On May 4, the Ministry of Commerce released the “Report on China’s Foreign Trade Situation (Spring 2014)”, reviewing China’s foreign trade operations throughout 2013 and the first quarter of 2014, and looking forward to China’s foreign trade development trends throughout 2014. .
Report analysis shows that in 2013, faced with severe and complex domestic and international environments, the Chinese government promptly introduced policies and measures to promote steady growth in imports and exports and adjust the structure, which stabilized corporate confidence and promoted the expansion of foreign trade scale, increased share, and structural optimization. In 2013, China became the world’s largest trader in goods. In the first quarter of 2014, China’s imports and exports declined year-on-year, mainly due to the high base in 2013.
The report believes that the momentum of world economic recovery will tend to improve in 2014, China’s economy will have a stable start, and China’s foreign trade has the conditions to achieve stable growth. However, China’s foreign trade still faces many difficulties and challenges, and the serious and complex aspect of the situation cannot be underestimated. As long as the external environment does not change significantly, China’s imports and exports are expected to maintain relatively stable growth throughout 2014.
The report pointed out that in the coming period, China will thoroughly implement the policies that have been introduced to stabilize foreign trade growth, further improve the level of trade facilitation, create a more relaxed environment for foreign trade companies, while exploring new growth points for exports, and vigorously improve export products. Add value, optimize the structure of foreign trade, actively expand the import of domestic shortage products, and promote the sustainable and healthy development of China’s foreign trade.
