The State Council issued “Opinions” calling for focusing on promoting “five changes” in foreign trade

On May 12, the State Council issued “Several Opinions on Accelerating the Cultivation of New Competitive Advantages in Foreign Trade.” The “Opinions” require that by 2020, we will strive to further consolidate the traditional advantages of foreign trade and make substantial progress in cultivating new competitive advantages.
The “Opinions” propose that by 2020, we will strive to further consolidate the traditional advantages of foreign trade and make substantial progress in cultivating new competitive advantages. Focus on optimizing the layout of the international market and promote market diversification; focus on optimizing the domestic regional layout and promote the coordinated development of the east, middle and west; focus on optimizing the structure of foreign trade commodities and increase the added value and technological content of exports; focus on optimizing the structure of business entities and promote the common development of all types of enterprises ; Focus on optimizing trade methods and promote the transformation and upgrading of foreign trade.
The “Opinions” also proposed to vigorously promote the transformation of my country’s foreign trade from scale and speed to quality and efficiency, and strive to achieve five transformations: first, promote the transformation of exports from mainly goods to a combination of goods, services, technology, and capital exports; second, promote The competitive advantage has shifted from price advantage to a comprehensive competitive advantage with technology, brand, quality and service as the core; the third is to promote the transformation of growth momentum from factor-driven to innovation-driven; the fourth is to promote the business environment from policy guidance to System standards and the creation of a legalized international business environment have changed; fifthly, the status of global economic governance has been promoted from abiding by and adapting to international economic and trade rules to actively participating in the formulation of international economic and trade rules.