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Economy16:40, 15-Apr-2024 135th Canton Fair demonstrates vitality of China's foreign trade - CGTN The site of 135th China Import and Export Fair in Guangzhou, China, April 12, 2024. /CFP The 135th China Import and Export Fair, also known as the Canton Fair, commenced on Monday in Guangzhou, southern China's Guangdong Province. This year's spring canton fair boasts an exhibition area of 1.55 million square meters, the largest undertaking so far, with 28,600 companies participating in the export section, and 680 companies in the import section. A total of 144,000 overseas purchasers from 215 countries and regions have completed pre-registration as of last Saturday. Figures showed an increase in participation of 21.4 percent from the U.S., 13 percent from the Organization for Economic Cooperation and Development countries, 24.7 percent from Middle Eastern countries, 45.9 percent from Belt and Road Initiative participating nations and 15.5 percent from the Regional Comprehensive Economic Partnership member countries. Meanwhile, 288 leading enterprises as well as industrial and commercial institutions confirmed that they organized delegations to attend the event, marking an increase of 21.5 percent from the previous session. The large number of visitors at the exhibition area of the 135th China Import and Export Fair in Guangzhou, China, April 15, 2024. /CFP These figures speak volumes of both the event's global significance, as well as the vitality of the country's foreign trade. Apart from recording a new high in exhibition area size and the number of attendees, the latest edition of the Canton Fair also boasts several other highlights. Firstly, the export exhibition has placed a greater focus on new quality productive forces. Over 5,500 national-level high-tech enterprises, manufacturing champions, and specialized "little giants" will be featured at the event, representing a 20 percent surge from the previous edition. It is also expected that more than 1 million new products, over 450,000 green and low-carbon products, and over 250,000 independent intellectual property licensed products will be showcased. Foreign purchasers attracted by smart household products at the 135th China Import and Export Fair in Guangzhou, China, April 15, 2024. /CFP In addition, the fair has introduced new trade formats, by setting up a cross-border e-commerce comprehensive pilot area and overseas warehouse display area for the first time, covering an area of 3,000 square meters. The biannual event, held every spring and autumn, is the country's largest comprehensive trade show and one of the grandest events on the global trade calendar. Since its inception in 1957, the fair has attracted over 9.3 million overseas visitors and established partnerships with 195 global partners. Source: https://news.cgtn.com/news/2024-04-15/135th-Canton-Fair-demonstrates-vitality-of-China-s-foreign-trade-1sOO3Lhkoyk/p.html

Key Difference: The difference between the two is simply a technical difference. The term `hard disk` is derived from the metal platter or metal CD is that is mounted, which is responsible for storing the data. Now, the hard drive section is simply the actuator, actuator arm, actuator axis, spindle and the head. These parts combined are used to read and write the data on the metal platter. It is not uncommon knowledge that originally computers used to be huge and bulky and as time passed and technology improved, the size of the computers have reduced. From bulky large frame computers to the laptops that are available today, the reduction is size is most commonly attributed to the smaller size of the hard disk drive that used to read and write data on the device. The Hard Disk Drives, also known as HDDs, were introduced in 1956 by IBM and quickly dominated the market as a secondary storage device. From its introduction, the HDDs have constantly been modified and improved and have maintained this position into the modern era of storage devices. The actual term for these storage devices combine the two terms that are mentioned above: Hard Disk Drive or HDD. The reason for that is both the technologies are now combined in a single device. The difference between the two is simply a technical difference. Today, the both the term hard disk and hard drive are often used interchangeably to refer to the HDD. The way a modern HDD is designed includes a metal platter, spindle, head, actuator, actuator arm, actuator axis, power connector, jumper block and IDE connector. The term `hard disk` is derived from the metal platter or metal CD is that is mounted, which is responsible for storing the data. Now, the hard drive section is simply the actuator, actuator arm, actuator axis, spindle and the head. These parts combined are used to read and write the data on the metal platter. These make up the hard drive – or the technology that helps read the data on the device. The reason for the differences in the name exists because initially when HDDs were the size of refrigerators, the hard disk and the hard drive were separate from each other. The disks would need to be put into the drive in order for them to be read. Something like a CD is need to put into a CD drive in order for it to be read. However, today the technologies are commonly found together in a hard disk drive. Comparison between Hard Disk and Hard Drive: Sourse: https://www.differencebetween.info/difference-between-hard-disk-and-hard-drive

How does a hard drive work? An HDD includes two main elements; a spinning platter and an actuator arm. The platter is a circular magnetic disk containing tracks and sectors that retain data. The actuator arm moves across the platter to read and write data. The platter spins (hence the name) on a spindle to help speed up the read/write process as the actuator arm moves across it. The data sectors are spread out randomly (also known as fragmented) across the platter, and below we'll discuss defragmenting a hard drive to boost performance. What does a hard disk drive look like? The platter and the actuator arm are delicate physical mechanisms, so a solid case covers them to prevent damage under normal use. The hard drive cover will look like a metal box, and it will be clearly labeled as a hard disk drive or HDD. Here's what an internal HDD looks like beneath its metal casing. You can see the spinning platter and the actuator arm, and how they work together to read and write the data upon request. How to improve hard disk performance? As time goes on, you may start to experience HDD lagging, with slow start-ups and longer load times. You can help prevent this by occasionally doing a little maintenance work, which should improve performance immediately after you follow these steps: 1. Defrag your hard disk drive – this reorganizes the data to store it sequentially for faster read times. 2. Delete temporary files – programs and apps can store temporary data that can take up a lot of storage space on your drive. Depending on what Windows version you`re using, these steps may be slightly different: In the search box on the taskbar, type disk cleanup, and select "Disk Cleanup." Select the drive you want to clean up and select OK. Under "Files to delete," select the file types you want to remove. You can also select a file type to read a description of what it is. Select OK when you have made your selections. 