Global novel coronavirus pneumonia strikes international trade, facing difficulties, China insists on improving port business environment, vigorously promoting trade facilitation, opening the market actively, actively expanding imports, and constantly cultivating new advantages in foreign trade development, and stabilizing foreign trade basic plate. The steady development of China’s foreign trade not only benefits China’s economy and Chinese people, but also drives the common development of all trading partners and benefits the global economy and people all over the world.
Actively opening up the market and expanding imports
On July 27, the countdown to the opening of the third China International Import Expo was 100 days. Enterprises from all over the world actively signed up for the exhibition, and many exhibition areas were hard to find one.
Since January last year, China has implemented a provisional import tax rate lower than the MFN rate on more than 700 commodities; From July 1, tariffs on 298 information technology products will be reduced. Starting from January 1 this year, import tariffs on more than 850 items of goods have been lowered. The continuous reduction of the total tariff level has facilitated the import of high-quality goods all over the world, enriched the domestic market supply, created space for the reduction of commodity prices, and better met the needs of domestic production and life.
——Expand the import market and promote the formation of a diversified pattern.
China’s one belt, one road and 4 trillion and 200 billion countries’ imports and exports in the first half of this year dropped by 0.9% yuan, but 2.3 percentage points lower than the overall decline in China’s foreign trade. The proportion reached 29.5%, 0.7 percentage point higher than that of the same period last year.
——Expand import categories and enrich consumption choices.
“China’s insistence on expanding imports shows the world China’s responsibility and injects Chinese dividends into the global economy.” Gao Feng, a spokesman for the Ministry of Commerce, said that with China’s further opening up, “China’s imports” have become a new driving force for world economic development.
Post time: Jul-13-2021