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China Has Become A New Engine Of Global Trade Growth, &Nbsp, And A Strong Trading Power.

2011/11/26 17:32:00 9

China'S New Engine Of Global Trade Growth

10 years ago, we wanted to buy high-end foreign products.

consumer goods

A lot of people who want to go abroad are brought back from afar. Now, in many stores in the mainland, they can see goods from all over the world.

The change of people's consumption life is one of the great changes in China's foreign trade.

epitome


Providing important support for global economic growth


In recent years, China has adopted measures such as optimizing import structure, promoting import facilitation, improving import promotion system and other measures to expand imports, and actively proactively promoting trade balance strategy. Under the condition of insufficient global effective demand, China has played an important role in exporting global demand, which has provided an important support for global economic growth.


Through efforts, China's imports and exports are moving towards a more balanced direction.

In 2009, the trade surplus decreased by US $100 billion over the previous year, and in 2010 it further reduced by US $12 billion 600 million. The surplus is expected to account for GDP this year.

proportion

It will drop to less than 3%.


China's accession to the WTO has also brought tangible benefits to the rest of the world.

Over the past 10 years, China's average annual imports of US $750 billion have been equivalent to creating about 14000000 jobs for our trading partners.

The total remittance profit of foreign invested enterprises in China is US $261 billion 700 million, an average annual growth of 30%.

China's foreign investment enterprises employ nearly 800 thousand local employees and pay more than 10 billion US dollars per year.

China's good quality and inexpensive products have brought huge benefits to foreign consumers. Because of the import of Chinese goods, American consumers have saved about 600000000000 dollars over the past 10 years, and every family in the European Union can save 300 euros a year.

In 2010, China's import of goods trade was close to US $1 trillion and 400 billion, accounting for 1/10 of the world's total.

China has become the largest export market in Japan, Australia and Brazil, and has become the fastest growing export market in the United States.

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From quantity change to quality improvement


Since joining the world trade organization, the multilateral trading system has provided favorable external environment for China's economic development. China's import and export volume has increased by 21.6% annually, becoming the world's largest exporter and second largest importer.

In 2010, China's import and export trade reached a new high with total import and export volume approaching us $3 trillion.


After China's accession to the WTO, China has rapidly developed into a trading power, and its trade scale is expanding and its status is rising.

Song Hong, a researcher with the Institute of world economics and politics of the Chinese Academy of Social Sciences, said.

Data show that in 2010, the proportion of China's total exports to global exports increased from 4.3% in 2001 to 10.4% in 2010, and the proportion of total imports to global imports increased from 1.7% in 2001 to 9.1% in 2010.


At the same time, on the way of trading power, we should take a series of measures to speed up structural adjustment, push forward the pformation of foreign trade development mode, vigorously develop export brands and further improve the quality and efficiency of foreign trade commodities in accordance with the goal of "pferring mode, adjusting structure and promoting balance".


While China's foreign trade has achieved steady and rapid growth, its structure has been continuously optimized.

The proportion of processing trade in the whole foreign trade has dropped from 47.4% in 2001 to 38.9% in 2010.

At the same time, its value-added rate increased from 56.9% in 2001 to 77.4% in 2010.

The product structure of processing trade has been continuously optimized, from labor-intensive to labor-intensive and technology intensive and capital intensive. The high-tech manufacturing industry represented by electronic information, precision machinery, biological medicine, new energy and new materials has become the leading industry of processing trade.

In addition, China's export market is further diversified.

While the overall growth of exports of the main traditional trading partners has increased steadily, the export market for emerging markets has increased rapidly and the proportion has increased further.

In recent years, China's foreign trade growth has shown new changes in price and quantity coordination, and the quality and efficiency of foreign trade commodities have been continuously improved.


In the past 10 years, as one of the three main driving forces of national economic growth, the great development of China's foreign trade has made great contributions to China's economic and social development.


Vigorously promote the rapid development of the national economy.

In the past 10 years since the entry into the WTO, the growth rate of foreign trade has been significantly higher than that of the national economy in the same period. The trade surplus accounts for an average of 4% of the total GDP in the same period. In 2010, the customs revenue of the import and export links amounted to 1 trillion and 250 billion yuan, accounting for 15.1% of the national tax revenue, plus the tax revenue of foreign-funded enterprises with higher correlation with foreign trade, the tax revenue from the export-oriented economy accounted for 1/3 of the total tax revenue of the country, and the number of direct employment driven by foreign trade exceeded 80 million, of which 60% came from the rural labor force.


Promote industrial upgrading and increase international market share.

Through the introduction of advanced equipment, technology and management experience, the labor productivity and management level of the export industry has been continuously improved. At the same time, it has promoted the overall quality of "made in China" and the upgrading of domestic industry and technological progress, forming a group of excellent industries with the highest productivity in the world.

In 2010, the industrial added value was 16 trillion yuan, an increase of nearly 2.7 times that of 2001.

The total import and export volume of manufacturing industry has increased by nearly 5 times.


Alleviating the resource constraints of national economic development.

By importing domestic scarce resources, the bottleneck of resource constraints has been effectively alleviated and the short board restricting the development of the national economy has been stretched.

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Changing from trading power to trading power


Standing at the starting point of the new round of opening to the outside world, China's position as a "world factory" is facing enormous challenges.

At the same time, China's export-oriented economy, which relies on resource consumption and low labor cost for a long time, is also facing the urgent need of pformation and development.

In the future, China's foreign trade should not only focus on becoming a trading power, but also focus on becoming a trading power.


Therefore, China must speed up the pformation of the development mode of foreign trade, and promote the pformation of foreign trade development from scale expansion to quality and efficiency improvement, and from cost advantage to comprehensive competitive advantage.

On the basis of maintaining the competitive advantages of existing exports, we should accelerate the development of new advantages in technology, brand, quality and service as the core competitiveness.


In this summer's Davos forum, Chen Deming, Minister of Commerce, told the political and economic circles from around the world that China will further expand its opening to the outside world in order to join WTO 10th anniversary as a new starting point.


During the "12th Five-Year" period, China will adhere to the equal emphasis on imports and exports, attract foreign investment and invest equally, improve the level of opening up as a new driving force for changing the mode of economic development, improve the participation ability of the rules of international trade, pay more attention to the pformation of rules from the established rules to more active participation in the formulation of rules, enhance the international competitiveness of China's foreign trade and participate in the international division of labor and cooperation at a higher level.


 
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