In this epidemic, our country's complete industrial system and complete upstream and downstream industrial supporting capabilities have become an important support for the fight against the epidemic, showing the comprehensive advantages of China's industrial chain. Experts believe that our country's foreign trade development is still showing a long-term upward trend; to maintain the comprehensive advantages of China's industrial chain, it is necessary to do a good job in "repairing the chain" and "strengthening the chain".
Our country’s foreign trade development is still showing a long-term positive trend.
"The impact of the epidemic on foreign trade is still mainly in short-term effects. Foreign trade activities will gradually resume after the epidemic eases or ends. From a long-term trend, the development of foreign trade will still maintain a positive trend." Yang Liqiang, an associate researcher at the Institute of International Economics of the University of International Business and Economics, told a reporter from China Economic Times.
He believes that there are four reasons: First, since the reform and opening up, the East Asian regional production network and value chain that China has participated in and formed are still closely linked, and the regional cross-border production division and coordination formed over a long period of decades have strong resilience and self-reliance. Resilience. Second, China's continuous industrial upgrading and development measures have further strengthened China's ability to avoid the risk of "broken chain" in the field of high-tech products, and have extended and consolidated the foundation and core value chain of China's manufacturing industry. Third, during this epidemic, China's super-large-scale market advantages have emerged, which has spawned and stimulated the development of several new industries or new models, which will further enhance the international competitiveness of China's related industries and enhance the export potential of service trade. Fourth, the gradual control of the epidemic in China demonstrates China's institutional advantages and strong resilience in economic operations, which has a strong investment attraction for foreign capital.
Do a good job in "complementing the chain" and "strengthening the chain".
How to maintain the comprehensive advantages of China's industrial chain? Yang Liqiang made four suggestions. One is to implement the "Foreign Investment Law" and its implementation rules, focus on improving China's business environment, vigorously promote trade facilitation, and further enhance China's attractiveness to investors. The second is to give full play to the advantages of the “first try, first test” policy of the pilot free trade zone, and explore policy measures to restore and stimulate the vitality of cross-border trade and investment after the epidemic has eased and ended. The third is to encourage the cultivation and formation of a number of domestic industrial clusters covering the entire industrial chain, and to "complement the chain" and "strengthen the chain" in response to the shortcomings of the industrial chain. The fourth is to further promote the signing of free trade agreements with neighboring countries and regions, promote the construction of a regional "zero tariff" and "zero barrier" cross-border trade and collaboration network, and create a regional cross-border production division and collaboration system.
