On January 13, 2015, the General Administration of Customs released statistical data. In 2014, China’s total import and export value was US$430.03 billion, a year-on-year increase of 3.4%. Sun Jiwen, spokesperson of the Ministry of Commerce, said in a speech on the speed of import and export growth that the media is concerned about. In 2014, China’s foreign trade maintained steady growth, and the growth rate of imports and exports was faster than that of the world’s major economies and emerging developing countries, accounting for a stable global market share. With the rise, continue to maintain the status of the world's first major trade in goods. Excluding the impact of the abnormal trade base factor in some parts of 2013, China's imports and exports actually increased by 6.1%, and the actual growth of exports was 8.7%, exceeding the expected growth target at the beginning of last year. What is especially gratifying is that while China's foreign trade is maintaining growth, the quality and efficiency of its growth are further enhanced, and its contribution to the national economy is further enhanced.
Sun Jiwen pointed out that the growth rate of foreign trade is mainly affected by many factors such as international market demand, industrial competitiveness and business environment. In 2014, China's foreign trade faced complex and severe domestic and international situations. The world economy is still in a period of deep adjustment after the international financial crisis, and the growth of demand in the international market is weak; the cost of labor, land, resources, energy and other factors has risen, and the traditional competitive advantage of foreign trade has weakened; the turbulence in some regions has increased the risk of international trade. And uncertainty, these have adversely affected the steady growth of China's foreign trade.
Sun Jiwen emphasized that in addition to the above factors, the slowdown in import growth in 2014 also had a direct impact on the annual import and export growth rate. Due to the fall in commodity prices, China’s import volume has fallen, which has objectively lowered the growth rate of imports. The increase in the number of eight types of products such as crude oil, iron ore, copper concentrate, copper, fertilizer, rubber, grain and soybeans was between 9.5% and 3.38%, but the import prices all dropped significantly. Imports of foreign exchange payments decreased by about 46 billion U.S. dollars, pulling down the growth rate of imports by 2.4 percentage points. It should be pointed out that the increase in the import volume of bulk commodities is conducive to enterprises to reduce costs, improve import efficiency and international competitiveness, and is also conducive to promoting consumption and benefiting people's livelihood.
Sun Jiwen said that the international environment and domestic development conditions for China's foreign trade development have undergone major changes. The era of rapid growth in foreign trade for more than 30 years is gone, and has entered a new normal. Observing and evaluating a country's foreign trade growth rate should be compared internationally in the international context. In 2015, the situation facing China's foreign trade development is still complicated and grim. In the face of new situations, new situations and new challenges, we will, in accordance with the decision-making arrangements of the Party Central Committee and the State Council, comprehensively consider and comprehensively apply the international and domestic markets, two kinds of resources, and two types of rules, and actively adapt to the new normal of foreign trade development. Grasping the main line of transforming the development mode of foreign trade, highlighting the drive for innovation, improving export expansion and import policies, striving to consolidate the traditional advantages of foreign trade, accelerating the cultivation of new advantages in foreign trade competition with technology, brand, quality and service as the core, and striving to maintain stable foreign trade Growth, continue to play a supporting role for exports in economic development and make greater contributions to national economic and social development.
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