(Economic Observation) Fujian's war against "epidemic" stabilizes foreign trade
China News Agency, Fuzhou, April 4 (Reporter Long Min) "From last week, it was clearly felt that the entire order was declining, mainly due to the severely affected national orders." General Manager of Quanzhou Sanying Superhard Tools Co., Ltd. Jiang Wenqing said on the 4th that at present, there are some cases of rejection of the goods sent out.
Quanzhou Sanying Superhard Tools Co., Ltd. is a comprehensive enterprise specialized in R & D, manufacturing and sales of diamonds. Jiang Wenqing said that since the resumption of work, corporate orders have increased by 50% compared with the same period last year. However, due to the overseas epidemic situation, three orders have been rejected. Fortunately, the company has insured export credit insurance for five consecutive years.
Statistics show that Fujian's total economic output exceeded 4.2 trillion yuan in 2019, of which foreign trade imports and exports exceeded 1.3 trillion yuan. Since the outbreak of the New Coronary Pneumonia epidemic, export enterprises in Fujian have generally faced difficulties such as delivery difficulties and difficulty in receiving orders. They have fallen into the dilemma of “have no way to take orders” and “dare not to take orders”.
The relevant person in charge of the Fujian Provincial Department of Commerce pointed out that some foreign-invested foreign-funded enterprises face trade risks such as order cancellation and compensation due to factors such as delayed factory resumption, insufficient production capacity, and reduced international freight shipping schedules. , Leading to a decrease in corporate orders.
A person from the Fujian Provincial Department of Industry and Information Technology also said that since March, due to the epidemic, the demand in the international market has decreased, orders for some export-oriented enterprises have been cancelled or delayed, and sales and profits have declined.
Boosting foreign trade has become the top priority of Fujian, a major foreign trade province. At present, Fujian is fully promoting the resumption of production and production, of which the resumption rate of key foreign trade enterprises is 100%.
On February 19 this year, when the domestic epidemic was in full swing, Fujian introduced 26 policies to stabilize foreign trade and stabilize foreign investment and promote consumption, focusing on reducing the impact of the epidemic on foreign trade. A month later, in the face of the spread of foreign epidemics, Fujian issued another 28 "enhanced version" measures to fully implement foreign trade stabilization, foreign investment promotion, and effectively promote high-quality development.
Wu Nanxiang, director of the Fujian Provincial Department of Commerce, said in an interview with a reporter from China News Service that he arranged funds to reward financial institutions to support foreign trade financing, and promoted the establishment of a 40 billion yuan RMB foreign trade stabilization special loan by the Export-Import Bank of Fujian Province, relying on a single window for international trade Go to trade finance and vigorously promote "single window + export credit guarantee".
In order to strengthen support for small and micro export enterprises, Fujian issued the China Export Credit Insurance Company Policy through the "Fujian International Trade Single Window", and small and micro enterprises within the province's self-operated export of less than 3 million US dollars can apply for it free of charge.
Quanzhou Weisen Trading Co., Ltd. specializes in the export of craft gifts, and its products are exported to Europe and other places. The general manager of the company, Zheng Hong, told reporters that the company has been insuring export credit insurance for three consecutive years. It used to pay for itself at a cost of more than 10,000 US dollars a year. This year ’s free policy has saved costs and strengthened confidence.
The company shipped 1 ticket of handicrafts to the British buyer on February 15th, with a value of about 14,000 US dollars. The agreed payment method was payment and payment, that is, the importer could only deliver the commercial (freight) documents to the importer after paying the payment. A few days ago, after the goods arrived at the destination port, the buyer delayed payment and requested a deferred payment. The company immediately reported the case to the China Export and Credit Insurance Corporation Fujian Branch (hereinafter referred to as "Fujian Xinbao").
Zheng Hong said that after receiving the report from the enterprise, the staff of Fujian Credit Insurance first understood the case in detail and reviewed the trade documents; once the review was passed, the company expected to be paid by Fujian Credit Insurance about USD 11,200, which is 80% of the value of the goods.
Quanzhou is a strong manufacturing city in China and a strong foreign trade city in China. Liu Pingting, account manager of Fujian Xinbao Quanzhou Office, said that 800 small and micro enterprises have applied for free policy insurance policies, saving the company about 15 million yuan in premiums, of which 3 cases have started fast payment, with a payment of 1.07 million yuan. .
According to statistics, there are more than 3,100 small and micro export companies in Quanzhou, but only 800 companies have so far applied for policy policies. Liu Pingting said that in order to help small and micro enterprises fight foreign trade risks, they will actively promote the remaining more than 2,000 small and micro enterprises to apply for policy insurance policies and promote their going out. (Finish)