Yao Jian: To Expand Domestic Demand, We Must Stabilize External Demand.

Next year, China has entered the WTO for ten years.

Ministry of Commerce spokesman

Although China's foreign trade has handed out beautiful pcripts in two consecutive months (exports grew 48.5% in May, a record high since March 2007, and the total volume of imports and exports reached US $254 billion 770 million in June, of which exports amounted to US $137 billion 400 million, all of which broke the historical record of July 2008).

In his recent research in Xi'an, Premier Wen Jiabao stressed: "we need to expand domestic demand and stabilize external demand."

Yao Jian at the press conference gap

In response to pressure on export enterprises to meet the pressure of foreign exchange reform, he said

When it comes to the fact that the foreign trade situation in the second half of this year is rather complicated and the overall situation is not optimistic, Yao Jian has particularly mentioned the competitiveness of enterprises. "The influence of cost structure will restrict the further development of competitiveness."

He told our reporter that there are many uncertainties in the external demand market, which is the biggest problem facing the external environment.

In the second half of the year, because of the higher base and the decline in export growth, the domestic factors will be superimposed on the competitiveness of export enterprises.

Under the background of the rising cost of raw materials, the rising cost of labor and the adjustment of the export tax rebate rate of some products, some enterprises are facing some pressure on business, especially some labor-intensive enterprises.

Yao insists that employment in labor-intensive industries is a very important issue.

Under such a general objective of employment and economic development, the competent authorities will adopt appropriate macroeconomic policies to ensure employment and economic development, as well as to balance the adjustment of economic policies.

But he also pointed out that, according to the experience of the international financial crisis, the export of Chinese products may still be smaller than that of other countries.

Because China's exports to the major markets are divided into two parts, one is the export of labor-intensive products, that is, the export of essential commodities.

This part will be stable, because this part itself is adapted to the market demand and the price is relatively stable. However, some of the products will decline because of the weakening of the EU market investment and government financial expenditure.

However, the overall trend of exports will not be greatly reduced.

In response to the question of whether the Ministry of Commerce will issue a proposal to accelerate the development of foreign trade in the near future, Yao Jian said: "we have preliminarily formulated a plan to further promote imports, further promote the structural optimization of exports and overseas investment, and further promote the extension of trade value-added chain. We are also refining relevant policies and measures with relevant parties to further improve this policy."

The next step is to change the way of foreign trade development. He has put forward several major points: more attention should be paid to how to further promote the coordinated development of exports and imports and to strengthen the role of imports; how to further diversify the trade market is not only the traditional European and American markets, but also the emerging markets; how to combine traditional trade exports with overseas investment operations; and how to further pay attention to the strength of brands, the power of marketing network and the strength of after-sales service in the development of foreign trade.

"The important thing is not to publish such a document, but to enable the foreign trade industry and enterprises to clearly define such a development trend and historical mission, so as to promote the overall improvement of China's economic quality."

He said.