General

Recently, the General Office of the Zhejiang Provincial Government issued the "Several Measures for Increasing Orders and Stabilizing Foreign Trade in the Rio Tinto Market", proposing 33 measures to fully tap into growth, stabilize inventory, and strengthen security, promoting the stability and improvement of foreign trade, accelerating the construction of a strong trade province, and promoting the development of international trade.

Make every effort to dig for increment

Explore new markets

Efforts will be made to maintain the growth momentum of emerging markets, and on the basis of the released 2023 business exhibition catalog, we will vigorously expand into emerging markets such as ASEAN, the Middle East, Latin America, and Africa. Increase financial support for overseas international exhibitions.

Encourage each district and city to expand the list of business exhibition support according to their actual situation, and improve the effectiveness of enterprise participation. Fully mobilize the enthusiasm of enterprises and support provincial foreign trade groups in formulating special policies for their affiliated enterprises to explore the international trade market.

Smooth international two-way communication channels. Encourage enterprises to "go global" to participate in international exhibitions and visit customers. Encourage each district and city to make greater efforts to invite buyers to enter the country.

Give full play to the role of domestic and international exhibitions in expanding the market, actively organize foreign trade enterprises to participate in exhibitions such as the China ASEAN Expo, China Asia Europe Expo, and China Arab Countries Expo, and promote enterprises to explore emerging international trade markets.

Building a new platform

We will carry out cross-border e-commerce initiatives such as "opening global stores", "branding overseas", and "independent station navigation". By 2023, we will have added more than 10000 cross-border e-commerce export online stores.

We have launched the "One Hundred Thousand Enterprises" e-commerce market expansion campaign and newly evaluated a batch of well-known cross-border e-commerce export brands, with a total of over 200. Support cross-border e-commerce enterprises to register domestic trademarks of different categories for foreign brands.

Further play the role of open platform to ensure that the proportion of exports of development zones and free trade pilot zones in the province's exports does not decline.

Build a high-quality national foreign trade transformation and upgrading base, relying on the public service platform of the base to promote the transformation and upgrading of traditional export products.

Support the reform and innovation of national import trade promotion and innovation demonstration zones such as Ningbo Comprehensive Bonded Zone, Yiwu City, and Ouhai District of Wenzhou City. Strive to create and re-evaluate 40 key import platforms in provincial import trade promotion and innovation demonstration zones, and support more than 10 high-quality development projects for import demonstration zones and key import platforms.

Intensify the construction of characteristic ports. Support the construction of an international recycled metal trading platform in Taizhou City. Support relevant cities to apply for the establishment of at least one new comprehensive bonded zone within two years.

Cultivate new business formats

Further improve the International marketing system of Zhejiang enterprises, support enterprises to accelerate the construction of International marketing channels, and improve the ability of global resource allocation. We will focus on cultivating new branches by focusing on overseas branches, retail outlets, wholesale display centers, and after-sales maintenance outlets of enterprises.

Further expand and strengthen overseas warehouses, and enhance the level of specialization, scale, and intelligence. Reshape support for the development of overseas warehouses and optimize the cultivation mechanism of overseas warehouses. Support backbone enterprises, leading enterprises, and enterprises with supporting and driving effects in building overseas warehouses.

Optimize the construction layout around key markets, emerging markets and important nodes, form a development pattern based on the surrounding, radiating the "the Belt and Road" and facing the world, and help small, medium-sized and micro foreign trade enterprises to explore the international trade market.

Further promote the potential development of market procurement trade in Wenzhou, Huzhou, Shaoxing, Jinhua, Taizhou, and other places, and promote the integrated development of "foreign comprehensive services+market procurement" and "foreign comprehensive services+cross-border e-commerce". Recruit and nurture strong foreign trade comprehensive service entities.

Actively strive to expand the pilot scope of second-hand car exports. Promote the pilot project of bonded maintenance outside the special customs supervision area in Jiaxing City. Encourage and support local governments to actively explore implementation measures for non foreign exchange settlement trade.

Supporting new industries

Seize the export opportunities of products with good growth momentum, and increase the support for foreign trade enterprises such as new energy vehicles, photovoltaics, and lithium batteries with sufficient orders, as well as "chain leaders" in the industrial chain. Support enterprises with sufficient orders to reasonably expand production capacity and better match the demand of the international trade market.

Actively connect the national green power certificate system and green power trading system, support wind and photovoltaic power generation enterprises and electricity consuming enterprises to independently negotiate and participate in green power trading, and further ensure the green power consumption demand of key foreign trade enterprises.

Developing new models

Explore and promote the coordinated development of foreign trade, foreign investment, foreign investment, and economic cooperation. Make international trade oriented manufacturing projects an important direction for attracting foreign investment, and promote the expansion of international trade by attracting new manufacturing foreign investment projects. Optimize the regulatory model of processing trade and support the transformation and upgrading of processing trade.

Increase efforts to cultivate local multinational corporations. Promote the development of platforms such as overseas economic and trade cooperation zones to drive the import and export of Zhejiang foreign trade enterprises, and achieve a reasonable and orderly "going global".

Strive to stabilize inventory

Stabilizing the Traditional Market

Deeply cultivate traditional markets such as the European Union, the United States, Japan, South Korea, Australia, etc., deepen the "thousand groups and ten thousand enterprises" action to expand the market and increase orders, and organize over 1000 groups and 10000 foreign trade enterprises to expand the market throughout the year.

