An Analysis of the Current Situation of China 's Foreign Trade and the Situation of Foreign Trade in 2017

2017-01-23 09:34:47 Report Hall (www.chinabgao.com) Font Size: T | T

Keywords: foreign trade

Summary: 2016, the world economy is difficult to recover, the domestic economy is stable and good. The traditional advantages of traditional foreign trade gradually weakened, emerging competitive advantage to be formed, China's foreign trade to maintain a weak operation. The status of China's foreign trade and the situation of import and export of foreign trade in 2017 are as follows.

In 2016, the world economy is struggling to recover, and the domestic economy is steady. The traditional advantages of traditional foreign trade gradually weakened, emerging competitive advantage to be formed, China's foreign trade to maintain a weak operation. The status of China's foreign trade and the situation of import and export of foreign trade in 2017 are as follows.

According to customs statistics, in 2016, China's total import and export value of goods 24.33 trillion yuan, down 0.9% over 2015. Among them, exports 13.84 trillion yuan, down 2%; imports 10.49 trillion yuan, an increase of 0.6%; trade surplus of 3.35 trillion yuan, narrowing 9.1%.

In 2016, China's foreign trade development is facing instability, uncertain factors increased significantly, downward pressure increased, the overall situation is complex and grim. With the national policy of promoting foreign trade to stabilize the policy effect of the gradual emergence of the first quarter of China's foreign trade import and export value decreased significantly in the second quarter stabilized, three or four quarters continued to achieve positive growth, the year before the low after the high Good trend.

An Analysis of the Situation of Foreign Trade Import and Export in

Looking ahead 2017, the world economic growth momentum is insufficient, the external demand to improve the degree of limited domestic macroeconomic downward pressure, China's foreign trade import and export situation is still difficult to have a substantial improvement. But the G20 consensus gradually implemented, the RMB to join the SDR, foreign trade support policies and other factors will support the smooth operation of foreign trade. I suggest that the next step to speed up the transformation of trade development, strengthen the "all the way" to build, guide and encourage the development of new trade formats, and promote China's foreign trade quality and efficiency.

Structural transformation momentum

The growth rate of imports and exports stabilized. Since 2016, due to the continued slowdown in global trade trend, the RMB exchange rate trend has been demoted, China's trade in goods continued to decline. As a result of 2016, China has introduced a series of policies to support the steady growth of foreign trade and promote the transformation and upgrading of foreign trade, the major indicators of decline over the previous year has narrowed. In terms of dollar valuations, imports and exports fell 6.9%, narrowing 0.6 percentage points from the same period last year due to factors such as recovery in international commodity prices, accelerated import of energy products and higher import price index, and 7.5% decline in exports 4.4 percentage points; imports fell 6.2%, the decline narrowed by 8.7 percentage points. However, from the perspective of trade volume, according to WTO statistics, China's imports and exports since 2017 growth and the world average growth rate and a slight lead, indicating that China's overall foreign trade is better than the global average.

The export trade structure is constantly optimized. The development of China's foreign trade in China since the beginning of 2016 in the import and export trade structure, the main product structure, market diversification structure, the main structure of the trade, etc. to continue to promote the development of the "one side" strategy, Optimization and improvement. First, the proportion of general trade continues to improve. Second, the international market diversified steadily. China's "BRIC" other countries and "along the way" along the country's exports grew rapidly. Third, the proportion of private enterprises to further enhance the export. The private economy is an important part of the development of China's national economy. It plays an important role in the development of the socialist market economy and becomes a vital force to promote the growth of foreign trade. It is an important carrier to promote the upgrading of trade and realize the trade products, models and formats. The proportion of private economy and trade to enhance, means that China's foreign trade in the field of innovation, activity, quality and efficiency continue to increase. Fourth, complete sets of large-scale equipment export speed. China as the world's largest manufacturing industry, with the "going out" strategy with the "one way" strategy to promote large-scale foreign investment in enterprises, the construction of overseas projects, the implementation of international production capacity cooperation process, a strong advance of the equipment manufacturing and high Value of product exports. Fifth, the positive development of new models of foreign trade. Cross-border e-commerce, market procurement trade, foreign trade comprehensive service enterprises continue to maintain rapid growth trend, "production - service" one-stop supporting industry alliance model take shape. These emerging models are becoming a new growth point in the field of foreign trade.

