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WherehasChina'sforeigntrade

(2023-02-04 08:30:49)

Where has China's foreign trade order gone? The high, middle and low end markets have collectively fallen behind, relying only on domestic consumers

introduction

With the gradual opening of the epidemic control, people's lives have also begun to get on track. For the Chinese people, the most concerned and important issue is the form of domestic economic recovery. In the past three years, China's economic development has been under great pressure. Whether it is the need for domestic epidemic control or the downturn in the international market, these factors combined make China's economic development face great challenges.

Therefore, for many people, how to make China's economy develop better in the future has become a matter of great concern. In this regard, relevant scholars and departments in China's economic field said that this year's domestic consumption will become an important breakthrough in driving the country's economic growth, but this development direction also needs to make certain trade-offs, and domestic consumption growth will face the situation of excluding foreign orders.


The loss of foreign trade orders made many people smell the "smell" of the crisis in a short time, and the loss of foreign trade orders in China once became a hot topic. Many people do not understand the root cause of this problem. The loss of foreign trade orders in China shows a trend of loss of orders for high, middle and low grade products. So what will happen to our foreign trade orders in the future, and how can we make flexible adjustments?

Speaking of the loss of foreign trade orders, the root cause is actually the reduction of demand. First of all, the foreign market is not surprising at this stage. In order to develop the economy, many regions will stimulate domestic demand in order to achieve more employment and stimulate the internal circle.


Therefore, it is very normal for China's export orders to decline under such a background. In addition, even in developed countries such as Europe and the United States, the purchasing power of the population is not limited, and the demand is not optimistic.

When their demand for the use of Chinese goods is greatly reduced, it also leads to the reduction of orders in China from the source, which also leads to the failure of China's high, middle and low end markets. In addition to the impact of the economy, the other reason for the reduction of their demand for Chinese goods is that they may find new product suppliers.


In some countries, because labor costs are very low and the local production environment is poor, in the context of the overall downturn in the environment, some foreign enterprises will also choose to transfer those orders originally belonging to China to other countries in order to reduce the cost of goods import. For example, many foreign enterprises originally imported a large number of fitness equipment from China, but now they tend to buy such goods from Mexico, There are also some high-end and low-end manufacturing markets that have been seized by the Philippines and India.

In addition to the reduction in demand, China's complete economic recovery is another major reason. In addition to keeping pace with the international community, the domestic real-time liberalization policy also takes into account that the domestic economic growth has not allowed us to continue to implement strict epidemic prevention policies.


Since the domestic market has just been opened up, China's foreign trade enterprises have not been able to immediately return to normal status in a short time and participate in exhibitions competing with other enterprises, which also makes it difficult for these Chinese enterprises to open up new customers to accept new international orders in a short time.

Moreover, the relevant departments have clearly stated that the focus of domestic economic recovery is on domestic consumption, which means that the foreign trade industry will inevitably be ignored. After understanding the causes of the loss of China's foreign trade orders, we are more eager to know how to reverse this situation.


First of all, we need help from the state for relevant enterprises. As we said above, affected by the epidemic, many domestic enterprises cannot actively participate in the farewell meeting of competition with other enterprises in the same industry in a short period of time. In the process of continuously increasing their orders, the relevant departments can also provide opportunities for these enterprises to participate in foreign debt. When enterprises give full play to the effect of driving foreign users to increase their orders, this will not only help the development of relevant enterprises in China, It also solves the problem of insufficient foreign trade orders in China.

Moreover, we can also solve the problem by opening the surrounding markets. There is often a saying in China that "distant relatives are inferior to close neighbors". We can also refer to this view in business.


Now, ASEAN, which is close to us, is China's most important trade partner. In the first 10 months of last year, the total trade volume between China and ASEAN has increased by 15%, which means that China will make it clear that ASEAN will be the main partner of our foreign trade market in the future. If we want to save this loss of orders, we can start from the surrounding markets.

The last method is to vigorously support the development of cross-border e-commerce. China, as the country with the most voice in the development of e-commerce industry, has rich experience in e-commerce development. In the future, if China wants to improve the relevant departments of foreign trade orders, it can also solve the problem by vigorously supporting e-commerce.

Conclusion

To sum up, even though China is now the second largest economy in the world, we still cannot ignore the importance of import and export trade for China's development. Although boosting consumption after the epidemic is our main goal, foreign orders are still very important for the long-term development of China's economy.

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