In the face of the current world political and economic situation, there are two popular opinions in the field of public opinion, one is self-confidence, and the other is self-defeating. Under such circumstances, the word "protracted war" 82 years ago resurfaced, playing the role of turbidity and clearness. At the recent Politburo meeting of the CPC Central Committee, the Central Committee made major judgments such as "Peace and development are still the theme of the times" and "my country's development is still in a period of strategic opportunity", and put forward a series of targeted response ideas.
Specific to the field of foreign trade, the order defense battle is also a protracted battle. The global epidemic is still spreading. The number of confirmed cases of new crown pneumonia has exceeded 18 million. Many countries have to press the pause button to resume work and production. More importantly, the United States, the world’s number one power, does not take uniting all parties to fight the epidemic at heart. Instead, while re-imposing tariffs on Chinese goods, it does its utmost to suppress Chinese companies Huawei and ByteDance in an attempt to promote the world. "De-sinicization". In this regard, instead of sighing, entrepreneurs should carefully analyze the development situation of my country's foreign trade, strive to cultivate new opportunities in the crisis, and create new opportunities in the changing situation. This is very important for business decision-making.
First of all, the central government proposed to expand domestic demand as a strategic base point to accelerate the formation of a new development pattern with domestic and international cycles as the main body and mutual promotion of domestic and international cycles. Under this overall arrangement, my country has introduced a series of measures to stimulate consumption, the construction of "two new and one heavy", and regional coordinated development strategies. At the same time, foreign trade authorities have also introduced various policies for foreign trade enterprises to switch to domestic sales to solve problems for enterprises. In addition, my country has also established "green channels" and "fast channels" with many countries, laying the foundation for a smooth international circulation. At the 24th meeting of the China-Korea Joint Economic and Trade Committee held a few days ago, China and South Korea agreed to promote the signing of RCEP as scheduled within the year and advance the negotiation of a China-Japan-Korea free trade agreement. Companies interviewed by reporters said that while China is actively promoting the resumption of work and production, tapping the potential of domestic demand can solve the survival problem of foreign trade companies. “The key to stabilizing foreign trade is to keep foreign trade companies.”
Second, we must recognize the diversification of trade methods, which provides many foreign trade companies with leeway. my country currently has a variety of trade methods such as general trade, processing trade, cross-border e-commerce, and market procurement trade. Especially in recent years, my country has vigorously developed new trade formats, and cross-border e-commerce and market procurement trade suitable for small and medium-sized enterprises have received strong support and become an important starting point for stabilizing foreign trade. Just as Wei Jianguo, vice chairman of the China International Economic Exchange Center and former vice minister of the Ministry of Commerce, said in an interview with the media: "As the saying goes, the east is not bright and the west is bright. When general trade decreases, you can also rely on processing trade. If it doesn't work, it can speed up the development of cross-border e-commerce."
Third, the channels for obtaining orders are gradually increasing. The interviewed companies believed that the recent online Canton Fair and various digital exhibitions provided opportunities for businessmen who could not come to China to negotiate and at least maintained their customer relationships. With the restoration of domestic production and living order, some exhibitions are also being held one after another, which increases the possibility of enterprises obtaining orders. Some companies also said, “For digital exhibitions to achieve better results, they also need to upgrade service facilities, such as Caton’s network, cumbersome registration and participation procedures, etc.”
Finally, many companies actively transform and upgrade according to the new characteristics of demand. For example, the Hanbo Group, which has been on CCTV’s "News Broadcast", has made flexible transformations to its production line and realized "one piece order" and "small order quick return", thereby reducing losses caused by the epidemic. Analysts believe that with the rapid development of cross-border e-commerce, the development trend of foreign trade with multiple batches of small orders and personalized orders will become more obvious. Some labor-intensive companies in Southeast Asia, Africa and other regions have difficulty adapting to flexible production in terms of digital infrastructure and the quality of workers. This will result in their orders not being completed, and these orders may eventually return to China.
At present, various indicators of China’s economic development are gradually returning to normal, and domestic demand is gradually being released. As long as companies capture external demand while carrying out a self-revolution on the supply side, it is not only possible to achieve a breakthrough in the current predicament, but also to help China's high-quality development of foreign trade contributes to its own strength.
