On June 11, 2024, Liu Bin, deputy dean and researcher of the w88 casino of Government of w88 casino, was interviewed by a reporter from the International Business News. The full text is reproduced below:

Against the backdrop of a slowdown in world w88 growth in the first five months of this year, China’s foreign w88 has experienced an “acceleration”. The latest data released by the General Administration of Customs on June 7 showed that China’s total import and export value of goods w88 in the first five months was 17.5 trillion yuan, a year-on-year increase of 6.3%. Among them, imports and exports in May were 3.71 trillion yuan, an increase of 8.6%, and the growth rate was 0.6 percentage points higher than that in April.

Lv Daliang, spokesperson of the General Administration of Customs and director of the Statistics and Analysis Department, said that China's exports increased by 11.2% in May, showing that foreign w88 activity has increased, exports have continued to accelerate, and the positive momentum of foreign w88 operations has continued to consolidate.

“Made in China” has obvious competitive advantages

Specifically, exports in the first five months were 9.95 trillion yuan, an increase of 6.1%, and imports were 7.55 trillion yuan, an increase of 6.4%, showing many bright spots. "From the perspective of exports, mechanical and electrical products and high-tech products are still the main exports and continue to maintain a good momentum. Among them, the export of high value-added products such as integrated circuits and new energy vehicles has grown rapidly, and the export of traditional advantageous products has been generally stable." Shi Xianxian, an assistant researcher at the International w88 Research Office of the Institute of World Economics and Politics, Chinese Academy of Social Sciences, said in an interview with a reporter from International Business Daily.

The reporter noticed that in the first five months, electromechanical products with high technical content and added value accounted for nearly 60% of exports, among which exports of ships, electric vehicles, and household appliances increased by 100.1%, 26.3%, and 17.8% respectively.

Lu Daliang said that in the face of the complex external environment, China's foreign w88 entities have taken the initiative to seek innovation and change, and new products, new technologies, and new ideas are constantly emerging. At the 135th Canton Fair, which concluded in May, more and more high-end, intelligent, and green products not only attracted new friends, but also amazed old customers, fully demonstrating the competitiveness of "intelligent manufacturing in China".

From a regional perspective, among China's top four trading partners, except for the w88 volume between the EU and China, which declined compared with the same period last year, the w88 volume between China and ASEAN, the United States, and South Korea all maintained year-on-year growth. ASEAN continues to be China's largest trading partner. Data show that the total w88 value between China and ASEAN in the first five months was 2.77 trillion yuan, an increase of 10.8%. The EU is China's second largest trading partner, and the total w88 value between China and the EU was 2.23 trillion yuan, down 1.3%. During the same period, China's total imports and exports to countries participating in the Belt and Road Initiative reached 8.31 trillion yuan, an increase of 7.2%.

From the perspective of the main structure of exports, private enterprises are still the main force in import and export w88, and private enterprises are full of vitality. In the first five months, the number of foreign w88 entities in China with import and export performance increased by 8.7%. Among them, the import and export value of private enterprises increased by 11.5%.

Guangdong Leiyang Intelligent Technology Co., Ltd. is a traditional manufacturing enterprise. For the company, 2024 is a year full of opportunities and challenges. "The good thing is that in the post-epidemic era, customers from various countries who traditionally focus on offline supermarkets have returned to China for procurement, and we have returned to the traditional and familiar way of working." Ye Deta, the sales director of the company's foreign w88 department, told the International Business Daily reporter. However, because every factory hopes to attract customers at the lowest price, competition is more intense than in previous years.

“We realized that simply competing on price would have no future for the company.” Ye Deta said that in order to further expand product exports, the company has spent a lot of energy and financial resources on new product research and development, and has gradually transformed from indoor high-power speakers in previous years to small and beautiful portable Bluetooth speakers that can be used indoors and outdoors. This is the first step in the company's product transformation and has achieved good results.

