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"Volume Stable and Quality Increase" in Foreign Trade Ministry of Commerce Continues to Take Multiple Measures Simultaneously to Stabilize Foreign Trade to Stabilize the Industrial Chain

       In the first 11 months of this year, my country's import and export scale has exceeded the level of last year. Regarding the development trend of foreign trade throughout this year, the Ministry of Commerce predicted at a regular press conference on December 16 that the structure of foreign trade import and export will be further optimized throughout the year, high-quality development will be accelerated, and the status of a major trading country will be consolidated, which can be successfully completed. "Quantity stability and quality improvement" target task. However, it also pointed out that the foreign trade situation next year will remain complex and severe. The Ministry of Commerce will continue to closely follow changes in the situation, continue to relieve difficulties for foreign trade companies, stimulate the vitality of market players, and maintain foreign trade operations within a reasonable range.
   When analyzing the main reasons for the rapid growth of my country’s foreign trade in the second half of this year, the Ministry of Commerce believes that, first, the global economy has maintained a recovery trend and external demand has improved. The United Nations Conference on Trade and Development predicts that global exports of goods will increase by 22.4% this year. Second, despite the repeated impact of the epidemic, global supply and demand gaps still exist, and China continues to meet the needs of the international market and consumers by relying on a complete manufacturing system. The third is the rise in commodity prices, which has a greater boost to import growth.
        However, the current foreign trade development still faces many uncertain, unstable and unbalanced factors. The global epidemic fluctuates repeatedly, the international situation is complex, the problems of poor shipping, and the shortage of chip supply cannot be fundamentally alleviated in the short term. The overall cost of enterprises remains high, and foreign trade operations are facing greater challenges. huge pressure. In the next step, the Ministry of Commerce will conscientiously implement the spirit of the Central Economic Work Conference, continue to do a good job in the "six stability" and "six guarantees", closely monitor the operation of foreign trade, and take multiple measures to stabilize foreign trade, including:
   Increase efforts to stabilize market entities. Further play the supporting role of export credit insurance and export credit to foreign trade enterprises, improve the ability of enterprises to deal with the risk of exchange rate fluctuations, improve the level of trade facilitation, and effectively relieve foreign trade enterprises from difficulties. At the same time, accelerate the development of new business formats and models of foreign trade, and further play the leading role of export channels such as cross-border e-commerce and overseas warehouses.
   Effectively ensure the stability and smooth flow of the foreign trade industry chain and supply chain. Cultivate high-quality platforms such as foreign trade transformation and upgrading bases, national processing trade industrial parks, and national import trade promotion innovation demonstration zones. Carry out the smooth operation of foreign trade, work with relevant departments to do a good job in smooth international logistics, promote direct passenger docking between shipping companies and small, medium and micro foreign trade enterprises, and continue to promote smooth settlement.
   Further develop diversified markets. Give full play to the role of the unimpeded trade working group, safeguard the multilateral trading system, make good use of the signed free trade agreements, and guide enterprises to accurately explore the international market. Carefully organize various online and offline exhibitions, increase the promotion of public platforms for national international marketing services, and better play the positive role of important exhibitions and open platform services in smoothing the domestic and international double cycle.

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