1, giving full play to industrial advantages
China has a sound manufacturing industry chain and perfect infrastructure, which makes China competitive in the global market. In addition, the government has adopted a series of policies and measures to promote industrial upgrading and innovative development, which will help to enhance China's position in the global value chain.
2. The superposition effect of policy support.
During the epidemic, China government adopted a series of support policies, including fiscal, monetary and structural policies, which helped to stabilize the growth of foreign trade, reduce the burden on enterprises and enhance market confidence.
3. Promote free trade agreements
China has made great progress in promoting free trade agreements, which will help reduce trade costs and promote trade facilitation. At present, the Regional Comprehensive Economic Partnership Agreement (RCEP) has come into effect, providing a broader market and a more convenient trade environment for China's foreign trade.
The Influence of Foreign Trade on China's Economy
1, stimulating economic growth, and foreign trade exports, together with investment and consumption, have become the main driving force for economic growth.
2. Promote structural adjustment, technological progress and industrial upgrading. The export of mechanical and electrical products has accounted for more than half of the total export, and the export of high-tech products has accounted for nearly 30%.
3. Creating employment opportunities, nearly 1 100 million employees are directly related to foreign trade.
4. Increase fiscal revenue and foreign exchange reserves. Import tax accounts for 1/5 of the national tax revenue, making it the second largest tax source after domestic value-added tax. The country's foreign exchange reserves have reached a new high, improving its ability to resist external economic risks.
5. Make full use of international and domestic markets and resources to serve economic construction. Domestic imports of energy, raw materials, advanced technology and key equipment account for 90% of the total imports.