(a) International trade in services is booming
(b) Environmentally friendly products are popular worldwide
(a) Paperless trade gradually prevails
Paperless trade (EDI for short), is the use of electronic data exchange instead of traditional paper documents for trade activities, the standard economic information through the communication network, the transmission and processing between the computers of business partners, in order to achieve the purpose of the transaction between buyers and sellers. The use of EDI in international trade activities, can greatly reduce or even eliminate in the traditional trade process of a variety of paper documents and documents, to avoid duplication of data input, simplify the work procedures, which can not only speed up the feedback of information, can get a lot of business information in a timely manner, reduce errors, reduce costs, improve efficiency, facilitate management, in the fierce market competition, but also provide a more conducive to business trade opportunities and conditions.
Paperless trade began in the 1960s, but only gradually expanded to the field of international trade in the 1980s. Since 1992, the U.S. import and export trade declarations are using EDI; Japan has developed a “Strategic Information System (SIS)” with the application of EDI; Korea has also established an EDI service system – Korea Trade Network (KT-NET); the Chinese government has established the “EDI Service System”. -NET); the Chinese government has set up the “China Coordination Committee for the Promotion of EDI Application” to promote the application of EDI; the United Nations has also proposed a trade service promotion project for the application of EDI – ET2000. ET2000, the United Nations Commission on International Trade Law (UNCITRAL) is developing international law on the application of EDI, to create conditions for the universal use of EDI in the global context.
(B) the rapid development of managed trade
Management of trade specifically refers to a country’s government from the country’s macroeconomic interests and domestic and foreign policy needs, the administrative management of foreign trade activities and intervention. For international economic organizations is the coordinated management of the international economy.
Since the 1990s, due to the fierce competition in the international market and the increasingly sharp struggle for market share among industrial countries, which has created a strong impact on the capitalist world economic system, the countries concerned have recognized the necessity of strengthening international economic coordination due to the relevance of economic interests. Developing countries have strongly promoted economic development through the adjustment of industrial and economic structures, as well as the implementation of reform and opening-up policies. Newly industrialized countries and regions such as South Korea, Singapore, Hong Kong and Taiwan have begun to compete with developed countries for international market share in such commodities as automobiles, home appliances, garments and electronics, and developed countries have adopted a number of regulatory trade measures in order to protect the development of traditional industries; with the further strengthening of the trend of regional grouping of the world economy, the regional economic blocs, in order to protect the internal market, while gradually removing various obstacles to the free flow of goods and factors of production, external exclusion, so that the rise of new trade protectionism, non-fair monopolistic competition and contradictions between the blocs intensified, non-member countries also feel that their trade space is shrinking, in order to expand exports and protect markets The unilateral management of trade and the coordinated management of trade with the blocs need to be strengthened; with the new development of internationalization of production, multinational companies need to adopt free trade and eliminate all restrictions on foreign economic expansion, but also need to improve competitiveness with the help of state intervention in foreign trade in order to protect certain industries from foreign monopolistic organizations, therefore, managed trade will be rapidly developed in the 90s.
Scope of application
In view of Incoterms from time to time revised, so if the parties to the contract intends to book Incoterms in the sales contract, it is important to clearly indicate the version of Incoterms cited. It is easy to overlook this point, for example, when in the standard contract or order form referenced in an earlier version, failure to refer to the latest version may cause disputes over whether the parties intend to refer to a new version or an earlier version in the contract. Merchants who wish to use Incoterms 2000 should specify in the contract that the contract is governed by Incoterms 2000.
The current development trend and characteristics of international trade can be summarized as six aspects.
1, international trade into a new round of high growth, the pull of trade on economic growth is becoming more and more obvious.
2, the developed countries as the center of the trade pattern remains unchanged, China has become a new force in the growth of international trade.
3, the multilateral trading system is facing new challenges, and regional economic cooperation on a global scale is gaining momentum.
4, international trade structure towards advanced, the development of trade in services and technology trade is flourishing.
5, the trend of trade and investment integration is obvious, and the leading role of multinational companies in global trade is increasing.
6, the struggle between trade liberalization and protectionism is intensifying, and various trade barriers are emerging.
The economic globalization with the globalization of trade as the primary content has had a profound impact on China’s economic and business development. In-depth analysis and grasp of the current development trends and characteristics of international trade, for our scientific decision-making, in a wider range, broader areas and higher levels of participation in international economic cooperation and competition, to grasp the various opportunities brought about by economic globalization, has a very important significance.