Confidence in foreign trade development gradually recovered Part A

A few days ago, the China Council for the Promotion of International Trade (CCPIT) released the "Investigation Report on the Foreign Trade Situation in the Third Quarter" (hereinafter referred to as the "Report"). The "Report" shows that the confidence expectations of my country's foreign trade enterprises have increased significantly, and they have continued to show strong resilience. 45.1% of foreign trade enterprises indicated that their confidence in foreign trade development gradually recovered in the third quarter; 30.31% of foreign trade enterprises expected the annual trade volume to achieve year-on-year growth, which was 4.09 percentage points higher than that in the second quarter; large and medium-sized enterprises were more optimistic about the foreign trade situation in the whole year , Small and micro business expectations, although weaker, have improved from the second quarter.

According to Sun Xiao, spokesperson of the China Council for the Promotion of International Trade and Secretary-General of the China Chamber of International Commerce, since this year, the China Council for the Promotion of International Trade has made the construction of high-level application-oriented think tanks a main business line, and released quarterly research reports on China's foreign trade situation, which is an important brand that China Council for the Promotion of International Trade is striving to build one.

Since late August, the China Council for the Promotion of International Trade (CCPIT) has distributed questionnaires to foreign trade enterprises through the national trade promotion system, and 2,043 copies have been effectively recovered. "We deeply felt in the survey that the effect of various foreign trade stabilization policies began to be concentrated in the third quarter, and in the first half of the year, the problems of freight rates, energy, capital, and exchange rates, which were strongly reflected by enterprises, were significantly alleviated." Sun Xiao said.

The specific performance is in the following aspects: the export volume and profit of foreign trade enterprises are both good. The trade volume of 22.69% of the companies increased month-on-month, and the profits of 19.52% of the companies increased month-on-month.

Export profits of high value-added industries have grown significantly. The foreign trade growth of industries such as railway, ship, aerospace and transportation equipment, papermaking and paper products, special equipment manufacturing, and automobiles is relatively strong, with 40%, 39.29%, 35% and 28.28% of enterprises achieving a month-on-month increase in export profits respectively.

With the deepening of enterprises' understanding and application of RCEP (Regional Comprehensive Economic Partnership), ASEAN has become the largest source market for my country's foreign trade orders. The top three sources of new orders for foreign trade enterprises in the third quarter are ASEAN, the European Union and the United States. , accounting for 30.6%, 30.55% and 25.29% respectively.

Foreign trade enterprises have high hopes for new forms of trade and new models. 46.7% of enterprises believe that comprehensive foreign trade services have the greatest effect on export promotion, and 22.52% of enterprises believe that cross-border e-commerce plays a greater role.

Source: Rule of Law Daily