3. Remove unnecessary data – freeing space is a great way to improve storage performance. This could be deleting old programs and apps you no longer use or moving photos, films and games over to an external storage device until you need them. These are the steps to remove apps and programs, but this may differ depending on the Windows version in use: In the search box on the taskbar, type programs, and select "Add or remove programs," Select the programs you want. Then select [Remove." 4. Enable write caching –this step enables the volatile memory (RAM) to collect data in a cache before writing it to the storage device. The cache can process the data faster, resulting in fast load times. Again, these steps may differ depending on the windows that you're using. Right-click "My Computer," and then click "Properties." Click the "Hardware tab" and then click "Device Manager." Expand "Disk Drives." Right-click the drive where you want to turn disk write caching, then click "Properties." Click the "Policies" tab. Click to select or clear the "Enable write caching" on the disk check box as appropriate. Click OK. 5. Upgrade your storage – the quickest way to improve performance is to upgrade to an SSD (solid state drive), which we'll talk about in the next section. Editor's note: This article was excerpted from: https://www.crucial.com/articles/pc-builders/what-is-a-hard-drive

Refurbished Computers › Guides › The Difference between Refurbished and Certified Date published: Apr 02, 2020 | Date modified: Apr 02, 2020 | Author: Karen Hayes There are lots of places to buy refurbished laptop and desktop computers. But when you look for refurbished device you often see terms like refurbished, renewed, and off-lease placed in product descriptions. Many people assume that all of these terms are interchangeable. The truth is, there are some differences between them. Knowing meaning can save you some time, money, and land you a better hardware. Let`s learn more. What is the difference between refurbished and renewed computer? Refurbished and renewed is the same thing. The term renewed is used by Amazon to describe computer (electronics) that has been refurbished. This means pre-owned devices inspected and tested to work properly. They come in two different flavors certified renewed and renewed only. What is the difference between refurbished and certified refurbished computer? The difference between refurbished and certified refurbished laptops and desktops lies in the type of organisation that did the renovation. When you see refurbished, think of third party renovation, and when see certified, assume manufacturer renovation. Usually certified is the better purchase, because of the expertise and the tooling used in the factory. Although there are some very respectable third party refurbish shops that are doing great job renovating those machines. Refurbished will usually land you better price between the two, and certified the longer warranty. What is the difference between certified and recertified computer? There is no difference between certified and recertified. They are used interchangeably and describe servicing done by the manufacturer. Usually you find this kind of computers on official page of manufacturer – Dell Refurbished or Dell Outlet, Lenovo Outlet or HP Business Outlet . What is the difference between refurbished and off-lease computer? Off-lease computer is device that was landed by the manufacture to company for a fixed period – usually two –three years. At the end of this period, the company returns the devices and rents newer models. The old models are refurbished, certified, and sold as off-lease deals. You can get super sweet deals in this segment. Business laptops and desktops computers are very good and last long time. What is the difference between refurbished and used? Used computers are second hand devices sold by individuals on sites like EBay. You relay on the owner`s knowledge to clean and test the device properly before selling it to you. They are not refurbished. Most of the the time second hand or used computers are the cheapest option you will find. By: https://www.hardware-corner.net/guides/difference-between-refurbished-certified/

By Jackie Dove last updated April 12, 2022 Find out whether you should buy a refurbished laptop If you're trying to squeeze the most value out of every dollar of your next laptop purchase, consider buying a refurbished unit. While you won't usually find the latest and greatest products being sold as refurbished, you will often be able to save money and get slightly more functionality by considering a product that's not fresh off the factory line. As you might expect, there are some caveats and risks involved with getting a refurbished laptop. To help you decide whether and how to buy a refurbished laptop, we've gathered some tips below. Lower cost, but worse battery life and performance Buying a refurbished laptop can save you several hundred dollars depending on the make and model and where you shop. However, you're unlikely to find the latest-generation laptops available as refurbs, unless the model in question has been on the market for six months or more. Perhaps, because it doesn't refresh its laptops that often, Apple sells refurbished units of its MacBooks. For example, a new 12-inch MacBook 1.1GHz Dual-core Intel Core m3 (from April 2016) costs $1,299 new. A refurbished model sells for $1,099 on Apple's website, covered by a one-year limited warranty. At Amazon, the same unit sells for $899.99 with a 90-day warranty. LATEST VIDEOS FROM LAPTOPMAG However, if you're looking for a refurbished Dell XPS 13, you may have to settle for an older model. When we first checked, Dell Outlet was selling an XPS 13 from two generations ago, which was equipped with a Core i5-5200U CPU, 128GB SSD and 8GB of RAM, for $739 with a one-year warranty. A brand-new XPS 13 with the current-gen Core i5-7200U CPU and similar specs goes for $999, over $250 more. A few days later, the stock had changed and some newer units were available. The model year is important, though, because both performance, battery life and Wi-Fi connectivity improved significantly in the current-generation XPS 13. That performance delta may not matter as much to you today as it will two or three years from now, when you're using a computer that's really four of five years old and much less capable of running new software. Also, keep in mind that laptop batteries lose their ability to hold a full charge over time. So, if the refurbed model you buy was in active use for a year or two, it could have much shorter battery life than a brand-new unit. Stay in the know with Laptop Mag Get our in-depth reviews, helpful tips, great deals, and the biggest news stories delivered to your inbox. Your Email Address Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over. However, if your budget is limited and you want a higher-quality laptop, like a Dell XPS 