General

Customs data shows that in the first quarter of this year, Liaocheng achieved remarkable results in driving consumption recovery, promoting foreign trade to stabilize and improve quality, and promoting the stable and qualitative increase of foreign investment. In the first quarter, the total amount of social consumption in Liaocheng maintained stable growth, and the total import and export value reached a historic high. According to customs data, in the first quarter of this year, the total retail sales of consumer goods in Liaocheng reached 20.7 billion yuan, a year-on-year increase of 5.3%; The completion of restricted retail sales reached 6.67 billion yuan, a year-on-year increase of 5.1%. Among them, the restricted retail sales in March reached 2.466 billion yuan, a year-on-year increase of 12.1%.

According to customs data, in terms of import and export, Liaocheng achieved a total import and export value of 12.96 billion yuan in the first quarter, setting a new historical high, with a year-on-year increase of 19.4%, which is 14.6 and 11.7 percentage points higher than the national and provincial levels, respectively, and the growth rate is among the top in the province. According to customs data, exports reached 7.61 billion yuan, an increase of 10.4%,; The import reached 5.34 billion yuan, an increase of 35.1%, ranking among the top in Shandong Province.

Issue policies to issue consumption vouchers for promotional activities

Feng Zifeng, Deputy Director of the Commerce Bureau of Liaocheng City, stated in an interview with reporters that since 2023, Liaocheng City has fully implemented the decision and deployment of the Provincial Party Committee's "Shandong Consumption Boosting Year", prioritizing the recovery and expansion of consumption, focusing on key areas and industries, and working together through "policies and activities" to gradually recover the market. From January to March, the total retail sales of consumer goods in the city reached 20.7 billion yuan, a year-on-year increase of 5.3%.

In the first quarter, Liaocheng issued the "Ten Measures to Support the Commercial and Trade Circulation Industry in Liaocheng City to Promote Residents' Consumption" and the "Ten Measures to Promote the Prosperity and Development of the Night Economy", which respectively formulated policies from ten aspects: driving automobile consumption, encouraging live streaming e-commerce promotions, promoting catering consumption, increasing exhibition revitalization, and optimizing rural consumption recovery, to support the development of the commercial and trade circulation industry in the city and promote residents' consumption, Stimulate the potential for a new round of consumption upgrading, promote the accelerated recovery of the service industry, and fully enhance the charm of the city.

Meanwhile, in order to unleash consumption potential, in the first quarter, a total of 28.8 million yuan of consumption vouchers were issued at the city and county levels in Liaocheng, driving various types of consumption such as automobiles, catering, and retail to 460 million yuan. According to Feng Zifeng, in March, Liaocheng issued 10 million yuan of car consumption vouchers, directly driving car consumption of 400 million yuan, with a ratio of 1:40; Distribute home appliance consumption vouchers of 2.2 million yuan, directly driving home appliance consumption of over 20 million yuan, with a ratio of 1:10. During the May Day period, the top 100 household appliance companies in Liaocheng City achieved a revenue of 17.461 million yuan, a year-on-year increase of 9% compared to last year.

The "Digital Service Platform for Exchange of Old Household Appliances for New", which is a key focus of the Liaocheng Municipal Bureau of Commerce, has integrated high-quality resources to create a closed-loop model of "old household appliances collection+exchange for new", improved recycling and processing efficiency, achieved green recycling, effective utilization of resources, empowered green intelligent consumption, and assisted in the development of circular economy. From January to April, 5736 household appliances were recycled and 5323 were replaced, driving home appliance consumption to nearly 18 million yuan.

Since 2023, Liaocheng City has successfully held activities such as the "Huixiang Shuicheng Consumption Year", focusing on multiple sectors such as automobiles, home appliances and home furnishings, famous and high-quality goods, catering and cuisine, characteristic commercial streets, and online consumption. These activities have gathered popularity and flourished the market, including the "Old Brand Li Xun Nian Wei · Yellow River Grand Collection Spring Festival Season", "2023 Huixiang Shuicheng Consumption Year · Spring Festival Consumption Season", "Youth Liaocheng Hi GO Season", and "Home Appliance Consumption Festival". Among them, the "2023 New Year Auto Show" and the "Liaocheng Spring Auto Exhibition and Sales Fair" were two large-scale spring auto shows, with 80 participating enterprises, over 200 participating vehicles, and 700 potential car buyers. It is expected to drive car consumption of 60 million yuan.

Strongly guiding and seizing opportunities to build a platform

In terms of stabilizing foreign trade, the commercial system of Liaocheng City has strengthened publicity and guidance, and implemented policies effectively. Collaborate with foreign departments to hold a series of foreign trade policy lectures and distribute the "Liaocheng Cross border Trade Facilitation Service Manual"; Develop strategic cooperation with Shandong Vocational College of Foreign Trade, and enjoy a 70% subsidy from the provincial government for cross-border e-commerce incubation training fees; Strive for 80 booths at the 133rd Canton Fair, with a 30% increase in the number of booths compared to the average level in previous years; Strive to provide free insurance preferential policies for small and micro export enterprises with an export value of less than 5 million US dollars, and serve more than 350 enterprises.

