Expand Intermediate Goods Trade:Targeted Policy Measures under Market Leadership
Under the background of the changing world in the past century,expanding trade in intermediate goods is conducive to stabilizing China's foreign trade,optimizing the foreign trade environment,and enhancing the control of the industrial chain.Its dynamic mechanism includes:from the perspective of international division of labor,there is still great potential for the development of trade in intermediate goods;from China's own perspective,high-quality development requires expanding trade in intermediate goods;from the perspective of the global political and economic landscape,the reconstruction of supply chains triggered by the Sino-US game will promote the increase of China's trade in intermediate goods.Currently,China's expansion of trade in intermediate goods faces internal challenges such as technical difficulties for enterprises to climb upstream and potential employment issues,as well as external challenges such as upstream development of passage countries,competition from intermediate goods from countries such as Japan and South Korea,and possible blocking or trade restrictions from the United States.China should adhere to the general idea of"market-oriented,government-guided"in expanding trade in intermediate goods.From the perspective of countries and regions,it should focus on promoting the export of intermediate goods to ASEAN regions;from the perspective of products,it is necessary to build a broad concept of intermediate goods,actively expand the export of various products,and focus on promoting the export of high-tech products;from the domestic perspective,it is necessary to adhere to the coordination of domestic regions,the coordination of intermediate goods exports and imports,the coordination of intermediate goods exports and final goods exports,and the coordination of manufacturing and service industries when expanding trade in intermediate goods.
Intermediate GoodsTradeGlobal Industry ChainStable Foreign TradeCorridor Countries