13, getting a refurbed model might be your best choice. There's no doubt you can find a good brand-new laptop at any price, even under $200, but you can likely afford a better class of system ― a superthing ultraportable or a powerful business laptop ― if you consider refurbished models. Where do refurbished laptops come from? Refurbished laptops come from a number of different sources, including businesses that trade in their old laptops, and consumers returning systems either because they decided they didn't want them or because there was a serious defect. Failures and defects account for a certain percentage of refurbs. According to a Consumer Reports Reliability Survey of 58,000 subscribers between 2010 and 2015, new Apple laptops fail at a rate of 7 to 9 percent per year, while Windows machine-failure rates hovered around the 15 percent range. "Microsoft refurbishers mostly work with enterprise equipment, but even though the laptop started out as enterprise, you get it at the consumer price," said Willie Cade, founder and CEO of PC Rebuilders and Recyclers, a Microsoft Authorized Refurbisher (MAR). "If it's for work, shopping, email and other basic tech uses, refurbished is absolutely the way to go." But that's not the only route: According to Jim Lynch, TechSoup Global's electronics recycling/reuse director, buying refurbished from name-brand computing companies is also a good way to go. "The big OEMs are quite good in this area. Since Apple, Dell and HP put their names behind their refurbished equipment, they generally make sure that the IT Asset Management companies that do the refurbishment and reconditioning do good work," he said. Thus, either the laptop manufacturer or authorized refurbishers are the best sources for obtaining your purchase. The difference between used and refurbished Regardless of its route to the laptop spa, manufacturers or third-party authorized refurbishers typically sanitize, sort and grade the units based on physical look and functionality. They disassemble each one, checking for damaged components, battery function, screen quality, power supply, loose connections, hard drive and optical drive. If a seller does not follow a process like this, the product isn't really refurbished; it's used. Missing or defective components - RAM, graphic cards, capacitors, ICs, hard disks - are replaced and the machine undergoes a complete data wipe. The laptop is then tested, cosmetic defects repaired, and a new OS is installed before being packaged for its new home. That last software bit is critical, Cade said, as sometimes people buy refurbished without the OS installed - and that is a no-no. Some sellers may try to install the original OS and pass it on to buyers, but that would not be a legal license. MARs have agreements with Microsoft to copy properly licensed operating systems (primarily Windows 10) onto refurbished units. After a refurbisher inspects, cleans, repairs and restores a used or returned laptop to factory settings, the unit is certified to be in good working order and returned to the retailer or manufacturer for sale at a discount. Quick tips for buying a refurbished laptop Look for a one-year warranty. Examine your refurbished laptop. Note the difference between refurbished and certified. Buying a refurbished gift doesn't have to scream "cheapskate." Tip 1: Get a one-year warranty if possible Your refurbished laptop purchase should come with an assurance that the seller guarantees the product. It's not like you bought it out of the trunk of a car downtown (where I once purchased an excellent used Apple notebook). Make sure the equipment has a solid warranty - a year is considered standard these days, but it is not universal. Some refurbished laptop warranties may be shorter than for new products and typically do not cover battery life, but each vendor is different, so read the fine print before adding the item to your shopping cart. You should get 30 days at least, and Microsoft requires a minimum 90-day warranty. Apple and refurbishers such as PCRR warranty their laptops for a year. Also, look for a generous return policy so you get to test the machine and otherwise make sure the unit suits you. Rechargeable batteries are considered consumables and have a natural lifespan, so you'll want to make sure your refurbished laptop can hold a charge. Amazon states that new, used and refurbished products purchased from Marketplace vendors are subject to the returns' policy of the individual vendor. Some 14-day money-back return policies involve a restocking fee, so watch out. Tip 2: Examine your laptop right away When you or a loved one opens the box containing a refurbished laptop, you hope to see a gleaming, undamaged exterior free of scratches and dings. The keyboard should have that new keyboard look as opposed to specific keys looking shiny or worn. The screen should be clear and bright. Anything less could be a letdown. Buyers should always look for a condition statement on the refurbished product page. The retailer usually discloses cosmetic flaws in the product description, but not always. Apple's site contains a general statement of standards linked to each refurbished product on sale, but otherwise does not have a condition report on each product page. Amazon includes a general condition linked to a pop-up page of general condition guidelines. Microsoft refurbisher Cade said, "We try to make the product look good - especially keyboards, cases, palm rests - those things have to be in Grade A shape. If you get a laptop that doesn't look nice, or there's scratches, or the keyboard is wonky, it may be an indication that they didn't do a good job of making the computer run." Nonetheless, cosmetic standards vary. The case could have some dings and imperfections that do not affect the unit's computing power, and buyers of refurbished laptops should be prepared for a product that does not look factory-fresh. Nonetheless, buyers should be sure to check for telltale signs that the new unit may not be up to standard: details like dead pixels on the screen, noisy hard drives, loose or squeaky hinges, or obvious signs of wear. Tip 3: Know the difference between refurbished and certified Online marketplaces like eBay and Craigslist do not check the condition of laptops offered for sale on their sites; they just connect buyers and sellers and both are on their own. While online trade-in services like Gadget Salvation, Gazelle.com and others offer varying degrees of certification, their standards vary and are not always transparent. Cesar Navarro, Gadget Salvation`s operations manager, says its items go through the company's certification process, which includes hardware testing, cosmetic inspection and a software check, to make sure the gadgets are fully functional, reset to factory defaults with genuine operating systems and free of malware. "We do not refurbish gadgets. We do not replace any components or parts," Navarro said. "Electronics that do not meet our certification standards are wiped clean of stored data and re-sold in bulk to various refurbishing companies. Gadgets that cannot be salvaged are sent to local recycling facilities." Some outlets are