Deeply integrate into the joint construction of the "Belt and Road", make use of RCEP and other free trade agreements, strengthen multilateral and bilateral cooperation, consolidate traditional markets, and vigorously expand emerging markets. Looking at the work reports of local governments, many of them proposed the implementation of diversified international market expansion strategies to promote the stability and quality of foreign trade. As the Belt and Road Initiative has passed its first "golden decade" and the Regional Comprehensive Economic Partnership (RCEP) has been implemented for more than two years, China has been expanding its cooperation with emerging markets and diversifying its trading partners. In 2023, the import and export of countries jointly built by China and the "Belt and Road" will increase by 2.8% year-on-year, accounting for 46.6% of the total value of China's foreign trade, and the scale and proportion will be the highest level since the initiative was put forward. Total imports and exports to the other 14 RCEP member states totaled 12.6 trillion yuan, an increase of 5.3 percent over 2021 before the agreement came into force. In 2024, many places will also actively base on their geographical advantages and resource endowments, and launch various measures in accordance with local conditions to further promote international economic cooperation and help enterprises explore new markets.
Shandong, which is located in the center of regional economic cooperation in Northeast Asia, proposed that it will vigorously expand new markets, call the brand of "good products Shandong Lumao Global", organize about 260 overseas exhibitions, deepen Europe, America, Japan and South Korea, and make greater efforts to develop emerging markets such as ASEAN, Central Asia, the Middle East, Latin America and Africa; Fujian will promote the upgrading of the open platform, actively promote the integrated development of the port, shipping and trade of the Silk Road Maritime Transport, build high-level demonstration parks and BRICS innovation bases for economic and trade innovation and development between China and Indonesia and China and the Philippines, and enhance the economies of scale of the China-Europe (Asia) Express trains. Heilongjiang will deeply integrate with regional cooperation such as RCEP, expand cooperation areas and economic and trade scale, consolidate traditional trade markets such as the EU and the United States, and expand emerging trade markets such as the Middle East, Latin America and Africa. The central and western regions also have unique advantages and great potential. In 2023, Hunan's economic and trade cooperation with Africa took new steps, with the annual trade volume of 55.67 billion yuan, an average annual growth of 23.1% in the past three years. At the same time, Hunan successfully held the third China-Africa Economic and Trade Expo, and the overall Plan for the Construction of the Pilot Zone for In-depth Economic and Trade Cooperation between China and Africa was approved by The State Council. In 2024, Hunan will set high standards to build a pilot zone for in-depth economic and trade cooperation between China and Africa, actively strive to pilot a new type of barter trade between China and Africa, and strive to double its trade volume with Africa. We will ensure the success of major economic and trade events such as the 13th Central China Expo and the 11th Global Hunan Merchants Conference.
In addition, Chongqing will make every effort to stabilize the scale of foreign trade, explore emerging markets such as ASEAN, South America and Africa, tap the import potential of key equipment, high-end equipment, biomedica, food and raw materials, and explore the import allocation business of energy, minerals, food and other bulk commodities; Guizhou proposed that it will implement the action of improving the quality and efficiency of foreign trade, pay close attention to the market demand in Southeast Asia, South Asia and Central Asia, organize the production and export of marketable products, and continue to enhance the export competitiveness of key products such as new energy batteries, liquor, fertilizer, tires, tea and guitar. Yunnan proposed to deepen the potential of goods and services trade under the RCEP, continue to create a national processing trade gradient transfer key to undertake, and innovate the integrated development model of cross-border e-commerce "exhibition warehouse and broadcast". Liu Xiangdong, deputy minister of the Economic Research Department of the China International Economic Exchange Center, said in an interview with the International Business Daily reporter that this year should continue to implement RCEP in high quality and further deepen the intra-regional trade market; We will stabilize exports to developed economies and guide enterprises to further explore markets in countries jointly building the Belt and Road Initiative and in developing countries.
