What are the judgments of the foreign trade environment in the second half of the year and what are the suggestions for foreign trade companies?Ministry of Commerce response

Author:Beijing Commercial Daily Time:2022.07.07

According to the Ministry of Commerce website on July 7, the Ministry of Commerce held a routine press conference. At the meeting, there were media questions.

In the second half of this year, factors such as high inflation and high -Russian conflicts pushing high commodity prices will still affect the global economic prospects. What are the judgments of the Ministry of Commerce in the second half of the year, and what are the suggestions for foreign trade enterprises?

The spokesman Shu Jingsing said that since this year, China's foreign trade has held multiple pressures at home and abroad, and overall achieved stable operation. From January to May, imports and exports increased by 8.3%year-on-year. It is expected to remain high in June.

Judging from the recent investigation of some local, industries and enterprises, the uncertain instability facing my country's foreign trade development in the second half of the year has increased, and the situation is still complicated and severe. From the perspective of external demand, affected by geopolitical conflicts and some developed economies accelerated the tightening of monetary policy, the global economic growth rate was slow, and the prospects of trade growth were not optimistic. From a domestic perspective, the base of foreign trade in the second half of the year is significantly increased, the comprehensive cost of enterprises is still high, and it is still difficult to connect orders to the market.

At the same time, the achievement of stability and improvement of foreign trade throughout the year still has many favorable conditions. The first is that my country's foreign trade industry has a strong foundation, and the long -term good fundamentals have not changed. The second is that various foreign trade policies will continue to take effect. Various localities further coordinate the prevention and control of the epidemic and economic and social development, continuously optimize and refine policies and measures, and stimulate the toughness and vitality of the foreign trade industry. Third, the growth momentum of new energy and other industries is good, and it is expected to continue to contribute increment in the second half of the year.

In the next step, the Ministry of Commerce will implement the policy and measures to stabilize foreign trade with local and relevant departments, from the aspects of promoting the preservation of the foreign trade field, increasing fiscal and tax financial support, helping enterprises to grasp the marketing market, stabilizing the supply chain of the foreign trade industry chain, etc. Continue to make efforts and continue to support enterprises to use relevant policies and measures to help the majority of foreign trade enterprises stable and healthy development. Specifically, the first is to help enterprises reduce comprehensive costs, make good use of export credit insurance tools to improve orders and performance capabilities. The second is to support enterprises to actively participate in various exhibitions, consolidate traditional markets and existing customers, and actively develop new markets. The third is to encourage enterprises to continuously improve their innovation capabilities, actively adapt to changes in the needs of overseas consumers, and promote the upgrading of foreign trade quality improvement.

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