even more vague. At Gazelle, which sells pre-owned MacBooks, "light refurbishment" involves a 30-point functional and cosmetic inspection ensuring that the devices are in good cosmetic condition and working order and reset to factory settings. The Best Buy Outlet trades in refurbished, open-box and pre-owned electronics that are verified to work properly. These carry warranties from 90 days to a year with extended holiday return and exchange dates and are covered by Best Buy's Return & Exchange Promise. Best Buy says its refurbished products are repaired and restored to a like-new state and include all parts and accessories (original or comparable substitutes). Microsoft maintains an extensive network of authorized refurbishers for individuals and businesses to link you up with a refurbished laptop. Amazon's Certified Refurbished laptops are tested by qualified manufacturers or third-party refurbishers like PCRR so they look and work like new. They come with a minimum 90-day limited warranty. On the Amazon site, you can search via a large number of criteria from the number of cores to hard-drive size, RAM and more to get the best model for your needs. Amazon also sells refurbished, used and open-box laptops from its Amazon Warehouse Deals site. Though the company tests the functional and physical condition of products sold there, and grades them before putting them out for sale, there are no warranties for such used items, except for optional extended warranties you can purchase. If you're shopping for an Apple notebook, be sure to visit Apple's refurbishing site. All of Apple's refurbished laptops come with a year's warranty, free shipping and free returns. Refurb Tracker offers email alerts and RSS feeds to keep you updated on new refurbished products from Apple Store websites. Tip 4: You can give a refurbished laptop as a gift Sure it's the thought that counts, but the gift of a previously owned piece of equipment may still conjure up "cheapskate" for some, regardless of its superlative quality and guaranteed functionality. If you are concerned that a loved one may secretly scorn a refurbished laptop, consider your recipient and what matters to them. If you or a loved one craves the very latest, cutting-edge notebook in flawless cosmetic condition and packaged to artistic perfection - and associate refurbished with icky, old and used - a pre-owned unit is going to be a tough sell. For them, the lure of a shiny new $200 Chromebook will undoubtedly be the best way to say "I love you," but the Lynch household saw it differently: "I can only say that last year I got my wife a refurbished MacBook Air - and she was thrilled."

| New momentum of foreign trade has gathered, and these trends have been positive in 2024 Global Tradelink 2024-03-19 16:20 Zhejiang Although this year's foreign trade situation is still more severe, but this year has been a positive trend. According to customs statistics, in the first two months of 2024, China's total import and export value of goods trade was 6.61 trillion yuan, an increase of 8.7% year-on-year. Of this total, the export was 3.75 trillion yuan, up by 10.3%; Imports reached 2.86 trillion yuan, up 6.7%. Recently, Minister of Commerce Wang Wentao said at the press conference on the economic theme of the Second session of the 14th National People's Congress that, overall, the development of foreign trade relies on the industrial base, factor endowment, innovation ability is constantly strengthening, our export commodities are climbing up the value chain, and we actively open up, import market opportunities are also expanding, import and export have great potential. Foreign trade has shown strong resilience. We have the confidence and confidence to consolidate the basic plan of foreign trade and foreign investment. In terms of stabilizing foreign trade policy, Wang Wentao said that in the medium and long term, according to the deployment of the Central Economic Work Conference and the Government Work report, the key is to cultivate new growth drivers for foreign trade and promote high-quality development of foreign trade, focusing on four aspects: first, expand trade in intermediate goods, second, promote cross-border e-commerce exports, third, improve the level of trade digitalization, and fourth, promote green development of trade. Liu Xiangdong, deputy minister of the economic research department of the China Center for International Economic Exchanges, told First Finance that the problem of new momentum in foreign trade is not only a matter of maintaining the same market share, but also to explore new paths for foreign trade growth, including the use of new technologies, new rules and other ways to promote foreign trade development and expand new space for the development of diversified commodity foreign trade. "This requires both the provision of new products or services to open the market, and the expansion of existing goods into the original market through new channels, that is, to find ways to increase the scale of trade and optimize the trade structure." Liu Xiangdong explained. We will foster new growth drivers for foreign trade The Central Economic Work Conference held at the end of last year proposed that we should accelerate the cultivation of new growth drivers for foreign trade, consolidate the basic market of foreign trade and foreign investment, and expand trade in intermediate goods, service trade, digital trade, and cross-border e-commerce exports. Zhou Nianli, a professor at the National (Beijing) Institute of Opening Up and the China WTO Research Institute at the University of International Business and Economics, told First Finance and Economics that the above several forms of trade emphasizing expansion are in line with the overall trend of international trade. In terms of intermediate goods trade, Wang Lingjun, deputy director of the General Administration of Customs, said at the beginning of the year that with the in-depth development of globalization and international division of labor, intermediate goods, as a link between the upstream and downstream industries, have increasingly become the main body of global trade, accounting for more than half of the global trade in goods, in promoting the development of global trade, ensuring the stability of the global industrial chain and supply chain. All play a very important role. China is deeply integrated into globalization, and the proportion of imports and exports of intermediate goods is constantly increasing. For the expansion of intermediate goods trade, Wang Wentao said that we will deepen cooperation with willing global trading partners in the production and supply chain, and build an inclusive, resilient and sustainable industrial chain supply chain. According to the General Administration of Customs, intermediate goods include raw materials, semi-finished products, spare parts and other products. In 2023, China's import and export of intermediate goods 25.53 trillion yuan, accounting for 61.1% of the total import and export value. Among them, the export of intermediate goods was 11.24 trillion yuan, accounting for 47.3% of China's total export value; Intermediate goods