Vice Minister of Commerce Zhong Shan: China will strive to promote opening up amid foreign trade difficulties
Faced with the recent trend of rising trade protectionism in the world, Vice Minister of Commerce Zhong Shan stated that he is firmly opposed to trade protectionism and believes that in the difficult international economic environment, it will be very difficult for China’s foreign trade export growth this year to maintain last year’s rate. , and the export volume this month will still show negative growth.
“This year is very difficult, not only for our country’s enterprises, but also for everyone,” Zhong Shan said yesterday when attending the 105th my country Import and Export Fair (Canton Fair) Hong Kong Investment Promotion Conference in Hong Kong. “This year’s foreign trade exports will increase at a certain rate. It will not exceed last year.”
Regarding this month’s foreign trade export volume, Zhong Shan said that due to the long Spring Festival holiday and the fact that the market has not yet recovered, negative growth is expected; however, due to the price and quality advantages of Chinese products, as long as the financial The tsunami has bottomed out and demand has emerged. Chinese goods still have a market and are competitive; and the Ministry of Commerce will take further measures to create a good operating environment for export companies.
Recently, international trade protectionism has become more and more intense. Zhong Shan said that as the financial crisis further spreads to the real economy, he understands that “it is difficult for everyone”, but China firmly opposes trade protectionism. Regarding the call for “buy only American products” in the United States, he said that China does not agree. Since the international community, including U.S. allies, have expressed different opinions, he believes that the U.S. government will carefully consider this issue.
Zhong Shan said that China has a market of 1.3 billion people and will encourage imports with an open mind, especially internationally competitive goods. Minister of Commerce Chen Deming also wrote in foreign media yesterday that China’s increase in domestic demand can provide other countries with a larger market and more investment opportunities; this year, China will continue to expand imports and actively organize corporate purchasing groups to go overseas on a large scale. Procurement of equipment, merchandise and technology.
When it comes to the RMB exchange rate, Zhong Shan said that this year the RMB exchange rate will be “basically stable at a reasonable and balanced level.” AASDGGERY6UFGH
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