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    Foreign Trade: Continue To Pform Growth Si Lu

    2014/10/26 13:56:00 22

    Foreign TradePformation ModeGrowth Si Lu

    China's economic growth is moving from high speed to low speed growth, and foreign trade is also slowing down from high speed.

    Therefore, we can no longer pursue absolute speed as we did in the past. We should not mention specific growth targets, but should be adaptable to speed.

    When the international market is good, increase exports appropriately and reduce some exports when there is a bad time. There is no need to pursue a speed target.

    Bai Ming suggested that China should move from a labor-intensive industry to a high-tech industry, and build the whole industrial chain from R & D to production to marketing.

    At the same time, the market should be diversified, so we should not just focus on the European and American markets, and ASEAN, etc., should actively explore.

    In addition, trade mode should be diversified, such as promoting e-commerce.

    In addition, Zheng Yuesheng, spokesman of the General Administration of customs, made it clear that the General Administration of Customs has always been concerned about the issue of China's external trade surplus and does not pursue the trade surplus. It is looking forward to a more balanced, coordinated and sustainable development of trade.

    In 7 and August this year, the trade surplus was maintained at a high position, expanding by 18% and 28.7% respectively. In September this year, the surplus was 190 billion 100 million yuan, an increase of 1.1 times compared with the same period last year.

    In this regard, Zhou Shijian said that the next step in foreign trade is to maintain the stability of the RMB exchange rate, which is very important for foreign trade enterprises.

    Imported

    It also needs policy support, especially consumer goods, which can regulate consumer goods properly.

    tariff

    "If the import does not expand and the trade surplus is too large, the United States will have reason to continue to exert pressure on the RMB exchange rate".

      

    Zhang Jianping

    It is believed that at present, the RMB exchange rate should be relatively stable.

    The stability of RMB exchange rate is conducive to the process of reform and RMB internationalization.

    In the past, the RMB exchange rate was mainly unilateral appreciation, leading to hot money inflow.

    Now the renminbi has a relatively stable trend in the fluctuation range, which is conducive to the stability of foreign trade and financial markets.

    However, in view of the fourth quarter's import and export situation, song Hong told reporters that the fourth quarter foreign trade situation still needs time to prove.

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    Read the next article

    Foreign Trade Entering The "New Normal" Needs To Take A Good Balance Beam.

    In March this year, China's "government work report" set the target of total import and export volume for the year as "expected growth of around 7.5%". The foreign trade data released recently by the General Administration of Customs show that in the first three quarters, China's import and export value grew by only 3.3%.

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