What is the significance of the NPC’s heavy deployment of domestic and foreign trade integration？ How to get through the key blocking points？

　"Accelerating the integrated development of domestic and foreign trade is an inherent requirement for building a new development pattern and promoting high-quality development."

　　According to Xinhua News Agency, the the State Council executive meeting held on December 1st mentioned "accelerating the integration development of domestic and foreign trade", stressing the need to benchmark the international advanced level, speed up the adjustment and improvement of relevant domestic rules, regulations, management and standards, promote the convergence of domestic and foreign trade standards, inspection and certification, and supervision, and promote the homogeneity of domestic and foreign trade products with the same line and standard. It is necessary to focus on enterprise demand and market feedback, optimize policies in a timely manner, effectively break through the key blocking points that hinder the integration of domestic and foreign trade, and help enterprises switch smoothly between domestic and international markets. It is necessary to optimize the development environment of domestic and foreign trade integration, implement relevant financial support policies, and jointly promote the high-quality development of domestic and foreign trade.

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　　Realization of integration of domestic and foreign trade

　　Help to reduce trade barriers and trade costs.

　　On December 30, 2021, the Opinions on Promoting the Integration of Domestic and Foreign Trade issued by the General Office of the State Council proposed that promoting the integration of domestic and foreign trade is conducive to the formation of a strong domestic market and the smooth domestic and international double cycle. The regular meeting of the State Council held on December 1 also emphasized that accelerating the integrated development of domestic and foreign trade is an inherent requirement for building a new development pattern and promoting high-quality development.

　　So how do you understand the significance of this move to smooth the domestic circulation and accelerate the construction of a unified national market?

　　Chen Bo, a researcher at the Free Trade Zone Research Institute of Liaoning University, explained to the reporter of Chengdu Business Daily-Red Star that the integration of domestic and foreign trade can not be simply understood as the export products turning into domestic sales, but the export and domestic sales are the same. In other words, there should be no difference in rules, regulations, standards, supervision and other aspects between domestic and export products, focusing on the cost of the circulation of goods and services of enterprises.

　　Chen Bo said that accelerating the integration of domestic and foreign trade is a direct manifestation of the double cycle and a basic requirement. For enterprises, the original domestic and foreign trade is a divided market. To promote the integration of domestic and foreign trade, the cost of rules, regulations, standards and design in different markets may be greatly reduced, and the marketing cost will also be greatly reduced, which is conducive to expanding the profit points of enterprises. At the same time, the unification of domestic and foreign trade in terms of standards, rules, regulations and supervision will enable enterprise products to adapt quickly when they encounter international special demand shocks.

　　Zhu Keli, executive director of China Information Association and founding dean of the National Research Institute of New Economics, said that from the perspective of stabilizing foreign trade, by promoting the integration of domestic and foreign trade, the risks and uncertainties of enterprises facing the international market have been reduced. The integration of domestic and foreign trade will help to reduce trade barriers and trade costs and improve the competitiveness of enterprises. By optimizing the policy environment and breaking through key blocking points, enterprises can switch between domestic and international markets more smoothly. This will help to stabilize foreign trade orders and market share, and enhance the ability of enterprises to resist risks. Promote the upgrading of foreign trade products and brand building by strengthening the docking with the international market. This will help to enhance the popularity and influence of China Manufacturing and promote the sustainable development of foreign trade.

　　From the perspective of expanding domestic demand, Zhu Keli analyzed that by promoting the homogeneity of domestic and foreign trade products, consumers can buy products with the same quality as those in the international market in the domestic market. This will improve the quality and level of domestic consumption and meet consumers’ demand for high-quality and diversified goods. By implementing relevant financial support policies, enterprises can have more resources and motivation to expand the domestic market. This will help to expand the scale of domestic demand and promote consumption upgrading and economic growth. By strengthening the standardization of the domestic market, the fairness and transparency of market competition will be improved. This will provide consumers with more choices and better services and stimulate the release of domestic demand potential.

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　　Break the small circle of local closure

　　Promote the smooth flow of commodity resource elements in a wider range.

　　The regular meeting of the National People’s Congress held on December 1 clearly stated that it is necessary to effectively break through the key blocking points that hinder the integration of domestic and foreign trade.

　　So, how to understand the blocking point of domestic and foreign trade integration? On December 30, 2021, the Opinions on Promoting the Integrated Development of Domestic and Foreign Trade issued by the General Office of the State Council pointed out that "the existing regulatory system is not perfect enough, the ability to make overall use of two markets and two resources is not strong enough, and the integrated development of domestic and foreign trade is not smooth enough, which can not fully meet the needs of building a new development pattern."

　　Chen Bo explained that the actual investigation found that enterprises would encounter some specific obstacles, for example, foreign trade is guaranteed by the Export-Import Bank, and the guarantee problem of domestic trade needs to be solved. There are export tax rebates in foreign trade, but there are no export tax rebates in domestic trade, but can we enjoy some industrial policies? There are many differences between domestic trade and foreign trade in industrial policy, regulatory policy and tax policy, which need to be sorted out. At the same time, domestic and foreign trade are completely different from the implementation of relevant commercial laws and regulations, and this aspect also needs to be investigated, analyzed and reformed to promote the smoothness of domestic and foreign trade rules.

　　Wei Wang, director and researcher of Market Economy Research Institute of the State Council Development Research Center, also wrote in Economic Daily that there are still some difficulties in promoting the integration of domestic and foreign trade, especially the gap between foreign trade product standards, settlement methods, circulation channels and business environment and the international advanced level. In this regard, it is necessary to start with institutional mechanisms and promote development through innovation.

　　Wei Wang said that it is necessary to integrate the domestic and foreign trade of market players and promote the integration of other aspects. China should not only cultivate large-scale circulation enterprises with international competitiveness, realize the extension of circulation channels from home to abroad, but also promote the transformation and upgrading of foreign trade enterprises, open up and smooth domestic circulation channels, and also cultivate cross-border e-commerce platform enterprises, build bridges between domestic and foreign trade, and help enterprises switch smoothly between domestic and foreign trade businesses. At the same time, we should constantly establish and improve the unified national market system and rules, clean up and abolish all kinds of regulations and practices that hinder unified market and fair competition, break the small local closed cycle, and promote the smooth flow of commodity resources in a wider range. On this basis, we will increase the opening of the domestic market, especially the service market, and promote the smooth flow and efficient allocation of domestic and foreign resource elements. Promote the comprehensive and smooth domestic circulation, connect the domestic and international markets, and create a market-oriented, rule-of-law and international business environment.