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China News Service, July 17 The State Council Information Office today held a regular briefing on the State Council's policies to introduce relevant policies to support the steady growth of foreign trade. Vice Minister of Commerce Wang Shouwen said at the meeting that overall, China's export advantages still exist, such as the export of complete equipment this year.

Wang Shouwen said that according to WTO statistics, U.S. imports have declined this year, and imports in the EU market have also declined. Due to the decline in international market demand, my country's exports are also facing downward pressure. In addition, competition in various countries, rising labor costs, and a significant depreciation of exchange rates in some countries will cause my country's competitiveness to decline in some markets.

Wang Shouwen pointed out that overall, China's export advantages still exist. For example, the export of complete sets of equipment has performed very well this year. In the first five months of this year, the export of large-scale complete equipment reached 50 billion, an increase of more than 10%. Railway equipment is exported to more than 80 countries around the world, power equipment is exported to more than 50 countries around the world, and it has entered the markets of some developed countries such as the United States and Europe. Automobile companies such as Chery, Brilliance and JAC have already set up production bases overseas. Despite some difficulties, private enterprises have become the main force of exports. In the first half of this year, private enterprise exports increased by 6.9%. For example, Huawei expects exports to reach more than 10% this year, and Hisense expects exports to grow 30% this year.

Wang Shouwen also said that in the first half of the year, national exports increased by 1%, of which exports in the central and western regions increased by 5.2%, and general trade exports increased by 6.3%. Despite the pressure of international market demand and some other difficulties, private enterprises have developed rapidly, the product structure has been continuously optimized, and the potential for the development of foreign trade industries in the central and western regions has been tapped. Therefore, China’s foreign trade share in the international market It is still growing, which is very hard-won.

Wang Shouwen said: "We will further implement the relevant policies issued by the State Council, and we believe these policies will play an important role in supporting the development of foreign trade."

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