China Central Television News reported on May 18 that since the beginning of this year, China has continued to promote trade liberalization and facilitation, unswervingly promoted high-level opening-up and promoted high-quality trade development. The latest data show that driven by a series of trade facilitation measures, China’s customs clearance efficiency of goods has been continuously improved. The overall customs clearance time of imported goods has been reduced from about 4 days in 2017 to less than 1.5 days now; The overall customs clearance time of export goods has been reduced from about 12 hours in 2017 to about 1.2 hours now. At the same time, China has continuously unblocked international logistics channels, and the monthly traffic volume of China EU trains has remained more than 1000 for 24 consecutive months. At present, the logistics network of the new land and sea channel in the West has been expanded to 316 ports in 107 countries and regions around the world.
Guangyin international pointed out that the fluctuation of global demand for Chinese products and the weakness of Chinese demand slowed down the growth of China’s foreign trade in the first quarter. Although the growth momentum of China’s overall trade activities may continue to slow down due to multiple risk factors in the second quarter of 2022, it is expected that policy makers will increase support, focus on the development of cross-border e-commerce and other innovations that can promote the development of foreign trade, actively promote the integrated development of domestic and foreign trade, and further enhance the development momentum of China’s foreign trade industry, It is expected that China’s foreign trade industry will continue to operate within a reasonable range in 2022.
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