Energy products and high-tech products imported faster. Since the beginning of 2016, on the one hand, the domestic economy has made steady progress, led to the increase in imports of commodities, while the international commodity prices oversold bounce, China's import price index improved slightly, leading to rapid growth of major varieties of energy imports. On the other hand, the domestic industry, consumption upgrade momentum is obvious, driven high-tech products, high-end consumer goods and daily necessities import demand growth. Since 2016, China's imports of mechanical and electrical products increased by 1.9%, electronic technology, computer integrated manufacturing technology, life science and technology and other high-tech products imports have increased year on year. This shows that in the context of a comprehensive slowdown in international demand, China as a responsible global trading power, and actively expand the domestic market, to stabilize the international commodity market has made contributions.

Trade in services to accelerate the development. In recent years, international trade and investment show new trends, China's foreign trade development into a new stage, domestic and international economic and trade environment requires China to change foreign trade development model, promote foreign trade to accelerate the upgrade, and vigorously promote the development of trade in services. Since 2016, China's trade in services has maintained rapid growth. Export structure to further optimize the service trade innovation pilot area service import and export growth is good, the first half of the State Council approved the development of service trade innovation and development pilot 15 provinces, municipalities and regional trade in services accounted for 47.5% of the country's share Year increase of 0.8 percentage points.

According to the report on the development of China's foreign trade industry market and industry development trend in 2016-2021, the world economy is still struggling to get rid of the sluggish growth. The traditional comparative advantage of "Made in China" has gradually weakened, and the overall development of China's foreign trade The situation is still not optimistic. However, the "one side", international cooperation in production and other strategies to speed up the implementation, especially foreign investment is expected to drive a substantial increase in exports of some commodities; the RMB exchange rate stabilized gradually help to improve export competitiveness. In 2017, China's foreign trade exports fell by about 5%, imports fell about 7%.

Strengthen the cultivation of foreign trade new growth point

In view of the current world trade downturn and the main difficulties of China's foreign trade, the author proposes to further strengthen the cultivation of new growth points, accelerate the implementation of the "one way" strategy to foreign investment to promote trade development.　

Cultivate new growth point of trade in goods. First, to adapt to the Internet, large data, the rapid development of intelligent manufacturing trend, the choice of smart home appliances, smart phones and other products as the future of China's trade in goods exports of key products, through policy guidance, fiscal support, innovation subsidies and other measures to vigorously foster. The second is to encourage enterprises to actively implement the "going out strategy", the construction of international marketing network, increase government funds to support, play the role of Canton Fair and other platforms to strengthen economic and trade exchanges, industrial cooperation, to carry out park construction and exchange, to promote foreign trade from quantity expansion to quality , To consolidate the status of trade power.

Foster foreign trade emerging formats. Vigorously implement the excellent foreign trade strategy, circulation upgrade strategy, domestic and international market integration strategy, accelerate the development of foreign trade comprehensive service enterprises, cross-border electricity providers, overseas warehouses, market procurement model and other new trade formats, improve traditional trade efficiency. First, to promote cross-border e-commerce construction, strengthen the business customs clearance service platform-related system construction, improve the electronic payment management system, accelerate the development of cross-border e-commerce logistics services, promote cross-border e-commerce industry cluster development, enhance cross-border e-commerce external cooperation The The second is to encourage the development of cross-border e-commerce enterprises, attach importance to the new model of foreign trade industry and other new models, in line with the development trend of foreign trade to service enterprises as the core, to create procurement, production and service integration of electronic information platform. The third is to build a new "internal and external trade integration" system, to cultivate a combination of domestic and foreign trade, business model and international market commodity trading market, in the main regional trade center has a strong international influence of large-scale exhibition to support enterprises to build overseas marketing, Settlement and warehousing logistics network.

With the "one by one" strategy to promote the export of related goods and services. First, to promote all kinds of resources and elements of an orderly flow and rational allocation, to stimulate the vitality and potential of various types of enterprises to support high-speed rail, nuclear power and other key areas of major projects to promote the related equipment manufacturing and other commodity exports. Second, combined with China's enterprise development needs, and further increase policy innovation, service innovation and regulatory innovation efforts to strengthen the enterprise to enhance product quality, brand, technical service level awareness, and actively create new foreign trade growth point, improve product value, The competitive advantage and business model, to improve the ability to explore the international market.

Overall, we believe that China's foreign trade in 2017 the internal and external environment is complex, the difficulties are not short-term, but after years of accumulation, China's economic and foreign trade toughness, the potential of sufficient, large capacity, regardless of how the external market Flu, we have confidence to deal with. Through the analysis of the import and export situation of foreign trade in 2017, it is understood that in the field of foreign trade in 2017, it is necessary to grasp the policy of "steady growth and structural adjustment" in the field of "steady progress", and strive to make the reform Benefit enterprises, foreign trade will be in quality and efficiency, stable development of the results.