China's import and export business environment has played a positive role in promoting international trade due to its remarkable epidemic prevention and control effect. First, imports and exports grew in tandem. Imports and exports of goods reached 39.1 trillion yuan last year, up 21.4 percent. Of this, exports grew by 21.2 percent and imports by 21.5 percent, with the volume of imports and exports reaching us $5 trillion and US $6 trillion respectively. Second, trade is diversified and growing fast. Among them, imports and exports to ASEAN, EU and US increased by 19.7%, 19.1% and 20.2% respectively. Third, business entities continued to grow. State-owned enterprises and private enterprises grew at the same time. Among them, the import and export of private enterprises increased by 26.7 percent, and their share increased by 2 percent to 48.6 percent. Fourth, the product mix has been improved. The export of high-tech and high value-added products grew rapidly. The export of mechanical and electrical products increased by 20.4%, and the export of new-energy vehicles tripled. Fifth, trade in services grew faster. Exports of knowledge-intensive services such as personal culture and entertainment and intellectual property royalties increased by 36.2 percent and 29.3 percent, respectively. Its enlightenment: first, China's supply chain is complete and complete. The competitive advantage of supply chain supports international trade. Second, diversified logistics channels to ensure smooth trade. Although sea freight rates have risen, the smooth flow of trade has been ensured by the china-Europe freight trains, the construction of new land-sea corridors and logistics and shipping management, offsetting trade risks to some extent. Third, international trade agreements have been deepened. Despite the impact of new trade protectionism and china-us trade disputes, the trend of global trade liberalization remains unchanged and is deepening. The RCEP, signed in 2021, has significantly reduced the cost of trade and investment for all member countries.

Next:Countermeasures for import and export enterprises to deal with international trade risks