Multi-Government Governments Stabilize Foreign Trade “Big Gift Packages”, Key Foreign Trade Enterprises Re-increasing Productivity
Our reporter Liu Meng
"As of March 30, the recovery rate of 75.6% of key foreign trade companies across the country exceeded 70%, an increase of 4.2 percentage points from last week. Hubei Province also has more than 50% of foreign trade companies with a recovery rate of more than 70%. Liu Changyu, the second inspector of the Ministry of Commerce's Foreign Trade Department, introduced it at the regular press conference of the Ministry of Commerce on April 2.
"China's foreign trade enterprises have resumed production and production and have achieved positive results, but due to the impact of overseas epidemics, they are facing shrinking external demand and order loss." Liu Xiangdong, deputy director of the Economic Research Department of the China International Economic Exchange Center, told the Securities Daily reporter that This requires further measures to stabilize demand, expand diversified markets and adjust product structure, accelerate the optimization and upgrading of the industrial chain, and timely meet the external demand for corresponding products or services during the epidemic; at the same time, actively expand domestic demand and do a good job of turning exports into domestic sales.
"Securities Daily" reporters combed and found that in order to reduce the negative impact of the epidemic on foreign trade, recently, Guangdong, Zhejiang, Henan, Gansu, Jiangsu, Shandong, Shaanxi, Heilongjiang, Guangxi, Jiangxi and other places have successively introduced specific measures, the Ministry of Commerce, the Ministry of Industry and Information Technology The central bank, the customs, the CCPIT, the Credit Insurance and other departments have also issued supporting policies.
Taking Chongqing as an example, on March 30, "Chongqing's Policies to Respond to the New Coronary Pneumonia Epidemic and Stabilize Foreign Trade and Foreign Investment" proposed supporting enterprises to resume work in an orderly manner, increase financial support, reduce logistics costs, support enterprises to expand international markets, and strengthen Twelve policies including legal aid for foreign trade and optimizing export tax rebate services.
Taking Jiangxi Province as an example, focusing on the difficulties and blocking points encountered by foreign trade enterprises, we have introduced measures to respond to the epidemic and stabilize foreign trade in terms of supporting staff return, market development, and credit guarantee financing. At the same time, the launch of a digital foreign trade service platform helps companies to receive orders overseas, implements “one-on-one” assistance, purchases resumption of work and resumption of production insurance for enterprises, and provides peace of mind to business owners and employees.
In addition, there are many provinces and cities to help foreign trade companies do a good job of "export to domestic sales." For example, many people's governments in Zhejiang Province have signed strategic cooperation agreements with Pinduoduo, and many foreign trade companies have turned to e-commerce platforms to promote exports to domestic sales.
In order to stabilize the basic foreign trade market, the Jiangsu Provincial Government held a press conference on April 2 emphasizing the need to implement policies such as financial support, tax reduction and exemption, and assistance to stabilize enterprises.
Liu Xiangdong said that to stabilize the basic foreign trade market, we must give full play to the advantages of China's entire industrial chain, encourage and support enterprises to actively adjust their product structures, promote optimization and upgrading, and promote the expansion of overseas markets to countries and regions along the “Belt and Road”, including supporting the establishment of overseas warehouses. Expanding cross-border e-commerce channels, etc. At the same time, increase tax and fee reductions for foreign trade companies, and provide facilitation measures in various links such as production, distribution and customs clearance, and boost exports while ensuring prevention and control safety. (Securities Daily)