The full convergence of foreign trade kinetic energy is reflected in stronger foreign trade vitality and better foreign trade structure.
Data expansion:
Foreign trade, also known as "foreign trade" or "import and export trade", refers to the exchange of goods and services between one country (region) and another. This trade includes two parts: import and export.
For countries (regions) that import goods or services, it is import; For countries (regions) that transport goods or services, it is export. This began to appear and develop in slave society and feudal society, and it developed more rapidly in capitalist society. Its nature and function are determined by different social systems.
The role of developing foreign trade:
1. Developing foreign trade can exchange needed commodities, adjust surplus and deficiency, and realize optimal allocation of resources.
2. Developing foreign trade can save social labor and achieve better economic benefits.
The development of foreign trade can absorb and introduce the advanced scientific and technological achievements in the contemporary world, and enhance China's economic strength.
Reform and improve the foreign trade system;
Before the reform and opening up, China implemented mandatory planned management of foreign trade, and the state was responsible for its own profits and losses. Since the reform and opening up, China's foreign trade system has undergone a transformation from mandatory planned management to giving full play to the basic role of the market mechanism, from a high degree of monopoly to full liberalization, and from independent operation of enterprises to self-financing.
In the early days of reform and opening up, the reform of China's foreign trade system was mainly to reform the single planned management system, decentralize the right to operate foreign trade, implement the foreign exchange retention system and establish a foreign exchange swap market. The absorption of foreign direct investment has enabled foreign-invested enterprises to enter the foreign trade field as new business entities, breaking the monopoly of state-owned foreign trade enterprises. Since then, China has implemented the contract system for foreign trade operations, and gradually replaced mandatory plans with guiding plans.
According to the general rules of international trade, the export tax rebate system has been established. 1992 10 China has clearly put forward the reform goal of establishing a socialist market economic system. 1994 1, China government cancelled all financial subsidies for export, and import and export enterprises were completely responsible for their own profits and losses. The official exchange rate of RMB is merged with the market swap rate, and a single and managed floating exchange rate system based on market supply and demand is implemented.
In the field of foreign trade management, enterprises have been privatized and the import and export agency system has been piloted. In the same year, the Foreign Trade Law of People's Republic of China (PRC) was officially promulgated and implemented, which established the principle of maintaining a fair and free foreign trade order and laid the basic legal system for foreign trade.