Promote And Improve The Development Level Of Processing Trade
my country will take practical measures to expand high-level opening up to the outside world. Ten departments including the Ministry of Commerce issued the "Opinions on Improving the Development Level of Processing Trade", fully affirming the importance of developing processing trade, introducing a series of support measures to optimize the development environment of processing trade and promote the high-level development of processing trade.
At the beginning of reform and opening up, our country seized the opportunity of the rapid development of economic globalization and the great shift of global industries to encourage foreign investment, develop processing trade, undertake global manufacturing and processing business, and successfully embedded itself in the international industrial division of labor system, which effectively promoted my country's industrialization process and broadened the scope of employment space, expand the scale of import and export, increase trade surplus, improve the international balance of payments, enhance the strength of the national economy, and establish itself as the world's manufacturing center.
Entering a new era, the international economic environment has undergone profound changes. my country has entered a new stage of high-quality development and is seeking to build a new development pattern. Processing trade has assumed a new era function.
In the face of major changes in the world economy unseen in a century, the trend of anti-globalization is on the rise, the international production division of labor system and the international investment system are shrinking, international trade and international investment are declining, and the external challenges facing my country's economic structural transformation and upgrading and high-quality development are increasing. The high-level development of processing trade carries the functions of ensuring my country's integration into the international production division of labor system, maintaining close ties with the world economy, and achieving high-level open development. It plays an important role in stabilizing international trade and investment, and stabilizing industrial and supply chains.
In the high-quality development stage of my country's economy, economic development mainly relies on technological innovation, total factor productivity improvement and economic structure upgrading to replace the expansion of capital and labor factor input scale to promote economic growth. The transformation of the growth structure is accompanied by an increase in structural unemployment. To achieve progress while maintaining stability, the development of processing trade needs to play the role of stabilizing employment. It also needs to improve the development level of processing trade, promote processing trade to strengthen research and development and technological transformation, improve manufacturing levels and product added value, and give full play to its role in promoting products and industrial structure. Upgrade to realize the function of innovative development.
It is necessary to narrow the regional development gap and achieve balanced development. In the past, processing trade was concentrated in coastal areas of my country. Faced with the pressure of rapidly rising labor costs, real estate costs, environmental costs, etc. in coastal areas, processing trade seeks location transfers, promotes transfers to relatively low-cost regional gradients such as the central and western regions, border areas, and northeastern regions, and strengthens key undertaking areas, The construction of carriers such as processing trade transfer demonstration sites and national processing trade industrial parks uses the development of processing trade to drive the opening up and economic development of relevant areas, which will help promote the industrialization process in backward areas and narrow the regional development gap.
In accelerating the construction of a new development pattern in which the domestic cycle is the main body and the domestic and international dual cycles promote each other, processing trade has a unique function as an important trade method that connects the two domestic and international markets and connects the domestic and international dual cycles. Promoting the high-level development of processing trade will help further utilize both domestic and international resources, expand resource allocation space, consolidate the advantages of the large domestic market, promote the domestic economic cycle, help stabilize the scale of foreign trade and foreign investment, consolidate the status of a major foreign trade and investment country, and ensure Be firmly embedded in the international division of labor system, participate in the international economic cycle, and consolidate the industrial foundation for moving towards a strong trade and investment country.
In the newly released "Opinions", it is encouraged to carry out processing trade of high value-added products, give full play to its role of radiation and technology spillover, promote the development and optimization and upgrading of industrial clusters, promote the development of bonded maintenance business, guide and support the gradient transfer of processing trade, and strengthen finance and taxation. Financial support for processing trade, strengthening the protection of processing trade elements, optimizing processing trade management and services, supporting the expansion of the domestic market, promoting the integration of domestic and foreign trade, and improving supporting policies and measures for processing trade will create a good environment for the sustainable and healthy development of processing trade, and processing trade is expected to Unleash greater functionality at a high level of development.