Trading With G20 Accounts For Half Of China'S Foreign Trade.

In early September, the summit of the group of twenty leaders (G20) and the summit of the group of twenty (B20) will be held on the back of West Lake, Hangzhou.

As one of the four topics of the G20 summit, "strong international trade and investment" has become a hot topic of concern.

The International Monetary Fund (IMF) lowered its global economic growth forecast from 3.4% to 3.2% this year, which has been down several times in April.

In April 7th, the World Trade Organization (WTO) also predicted that global trade growth this year will be less than 3% for fifth consecutive years.

In July 8th, the first global trade climate index released by WTO in Shanghai showed that the current global trade climate index was 99, slightly below the trend level.

In July, the G20 trade ministers' conference approved the "G20 Global trade growth strategy", aiming at reversing the trend of trade growth and promoting the development of international trade by coordinating trade and investment policies, adopting facilitation measures to reduce trade costs and increasing trade financing.

Yi Xiao Jun, deputy director general of the World Trade Organization (WTO), said: "there is still great potential for cooperation and trade in the field of trade and investment."

"Trade friction still exists," said Liu Danyang, deputy director of the Ministry of Commerce's trade relief Survey Bureau.

Gao Hucheng, Minister of Commerce of China, held the 2016 meeting of the trade ministers of the group of twenty (G20) in July 10th. The main task of G20 is gradually changing from crisis response to long term governance. Trade and investment issues become another pillar of G20 cooperation mechanism after financial and financial affairs.

In the B20 conference, which was set up in 2010, the industrial and commercial circles of various countries participated in the global economic governance and promoted the world economic growth, trade and investment, SME development and other issues were also widely raised.

The pace of Chinese enterprises to enter the overseas market is accelerating.

In the EU countries, Pirelli of Italy tire company was bought by Chinese chemical industry in 2015. In mid 2016, the robot business was acquired by the US group.

On the eve of the G20 summit, at a news conference in Beijing in September 1st, Woodk, chairman of the China EU Chamber of Commerce, expressed the hope that China and the EU could complete consultations on the Sino EU bilateral investment agreement containing market opening and reciprocal reciprocity in 2017.

Woodk said that because of the slow progress of China's opening up market, he was worried that "trade protectionism sentiment is growing among European officials".

WTO's G20 policy periodic monitoring report, released in June this year, shows that in the 7 months to mid May this year, the G20 economy has introduced 145 protectionist measures, the highest since 2009.

Among them, anti-dumping measures account for the overwhelming majority of the global trade restrictive measures. Most anti-dumping investigations are concentrated in industries such as metals and chemicals.

G20 trade accounts for about 80% of Global trade and plays an important role in leading long-term growth of Global trade.

On August 30th, at the founding ceremony of the China electric and mechanical products import and Export Chamber's balanced vehicle branch, the China Electric Machinery Association electric balance vehicle branch revealed that since the end of 2015, the United States has launched 3 "337 surveys" on China's balanced vehicle continuously.

The "337 investigation" measure is very strict, so long as it is not responding to a lawsuit or losing a lawsuit, it will not be able to enter the US market.

In particular, the most lethal means of universal exclusion, once issued, are not allowed to enter the United States for sale regardless of origin, origin, importers, owners and sellers.

"Last year, as long as there were goods, there were people who didn't need to consider the sales volume. Now the sales volume has plummeted by about 9 percent. There is basically no order."

A balance car company leader told the economic observer.

The path of overseas investment and cooperation is not smooth sailing.

In July 28th, the United Kingdom decided to reassess the participation of Chinese enterprises in the Hick's nuclear power plant.

In August 19th, Australia rejected the bidding of Chinese enterprises for a 10 billion Australian dollar (US $7 billion 700 million) grid project.

On August 27th, foreign ministry spokesman Lu Kang said that all previous summit of the group of twenty leaders would formulate specific policies for trade and investment protectionism. The Hangzhou summit is no exception, and China will also push ahead with the Hangzhou action plan.

As the rotating presidency of the G20 summit in Hangzhou, China has pushed trade and investment to the G20 agenda this year, and has created a mechanism platform for G20 trade ministers' meeting and trade and Investment Working Group.

From 4 to 5 September, the eleventh summit of leaders of the group of twenty (G20) will be held in Hangzhou.