were imported 14.29 trillion yuan, accounting for 79.4% of China's total import value. Wang Lingjun said that thanks to the complete industrial system and strong supply capacity, China has exported a large number of intermediate goods to meet the needs of industrial development in different regions of the world. From the specific market point of view, China's export of auto parts to Japan and Mexico, the export of lithium batteries to the United States and Germany, and the export of flat panel display module intermediates to Vietnam and Indonesia have achieved double-digit growth. In the same period, China exported more than one trillion yuan of textile and plastic intermediates, providing impetus for the industrial development of ASEAN, Africa and other regions. In order to promote cross-border e-commerce exports, Wang Wentao said that we will improve customs clearance, taxation, foreign exchange and other policies, and accelerate the construction of supply chains and ecosystems that adapt to the development of cross-border e-commerce. According to preliminary customs statistics, cross-border e-commerce grew rapidly in 2023, and China's cross-border e-commerce imports and exports were 2.38 trillion yuan in the year, an increase of 15.6%. Among them, the export was 1.83 trillion yuan, up by 19.6 percent; Imports reached 548.3 billion yuan, up 3.9%. The number of consumers participating in cross-border e-commerce imports is increasing year by year, reaching 163 million in 2023. Zhou Nianli said: "China is already a big e-commerce country, and it has innovative advantages in the development of cross-border e-commerce, a new form and model of foreign trade. At the same time, we have the corresponding industrial base." In terms of improving the level of trade digitalization, Wang Wentao said that we will take the Guangdong-Hong Kong-Macao Greater Bay Area global trade digitalization Pilot Zone, Shanghai Pilot Free Trade Zone, and foreign trade transformation and upgrading base as carriers to enhance the level of trade digitalization. Accelerate the digitization of international trade documents, build cooperation consensus in bilateral and multilateral areas, and explore cooperation paths. Zhou Nianli analyzed that the "digital trade" defined by narrow caliber is the service trade that can be digitized. With the development of digital technology, the proportion of this item in the entire service trade is constantly increasing. "At present, the proportion of service trade in international trade is much lower than the proportion of service industry in GDP. Trade in services is a potential source for the future development of international trade, and digital trade is a potential source for the development of service trade." In promoting the green development of trade, Wang Wentao believes that this is a trend in the future, and we will support the trade of green and low-carbon products with high quality, high-tech and high added value. Build a public service platform for green trade development, help foreign trade enterprises accelerate green and low-carbon transformation, and improve the green development level of foreign trade industrial chain and supply chain. As the world's largest trading nation, China is playing a major role in global green manufacturing, mainly through the development of the "new three" clean energy technologies, namely electric vehicles, lithium-ion batteries and solar panels, according to a report by the China Energy Foundation. According to customs statistics, the export growth rate of the "new three types" in 2023 will increase by 30%. Some positive trends are emerging In the past 2023, according to customs statistics, China's import and export value of 41.76 trillion yuan, an increase of 0.2%. Of this total, the export was 23.77 trillion yuan, up by 0.6%; Imports were 17.99 trillion yuan, down 0.3%. Liang Ming, director and researcher of the Institute of Foreign Trade of the Research Institute of the Ministry of Commerce, said in an interview with First Finance and Economics that in 2023, in the context of the obvious lack of momentum in the world economy and trade, China's trade volume of goods reached a new annual record high for the seventh time since 2016 according to the renminbi. China's foreign trade has been running at a high level on the basis of successive annual highs and achieved stable growth. From the specific indicators, China's international market share remains stable. Liang Ming expects that the international market share of China's exports in 2023 will be about 14.2%, which is basically the same as in 2022. "The international market share of foreign trade exports is a direct reflection of the international market competitiveness of a country's foreign trade exports, and the stability of export shares shows that the overall competitiveness of China's foreign trade is still very stable." When talking about the current foreign trade situation, Wang Wentao said that the foreign trade situation this year is in a very severe situation. On the one hand, many international organizations expect that the global economic growth rate in 2024 will still be lower than the historical average, and the downward pressure on external demand will still be great. On the other hand, we have also seen the rise of trade protectionism and unilateralism. According to the International Monetary Fund, some 3,000 trade-restrictive measures were implemented globally in 2023, up from 1,100 in 2019. The World Trade Organization predicts that global trade in goods will grow by 3.3% this year, well below the historical average of 4.9%. Spillover factors such as geopolitical conflicts and the global "super election year" will also bring a lot of uncertainties. However, Wang Wentao also mentioned that in the first two months of this year, we have seen a lot of positive trends. In addition to the continuation of the growth trend of imports and exports since October last year in January to February this year, Wang Wentao said that due to the relatively high base in March last year, the data in March this year may have some decline, but the overall trend is upward, and the small peak of imports and exports before the Spring Festival in previous years has continued to the Spring Festival this year. Some China-Europe freight trains, ocean-going cargo ships, cross-border e-commerce and overseas warehouses are still busy. Many enterprises go abroad to participate in exhibitions and explore the market. Export orders for key products such as home appliances and automobiles were better than expected. In view of the difficulties and uncertainties faced by foreign trade, Wang Wentao said that support will be increased mainly from three aspects. First, in terms of financial services, we will further strengthen the financial service guarantee for foreign trade enterprises, especially small, medium-sized and micro enterprises, and make a good lead. Second, in terms of trade promotion, China will continue to hold the Canton Fair, Import Expo, service Trade Fair, consumer Expo, digital trade Fair and other exhibitions, publish trade promotion information and country trade guides, and encourage