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Cultural ProductsSeizing opportunities such as digital economy and green development, opening up new fields and tracks of development through technological innovation, accelerating the construction of a modern industrial system, and promoting high-quality economic development will help more Chinese creativity set sail to the sea.
Breaking through the trillion yuan mark for the first time! Not long ago, China's 2023 foreign trade performance report was released. Among them, the total export of "new three types" products such as electric passenger cars, lithium-ion batteries, and solar cells reached 1.06 trillion yuan, a year-on-year increase of 29.9%. The emergence of the "new three types" of acceleration injects new momentum into foreign trade growth, demonstrating China's new advantages in participating in international competition.
Foreign trade connects two domestic and international markets and two types of resources. Improving foreign trade can better promote domestic and international dual circulation, and help build a new development pattern. In the past year, China's total import and export value reached 41.76 trillion yuan, which withstood pressure and achieved positive growth. The growth rate of foreign trade performed better than most major export-oriented economies. While the total export volume remains relatively stable in the international market share, the export structure continues to optimize. The exports of ships and household appliances increased by 35.4% and 9.9% respectively, with mechanical and electrical products including the "new three samples" accounting for 58.6% of the total export value, and labor-intensive products accounting for 17.3%, highlighting the effective improvement in the quality of foreign trade exports. In the context of sluggish demand in major markets, it is commendable and not easy for China's foreign trade to achieve such results. We will solidly carry out this year's economic work, continue to make efforts and overcome difficulties, deeply implement the decisions and deployments of the Central Economic Work Conference, expand intermediate goods trade, service trade, digital trade, and cross-border e-commerce exports, accelerate the cultivation of new drivers of foreign trade, and continue to promote the stabilization and improvement of foreign trade.
Exports are one of the three driving forces behind economic growth, and stabilizing foreign trade and optimizing structure play an important supporting role in stabilizing growth and promoting employment. Faced with the weak recovery of the world economy, a series of stable foreign trade policy measures have been introduced and implemented, which is a powerful guarantee for promoting the overall stability of foreign trade operations. In the past year, policy documents such as "Opinions on Promoting Stable Scale and Optimal Structure of Foreign Trade" and "Several Measures to Accelerate the Integrated Development of Domestic and Foreign Trade" have been issued, and hard recruitment has been implemented to promote stable growth in foreign trade scale and high-quality development; Various economic and trade events such as the China International Fair for Trade, Canton Fair, and Chain Expo have been held one after another, attracting visitors from all directions and helping enterprises stabilize orders and expand their markets; From high-quality co construction of the "the Belt and Road", promoting the quality and expansion of the pilot free trade zone, to local government departments in many places actively promoting enterprises to "group out to sea", China has accelerated its high-level opening up and actively carried out international economic and trade exchanges and cooperation. A series of practical actions fully demonstrate that China not only has the advantages of a complete industrial system and strong production capacity, but also has the determination to open up the door more and more, and the determination to not be afraid of wind and rain, dare to challenge and fight.
Against the backdrop of sluggish external demand, increasing trade protectionism, geopolitical conflicts, and other factors, China's foreign trade should shape new advantages in high technological content, high added value, and high quality. Currently, there is ample potential for new products and formats in the field of foreign trade, and the dividends of opening up to the outside world are still being continuously released. For example, with the accelerated layout of supporting facilities such as independent stations and overseas warehouses, China's cross-border e-commerce exports increased by 19.6% in 2023, accounting for more than 7% of the overall exports. It has become the fastest developing, most promising, and most driving new foreign trade format. For example, in response to the trend of green and low-carbon, China has vigorously promoted the transformation and upgrading of the automotive industry, with an increase of 67.1% in the export of electric passenger vehicles, and a continuous strengthening of market and technological advantages. Seizing opportunities such as digital economy and green development, opening up new fields and tracks of development through technological innovation, accelerating the construction of modern industrial systems, and promoting high-quality economic development will help more Chinese creativity set sail.
At the beginning of the new year, the State Administration of Taxation issued a new version of the "Guidelines for Stable Foreign Trade and Stable Foreign Investment Tax Policies" to facilitate taxpayers to better understand and apply policies, and create a favorable tax environment for the development of foreign trade. The plan for a year lies in spring. Once you have a clear vision, hurry up and work hard. We have the advantages of a complete range of industrial categories, continuously unleashing the dividends of openness, and a proactive business entity. We have full confidence, ability, conditions, and confidence to promote the continued positive development of foreign trade and inject more vigorous vitality into China's economic development.