At the same time, the business system of Liaocheng City seizes development opportunities and optimizes the foreign trade environment. Vigorously implement the three-level assistance mechanism at the city, county, and township levels to efficiently solve prominent problems in the field of foreign trade. Issuing the "2023 Overseas Market Development Plan of Liaocheng City", opening up a green channel for enterprises to handle outbound procedures, holding a series of activities such as the "Liaocheng Overseas Market Economic and Trade Matchmaking Conference", and comprehensively utilizing various policy tools such as Teyi Information International Customs data to help enterprises win orders and expand the market.

In order to stabilize foreign trade, Liaocheng built a open platform based on regional characteristics. For example, building a comprehensive cross-border e-commerce pilot zone with high standards, relying on industry advantages such as pet food, meat products, small machinery, and automotive accessories, accelerating the improvement of supply chain supporting services, and fully leveraging the positive role of cross-border e-commerce in assisting traditional industry transformation and upgrading, and promoting industrial digital development; Carry out cross-border e-commerce talent incubation and cultivation actions, train the first batch of 40 enterprises for a 2-month training period, and follow up on the implementation of the central special fund subsidy policy. Actively promoting the construction of the comprehensive industrial project of Luxi International Land Port, with exports of over 60 million yuan and a rapid increase in business volume; Support the active planning and construction of bonded logistics platforms in Linqing, Guanxian, Gaotang, and Dongchangfu districts, and apply for the construction of Liaocheng Bonded Logistics Center to further enrich foreign trade carriers. In terms of base construction, we will cooperate with the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products to jointly build a national level foreign trade transformation and upgrading base for bearing products; In terms of project introduction, we have attracted cross-border e-commerce export projects such as Qiaoyue and Shangshangjia, with exports exceeding 30 million yuan.

In promoting the stable and qualitative increase of foreign investment, the Liaocheng business system continuously optimizes the structure of foreign investment. According to customs data, from an industry perspective, the manufacturing industry is expected to use 55.69% of the total foreign investment, accounting for over 50%; From the perspective of key countries, it is expected that the actual use of Japanese and Korean capital in the first quarter will account for 41.86% of the total, an increase of 9.4 percentage points compared to last year.

On the other hand, actively promote the capital increase and stock expansion of existing enterprises. It is reported that in the first quarter, the Liaocheng business system promoted a total of four enterprises in Liaocheng City to achieve capital increase and share expansion, with a total utilization of foreign investment of 32.37 million US dollars, accounting for 34.54% of the total, an increase of 23.1 percentage points compared to last year. In addition, in order to further expand the field of foreign investment, Liaocheng Municipal Bureau of Commerce actively promotes the utilization of foreign investment in infrastructure. At the same time, it has issued the Guidelines for the Pilot Work of Domestic Equity Investment of Qualified Foreign Limited Partners (QFLP) in Liaocheng (for trial implementation) to attract foreign capital to land in Liaocheng through QFLP funds.

Intensify efforts to create models and catch up on progress

The business system of Liaocheng City will increase policy support to further stimulate consumption potential. This includes continuing to introduce preferential policies to support the purchase of bulk products such as automobiles and home appliances, promoting the implementation of policies as soon as possible, and increasing fiscal subsidies to further stimulate consumption.

Develop new business formats and models, and cultivate advantages in foreign trade development. In addition to focusing on key enterprises, accelerating the cultivation of new growth points, filling gaps, and stabilizing the basic level of foreign trade, we will also build a cross-border e-commerce comprehensive pilot zone with high standards, and develop a new model of "foreign trade base+cross-border e-commerce+pre exhibition and post warehouse"; Accelerate the recruitment of well-known e-commerce platforms both domestically and internationally, and promote the leapfrog development of cross-border e-commerce exports throughout the city. Follow up and promote the customs supervision business of Luxi Inland Port, and further enrich foreign trade carriers. Relying on advantageous export industries, we will focus on organizing and participating in international exhibitions such as the Hannover Exhibition in Germany and the Industrial Exhibition in Pakistan, make good use of domestic exhibition platforms such as the Canton Fair and the China Import Expo, and comprehensively use various policy tools such as credit insurance and international customs data to help enterprises explore the international market.

Pay close attention to the progress of project funding and expand channels for the use of foreign capital. In addition to quickly advancing project progress and funding progress, ensuring early receipt of funds, we will also promote project construction and promote the reinvestment of existing foreign-funded enterprises. For key foreign-funded enterprises such as Xijie Biotechnology and Xinfa Huayu, which have retained a large amount of profits, we will use one enterprise, one policy, and work hard to guide foreign-funded enterprises to continue investing their retained profits.