Policies hit a combined punch, and foreign trade export resumed growth.
Recently, along with the crisp whistle, a train of Central European trains drove west from Xinzhu Station in Xi’an. The train is fully loaded with 41 cars and will eventually arrive in Hamburg, Germany. With the help of multimodal transport and other convenient transportation methods, commodities from China take this train to a wider international market.
The epidemic hits, and foreign trade is under pressure. Faced with difficulties, the policy hit a combination of punches, and enterprises opened up new markets. After the year-on-year decline in the first quarter of the year, my country’s exports of goods trade ushered in a recovery. Exports reached 1.41 trillion yuan in April, an increase of 8.2% year-on-year; May exports reached 1.46 trillion yuan, an increase of 1.4%.
——The recovery of export growth means that the fundamentals of my country’s foreign trade development have not changed.
In the production workshop of Qingdao Sanshuo Health Technology Co., Ltd., there were booming voices, and the workers were busy nervously and orderly. Yang Liyun, director of the company’s international business center, said: “The order has been scheduled for July, and many new orders from European customers have been added since April.”
In the medium and long term, the fundamentals of my country’s long-term development in foreign trade have not changed. Since this year, various departments in various places have introduced measures to help enterprises to resume work and resume production, and stabilize the basic foreign trade. According to statistics from the General Administration of Customs, there were 297,000 enterprises with actual import and export activities nationwide in March, an increase of 53.4% over February.
——The resumption of export growth means that the competitiveness of foreign trade enterprises has made a new leap.
“Enterprises have resumed work until now, and they work overtime almost every night.” According to Pan Yanjun, chairman of Zhejiang Dingkang Technology Co., Ltd., winning orders and innovating R&D are inseparable. The company insists on research and development of various intelligent applications to strive for greater market share.
In recent years, my country’s foreign trade companies have accelerated the implementation of measures such as talent introduction, process transformation, and product innovation to gain new advantages in global competition in the same industry. During the epidemic prevention and control period, foreign trade enterprises accelerated the pace of transformation and upgrading, and improved their ability to resist market risks. According to customs data, in the first five months, my country’s exports of mechanical and electrical products reached 3.64 trillion yuan, of which, exports of automatic data processing equipment and its parts and components were 508.61 billion yuan, an increase of 1.8% year-on-year.
——The recovery of export growth means that the diversified market strategy provides strong support for exports.
Recently, a batch of large trucks loaded with dozens of tons of insecticidal pesticides left Hebei Weiyuan Biochemical Co., Ltd., and will be shipped to Shanghai in Shanghai. After arriving in Pakistan, they will help fight the locust disaster. “We exported 24 million US dollars in the first quarter, an increase of 16% year-on-year.” said Yang Jianhui, deputy general manager of the International Center of Hebei Weiyuan Biochemical Co., Ltd.
In recent years, my country’s foreign trade companies have actively implemented a diversified export market strategy and made great efforts to explore emerging markets such as the “Belt and Road”. The road of foreign trade development has become wider and wider. In the first 4 months, my country’s total imports and exports to countries and regions along the “Belt and Road” were 2.76 trillion yuan, up 0.9% year-on-year.
For some time to come, my country’s foreign trade development will still face severe challenges such as shrinking demand in the international market and blocked circulation in the supply chain of the industrial chain. However, Chinese companies that have experienced in the international market have strong resilience and potential. In general, my country’s export enterprises have a strong sense of innovation, a stable industrial chain supply chain, and companies have achieved remarkable results in opening up new markets. Together with the steady implementation of foreign trade policies, this has created conditions for my country’s foreign trade to continue to achieve restorative growth.