What are "Specialized, Specialized and New" Enterprises?
"Specialization, refinement, distinctiveness and novelty" refers to the development characteristics of enterprises with specialization, refinement, distinctiveness and novelty. By guiding the development of small and medium-sized enterprises (SMEs) that are specialized, refined, special and new, it further stimulates the vitality and development momentum of SMEs and promotes their transformation and upgrading. Based on the specialized, special and new SMEs, a number of specialized, special and new "small giants" with outstanding main business, strong competitiveness and good growth have been cultivated in the fields of core basic parts (components), key basic materials, advanced basic technology and industrial technology foundation, and guided to grow into manufacturing industry single champions.
Withstanding the pressure, China's foreign trade stabilization can be expected.
China's supply-side structural reform and modern industrial restructuring is accelerating, industrial competitiveness is increasing. Zhang Peng said, from my
distribution of fixed asset investment structure, industrial added value structure and enterprise profit structure, the indicators of the industrial form mainly based on strategic emerging industries and high-tech industries are significantly better than the overall situation, thus enhancing the competitiveness of China's export commodities and optimizing the structure of export products.
The international environment faced by our country will also be improved to a certain extent. Since the beginning of this year, China's main diplomatic activities have been frequent, and the interaction and cooperation among big country diplomacy has increased significantly, laying a good foundation for the improvement of China's international economic and trade environment. Next, under the condition of enhancing mutual trust and interaction, the good progress in diplomacy will also promote the continuous improvement and optimization of China's international investment and foreign trade environment.
The Impact of Export Product Quality on the High-Quality Development of China's Manufacturing Foreign Trade
China's economic "miracle" over the past four decades cannot be separated from the rapid growth of international trade. Since 1978, the average annual growth rate of China's total foreign trade and import and export volume has reached 18%, far exceeding the average annual growth rate of GDP of 9.5% in the same period. If we take 1981 as the benchmark for comparison, China's general trade and processing trade have grown more than 30 times and 400 times respectively. The nominal value of China's manufacturing exports has increased by more than 260 times. However, the growth rate of China's manufacturing exports has tended to decline in recent years, and has been affected more and more obviously by the international economic cycle, with which it has gradually shown the same cycle. The growth rate of manufacturing exports in recent years has fallen back to a level of less than 10%, while at the same time it is clear that both the Asian financial crisis around 1998 and the world financial/economic crisis around 2008 had a huge impact on China's manufacturing exports, especially the latter world financial/economic crisis, which affected China's manufacturing exports to a much deeper extent. Subsequently, China's export growth of manufactured goods declined in 2015 and 2016, mainly due to the impact of low demand in the international market; as for the short-term external shocks such as the new coronavirus epidemic in 2020-2021, the negative impact on China's manufacturing export growth only appeared in the early stage of the epidemic.
How can China's manufacturing industry cope with this new challenge in the process of globalization, so as to maintain sustained export growth and competitiveness in the international market, achieve high-quality development of foreign trade, and provide sustainable impetus for China's economic growth? Khandelwal (2010) points out that a shift from exporting low-quality products to exporting high-quality products is a necessary (but not sufficient) condition for developing countries to achieve export success and thus economic development. Antoniades (2015) finds that producers of high-quality products generally seek higher mark-up pricing in international trade, and firms are more likely to seek higher markup pricing when they encounter problems in international trade. pricing) in international trade, and firms that produce high-quality products have more room for adjustment as they adjust the magnitude of mark-up pricing accordingly when they encounter shocks from external factors such as business cycles, changes in the intensity of competition, and exchange rate movements. Thus, theoretically, the improvement of export product quality will play a positive role in the sustainable growth of foreign trade.