Notice of the Ministry of Commerce on Issuing the "Twelfth Five-year Development Plan for the Import and Export of Electromechanical and Hi-tech Products"

On June 4, 2012, the Ministry of Commerce formulated the “Twelfth Five-Year Development Plan for the Import and Export of Electromechanical and Hi-tech Products” (hereinafter referred to as “Planning”). "Planning" recalls the "Twelfth Five-Year Plan" of the "Eleventh Five-Year Plan" and establishes the guiding ideology, basic principles, main objectives, and key tasks for the import and export of electromechanical and high-tech products during the "12th Five-Year Plan" period.

During the “Eleventh Five-Year Plan” period, under the joint action of internal and external factors such as the support of national policy support and the large-scale transfer of international industries, the import and export of mechanical and electrical products in China have achieved rapid growth. The trade has doubled in size, the product structure has been significantly optimized, the export market has covered the whole world, the expansion of the import and export results has been demonstrated, and the main trading structure has become more rational. However, although foreign trade in electromechanical and high-tech products has achieved remarkable results, the deep-seated problems that have hampered development for a long time have not yet been fundamentally resolved. When ushering in the major and profound changes in the world economy and trade pattern in the "Twelfth Five-Year Plan" period, China's development is still in an important period of strategic opportunities.

——Challenges in the import and export of electromechanical and hi-tech products 1. The tightening of the external environment is mainly reflected in: 1. The sluggish external demand will become the main factor restricting the development of exports; 2. The global supply and demand structure will change significantly; 3. Trade protectionism will intensify .

Second, low-cost competitive advantage is gradually weakened due to factors such as the scarcity of energy resources, international commodity prices have long been bullish, and shortages of resources such as domestic labor force, land factors, and environmental pressure are prominent, and the export expansion of factor investment has become increasingly constrained.

Third, China's trade promotion system and coordination mechanism need to be improved The current trade promotion policies have not yet formed a policy supporting the entire process of R&D, production, and marketing of enterprises. The import policy is facing a strategic transformation, and the impetus for imports to adjust the economic structure needs to be strengthened. Trade policies and industries, fiscal and taxation, finance, banking, investment, and regional policies need to strengthen coordination and form a joint force.

- Opportunities for the import and export of electromechanical and hi-tech products 1. The accelerated transformation of the world economic structure The major economies have accelerated technological innovation and strategic adjustment of the industrial structure, providing opportunities for me to participate in international industrial transfer and foreign economic and technological cooperation. II. The comparative advantage of mechanical and electrical products exports has not changed. China's mechanical and electrical industry has a complete range of products, huge production capacity, complete industrial supporting systems and infrastructure, and an industrial base for exporting countries.

Third, the adjustment of domestic industrial structure will make the import of electromechanical and high-tech products have greater development China's industrialization process is accelerating, and key industries urgently need to accelerate the development through the introduction of advanced technology and equipment and key components, and improve the technological level and international competitiveness. This will create a good market space for me to expand imports of mechanical and electrical products.

Fourth, strategic emerging industries are expected to become new growth points in foreign trade. Chinese enterprises have obvious advantages in the manufacturing of new energy products such as photovoltaic and wind energy. Some products have begun to export in scale. Some new materials, new generation of information technologies, and biotechnology have reached international advanced levels. The development prospects are very broad. With the successive introduction of relevant support policies, the internationalization of China's strategic emerging industries is expected to further accelerate.