On the biggest challenge in the second half of the year, Minister of Commerce Zhong Shan, in response to the CCTV news "Relativity" given the "Minister's Answer Board" questions, selected three answers: stabilize foreign trade, stabilize foreign investment, promote consumption.

Talking about the situation in the second half of the year, Zhong Shan said, more complex and severe, to work in three areas:

First, in the main body of stable foreign trade. Zhong Shan said that in the second half of the year, the impact of the world economic downturn on demand will be further revealed, the industrial chain supply chain is blocked, foreign trade enterprises are still under great pressure. Therefore, we must work on stabilizing the main body of foreign trade, stabilize the market, stabilize the industrial chain supply chain.

Zhong Shan: We should implement policies on fiscal, taxation, finance and insurance to help enterprises develop international markets and promote the construction of international marketing networks. Encourage enterprises to innovate and develop, expand cross-border e-commerce and market procurement pilot projects, and stimulate the vitality of enterprises. Prepare to organize the third Fair.

Secondly, efforts will be made to stabilize the stock of foreign investment and expand its growth. Zhong Shan said, China has a huge market of 1.4 billion people, a perfect industrial support system, and the business environment continues to improve, I believe that smart foreign investors will not give up the Chinese market. In the second half of the year, we should make greater efforts to promote reform and opening up, and optimize the business environment by deepening reform.

Zhong Shan: further expand opening up, increase the pilot pilot free trade zone, the implementation of the overall program of Hainan Free Trade Port, to create a stable, fair and transparent business environment, so that foreign businessmen can rest assured, at ease, and have the development.

Third, work on promoting consumption. Accelerate the formation of a new development pattern with the domestic macrocycle as the main body and the domestic and international double cycle promoting each other.

Zhongshan: Enhance urban consumption, promote the renovation and upgrading of pedestrian streets, and develop chain convenience stores. Expanding rural consumption, promoting e-commerce into rural areas, promoting industrial products to the countryside, agricultural products to the city. The development of service consumption, to better meet the people's needs for a better life.

Expanded

Half year, "better than expected"

Commerce Minister Zhong Shan, in an interview with CCTV News "Relativity", said that in the first half of the year, the new Crown pneumonia epidemic global spread, the world economy in deep recession, international demand and cross-border investment fell sharply, the domestic market demand was hit, China's foreign trade, foreign investment and consumption face unprecedented difficulties and challenges. However, through the national up and down *** with efforts, foreign trade, foreign investment and consumption stabilized and better than expected.

From the point of view of foreign trade, China's global market share rose, private enterprises have become the "stabilizer" of foreign trade, pulling the contribution rate of exports reached 95%. Cross-border e-commerce exports grew by 29%, and new forms and modes of foreign trade have become new growth points.

From the point of view of foreign investment, China's utilization of foreign capital is basically stable, and positive growth was achieved in the second quarter. The number of large foreign investment projects increased, and foreign investment in the Pilot Free Trade Zone increased by 16%.

From the consumption point of view, in stabilizing the basic foreign trade and foreign investment at the same time, China's commodity consumption in the first half of the year also month by month rebound, in June has been close to the level of the same period last year. Online consumption has become a new bright spot, up 14 percent year-on-year.

CCTV News - Exclusive - Minister's Answer Board丨Minister of Commerce Zhong Shan: three biggest challenges in the second half of the year