The first half of the year's foreign trade import and export data is about to be released. Faced with the complex and severe external situation, foreign trade enterprises actively responded to the diversified demands of the global market in the first half of the year, continuously launched new products, enhanced product competitiveness, and maintained stable order growth. Against the backdrop of the vast number of foreign trade enterprises adapting to new trends and the implementation of stable foreign trade policies, China's foreign trade has shown strong resilience in the first half of the year, with stable volume and improved quality. Experts believe that in the second half of the year, external uncertainties and instability will still pose challenges to China's foreign trade development. It is necessary to further optimize the foreign trade environment, strengthen the coverage of export credit insurance, deepen the integration of regional economic and trade rules, and respond to the uncertainty of the external environment with the certainty of high-quality development. Steady progress and resilience show that in the first five months, China's total import and export value of goods trade was 1.794 trillion yuan, a year-on-year increase of 2.5%, according to data from the General Administration of Customs. Since the beginning of this year, China's foreign trade has steadily advanced in a complex environment, with a large number of foreign trade enterprises adapting to new situations, various assistance policies being implemented and effective, and goods trade achieving a 'simultaneous improvement in quantity and quality', demonstrating the unique resilience and vitality of China's foreign trade. ”On June 12th, He Yadong, spokesperson for the Ministry of Commerce, said at the regular press conference of the Ministry of Commerce. The steady progress of foreign trade relies on the adaptability and innovation of numerous foreign trade enterprises. In the first half of the year, our export order volume increased by 10% year-on-year, and we were able to sell 20000 to 30000 plush toys per day. The main reason was that we adjusted our product structure according to market demand and increased the speed of category updates, "Lu Qingrong, the person in charge of Jingrong Toys Co., Ltd. in Yiwu City, Zhejiang Province, told China Securities Journal reporters. Jingrong Toys is not an isolated case of seeking novelty through adaptation. Li Shangcao, the head of a cross-border e-commerce company that operates big health products, told reporters: "Thanks to the launch of new products, the company's export order volume has maintained a growth rate of about 10% for three consecutive months. Overseas users value the freshness of products very much, and in the second half of the year, the company plans to invest more energy in product research and development, striving to launch a new product every month." The adaptability and innovation of foreign trade enterprises have enhanced product competitiveness, becoming one of the important reasons why China's foreign trade has shown strong resilience under pressure. As Lu Daliang, spokesperson for the General Administration of Customs and Director of the Statistics and Analysis Department, recently stated, the majority of foreign trade operators have quickly responded to the diversified needs of the global market. Some traditional industries, with their advantages of complete supporting facilities, fast transformation and upgrading, and flexible operation, continue to launch new products, trendy products, and explosive products, promoting the "rejuvenation" of competitiveness. In Lv Daliang's view, China's strong resilience in foreign trade lies in its active construction of diversified markets and deepening of industrial and supply chain cooperation with various parties in recent years. This not only empowers each other's development, but also enhances its own resilience. From the perspective of export product structure, since the beginning of this year, the development of new quality productivity has accelerated, cultivating a group of equipment industry chain upstream and downstream enterprises with strong supporting capabilities and excellent product performance, promoting China's foreign trade to move towards the "new" direction, and accelerating the aggregation of new foreign trade drivers. Since the beginning of this year, the equipment manufacturing industry, as the backbone of China's manufacturing industry, has shown good development momentum, providing strong support for the stable growth of foreign trade. ”Lv Daliang said that in the first five months, the contribution rate of China's equipment manufacturing industry products to the overall export growth was 73%, with a contribution rate of 76.9% in May. New forms of foreign trade such as bonded maintenance have given rise to new growth drivers. ”He Yadong said that the Ministry of Commerce, together with relevant departments, has issued the first batch of bonded maintenance product catalogs for pilot free trade zones. Regions that meet the conditions can carry out bonded maintenance business for high value-added products such as aircraft and ships. As of May, more than 280 bonded maintenance projects have been implemented nationwide. The "new content" and "gold content" of foreign trade continue to improve, the competitiveness of high-tech and high value-added products is enhanced, and more high-tech new products are accelerating their overseas expansion, moving towards the high-end of the global value chain. Liu Xiangdong, Deputy Director of the Economic Research Department of the China International Economic Exchange Center, stated that currently, China's foreign trade industry structure is shifting from scale expansion to "technology+brand" driven. The rise of equipment manufacturing has reshaped export competitiveness and promoted the transformation of export commodities towards high-end products. Liu Xiangdong said, "Optimizing the structure of foreign trade can effectively resist the impact of weak global demand and trade protectionism, enhance the position of Chinese manufacturing in the global value chain, and at the same time force domestic enterprises to increase research and development investment, continuously cultivate new quality productivity, consolidate industrial upgrading and coordinated development advantages." The stable development trend is expected to continue. Zhou Junzhi, Chief Macro Analyst of CITIC Securities, believes that the peak season for retail consumption in some overseas markets is approaching, and there is still demand for replenishment of some products. It is expected that China's exports will perform well in June. During the interview, the reporter learned that many foreign trade enterprises have relatively optimistic expectations for exports in the second half of the year. Our orders have been scheduled until next year, and it is expected that the company's product exports will continue to grow in the second half of the year. ”Fang Gang, President of Juzhi Hezhong Technology Co., Ltd., told reporters. Fang Gang introduced that Ju Zhi He Zhong's flagship product is the independently developed radiation free hydrogen powered two wheeled vehicle, which is highly favored by young overseas consumers. The company's new factory in Dazhou, Sichuan will conduct trial production in mid July. After the first batch of samples pass the test, large-scale production will begin. It should be noted that China's exports are still facing a complex and severe external situation. At a press conference held by the State Council Information Office on June 16th, Fu Linghui, spokesperson for the National Bureau of Statistics, said, "In the next stage, there will be many external uncertainties and instability factors, which will bring certain pressure to China's foreign trade growth." Fu Linghui believes that China's comprehensive advantages in foreign trade development are still obvious, and the high-level opening up based on mutual benefit and win-win results will continue to expand, which will continue to support the steady development of foreign trade. In Liu Xiangdong's view, foreign trade will continue to maintain steady growth in the second half of the year. With the support of stable foreign trade policies, China's foreign trade still has strong resilience. The equipment manufacturing industries such as electric vehicles, ships, and industrial robots still have strong competitiveness. The rapid development of new formats and models such as cross-border e-commerce and overseas warehouses, as well as the rapid development of digital trade, green trade, and service trade, will strongly support the continued stable development trend of foreign trade. Liu Xiangdong suggested further optimizing the foreign trade environment, strengthening the coverage of export credit insurance, deepening the integration of regional economic and trade rules, promoting full chain digitization, and providing more favorable conditions for enterprises to carry out foreign trade. In addition, we will promote the optimization and upgrading of goods trade and the improvement and innovation of service trade, and strive to stabilize the market share of external demand. (New Society)