Carry out the "Thousand Regiments and Ten Thousand Enterprises Service Season" action, promote financial institutions to develop accompanying financial advisory service plans, and provide special service guarantees for expanding market groups.

Optimize export credit insurance and credit services, and provide free credit reports to enterprises participating in key exhibitions, small and micro foreign trade enterprises, "specialized, refined, and new" small giant enterprises of the Ministry of Industry and Information Technology, and single champion enterprises in the manufacturing industry within a certain amount.

Encourage enterprises to increase research and development investment, enhance product added value and core competitiveness, adapt to the high-end needs of traditional markets, and promote more enterprises to shift from OEM to brand going overseas.

Stable core link

Encourage Zhejiang enterprises engaged in overseas processing to establish provincial international trade headquarters, and establish research and development centers, order receiving centers, foreign exchange collection and settlement centers, financing centers, and after-sales centers within the province.

Stabilizing foreign trade entities

Implement the action plan for cultivating foreign trade entities, leverage the role of business cloud schools and other platforms, support foreign trade business training in various regions, promote the achievement and scale of import and export potential enterprises, and strive to add 4000 new foreign trade enterprises with import and export achievements.

Further give play to the role of export credit insurance in risk prevention, expand the coverage of export credit insurance, and strive to achieve full coverage of the unified insurance platform for enterprises with an annual export volume of less than $5 million.

We will implement more active underwriting policies and increase underwriting support for the United States, markets along the the Belt and Road and RCEP member countries. The rate of approval and settlement of export credit insurance limit with complete materials shall not be less than 90%.

Reduce the burden on enterprises and continue to implement the requirements for phased acceleration of export tax refund processing for Class I and Class II export enterprises.

Fully support

Excellent financial support

Increase new credit support. In 2023, the Zhejiang Branch of the Export Import Bank established a special quota of 80 billion yuan for the foreign trade industry, increasing financial support for the entire foreign trade industry chain. Over 10% of the new foreign trade industry special loans were added throughout the year.

Actively carry out pledge financing for accounts receivable, orders, export tax refunds, etc. Stabilize existing loans, improve the normalization and regular sharing mechanism of the "white list" of key import and export enterprises, and support the financing of existing loans for enterprises that are temporarily facing difficulties.

Deepen the three-year action of exchange rate hedging, increase the participation of market entities in hedging, reduce hedging costs, and promote the expansion of the coverage of government financing guarantee exchange rate hedging policies. Continuously promote the pilot program for facilitating the trade and foreign exchange receipts and payments of high-quality enterprises. Vigorously promote cross-border RMB business.

Excellent personnel entry and exit

Further optimize the process of handling entry and exit documents for business personnel, and simplify the procedures for handling business endorsements in Hong Kong. Further streamline visa communication channels with key country embassies and consulates in China, and improve visa acquisition rates.

Improve the "white list" system for key enterprises to apply for APEC business travel cards, and by 2023, the total number of applications in the province will reach 3500.

Increase the invitation for foreign merchants to purchase in Zhejiang, and provide entry facilitation services such as invitation to China, visa extension, replacement, and issuance of residence permits. Support employees of overseas branches of local multinational corporations to return to their headquarters for meetings, training, and other exchange activities.

Continue to implement the regulations on supporting economic and trade group visits on business, and implement the "one group, one policy" for visiting countries, visiting days, and other conditions.

Fully implement the measures of "one matter, one discussion, urgent handling, and special handling" for visits by state-owned foreign trade enterprises, simplify the exit approval process for business personnel of state-owned foreign trade enterprises, and adjust the visit time and country quantity restrictions as needed; Under the premise of ensuring the necessary demand for visits, with the approval of the competent approval department, priority will be given to the centralized processing of business passports for state-owned foreign trade enterprises that urgently need to visit.

Excellent assistance to enterprise services

Improve the contact service mechanism for foreign trade enterprises, organize and carry out the "Warm Heart Helping Enterprises · Foreign Trade Service Year" activity, and carry out hierarchical assistance through provincial, city, and county linkage. provincial-level foreign trade enterprises with an annual increase of over 5 billion yuan in exports, and cities and counties provide "one-on-one" services to foreign trade enterprises with an annual increase of over 1 billion yuan in exports, timely coordinating and solving the problems and difficulties faced by enterprise production and operation.

Support foreign trade enterprises to reflect their demands through the "Provincial People Call Me as a Unified Platform", smooth the channels for handling enterprise demands, and coordinate the resolution of problems reported by enterprises. Relying on professional law firm resources, we provide lawyer docking and consulting services for "going global" enterprises.

Excellent monitoring and warning

Strengthen monitoring and analysis, and promote the coverage of "order+list" monitoring samples to reach over 70% of the export proportion of foreign trade enterprises in the province. Make good use of the Zhejiang Provincial Business Operation Investigation and Monitoring System, increase funding support, and deepen enterprise related services.

Actively respond to trade frictions, promote the construction of enterprise compliance systems, cultivate a group of compliance leading enterprises, and enhance compliance competitiveness.

Encourage enterprises, universities, third-party consulting institutions, and other entities to build foreign trade information sharing platforms, providing information on enterprise compliance, admission certification, and other aspects. Further leverage the monitoring role of provincial-level foreign trade warning points, regularly research and analyze key industry economic and trade trends, policy measures, market trends and other information, and provide guidance services for enterprises.