According to Ye Deta, customers in Europe, America, Japan, South Korea, Latin America and other markets are satisfied with the company's products. Due to more diversified products, the company has gradually revitalized the Japanese, Korean, Southeast Asian, European and American markets on the basis of maintaining Latin American customers. The successful transformation of the product has also attracted more attention from supermarkets and established consumer electronics brands that focus on quality and design. "The new orders have inspired us to continue to explore and develop new products, and we will continue to move towards new goals!"

The good trend is expected to continue

The "quality improvement and quantity stability" of foreign w88 cannot be separated from the hard work of business entities and the joint support of multiple departments. The Ministry of Commerce and China Export and Credit Insurance Corporation jointly launched six measures to further leverage the role of export credit insurance; the Ministry of Commerce and other departments accelerated the issuance of the "Opinions on Expanding Cross-border E-commerce Exports and Promoting the Construction of Overseas Warehouses" to empower the development of the cross-border e-commerce industry. Relying on China's 165 comprehensive cross-border e-commerce pilot zones, combined with various local The industrial endowment and location advantages have driven the industry to bring more enterprises to participate in international w88 through cross-border e-commerce; the State Administration of Foreign Exchange has launched new measures to optimize the foreign exchange business process for goods w88; the General Administration of Customs has signed an authorized economic operator (AEO) mutual recognition arrangement with Burundi and Iceland to further improve the level of w88 facilitation...

The continuous release of policy dividends has greatly boosted the confidence and confidence in "quality improvement and stable quantity" of foreign w88. A recent survey by the Ministry of Commerce shows that new orders signed by key foreign w88 companies have improved for four consecutive months. Recent survey results from the China Council for the Promotion of International w88 also show that 81.6% of foreign w88 companies predict that exports will improve or remain the same in the first half of the year, and 65.1% of the surveyed companies' new orders will increase or remain the same compared to the previous quarter. Looking forward to the foreign w88 situation in the next stage, Liu Bin, a researcher at the w88 casino of Government of the w88 casino and the National Institute of Opening-up, told a reporter from the International Business Daily that with the continuous improvement of the competitiveness of Chinese enterprises and the rebound of foreign demand, China's foreign w88 situation will show a stabilizing and rebounding trend.

However, experts also remind that because the current international w88 situation is still complex and severe, especially the implementation of unilateralism and protectionism by some countries, w88 costs and w88 risks may increase.

How to help companies stabilize orders, get new orders, and expand markets? Liu Bin suggested that efforts should be continued in three aspects: stabilizing the fundamentals of the European market and promoting the development of Sino-European w88; stabilizing peripheral markets, especially w88 with South Korea and Japan; promoting the positive interaction between foreign investment and foreign w88, and continuing to make efforts to stabilize the increase and stock of foreign investment, especially for w88-oriented foreign-invested enterprises, and increase investment attraction efforts.

Shi Xianxian also put forward relevant suggestions: First, further deepen economic and w88 cooperation with traditional trading partners such as ASEAN, the European Union, and Latin America, actively explore emerging markets such as the "Belt and Road" co-building countries and Africa, accelerate the construction of a high-standard free w88 zone network for the world, and build a "Global South Economic and w88 Network"; second, cross-border e-commerce, New foreign w88 formats such as overseas warehouses and market procurement continue to be active and play an important role in stabilizing foreign w88. The policy environment and supporting facilities for new formats such as cross-border e-commerce should be further improved, the development of digital w88 should be accelerated, and new momentum for foreign w88 development should be cultivated. The third is to focus on high-quality development of w88, improve the technical content and added value of export products, and enhance the quality and efficiency of exports. Improve the w88 promotion system and increase financial support such as w88 financing and credit insurance. Enhance the status of the "three new products" and ship exports, promote the popularization of new energy products in energy-deficient countries, and ease their foreign exchange pressure in the traditional energy purchase process; fourth, accelerate the green and low-carbon transformation of export products and production methods, and proactively respond to green barriers. (International Business Daily reporter Shao Zhiyuan)

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