The Ministry Of Commerce Talks About The Trend Of Foreign Trade And Will Go All Out To Stabilize The Basic Plate

The WTO recently released a report showing that global trade may decline by 13% -32% this year. Assistant Minister of Commerce Ren Hongbin said today (April 10) that China’s foreign trade is facing an unprecedentedly severe situation, will minimize the impact of the epidemic, and make every effort to stabilize the basic foreign trade foreign trade.
The State Council ’s Joint Defense and Joint Control Mechanism held a press conference today. Ren Hongbin, Assistant Minister of Commerce, said that due to the epidemic, China ’s exports fell by double digits in January-February, and foreign trade is facing an unprecedented severe situation. The main difficulties for foreign trade companies are reduced orders, rising costs, poor international logistics, and obstruction of the industrial chain and supply chain.
According to reports, as the domestic epidemic prevention and control situation continues to improve, foreign trade enterprises resume work in an orderly manner. The capacity recovery rate of more than 76% of key foreign trade enterprises nationwide has exceeded 70%, and overall the production of foreign trade enterprises has entered a normal track. But at the same time, we must see that the global epidemic is showing a rapid epidemic situation. More than 120 countries have adopted measures to restrict the flow of people and logistics. Had a huge impact. The WTO report shows that global trade may decline by 13% -32% this year, which is also a prediction of the rare decline over the years.
However, Ren Hongbin believes that China’s foreign trade itself has strong resilience, potential, and competitiveness. The long-term development trend will not change, and it has the confidence and ability to make good achievements in foreign trade development through greater efforts. The next step will be to help enterprises effectively reduce burdens, run the third import expo, help enterprises actively develop foreign trade, protect the market, order, and share, minimize the impact of the epidemic, and go all out to stabilize foreign trade. plate.