In recent years, the new business forms of China's foreign trade have developed vigorously, with continuous innovation. Cross-border e-commerce has grown by nearly tenfold in five years, and continued to maintain a double-digit growth in 2021. The scale of market procurement has increased five times in six years. In 2021, export volume reached a record high. There are over 1,500 comprehensive foreign trade service enterprises and the number of overseas warehouses exceeds 2,000. About 130 bonded maintenance projects under processing trade have been completed. Offshore trade developed steadily. The new business forms and models have become a new driver for the transformation and upgrading and high-quality development of foreign trade.

In the next step, in accordance with the requirements of the Opinions of the General Office of the State Council on Accelerating the Development of New Forms and Models of Foreign Trade, the Ministry of Commerce will continue to improve the policy system, create a sound environment and improve services by focusing on the following aspects: First, effectively promoting integrated pilot zones for cross-border e-commerce, and working with relevant departments to expand a number of new integrated pilot zones. Second, improving trade facilitation of market procurement and the dynamic adjustment mechanism of pilot programs on market procurement trade. Third, cultivating a number of quality overseas warehouse companies, and improving a overseas warehouse network that can offer convenient service to various trade markets. Fourth, steadily promoting the development of comprehensive foreign trade service enterprises, bonded maintenance and offshore trade. Thank you.