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Five New Measures in Liaoning Province to Expand International Trade Market

2023-03-28

Since this year, Liaogang Group has continuously increased its market development efforts, expanded its customer network, and achieved rapid growth in the foreign trade business of commercial vehicles. In February, Liaogang Group completed a foreign trade throughput of over 6200 commercial vehicles, an increase of 83% year-on-year, including nearly 4500 international trade exports, an increase of 150% year-on-year.

Like Liaogang Group, many enterprises in our province are implementing market diversification strategies, consolidating traditional markets, vigorously exploring emerging markets such as RCEP member countries and countries along the "the Belt and Road", and increasing efforts to find customers and discuss cooperation. On March 15th, the reporter learned from the Provincial Department of Commerce that this year, our province will further optimize the main body of foreign trade and international market layout of the province by starting with five new measures, including supporting enterprises to scramble for orders abroad, encouraging enterprises to exploit new channels and technologies to explore international markets, organizing enterprises to participate in domestic and international exhibitions, promoting the upgrading of key trade promotion activities, and supporting enterprises to develop new forms and models of foreign trade, Expand the scale of imports and exports to key countries and regions.

In terms of supporting enterprises to scramble for orders abroad, our province will organize enterprises to participate in key overseas exhibitions. This year, 70 key overseas exhibitions were arranged, covering pillar industries such as equipment manufacturing, metallurgy and petrochemical, highlighting the deepening of trade cooperation between Liaoning and countries in Northeast Asia, and helping enterprises to explore RCEP member countries and international trade markets along the "the Belt and Road".

In encouraging enterprises to exploit international markets through new channels and technologies, our province supports foreign trade enterprises to enter well-known international market promotion network platforms, conduct digital display and intelligent marketing online, fully utilize the resources, channels, and flow advantages of well-known international trade market promotion network platforms, and continuously conduct buyer invitations, product demonstrations, and brand promotion. Encourage foreign trade enterprises to strengthen cooperation with big data service companies such as China Export&Credit Insurance Corporation, strengthen monitoring of the international market and dynamic analysis of the foreign trade industry, and accurately target customer resources in the international trade market.

In promoting the promotion and upgrading of key trade promotion activities, our province will continue to host Liaoning Export Commodities (Osaka, Japan) Exhibition, combine with Japan Gift Exhibition and Japan Clothing Exhibition, fully exert the "three exhibitions and two places linkage" effect, and build a new platform for Liaoning enterprises to deeply explore the Japanese market. In addition, it will consolidate and deepen cross-border procurement negotiation activities, deepen communication and liaison with trade promotion agencies, tap into purchaser resources, and invite more high-quality buyers to participate in the 14th International Procurement Negotiation Event.

In terms of supporting enterprises to develop new forms and models of foreign trade, our province will further release the spillover effect of market procurement and trade policies, encourage foreign trade enterprises in various cities throughout the province to register on the Liaoning Xiliu Clothing City Market Procurement and Trade Pilot Online Information Platform, drive the export of featured products across the province, and promote more merchants to participate in international trade through the market procurement and trade new forms and platforms. Accelerate the layout of overseas warehouses globally, and build overseas warehouses into a leading position to enhance the international competitiveness of Liaoning enterprises and enhance the international image of Liaoning brands.


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