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Yao Jian said today that from the downward trend of import and export for four consecutive months, the actual situation should be said to be continuously deepening. Statistics show that exports fell by 25.7% in February this year, and exports fell by 21.1% from January to February, which is the fourth consecutive month of decline.
Yao Jian pointed out that corporate orders are indeed decreasing. The most important backdrop for the decline in exports is the shrinking demand in the international market. Relevant international organizations predict that global trade in 2009 will fall by about 2%. Affected by this, not only China, but also exports from many countries including South Korea, Brazil and India are declining.
"Currently, the export of mechanical and electrical products has fallen faster than labor-intensive products. 60% of China's export products are mechanical and electrical products. This decline will directly affect the decline of overall exports." Yao Jian said.
Export enterprises are mostly in labor-intensive industries, and there is a lot of employment behind the export data, which is of great significance. This year's government work report of Premier Wen Jiabao specifically mentioned that "we must strive to maintain stable growth of foreign trade. We must emphasize the expansion of domestic demand and must not relax exports."
Yao Jian said that in response to the shrinking demand in the global economic crisis, it is first necessary to strengthen cooperation and revitalize the international economy. The G20 summit to be held in April is expected to be high, and all parties are expecting that all countries will reach an agreement and come up with a plan to further stimulate the economy.
As far as China is concerned, Yao Jian said that the first is to solve the financing problems of foreign trade enterprises, especially the financing difficulties of small and medium-sized enterprises. The relevant departments are studying and will introduce measures as soon as possible. Second, we must further improve government services, improve the level of customs clearance, and speed up the inspection and quarantine of import and export commodities. Prior to this, Guangdong, Jiangsu, Zhejiang and other southeast coastal areas have introduced a number of trade facilitation measures.
Prior to this, there was public concern in the international community that China has repeatedly adopted measures such as increasing the export tax rebate rate to help enterprises export, which will help a large number of Chinese products enter the international market at a lower price. When Yao Jian answered the question from the Associated Press reporter today, he said that China implements a VAT system, and the VAT refund is still an international practice and is also in line with the requirements of the WTO. The spokesperson pointed out that under the current situation, it is necessary to further strengthen support for export enterprises in order to maintain stable growth of foreign trade and better employment levels.
Beijing March 16 Although it is expected that the decline in imports and exports may slow down in March, the Ministry of Commerce spokesman Yao Jian said on the 17th that the impact of the financial crisis is deepening, and it is still too early to say that exports have warmed up.