At the end of march and the beginning of April, the sino-us trade delegation will conduct two rounds of consultations “on a case-by-case basis”

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According to the latest information from the ministry of commerce, the us trade delegation will visit China from March 28 to 29 for the eighth round of china-us high-level trade consultations, and the Chinese delegation will visit the us in early April for the ninth round of china-us high-level trade consultations.

On March 21, held a press conference on the ministry of commerce, peak spokesman confirmed that the media of the political bureau of the CPC central committee, vice premier of the state council, the Chinese people led by liu crane and the comprehensive economic dialogue the us trade representative, Wright jersey, the us Treasury secretary, Mr Qin, recently held several rounds of telephone consultations on china-us economic and trade issues.The two sides agreed that lighthizer and mnuchin will visit China at invitation from March 28 to 29 and hold the eighth round of china-us high-level economic and trade consultations in Beijing. Vice premier liu he will visit the us at invitation in early April and hold the ninth round of china-us high-level economic and trade consultations in Washington.

Promoting the foreign investment law

Supporting legislation

In addition, at the regular press conference on the same day, some media asked that the foreign investment law has been passed the second session of the 13th National People’s Congress for deliberation. At present, the industry is very concerned about the specific implementation rules.What aspects of the specification will be highlighted?

In response, gao feng said that on March 15, the second session of the 13th National People’s Congress deliberated and passed the foreign investment law, which will take effect on January 1, 2020.In order to ensure the smooth implementation of the foreign investment law, the ministry of commerce is working with relevant departments to actively promote the formulation of supporting regulations of the foreign investment law.At the same time, the ministry of commerce is also comprehensively cleaning up the existing regulations on foreign investment management and promoting the related work of “abolishment, reform and establishment” as a whole.

Gao also said that during the process, the ministry of commerce will actively and earnestly listen to the opinions and Suggestions of foreign-invested enterprises and other relevant parties.

Imports and exports are expected to remain stable in the first quarter

Gao feng said that from the current situation, the growth rate of import and export picked up in early march, and it is expected that China’s import and export will remain stable in the first quarter of this year.In the first two months of this year, the value of China’s foreign trade increased by 0.7 percent year-on-year in yuan terms, but decreased by 3.9 percent in dollar terms.

The peak explained that this is mainly affected by the Spring Festival factor.Foreign trade enterprises in the past years before and after the Spring Festival will appear “concentrated export before the festival, import after the festival first” business characteristics, from the historical data, the month where the Spring Festival import and export have certain fluctuations.This year’s Spring Festival is 11 days earlier than last year’s, and the New Year’s eve to the 15th day of the first lunar month are all in February, leading to the impact of the Spring Festival concentrated in February.

“Judging from the current situation, the growth rate of imports and exports picked up in the first half of march, and it is expected that China’s imports and exports will remain stable in the first quarter of this year.”Gao feng said that in the whole year, although the external environment of China’s foreign trade development is uncertain and unstable factors increase, but the endogenous force is still growing.

Gao said that in the next step, the ministry of commerce will continue to promote the implementation of policies to stabilize foreign trade, strengthen relevant policy reserves, and at the same time, through market diversification, support cross-border e-commerce and other new business forms, accelerate the level of trade facilitation and other measures to promote steady and quality foreign trade.


Post time: Mar-25-2019
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