Jiangsu'S Foreign Trade Grew Steadily During The Concussion.

Every time the world economy fluctuates, the response to foreign trade closest to the international market is the most sensitive.

At the moment, the increasingly fierce international financial turmoil is gradually releasing the impact on China's foreign trade.

Under such a big background, Jiangsu has achieved steady growth in its foreign trade and import and export trade, which is comparable to that of GDP.

The Ministry of foreign trade and economic cooperation revealed that in 1-9 months, the total import and export volume of the province was 303 billion 570 million US dollars, up 19.9% from the same period last year, of which 180 billion 710 million US dollars were exported, an increase of 23.4%.

What does this scale and growth mean?

Nationwide, two indicators of import and export volume and export volume in Jiangsu continue to maintain second of the national total, and export growth is 1.1 percentage points higher than the national average.

"This year's foreign trade business environment is unprecedented.

From the first half of the year to the current international financial tsunami, the export of our province can sustain more than 20% growth on the basis of sustained high speed growth.

Professionals like this.

Looking back at the operation of foreign trade this year, although the growth rate has fluctuated in a single month, the cumulative increase has been rising month by month, of which exports increased by 18.4% from the beginning of the year to 5 percentage points now.

Especially in the third quarter, exports exceeded US $22 billion per month and hit record highs.

From the perspective of corporate form, domestic enterprises have maintained relatively rapid growth, with us $70 billion 520 million in imports and exports and 49 billion 620 million US dollars in exports, representing an increase of 32.5% and 34.7% respectively.

Among them, private enterprises are most active, exporting 27 billion 460 million US dollars, an increase of 41%.

The pressure on foreign-funded enterprises is also turning around. Export growth has rebounded month by month, and 7 of the top 15 export companies have increased by more than 25%.

The general trade momentum in the way of trade, which has a more stimulating effect on economic development, is stronger than that of processing trade. In the first three quarters, it exported 70 billion 650 million US dollars, an increase of 36.5%.

Look at the products and the market. There are two characteristics: first, the ability to resist risks of new products is strong; first, the growth of emerging markets is fierce.

The initial chain of solar photovoltaic industry completed 4 billion 300 million US dollars in the first 8 months, an increase of 193%, the largest in the country.

The export of life science and technology products was 2 billion 460 million US dollars, an increase of 77.2%.

On the market side, the emerging markets such as ASEAN, Russia and Brazil are growing well. Our province exports to ASEAN 16 billion 190 million US dollars, an increase of 34.2%, not only increasing the leading markets, but also surpassing Japan in all.

In addition, in the 1-9 months, the export and import growth of the Soviet Union increased by 46.4% and 50.1% respectively, significantly higher than that of the whole province, and the growth rate of exports in Northern Jiangsu reached 40.1%.

However, a calm and comprehensive view of Jiangsu's foreign trade under the new situation has already emerged.

The long term and high-speed operation of foreign trade "engine" showed signs of slowing down. By the end of September, import and export growth and import growth were all lower than the national average.

In addition, compared with exports, import power is obviously insufficient, especially for processing trade imports, which has negative growth in eight and 92 months, which will directly affect the export of processing trade.

On the products, there is uncertainty in the export of new products such as ships and photovoltaic.

According to the experts' deep analysis, the growth of foreign trade in our province is dominated by exogenous growth, and endogenous motivation is relatively insufficient.

For example, the export body is a foreign-funded enterprise, but the spillover effect of foreign-funded enterprises is not strong, processing trade accounts for about 70% of the export, the added value of export products is not high, and the brand is not much.

When the domestic and international business environment changes, this growth mode's ability to resist risks is challenged.

In the face of the new situation, Party committees, governments and import and export enterprises at all levels in Jiangsu have changed their ideas and actively responded to them.

At the beginning of the year, the provincial government put forward the guiding ideology of "grasping pformation and promoting growth", and the provincial leaders took charge of the heads of departments concerned to go deep into key foreign-funded enterprises and conduct "one enterprise, one strategy" guidance service.

In early May, after the research and deployment of the provincial government, the provincial finance department and the provincial foreign economic and Trade Department issued the management measures of special funds for guiding foreign trade and economic development at the provincial level. The provincial government invested 200 million yuan to support and expand the international market, prevent trade risks, promote trade in science and technology, and go out.

Local governments at all levels have also made efforts to match the relevant policies of the state and the province.

In early September, Nanjing issued opinions to ease foreign trade enterprises' financing difficulties, support enterprises' export brand building, and encourage enterprises to expand overseas markets.

For example, enterprises can give up to 90% interest on export tax rebates, giving 20% discount on Financing under credit insurance.

Changzhou implemented the "first tax rebate cancellation". In September, the tax refund for the first 19 key enterprises was 230 million yuan.

As the Department of foreign trade and economic cooperation, the Ministry of foreign trade and economic cooperation will "Foster Export Bases" as an important starting point to promote industrial agglomeration and create regional brands, and give active support to public technology, service platforms and traceability system of agricultural products.

At present, our province has established four major export bases, including electromechanical products, science and technology, agricultural products and light textile industry. The 17 bases of Xishan motorcycles, Taizhou pharmaceutical products, Changzhou rail pit and Pizhou garlic have achieved remarkable results.

Experts suggest that we should make joint efforts to meet the challenges and maintain stable and rapid development of Jiangsu's foreign trade from the two levels of government and enterprises.

From the government level, we should further increase export rebates, stabilize exchange rates, and reduce pressure on enterprises from the external environment.

As an enterprise, it is necessary to build up confidence and make more efforts in developing new products, expanding new markets and finding new customers. At the moment, we should pay special attention to the use of multi form anti exchange rate risk financial instruments, actively innovate trade patterns and develop international e-commerce.

This has attracted the attention of many enterprises. The Jiangsu international e-commerce platform recently opened by the Ministry of foreign trade and economic cooperation has visited more than 2 million people a month.

On the other hand, we should look at international financial risks from a different perspective and be good at finding opportunities from crises.

For example, foreign trade enterprises have always emphasized the strategy of "both internal and external trade, and import and export together", which is now a good time to accelerate implementation.

Foreign demand is shrinking, foreign trade enterprises are turning to domestic trade, while small ones are for enterprise development, while large ones are conducive to expanding domestic demand.