"Building an innovative, dynamic, interactive and inclusive world economy" has become a hot topic.

On the understanding of linkage development, Chinese President Xi Jinping pointed out in his speech entitled "jointly safeguarding and developing an open world economy" in September 2013, that the strong growth of the world economy came from the common growth of all countries, and urged all countries to establish a sense of destiny community and truly recognize the joint effect of "one glory, one glory and one harm".

Zhang Jun, director of the Department of international economic affairs of the Ministry of foreign affairs, said earlier that when promoting the role of G20 in world economic affairs, we should advocate joint development so that all countries in different positions in the global value chain, supply chain and industrial chain can play their own advantages, share development opportunities, and establish more convenient networks such as global trade, energy and logistics, so as to reduce the cost of growth.

At present, many G20 members have proposed the infrastructure interconnection initiative or investment plan, such as the European Union's infrastructure interconnection plan proposed by the European Union, the "pnational railway corridor plan" proposed by South Africa, and the "one belt and one way" strategy put forward by China.

Chinese enterprises are investing heavily in infrastructure investment.

Take the EU countries as an example, Toulouse airport in France, Piraeus port in Greece and Portuguese power plants have been co operated by Chinese companies in the form of majority ownership.

"Inclusive and coordinated global

It is of great significance for promoting employment and investment.

Developing countries and small and medium-sized enterprises have difficulties in restructuring, and we must strengthen capacity building. "

Gao Hucheng said that G20 members unanimously support different countries and enterprises of different levels of development, especially developing countries and enterprises to integrate into the global value chain.

This is the first time that China has held the G20 summit.

In addition, the diplomatic stage of the Hangzhou summit will witness many "first".

This will be the first time that Canada's prime minister Trudeau, Brazil president Tony mill and British Prime Minister Teresa May have come to China after taking office.

Canadian Prime Minister Trudeau faces in August 30th.

"Any neglect of China's economic policy is short-sighted and irresponsible," the family's public exchange campaign said.

Trudeau said that deepening exchanges with China can achieve the goal of Canada itself - "create employment opportunities, consolidate the middle class, and revitalize bilateral relations".

Infrastructure construction also includes the Internet.

China and the "along the way" countries in the field of information exchange has been quite extensive.

In the cloud computing industry, the wave group is one of the most powerful IT enterprises in China.

Sun Pishu, chairman of the wave group, told the Economic Observer: "through the signing of the cloud computing center with Russian enterprises, the construction of smart cities in Indonesia, the help of Thailand's construction of media cloud, and the help of the Saudi Arabian dates gene research, the major projects of the wave have already covered half the countries along the way."

In China, there are still many enterprises that go out positively.

Innovation is reflected in the development and change of trade platform.

In the promotional video of the G20 summit in Hangzhou, Ma Yun, chairman of the board of Alibaba group, restated its support for the online world trade platform. Twenty

In September 1st, Jingdong, the second largest electricity supplier and the largest selling platform for wine sales, signed an agreement with Chile's international trade relations division (DIRECON) to create Chile's wine page on Jingdong website platform.

Andreas Repoedo, Vice Minister of Chile's trade department who signed an agreement with Alibaba last year, said: "these two websites will play a huge role in promoting our trade and Chile's online exports to China."

In 2015, despite the slowdown in Global trade, China

Still grow against the trend.

According to Alibaba's cross border e-commerce data, China's cross-border e-commerce (including wholesale and retail) pactions totaled 4 trillion and 800 billion yuan, an increase of 28% over the same period last year, accounting for 19.5% of China's total import and export volume.

Among them, China's cross-border e-commerce retail pactions amounted to 751 billion 200 million yuan, an increase of 69% over the same period last year.

Ali Institute predicts that by 2020, the scale of cross-border e-commerce pactions in China will reach 12 trillion yuan, accounting for about 37.6% of China's total import and export volume, and cross-border e-commerce retail exports will reach about 2 trillion and 160 billion yuan, an average annual growth rate of 34%.

The ECI index compiled by Ali Research Institute (designed to reflect the close degree of interconnection between China and other countries in cross-border e-commerce) shows that in 2015, the top five cross-border electricity supplier connectivity indexes of other countries in G20 were China, the United Kingdom, Australia, France and Italy.