.

The Hangzhou summit of the group of twenty leaders just concluded has reached a series of important consensus on strengthening macroeconomic policy coordination and promoting the strong growth of international trade and investment.

China is willing to continue to uphold the concept of international trade liberalization with the rest of the world, further open wider to the outside world, continuously improve the level of trade facilitation, actively implement the summit consensus, firmly oppose all forms of trade protectionism, and work hand in hand to push forward world trade as soon as possible and promote the sustainable growth of Global trade.