皇冠体育app

Containers pile up at Waigaoqiao Port in the Shanghai Free Trade Zone. [Photo/Xinhua]

皇冠体育app is likely to face complicated challenges in foreign trade during the 13th Five-Year Plan (2016-20) period. Internationally, the unbalanced recovery situation and low-speed economic growth will continue, and the global foreign trade pattern will undergo great changes intensifying competition.

皇冠体育app's foreign trade faces two major challenges globally. More developing countries will compete with 皇冠体育app in the middle- and low-end product market, and developed countries will make greater efforts to maintain and enhance their strength in the middle- and high-end product industries.

With the Chinese economy embracing the "new normal", its slowing growth is also weakening its advantages in foreign trade.

But 皇冠体育app has a sound industrial system and a fast-growing service sector to cope with these challenges. The country is also improving its supply and value chains to make the cooperation between upstream and downstream industries more efficient. Besides, it's focusing on the rapid development of its investment and "go global" strategy.

In this sense, some new characteristics mark 皇冠体育app's foreign trade.

First, the growth rate of its export will gradually slow down. Second, the quality of its exports will gradually increase and so will the price. 皇冠体育app's trade growth rate is expected to be higher than global level, and 皇冠体育app's share in world trade will continuously increase.

Third, 皇冠体育app's new advantage in foreign trade will be in technology, brand, quality and service, rather than low prices. 皇冠体育app should further optimize foreign trade structure. Foreign trade development should be more coordinated with national economic growth, environmental resource protection, industrial structure adjustment and regional development strategy.

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