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Stabilize foreign trade policies to create a good environment for international trade enterprises

2022-10-12

"Although we are facing the background of slowing or even weakening external demand, we are confident that foreign trade in the second half of the year can achieve positive growth, and we are confident that the growth of foreign trade will make a positive contribution to the recovery of the national economy." On September 27 At the regular briefing on policies of the State Council held, Wang Shouwen, International Trade Negotiator and Vice Minister of the Ministry of Commerce, said the above.


On the same day, the Ministry of Commerce officially issued the "Several Policies and Measures to Support the Stable Development of Foreign Trade" (hereinafter referred to as "Measures to Stabilize Foreign Trade"). According to Wang Shouwen, the "Measures to Stabilize Foreign Trade" reviewed and approved by the State Council mainly includes three aspects.


The first is to enhance the ability to perform foreign trade contracts and further develop the international trade market. The "Measures to Stabilize Foreign Trade" proposes that all localities should strengthen the protection of epidemic prevention, energy use, labor, logistics and other aspects to ensure the timely delivery of foreign trade orders; study and optimize the underwriting conditions of medium and long-term insurance for export credit insurance; accelerate the use of special funds for foreign trade and economic development. In place; support enterprises to participate in various overseas self-organized exhibitions, encourage places where conditions permit to expand the scale of overseas self-organized exhibitions, and continue to improve the effectiveness of representative exhibitions. Further strengthen the service guarantee; expand the range of exhibitors in the upcoming 132nd Canton Fair Online Exhibition, and extend the online exhibition time of the Canton Fair.


The second is to stimulate innovation and help stabilize foreign trade. The "Measures to Stabilize Foreign Trade" proposes to set up a number of pilot projects for market procurement trade methods, a number of import trade promotion innovation demonstration zones, and a number of cross-border e-commerce comprehensive pilot zones; policies to further support the development of cross-border e-commerce overseas warehouses measures; speed up the introduction of tax policies to facilitate cross-border e-commerce export returns and exchanges.


The third is to strengthen security capabilities and promote unimpeded trade. The "Measures for Stabilizing Foreign Trade" proposes to improve the efficiency of port collection and distribution and domestic transportation to ensure fast transit of import and export goods; continue to clean up unreasonable charges at ports; promote experience and practices for improving quality and efficiency at ports; and strengthen customs clearance facilitation for foreign trade enterprises. Service guarantee, to achieve fast entry and exit of goods arriving at the port.


Wang Shouwen said that since the beginning of this year, under the strong leadership of the Party Central Committee and the State Council, the Ministry of Commerce has cooperated closely with various localities and departments, and the vast number of foreign trade enterprises have risen to the challenge and strived to overcome the impact of various unfavorable factors. In the first eight months of this year, my country's import and export volume reached 27.3 trillion yuan, a year-on-year increase of 10.1%. my country's foreign trade once again showed strong resilience and vitality. However, with the increasingly complex development environment of foreign trade, the decline in the growth rate of the world economy and global trade, the uncertainty faced by my country's foreign trade is also increasing, and the pressure on maintaining a stable growth of imports and exports is increasing. Therefore, it is necessary to introduce a new round of foreign trade stabilization policies to bail out, solve and help Chinese enterprises.


In this regard, Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce Research Institute, said that this "Measures to Stabilize Foreign Trade" focuses on three aspects because there are many difficulties and blocking points in these areas. Starting from these aspects, it reflects the pertinence of the "Measures to Stabilize Foreign Trade".


For example, Bai Ming said that the "Measures to Stabilize Foreign Trade" proposed to hold the online exhibition of the 132nd China Import and Export Fair (Canton Fair) well, to extend the online exhibition time from 10 days to 5 months; to further promote the smooth flow of trade and improve the port The efficiency of collection and distribution and domestic transportation, and the fast transfer of imported and exported goods... These measures have provided a starting point for the specific implementation of follow-up policies.


Wu Dan, a postdoctoral fellow at the Bank of China Research Institute, said that my country's foreign trade data has performed well since the beginning of this year, but in the face of the current increasingly complex international situation, my country's foreign trade exports may face the risk of weakening in the fourth quarter. At this time, the Ministry of Commerce issued the Measures to Stabilize Foreign Trade, and put forward a series of necessary and timely measures and suggestions for each link of the foreign trade supply chain.


Wu Dan believes that, on the one hand, the "Measures to Stabilize Foreign Trade" clearly points out that it is necessary to encourage major foreign trade provinces to give full play to their own advantages, increase expenditure on foreign trade innovation platforms, and support advantageous products to actively explore international trade markets; on the other hand, it emphasizes cross-border trade. The role of e-commerce in stabilizing foreign trade requires further support for the development of cross-border e-commerce overseas warehouses, and corresponding encouragement and support for cross-border e-commerce foreign trade enterprises in optimizing customs procedures, expanding capital channels, and optimizing tax policies.


"The timely introduction of "Measures to Stabilize Foreign Trade" can effectively ease the pressure of the current complex situation faced by foreign trade enterprises, relieve the plight of foreign trade enterprises, provide import and export trade enterprises with 'reassuring' policy support, and help my country's trade supply chain continue to be stable and orderly development, and contribute to the stability of my country's economic growth." U Thant said.


"At present, the background of my country's international trade enterprises is the slowdown of external demand growth. In order to cope with such challenges and promote the steady growth of foreign trade, the Party Central Committee and the State Council have made timely deployments to create a good environment for foreign trade enterprises and maintain foreign trade stability. Create good conditions for the realization of the goal of improving quality." Wang Shouwen said that since this year, the State Council has issued a series of policies and measures to stabilize the economy and foreign trade, which have achieved good results. From January to August, my country's mechanical and electrical products accounted for 56.5% of its foreign trade exports, and the competitiveness of high value-added and high-tech products continued to manifest. At the same time, my country's automobile exports increased by 57.6%, and solar cell exports increased by 92.6%. These are the reflections of the relatively solid foundation and strong competitiveness of the foreign trade industry.


Although the growth rate of my country's foreign trade declined in August, it is worth noting that China's exports to other RCEP member countries increased by 23% in the month, which was 11.2 percentage points higher than the overall growth rate of foreign trade exports in August. "The various free trade agreements, including RCEP, have played a very important role in promoting the development of my country's foreign trade." Wang Shouwen said, "All parts of the country attach great importance to foreign trade work, and many provinces have introduced practical and effective supporting measures to establish foreign trade. The 'white list' system of enterprises, which is mainly supported, and the commercial authorities conduct regular visits and 'one-to-one' assistance to some key foreign trade enterprises, all of which are conducive to the stable growth of my country's foreign trade."


Bai Ming believes that at present, my country's foreign trade industry is facing a complex international trade situation, and stabilizing foreign trade cannot be taken lightly. From the current point of view, it is still difficult to predict the implementation effect of the "Measures to Stabilize Foreign Trade", and how many policies will be implemented remains to be observed. However, with the continuous advancement of the transformation and upgrading of foreign trade, the development foundation of my country's foreign trade industry is still strong. In the future, various institutional openings will continue to advance, and my country's foreign trade industry will usher in more harvests.


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