enterprises to participate in various exhibitions at home and abroad. Third, personnel exchanges, the recent resumption of flights between China and foreign countries, will continue to promote together with relevant departments to facilitate the visa application of business people, support enterprises to carry out trade promotion and supply and procurement docking. Yang Fan, spokesman for the China Council for the Promotion of International Trade, also said recently that the council will vigorously carry out the "thousand delegations to sea" action. For Europe, the United States, Japan, South Korea, ASEAN, Latin America and other important economic and trade partners, more than 1,000 batches of business groups will be organized to overseas exhibitions and visits to negotiate, help enterprises to expand the market with orders, and support local investment. Source: China Business News The Central Economic Work Conference held at the end of last year proposed that we should accelerate the cultivation of new growth drivers for foreign trade, consolidate the basic market of foreign trade and foreign investment, and expand trade in intermediate goods, service trade, digital trade, and cross-border e-commerce exports. Zhou Nianli, a professor at the National (Beijing) Institute of Opening Up and the China WTO Research Institute at the University of International Business and Economics, told First Finance and Economics that the above several forms of trade emphasizing expansion are in line with the overall trend of international trade. In terms of intermediate goods trade, Wang Lingjun, deputy director of the General Administration of Customs, said at the beginning of the year that with the in-depth development of globalization and international division of labor, intermediate goods, as a link between the upstream and downstream industries, have increasingly become the main body of global trade, accounting for more than half of the global trade in goods, in promoting the development of global trade, ensuring the stability of the global industrial chain and supply chain. All play a very important role. China is deeply integrated into globalization, and the proportion of imports and exports of intermediate goods is constantly increasing. For the expansion of intermediate goods trade, Wang Wentao said that we will deepen cooperation with willing global trading partners in the production and supply chain, and build an inclusive, resilient and sustainable industrial chain supply chain. According to the General Administration of Customs, intermediate goods include raw materials, semi-finished products, spare parts and other products. In 2023, China's import and export of intermediate goods 25.53 trillion yuan, accounting for 61.1% of the total import and export value. Among them, the export of intermediate goods was 11.24 trillion yuan, accounting for 47.3% of China's total export value; Intermediate goods were imported 14.29 trillion yuan, accounting for 79.4% of China's total import value. Wang Lingjun said that thanks to the complete industrial system and strong supply capacity, China has exported a large number of intermediate goods to meet the needs of industrial development in different regions of the world. From the specific market point of view, China's export of auto parts to Japan and Mexico, the export of lithium batteries to the United States and Germany, and the export of flat panel display module intermediates to Vietnam and Indonesia have achieved double-digit growth. In the same period, China exported more than one trillion yuan of textile and plastic intermediates, providing impetus for the industrial development of ASEAN, Africa and other regions. In order to promote cross-border e-commerce exports, Wang Wentao said that we will improve customs clearance, taxation, foreign exchange and other policies, and accelerate the construction of supply chains and ecosystems that adapt to the development of cross-border e-commerce. According to preliminary customs statistics, cross-border e-commerce grew rapidly in 2023, and China's cross-border e-commerce imports and exports were 2.38 trillion yuan in the year, an increase of 15.6%. Among them, the export was 1.83 trillion yuan, up by 19.6 percent; Imports reached 548.3 billion yuan, up 3.9%. The number of consumers participating in cross-border e-commerce imports is increasing year by year, reaching 163 million in 2023. Zhou Nianli said: "China is already a big e-commerce country, and it has innovative advantages in the development of cross-border e-commerce, a new form and model of foreign trade. At the same time, we have the corresponding industrial base." In terms of improving the level of trade digitalization, Wang Wentao said that we will take the Guangdong-Hong Kong-Macao Greater Bay Area global trade digitalization Pilot Zone, Shanghai Pilot Free Trade Zone, and foreign trade transformation and upgrading base as carriers to enhance the level of trade digitalization. Accelerate the digitization of international trade documents, build cooperation consensus in bilateral and multilateral areas, and explore cooperation paths. Zhou Nianli analyzed that the "digital trade" defined by narrow caliber is the service trade that can be digitized. With the development of digital technology, the proportion of this item in the entire service trade is constantly increasing. "At present, the proportion of service trade in international trade is much lower than the proportion of service industry in GDP. Trade in services is a potential source for the future development of international trade, and digital trade is a potential source for the development of service trade." In promoting the green development of trade, Wang Wentao believes that this is a trend in the future, and we will support the trade of green and low-carbon products with high quality, high-tech and high added value. Build a public service platform for green trade development, help foreign trade enterprises accelerate green and low-carbon transformation, and improve the green development level of foreign trade industrial chain and supply chain. As the world's largest trading nation, China is playing a major role in global green manufacturing, mainly through the development of the "new three" clean energy technologies, namely electric vehicles, lithium-ion batteries and solar panels, according to a report by the China Energy Foundation. According to customs statistics, the export growth rate of the "new three types" in 2023 will increase by 30%. Some positive trends are emerging In the past 2023, according to customs statistics, China's import and export value of 41.76 trillion yuan, an increase of 0.2%. Of this total, the export was 23.77 trillion yuan, up by 0.6%; Imports were 17.99 trillion yuan, down 0.3%. Liang Ming, director and researcher of the Institute of Foreign Trade of the Research Institute of the Ministry of Commerce, said in an interview with First Finance and Economics that in 2023, in the context of the obvious lack of momentum in the world economy and trade, China's trade volume of goods reached a new annual record high for the seventh time since 2016 according