Ministry of Commerce: The total import and export of goods will increase by 10% next year

When interviewed by reporters at the National Business Work Conference on the 22nd, Huo Jianguo, Dean of the International Trade Research Institute of the Ministry of Commerce, disclosed that the main expected goals of the business in 2011 were: the total volume of imports and exports increased by about 10%; non-financial direct foreign investment increased by 10% %about.
Chen Deming, Minister of Commerce, stated at the National Business Work Conference that there are many favorable conditions for the development of China's business in 2011, but the situation at home and abroad is still extremely complicated. The transformation of world economic growth into a virtuous circle still faces many challenges. The growth rate of the world economy may slow down, and the growth rate of international trade and investment will decline. At the same time, many structural problems have not been effectively resolved, and conflicts and frictions may further increase.
Chen Deming said that next year China will promote steady growth in exports. We will continue to maintain the basic stability of foreign trade policies and help enterprises solve practical difficulties in a timely manner. Make good use of the cross-border trade yuan settlement policy. We will vigorously develop policies and measures such as policy financing, increase support for the export financing of exporting enterprises, especially small and medium-sized enterprises, and further expand the scale of export financing insurance for large-scale complete sets of equipment. We will promote the construction of business platforms such as e-commerce, professional markets, exhibition centers and exhibitions at home and abroad, conduct in-depth trade and investment promotion activities, and support enterprises in actively developing new markets while consolidating traditional markets. Continue to control the export of "two high and one capital" products.
In addition, China will actively expand imports next year. Improve import promotion policies, further simplify import management measures, support the expansion of imports, and promote trade balance. Adapt to the needs of domestic structural adjustment and industrial upgrading, expand the import of advanced technology equipment and key components, and promote the technological transformation of enterprises. We will further broaden the import channels for bulk commodities such as grain and cotton and facilitate the timely organization of imports in accordance with domestic and international market changes to ease domestic supply pressure. Organize import commodity exhibitions to enhance the import promotion functions of large-scale exhibitions such as Canton Fair. Establish a coordination mechanism for imports of government, industry organizations and enterprises for key commodities, strengthen macro-control and guidance, and improve the joint negotiation mechanism for iron ore and potash fertilizer. Continue to promote the developed countries to relax their high-tech export control.
According to the forecast of the Ministry of Commerce, China’s total import and export volume in 2010 will reach about 2.9 trillion US dollars, an increase of more than 30%. The balance of trade continues to improve. The trade in services maintained rapid development.

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