At the press conference of the State Council Information Office on February 24, the Ministry of Commerce said that the development situation of foreign trade and foreign investment this year is grim and complex, with both challenges and opportunities. It has made multiple arrangements to stabilize the basic situation of foreign trade and foreign investment. Among them, in terms of stabilizing foreign trade, we will focus on the implementation of the plan of preferential import and export, the plan of trade industry integration and the plan of smooth trade; in terms of stabilizing foreign investment, we will continue to unswervingly expand the opening up, promote the lowering of the entry threshold for foreign investment, actively promote the construction of open platforms, and create a better business environment, so as to make efforts to promote the utilization of foreign capital to stabilize the total amount, optimize the structure, and improve the quality.
Wang Wentao, Minister of Commerce, said at the press conference that the foreign trade situation in 2021 will be grim and complex. This year's goal is to firmly stabilize the basic situation of foreign trade and foreign investment, and focus on the implementation of the plan of preferential import and export, the plan of trade industry integration and the plan of smooth trade. First, we should continue to strengthen policy support. The Ministry of Commerce will maintain the continuity, stability and sustainability of policies with local authorities and relevant departments. The Ministry of commerce is now regularly listening to the problems and voices reflected by foreign trade enterprises, such as solving the problems of poor international logistics and high logistics costs, consolidating and improving export credit insurance, maintaining the continuity and stability of policies, and timely adjusting policies in the face of new situations.
The second is to ensure the stability and smooth flow of foreign trade industry chain and supply chain. We should work hard on the integration and development of trade and industry, identify a number of new foreign trade transformation and upgrading bases, and cultivate a number of processing trade industrial parks. The Ministry of Commerce will also build a number of national import trade promotion and innovation demonstration zones, expand the scale of imports, and drive related industries to improve quality and efficiency.
Third, help foreign trade enterprises stabilize orders and expand market. We will make good use of the important exhibition platforms such as the fourth China International Trade Fair and the 2021 service trade fair, and make contributions to stabilizing orders and expanding the market for enterprises. At the same time, according to the changes of the epidemic situation, the online and offline forces are synchronized. It will also strengthen the construction of international marketing system, especially the upgrading and development of overseas warehouses, and promote the integration of domestic and foreign trade. It will also work one more trade mechanism with one more trading partner, one particularly the "one belt, one road", to create a good international environment for foreign trade enterprises.
Fourth, we should actively cultivate new forms and models of foreign trade. After the epidemic, new business forms and new modes of foreign trade have played an important role, such as cross-border e-commerce and market procurement trade. In 2020, the import and export of cross-border e-commerce will reach 1.69 trillion yuan, an increase of 31.1%. In 2020, the export of market procurement will reach 704.54 billion yuan, an increase of 25.2%. In the next step, the Ministry of Commerce will further expand its support for new formats and models, and make contributions to stabilizing foreign trade this year.
Regarding the situation of stabilizing foreign investment this year, Wang Wentao said that China's actual use of foreign investment in non-financial fields increased by 4.5% last year, becoming the world's largest inflow of foreign investment. The situation in January this year was also relatively good. "However, our judgment on this year is the same as that on stabilizing foreign trade. The situation of stabilizing foreign investment is grim and complex because of its uncertainty." Wang Wentao said that this year's global FDI will further drop by 5% - 10% on the basis of last year's 42% drop. The situation is grim, but opportunities also exist. The Ministry of Commerce will, in accordance with the decision-making and deployment of the Party Central Committee and the State Council, strive to stabilize the total amount, optimize the structure and improve the quality of foreign capital utilization.