to the renminbi. China's foreign trade has been running at a high level on the basis of successive annual highs and achieved stable growth. From the specific indicators, China's international market share remains stable. Liang Ming expects that the international market share of China's exports in 2023 will be about 14.2%, which is basically the same as in 2022. "The international market share of foreign trade exports is a direct reflection of the international market competitiveness of a country's foreign trade exports, and the stability of export shares shows that the overall competitiveness of China's foreign trade is still very stable." When talking about the current foreign trade situation, Wang Wentao said that the foreign trade situation this year is in a very severe situation. On the one hand, many international organizations expect that the global economic growth rate in 2024 will still be lower than the historical average, and the downward pressure on external demand will still be great. On the other hand, we have also seen the rise of trade protectionism and unilateralism. According to the International Monetary Fund, some 3,000 trade-restrictive measures were implemented globally in 2023, up from 1,100 in 2019. The World Trade Organization predicts that global trade in goods will grow by 3.3% this year, well below the historical average of 4.9%. Spillover factors such as geopolitical conflicts and the global "super election year" will also bring a lot of uncertainties. However, Wang Wentao also mentioned that in the first two months of this year, we have seen a lot of positive trends. In addition to the continuation of the growth trend of imports and exports since October last year in January to February this year, Wang Wentao said that due to the relatively high base in March last year, the data in March this year may have some decline, but the overall trend is upward, and the small peak of imports and exports before the Spring Festival in previous years has continued to the Spring Festival this year. Some China-Europe freight trains, ocean-going cargo ships, cross-border e-commerce and overseas warehouses are still busy. Many enterprises go abroad to participate in exhibitions and explore the market. Export orders for key products such as home appliances and automobiles were better than expected. In view of the difficulties and uncertainties faced by foreign trade, Wang Wentao said that support will be increased mainly from three aspects. First, in terms of financial services, we will further strengthen the financial service guarantee for foreign trade enterprises, especially small, medium-sized and micro enterprises, and make a good lead. Second, in terms of trade promotion, China will continue to hold the Canton Fair, Import Expo, service Trade Fair, consumer Expo, digital trade Fair and other exhibitions, publish trade promotion information and country trade guides, and encourage enterprises to participate in various exhibitions at home and abroad. Third, personnel exchanges, the recent resumption of flights between China and foreign countries, will continue to promote together with relevant departments to facilitate the visa application of business people, support enterprises to carry out trade promotion and supply and procurement docking. Yang Fan, spokesman for the China Council for the Promotion of International Trade, also said recently that the council will vigorously carry out the "thousand delegations to sea" action. For Europe, the United States, Japan, South Korea, ASEAN, Latin America and other important economic and trade partners, more than 1,000 batches of business groups will be organized to overseas exhibitions and visits to negotiate, help enterprises to expand the market with orders, and support local investment. Source: China Business News picture Its wechat service number is | Thank you for your company | attention not lost Reading 208 Global Tradelink 1 2 Write your message Man line

On March 6, the second session of the 14th National People's Congress held a press conference at the Media Center in Beijing. Director of the National Development and Reform Commission Zheng Hajie, Minister of Finance LAN Fuan, Minister of Commerce Wang Wentao, Governor of the People's Bank of China Pan Gongsheng and Chairman of the China Securities Regulatory Commission Wu Qing answered questions from Chinese and foreign journalists on development and reform, budget, commerce, finance and securities and other related issues. This is a reporter raising his hand. Photo by Li Xin/Xinhua News Agency Press conference on economic theme of the Second Session of the 14th National People's Congress At 3 PM on March 6, the Second session of the 14th National People's Congress held a press conference in the press conference hall of Media Center. We invite Chairman Zheng Hajie of the National Development and Reform Commission, Minister of Finance LAN Fuan, Minister of Commerce Wang Wentao, Governor Pan Gongsheng of the People's Bank of China and Chairman Wu Qing of the China Securities Regulatory Commission to answer questions on development and reform, budget, commerce, finance and securities and other related issues. Zheng Zhajie: There is strong support for the growth target of about 5% in 2024 picture Photo by Li Xin/Xinhua News Agency Zheng Hajie, director of the National Development and Reform Commission, introduced at the economic theme press conference of the Second session of the 14th National People's Congress on the 6th that in 2024, the favorable conditions of China's economic development are stronger than the unfavorable factors, the development foundation is more solid, the economic impact resistance and resilience continue to increase, and the macro policy continues to strengthen, providing a strong macro-control policy supply for the stable development of the economy. New growth drivers have been replaced at a faster pace, local governments have become more proactive in their development, officials across the country have been more enthusiastic and proactive in starting businesses, and positive factors have been accumulating. Since the beginning of the year, leading indicators such as the quantity of real goods have grown rapidly. We have the confidence, ability, conditions and confidence to push for sustained economic recovery and long-term improvement, and achieve all economic and social development goals and tasks this year with high quality. Wang Wentao: We will promote the replacement of automobiles, home appliances, kitchen and other consumer goods with new ones picture Photo by Li Xin/Xinhua News Agency Minister of Commerce Wang Wentao said at the press conference on the economic theme of the second session of the 14th National People's Congress on the afternoon of the 6th that this year, the Ministry of Commerce and five departments launched the "National Online New Year Shopping Festival", which is also the first activity of the Ministry of Commerce this year's "Consumption promotion Year". There are also two key tasks to promote consumption this year, one is to promote the replacement of old consumer goods such as automobiles, household appliances, and