Ministry of Commerce: Make Progress while Maintaining Stability and Hold Major Exhibitions to Promote High-quality Business Development
 2022/03/23 | View:443

Ministry of Commerce: Make Progress while Maintaining Stability and Hold Major Exhibitions to Promote High-quality Business Development

By LINGTONG

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On March 1, the Information Office of the State Council held a press conference. Minister of Commerce Wang wentao, Vice Minister and Deputy Representative of International Trade Negotiations Wang shouwen, and Assistant Minister Sheng qiuping attended and introduced the situation of adhering to the stability of the word and promoting the high-quality development of commerce, and answered the reporter asked.


Wang wentao said that 2021 is a landmark year in the history of the party and the country. Facing the complicated domestic and international situation and various risks and challenges, the Ministry of Commerce, under the strong leadership of the Chinese Party Central Committee with President Xi jinping as the core, closely focuses on the "Outline" of building a new development pattern and bases its business work on the "Three Important" position: first, business work is an important part of the domestic cycle; second, business work is an important hub of the domestic and international dual cycle; third, it plays an important role in the new development pattern. It should be said that the business operation in the past year has been stable and improving, which is better than expected.


2022 is an important year for China to enter a new journey towards building a modern socialist country in an all-round way and marching towards the second centenary goal. We adhere to the guidance of President Xi jinping's Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 19th National Congress of the Communist Party of China and the 19th Plenary Sessions, implement the deployment of the Central Economic Work Conference, adhere to the principle of stability, seek progress while maintaining stability, and adhere to the "Three Important" business work positioning, firmly implement the strategy of expanding domestic demand, promote the continuous recovery of consumption, stabilize the fundamentals of foreign trade and foreign investment, expand high-level opening up, make every effort to maintain the smooth operation of business, and welcome the victory of the Party's 20th National Congress with practical actions.


Referring to the current consumption situation and how to promote the stable recovery of consumption, Wang wentao said:


This year, the Ministry of Commerce will earnestly implement the decisions and arrangements of the Chinese Party Central Committee and the State Council, which is to firmly implement the strategy of expanding domestic demand, coordinate the pandemic prevention and control and consumption promotion, and do everything possible to promote the sustained recovery and upgrading of consumption, so as to enhance the fundamental role of consumption in economic development. We mainly do it from three aspects:


First, pay close attention to the implementation of policies and enhance the main vitality of the consumer market. According to the deployment of the State Council, 14 departments of the State Council jointly issued a number of policies to promote the recovery and development of difficult industries in the service industry, especially the strong and targeted rescue and assistance policies for small, medium-sized and micro enterprises. The Ministry of Commerce should first implement these rescue and assistance policies in place.


Second, innovate ideas and methods and run consumption promotion activities well. In 2021, the business system organized a series of activities such as the National Consumption Promotion Month, online Lunar New Year's Shopping Festival, Double Products Online Shopping Festival, Time-honored Carnival and so on, which played an obvious positive role in promoting consumption. This year, the Ministry of Commerce will first summarize the experience and practices of consumption promotion activities last year on the premise of doing a good job in pandemic prevention and control, and then continue to organize and carry out a series of consumption promotion activities.


Third, serve a better life and create a consumption upgrading platform. In terms of cities, the Ministry of Commerce launched five international consumption center cities last year and after nearly a year of cultivation, we will summarize and improve. At the same time, we will further promote high-quality development, carry out the demonstration creation of smart business circles and smart stores, accelerate the construction of a "quarter hour convenient life circle" to facilitate residents' lives, and encourage the development of new business forms, new models and new scenes.

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When it comes to build the high-quality development of the “Belt and Road Initiative” and  build a new pattern of service development, Sheng qiuping said:


More than eight years since the “Belt and Road Initiative” have been proposed, China and other countries concerned have been committed to the principle of "negotiating, building and sharing", and have promoted solid and heavy achievements in "Infrastructure Connectivity", "Rules and Standards Connectivity" and "Civilization and Communication Connectivity". Nowadays, the "Belt and Road Initiative" has been a platform for international public goods and international cooperation, and the circle of friends is growing.

