Ministry of Commerce: China's industrial development, the overall external market environment is tightening

Chong Quan, deputy representative of the International Trade Negotiation of the Ministry of Commerce, said at the "7th China Industrial International Competitiveness Forum" yesterday that China's competitiveness ranking in the world has now risen to 26th, leading in the BRICS countries, but the future The further improvement of China's industrial competitiveness faces enormous challenges. From the perspective of the external environment, the instability and uncertainty of the recovery of the world economy are prominent, and the risk challenge is increasing. The overall external market environment facing China's industrial development is tightening. Changes in the global economic landscape have put pressure on China's industrial transformation and structural adjustment. As global trade and investment protectionism heat up and trade frictions increase, it has seriously hindered China's product exports and enterprises "going out." From the perspective of the internal environment, after the long-term high-speed development of China's industry, it has entered a new stage of structural adjustment, and there are still some unfavorable factors in the development of the modern industrial system. For example, overcapacity in some industries, increased resource and environmental constraints, rising labor costs such as labor, and some SMEs face operational difficulties.  

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