home improvement kitchens and bathrooms, and the other is to boost consumption of services. For the work of replacing old consumer goods with new ones, the Ministry of Commerce will earnestly implement it. The general idea is to adhere to the market, through policy support and guidance, fully mobilize the enthusiasm of all parties, and form an effective mechanism that makes it easier to replace the old and more willing to replace the new. Pan Gongsheng: Maintaining price stability and promoting moderate price recovery are important considerations for monetary policy picture Photo by Li Xin/Xinhua News Agency Pan Gongsheng, governor of the People's Bank of China, said at a press conference on the economic theme of the Second session of the 14th National People's Congress on the 6th that China's monetary policy toolbox is still rich and there is still enough space for monetary policy. At present, China's legal reserve ratio is 7% on average, and there is still room for future cuts. The People's Bank of China will use a combination of monetary policy tools to step up counter-cyclical regulation, maintain reasonable and sufficient liquidity, and support steady growth and balanced supply of social financing and total money and credit. At the same time, we will take maintaining price stability and promoting moderate price recovery as an important consideration of monetary policy, take into account the health of the balance sheet of the banking industry, and continue to promote the stability and decline of the comprehensive financing cost of society. LAN Foan: This year's budget for education, social security and employment will exceed 4 trillion yuan picture Photo by Li Xin/Xinhua News Agency LAN Foan, Minister of Finance, introduced at the economic theme press conference of the Second session of the 14th National People's Congress on the 6th that in recent years, the financial sector has continued to improve the "livelihood content" of funding arrangements and constantly enhance the "livelihood temperature" of policy measures. Policies to ensure employment, education, social security, medical care, housing, and the ecological environment have been improved, and more and more investment has been made. In 2024, the budget arrangements for education, social security and employment will all exceed 4 trillion yuan. In the next step, the Ministry of Finance will continue to do its best, do its best, focus on the urgent problems of the people, and continue to increase financial investment. Wu Qing: The next work focus on "strong" and "strict" picture Photo by Li Xin/Xinhua News Agency Wu Qing, chairman of the China Securities Regulatory Commission, said at a press conference on the economic theme of the second session of the 14th National People's Congress on the 6th that capital market regulators should pay special attention to the issue of fairness, and take openness, fairness and justice as the most important principle. The next step will be to respect laws and rules. The key is to highlight "strong" and "strict". "Strong" is a strong foundation. Investors are the foundation of the market, listed companies are the foundation of the market, we must sincerely treat investors, we must focus on improving the quality of listed companies. "Strict" means strict supervision and management. The CSRC will comprehensively review and speed up the shortcomings and weaknesses of supervision in all areas, subjects and links such as the stock market, bond market, futures and derivatives market. This article is from Xinhuanet.com

On the afternoon of March 6, the second session of the 14th National People's Congress held a press conference in the press conference hall of the Media Center in Beijing. In response to the question of how to view the foreign trade situation this year, Minister of Commerce Wang Wentao said: "To consolidate the basic foreign trade and foreign investment, we are confident and confident." "We judge that this year's foreign trade is still in a very severe situation." Wang Wentao said that on the one hand, many international organizations expect that the global economic growth rate in 2024 will still be lower than the historical average, and the downward pressure on external demand is still great. On the other hand, trade protectionism and unilateralism are on the rise, and the International Monetary Fund report shows that about 3,000 trade restrictive measures were implemented globally in 2023, much higher than the 1,100 in 2019. The WTO forecasts that the volume of global trade in goods will grow by 3.3% this year, far below the historical average of 4.9% in previous years. Spillover factors such as geopolitical conflicts and the global "super election year" will also bring a lot of uncertainties. Wang Wentao said that while seeing difficulties, there are also some good signs. In the first two months of this year, there have been many positive trends. For example, from January to February this year, imports and exports are expected to continue the trend of growth since October last year. "Overall, we see this trend is going up. The small peak of imports and exports before the Spring Festival in previous years has continued until the Spring Festival this year. Some China-Europe freight trains, ocean freighters, cross-border e-commerce and overseas warehouses are still busy." Wang Wentao also mentioned that last year's "new three" export growth of 30%, according to the general economic law, to develop rapidly on the basis of 30% this year is not necessarily realistic, the forecast is a steady development trend. Overall, the development of foreign trade relies on the industrial base, factor endowments, and innovation capabilities are constantly strengthening, and China's export commodities are climbing up the value chain. Moreover, China actively opens up, import market opportunities are also expanding, import and export have great potential, and foreign trade has shown strong resilience. "In response to the difficulties and uncertainties faced by foreign trade, we have made efforts in policy. At the end of last year, we made a prediction that 'people are diligent and spring comes early', and we made full preparations in advance and went all out to stabilize foreign trade." Wang Wentao said, mainly from three aspects to increase support, first, financial services, will further strengthen the financial service guarantee for foreign trade enterprises, especially small and medium-sized enterprises, hit the lead. Second, in terms of trade promotion, China will continue to organize the Canton Fair, Import Expo, service Trade Fair, consumer Expo, digital trade Fair and other exhibitions, publish trade promotion information and country trade guides, and encourage enterprises to participate in various exhibitions at home and abroad. Third, personnel exchanges, the recent resumption of flights between China and foreign countries, will continue to promote together with relevant departments to facilitate the visa application of business people, support enterprises to carry out trade promotion and supply and procurement docking. Information source: China Press, China News Network Global Tradelink