In recent years, the global economic situation is complicated. In the context of weak economic growth, the strong appreciation of the US dollar, euro, yen competitive devaluation, the Mexican peso and other currencies in emerging markets sold off even once. While the G20 repeatedly that it will not implement competitive monetary policy, monetary policy only for the domestic economy, but the competition between currencies has become a risk point of the global economy.
In the world economy has undergone profound changes, China changed the "low profile" style, actively participate in the world economic changes in the past, that "along the way" strategic concept, the initiative to build the infrastructure investment bank in Asia, and plans to build China's specialized high-end think-tank. These initiatives, while promoting the development of China and the world economy, but also gradually improve China's pricing right to speak in international trade.
China's trade pricing missing
Thirty years of China's reform and opening up, economic construction has made remarkable achievements, but also faces many new difficulties. One very big problem is that Chinese pricing power in international trade is missing. 2010, Ministry of Commerce spokesman Yao Jian once said helplessly: "Our country in how commodities 'prices', the Chinese have little say what to buy, what price; what China to sell, what to cut prices.."
In this "resource is king" era, our country in international competition is not an advantage. For a long time, Europe and other developed countries have a majority of commodity pricing. As a "world factory" in China, although mastered certain production initiative, but the trade initiative was far away from us. In the important field of commodities crude oil, iron ore and grain, China passively accept the prices on the international market, fundamentally speaking, because of China's lack of commodity pricing.
Commodity markets accounted for 50 per cent of gross national product, it is an important component of the national economy. Energy, chemicals, iron and steel, nonferrous metals, agricultural products and other commodities, while not directly enter the retail segment, but it is the basis of all industrial and agricultural production. It can be said commodity markets control a country's economic lifeline. However, international commodity prices is not entirely determined by supply and demand, but the affected countries and international pricing information agencies to some extent. China wants to further development, we must change the passive situation.
Chinese Layout "along the way" Strategic Planning
2013, China put forward "along the way" of the strategic vision and initiative to build Asia's infrastructure investment bank. Through "along the way," the strategic plan, China will achieve a very important regional economic integration. At the same time, each participating country to "all the way along the" strategy will also profit from, and forming a mutually beneficial and China's new international relations. If "along the way" strategy can steadily, and expanding geographic coverage, it will likely integrate the Eurasian economic system and promote a new round of world economic development.
China's strategic plan to give a positive response from the international community, not only the Asian countries urgently need "along the way" of the building to revitalize their economies, many European countries have applied to join the "along the way" of strategic planning in the past. Britain, France, Germany, Italy, Russia and other countries have applied for, and became a founding member of Asian investment bank. As of April 15, 2015, the five permanent members of the UN Security Council four Xijiaruya investment bank; G20 countries are 14 Xijiaruya investment bank; the Western Group of Seven have four Xijiaruya investment bank; BRIC countries all added an investment bank.
It is foreseeable that after "all the way along the" strategic planning and implementation, will establish a mutual political trust, economic integration, culturally inclusive community of interests, common destiny and responsibility of the Community. In the China-led development planning, not only China's capital and productivity will be fully released, the Chinese pricing right to speak in international trade will continue to improve.
The gradual rise of Chinese commodity information agency
Pricing competition in international trade, not only financial support and trade, but also need to be able to stand for justice, on behalf of the interests of the people, have the data to support third-party information agencies internationally influential offer. Recently, the NDRC price department and ten organizations have signed a memorandum of cooperation "to strengthen price monitoring and early warning analysis" and jointly establish a price monitoring, early warning and cooperation mechanism analysis. In all partner agencies, in addition to the three futures exchanges, the major trade associations, commodity information agencies - Zhuo record information has become the NDRC price department cooperation mechanism. As "the first Chinese commodity information portal" Zhuo record information service areas have been covered energy, chemicals, plastics, rubber, agricultural products, agricultural supplies, medicines, iron and steel, nonferrous metals, forestry, paper, building materials, animal husbandry, regeneration resources and other commodities industries, up 3.5 million registered members, including Fortune 500 companies in 279 Zhuo record information has become contract customers. Around the world through 50 000 information gathering, Zhuo record information updated on information amounted to 70,000 pieces.
Zhuo record information has become China's information agency in international commodity markets gradually rise. At present, Zhuo record information has more than 50 varieties of valuation are pricing benchmark domestic market, by the National Development and Reform Commission, the National Bureau of Statistics, China Customs, and the major commodity exchanges as a reference price. According to incomplete statistics, more than 300 domestic and foreign furniture enterprises have influence on the market price of the Zhuo record information as a trading benchmark pricing. "For China to compete in commodity pricing right to speak" as a strategic objective of Zhuo record information, is the voice of China in the international trade market.
China's strategic layout of the building of new think tank
Early 2015, the CPC Central Committee and State Council issued "on the strengthening of the new think tank construction with Chinese characteristics comments," clearly put forward the implementation of the national high-end construction planning think tank, while emphasizing the scientific layout, will focus on building 50-100 Country urgent need, distinctive features, system innovation, to lead the development of specialized high-end think-tank.
Significance of nation-building high-end think-tank is to further enhance the soft power of our country, to create a good international environment for China's economic and social development, to play a greater role in public diplomacy and cultural and mutual learning in order to continuously enhance the international influence of our country and the international discourse as the goal, prospective, macro, strategic and long-term research, we propose strategies and recommendations with global vision for China.
Zhuo record information as a think-tank of Chinese commodities, in market data, industry analysis, pricing benchmarks in areas such as services of Chinese enterprises. In international trade negotiations, Zhuo pricing benchmarks and analysis of information already has a preliminary influence and authority; Zhuo index for Chinese enterprises to provide the data support and price basis, China's foreign trade enterprises to negotiate professional tools .
Through China "along the way" of strategic planning, the Asian investment bank established infrastructure, while boosting Zhuo record information and a number of national information agencies, China will passively accept the international market pricing rules, pricing rules transformed into international participation and makers. In the future, Chinese companies will achieve better international environment for development. China will continue to improve pricing right to speak in international trade.