Foreign Trade Data Will Reflect China'S Capital Export Characteristics.
Capital technology intensive products
Export focus
Gao Hucheng said that the characteristics of capital export will be reflected in the foreign trade data.
A large part of China's foreign investment goes out in the form of buying Chinese equipment.
Whether it is high speed rail, thermal power or hydropower, the price performance of Chinese equipment is the best in the world, which is why many countries, including some developed countries, choose Chinese products.
It is worth mentioning that the choice of Chinese equipment is bound to choose Chinese services, which is almost linked.
From this point, we can see the improvement of China's foreign trade quality and the increase of its added value.
China joins
WTO
Since the rapid economic development, trade and foreign direct investment have shown strong growth. China has begun to achieve "export of commodities" to "
Export of capital
The change of role.
China has become a big exporter of capital at present.
Traditional products such as clothing, toys and other low value-added products are fading out of people's vision and replacing them with the export of high value-added products.
From high-speed rail, nuclear power to thermal power, hydropower and high-end equipment manufacturing industry, more and more capital and technology intensive products are becoming the highlight of China's exports.
In the past many fields, because the development of Chinese equipment did not reach the corresponding level, it simply couldn't get in.
For example, power generation equipment was imported in China for a long time. Now many of the imported partners have become partners in China and even become partners in the purchase of local equipment produced in China. This is a very big change.
The further expansion of China's market depends entirely on the improvement of China's own competitiveness and the market created by its own development.
"One belt and one road" is a long-term strategic vision.
Gao Hucheng said that while promoting the Asia Pacific Free Trade Zone, our country put forward the strategic concept of "one belt and one road".
This strategy has received great attention from the international community and enthusiastic response from the countries along the line. Some media say the strategy is very similar to the Marshall plan after World War II.
"One belt and one road" has nothing to compare with the Marshall plan.
The Asian infrastructure investment bank is actually an addition to the whole global financial governance structure. It is an open system. Some countries in the region and outside the region are discussing the construction of Asia Investment Bank.
It can be seen that the strategic concept of "one belt and one road" is different from the Marshall aid plan. Its proposal means more cooperation and win-win, complementary advantages and common prosperity and development.
For the strategy of "one belt and one road", Gao said that more than 50 countries involved in 65 countries have clearly proposed to establish institutional arrangements with China to build "one belt and one road".
Some of these countries are rich in energy resources, some of them are vast, and others are in urgent need of infrastructure. In short, they have great complementarities and differences with China.
While giving full play to its own advantages, China also needs to develop complementary fields with other countries. "One belt and one road" is a strategic vision for China's long-term development along the lines.
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