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Last year, with the joint efforts of all parties, economic and trade cooperation of the “Belt and Road Initiative” overcame the pandemic and other difficulties, continued to deepen and implement and injected new momentum into global opening-up and cooperation and world economic recovery. As a result, China's trade with countries along the line reached US $1.8 trillion, a year-on-year increase of 32.4%.


This year, we will thoroughly implement the spirit of General Secretary Xi Jinping's important speech at the third "Belt and Road Initiative" construction symposium, accurately grasp the overall requirements of jointly building the "Belt and Road Initiative" under the new situation, and implement the "Five Overall Plans", solidly promote the high-quality development of the joint construction of the "Belt and Road Initiative", and focus on five aspects:


First, continue to consolidate the fundamentals of cooperation. The "Belt and Road Initiative" is a road of cooperation, and trade and investment cooperation is an important part of the joint construction of the "Belt and Road Initiative". We will further tap the potential of trade with countries along the route, encourage the import of more high-quality commodities, continue to expand tripartite and multi-party market cooperation and promote the smooth connection of industrial and supply chains. We will accelerate the construction of a network of free trade zones radiating the "Belt and Road Initiative", and improve the level of liberalization and facilitation of trade and investment.


Second, steadily expand new areas of cooperation. A new round of technological revolution and industrial transformation is in the ascendant, and countries are more willing to cooperate in the fields of digital economy, green and low-carbon. We will actively cultivate new growth points of cooperation, in-depth development of "Silk Road E-commerce", strengthen cooperation in digital trade, new infrastructure and other fields, and promote the establishment of a digital cooperation pattern. We will also promote the green development of foreign investment and cooperation, and strengthen cooperation in new energy, energy conservation and environmental protection, green infrastructure and other fields.


The third is to create high-quality landmark projects. Over the years, a number of major cooperation projects and livelihood projects have achieved results, bringing tangible benefits to the host country's economic development and people's livelihood improvement. For example, the overseas economic and trade cooperation zones built by Chinese enterprises have paid a total of US$6.6 billion in taxes and fees to the host country, creating 392,000 local jobs. In the next step, we will focus on agriculture, poverty reduction, health, health and other fields, and give priority to the construction of more "small but beautiful" projects to enhance the sense of gain of the people of the host country. At the same time, we will actively promote the joint development of China-Europe trains and various parks, and integrate and develop with new formats such as cross-border e-commerce and overseas warehouses.


Fourth, better play the role of mechanisms and platforms. In recent years, the economic and trade cooperation mechanism of the "Belt and Road Initiative" has been continuously improved. We have established trade unimpeded working groups with 17 countries, investment cooperation working groups with 46 countries and regions, and established e-commerce, service trade and other cooperation mechanisms with many countries. We will continue to enrich such mechanisms, continue to successfully hold major international and regional exhibitions, improve the level of economic and trade exchanges and cooperation at all levels, and provide better service guarantees for the joint construction of the "Belt and Road Initiative".


Fifth, comprehensively strengthen risk prevention and control. At present, the global pandemic is still spreading, geopolitical risks are increasing, unilateralism and protectionism are intensifying, and the international environment for the joint construction of the "Belt and Road Initiative" is becoming increasingly complex. We will pay close attention to the global pandemic situation, promote international anti-pandemic cooperation, strengthen various risk assessments, monitoring and early warning, guide enterprises to refine their work plans, standardize their overseas business behavior, advance trade and investment cooperation and project construction in a steady and orderly manner, and protect the safety operation of Chinese enterprises and project.


In short, the Ministry of Commerce will, based on the new positioning of "Three Important", further promote the high-quality development of the "Belt and Road Initiative", comprehensively promote a higher level of opening up, and fully serve to build a new development pattern.



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