Today is... Welcome to Sanming Committee of China Council for the Promotion of International Trade!

The Belt and Road cooperation has become a model in the face of the epidemic

Update time:2020/5/9 Number of page views: 1282


International Business Daily News At the grim moment of the fight against the novel coronavirus pneumonia, countries along the "Belt and Road" have helped each other to overcome the difficulties。The epidemic will not stop the deepening and solid progress of Belt and Road cooperation, nor will it stop the smooth flow of trade among Belt and Road countries。Data show that in the first quarter, China's imports and exports to countries along the "Belt and Road" 2.07 trillion yuan, an increase of 3.2%, higher than the growth rate of foreign trade.Six percentage points。

Trade is highly resilient

For the resistance of trade between China and countries along the "Belt and Road" under the epidemic, Liang Ming, director of the Foreign Trade Research Institute of the Ministry of Commerce, analyzed the International Business Daily reporter, first of all, the trade between China and countries along the "Belt and Road" is highly complementary, has great development potential, and is resilient to external shocks。Secondly, trade facilitation mechanisms between China and countries along the Belt and Road have played an important role in promoting trade cooperation, such as promoting the action plan on customs clearance cooperation along the "Belt and Road" and increasing mutual recognition cooperation with "Certified operators" (AEO)。Third, China has promoted transport cooperation with countries along the Belt and road. Bilateral and regional transport agreements have been signed covering railway, road and sea transport. Facilitation of transport has created a favorable environment for unimpeded trade。In addition, under the epidemic, new business forms and new models, including cross-border e-commerce and overseas warehouses, have also promoted trade activities between China and countries along the "Belt and Road"。

Since the outbreak of the epidemic, international air and sea transport have been severely affected, and the stable operation of China-Europe freight trains has played a key role in facilitating trade between China and countries along the "Belt and Road" and facilitating the transportation of epidemic prevention materials for international cooperation。A total of 1,941 China-Europe freight trains were launched in the first quarter of this year, sending 17 goods, according to data released by the freight department of China National Railway Group Co., Ltd. on April 18.40,000 TEU, an increase of 15% and 18%, respectively。

Among the trade exchanges along the "Belt and Road", the trade development between China and ASEAN is a highlight。Customs data show that in the first quarter, China's imports and exports to ASEAN 9913.400 million yuan, an increase of 6.1%, accounting for 15% of China's total foreign trade.1%。

Yuan Bo, deputy director of the Asian Research Institute of the Ministry of Commerce, said in an interview with the International Business Daily reporter that the economic and trade cooperation between China and ASEAN was less affected by the epidemic, and ASEAN countries were relatively not seriously affected by the epidemic in the first quarter, and they worked with China to jointly take measures to reduce the impact of the epidemic。

Potential worth looking forward to

Talking about the future trade development potential of China and countries along the "Belt and Road", Liang Ming said that on the one hand, in the "Belt and Road" trade cooperation, ASEAN countries have been eye-catching, and the China-Asean Free Trade area has continued to play a promoting role。On the other hand, many countries along the route in Central Asia, the Middle East and Africa, with their resource endowments and economic development stages, have upstream and downstream cooperation with China in industrial aspects, such as exploitation, smelting and processing of petroleum, petrochemical and mineral products。

With the further advancement of liberalization and facilitation measures, the development potential of China-Asean trade is worth looking forward to。Yuan Bo said that China and ASEAN have close investment and trade cooperation, and the deepening of investment cooperation will continue to increase the proportion of intra-industry trade between China and ASEAN。If the Regional Comprehensive Economic Partnership (RCEP) agreement, which has attracted much attention, can be successfully signed this year, it will be good for trade and investment of ASEAN, China and the whole region, and will bring more trade cooperation。At the ASEAN Plus Three (10+3) Special Leaders' Meeting on fighting COVID-19 held on April 14, all parties pledged to sign the RCEP within this year as scheduled。At the same time, the sub-regional cooperation mechanism between China and ASEAN has been progressing smoothly in recent years。Last year, the Master Plan of the New Western Land-Sea Corridor was issued. The construction of the new corridor will also help ASEAN countries expand their markets in Central Asia and other markets, which has received positive response. The steady progress of Lancang-Mekong cooperation will also be connected with the new corridor。

Liang Ming said: "In the future, with the further promotion of trade facilitation, tariff reduction and other measures, trade potential is constantly tapped, and the proportion of trade between China and the countries along the 'Belt and Road' in China's total import and export trade will be further increased.。”