To Reduce The Surplus, Reduce The Ministry Of Commerce'S Research Related Policies, And Promote Exports.
The reduction of relative surplus is more concerned about export.
As exports grew by 17.6% in June, compared with the 28.1% increase in May, it was obvious that many experts believe that the government should relax control over exports, such as raising export rebates and canceling some restrictions on exports.
From every single month, the monthly export growth in the first half of the year was significantly different, for example, in February, exports increased by only 6.5%, but in March, exports increased sharply to 30.6%, and in June only 17.6%.
Ma Xiaoping, a macroeconomic analyst with HSBC in Beijing, said that since last year, the export trend of every month has seen a trend of turbulence. This is mainly because, since last year, China has promulgated some trade policies for some specific industries, such as the adjustment of export tax rebates.
This kind of shock can be verified by industry. It can be corroborated with the export situation of some labor-intensive industries, such as textiles and clothing.
In June, exports of clothing and accessories and accessories increased by 3.4% over the same period last year, the lowest in the first half of this year, 2.3% lower than that in February, which was affected by the Spring Festival and early snowstorm and freezing disasters.
Ma Xiaoping said that improving the export tax rebate of some industries is feasible. Under the current export environment deterioration, there should be some policy tilt and adjustment for certain industries.
In view of the current form of foreign trade, there are claims that tightening credit policies should be slowed down. Ma Xiaoping said that domestic inflation is still worth paying attention to. The central bank's monetary policy will still solve this problem in a targeted way, and relax credit, and those small and medium enterprises that are really facing crisis will still not get credit support.
In view of whether the government will introduce some preferential policies, Liu Haiquan, deputy director of the comprehensive Department of Commerce, said that the relevant policies are being studied, but there is no conclusion yet.
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