Foreign Trade News: These Policies And Measures Help You Stabilize Orders And Expand The Market

The Central Economic Work Conference stressed that greater efforts should be made to promote the stability of the scale and structure of foreign trade, and greater efforts should be made to promote the stability of the stock and expansion of foreign capital, so as to foster new growth points for international economic and trade cooperation. On April 7, the executive meeting of the State Council studied the policies and measures to promote the stability of the scale and structure of foreign trade. Recently, the General Office of the State Council issued the Opinions on Promoting Stable Scale and Optimal Structure of Foreign Trade. How to help enterprises stabilize orders and expand the market? What are the financial support policies? Let's see——

About expanding the market

Optimize the supply and purchase connection of key exhibitions

Promote the comprehensive recovery of domestic offline exhibitions. China International Import Expo, China Import and Export Commodities Fair, China International Trade in Services Fair, China International Consumer Goods Fair and other key exhibitions will be held well. Support the China Import and Export Commodities Fair to optimize the exhibition area setting and the structure of exhibitors, and normalize the operation of online platforms. All local and trade promotion institutions and business associations further increase support for foreign trade enterprises to participate in various overseas exhibitions, strengthen organization and coordination and service guarantee, continue to cultivate overseas self run exhibitions and expand the scale of exhibitions.

Facilitate cross-border business personnel exchanges

Strengthen external communication, improve the efficiency of handling APEC business travel cards, and increase efforts to promote other countries to open up visa application channels for our business personnel and improve the efficiency of handling business travel cards. Continue to provide convenience for overseas merchants to apply for visas to China. Research and optimize remote detection measures. Promote the safe and orderly recovery of international passenger flights as soon as possible, especially the international passenger flights of domestic key aviation hubs, promote the resumption of flights and increase of flights of Chinese and foreign airlines, and better provide air transport guarantee for business personnel exchanges.

Strengthen market expansion service guarantee

Our embassies and consulates abroad have created more trade opportunities and increased their support for foreign trade enterprises, especially small, medium-sized and micro foreign trade enterprises, to explore the market by improving cooperation mechanisms, strengthening information exchange, promoting key exhibitions and other measures. Give full play to the role of overseas representative offices of trade promotion agencies, and provide services in information consultation, enterprise docking, commercial law, etc. We will issue trade guidelines for relevant countries, find ways to stabilize exports to developed economies, and guide enterprises to further explore the markets of developing countries and ASEAN and other regional markets. We will support major foreign trade provinces to play a major role in stabilizing foreign trade.

About import and export of key products

Cultivate automobile export advantages

All local and commercial associations organize direct passenger docking between automobile enterprises and shipping enterprises, and guide automobile enterprises to sign medium - and long-term agreements with shipping enterprises. Encourage Chinese funded banks and their overseas institutions to innovate financial products and services under the premise of legal compliance and risk control, and provide financial support for automobile enterprises overseas. All regions further support automobile enterprises to establish and improve the international marketing service system, and enhance their ability to carry out brand publicity, display sales, and after-sales service overseas.

Improve the international cooperation level of large complete equipment enterprises

We will increase support for export credit insurance to better serve large complete equipment projects. Financial institutions, on the basis of strengthening risk prevention and control, take overall consideration of the specific situation of the project to ensure the reasonable capital demand of large complete equipment projects. Encourage all localities to ensure the employment demand of enterprises, strengthen job skills training, ensure performance and delivery, and promote the long-term healthy development of the industry through recruitment services and other means.

Expand the import of advanced technology and equipment

Accelerate the revision of the catalogue of technologies and products encouraged to be imported, further improve the accuracy of the import discount policy, and guide enterprises to expand the import of advanced technology and equipment in short supply in China.

About financial support

Make full use of the central financial policy

The second batch of demonstration work on improving quality and efficiency of foreign trade and economic cooperation was carried out. Research and establish the second phase of the guiding fund for innovative development of service trade.

Increase import and export credit support

Commercial financial institutions further enhance the service capacity of branches in central and western regions in trade financing, settlement and other businesses. Encourage banks and insurance institutions to expand cooperation in policy financing and credit enhancement, and increase support for financing and credit enhancement of small, medium-sized and micro foreign trade enterprises. Under the premise of compliance with the law and controllable risks, encourage large state-owned financial institutions to increase resource preference and actively meet the foreign trade financing needs of small, medium-sized and micro enterprises. Encourage government financing guarantee institutions to provide financing credit enhancement support for qualified small and micro foreign trade enterprises.

Better play the role of export credit insurance

We will further expand the size and coverage of export credit insurance coverage. We will increase support for new formats and models such as cross-border e-commerce, accelerate the expansion of industry chain underwriting, further expand the coverage of underwriting for small, medium-sized and micro foreign trade enterprises, and optimize underwriting and claims settlement conditions.

Optimize cross-border settlement services

Encourage financial institutions to innovate and improve foreign exchange derivatives and cross-border RMB business, further expand the scale of cross-border trade RMB settlement, and better meet the needs of foreign trade enterprises for exchange rate hedging and cross-border RMB settlement. Support local governments to strengthen policy promotion, optimize public services, and promote accurate docking between banks and enterprises, so that enterprises can fully enjoy benefits.

On Innovative Development of Foreign Trade

Stabilizing and improving processing trade

Strengthen the guarantee of labor, energy, credit and other factors, guide the gradient transfer of processing trade to the central and western regions and northeast regions, and promote the sustainable and healthy development of processing trade and the stability of the industrial chain supply chain. A number of new national processing trade industrial parks have been identified. We will well host the China Processing Trade Products Expo and support industrial exchanges and docking between the east, central and western regions. Accelerate the implementation of a batch of key bonded maintenance pilot projects of "two ends out", and strengthen the service guarantee of the whole life cycle.

Improve border trade support policies

Expand the foreign trade of border provinces. We will vigorously and orderly promote the pilot work of processing imported goods for border trade. Explore the construction of a data monitoring platform for border trade imports. Revise and issue the administrative measures for border trade, optimize the policy environment for diversified development of border trade, and increase imports from neighboring countries.

Promote trade digitalization

Support large foreign trade enterprises to build their own digital platforms using new technologies, and cultivate third-party integrated digital solution providers serving small, medium-sized and micro foreign trade enterprises. Support the development of the global trade digital pilot area in the Guangdong Hong Kong Macao Greater Bay Area, accelerate the digital empowerment of the whole trade chain, give full play to the leading demonstration effect, and timely summarize development experience. In the Guangdong Hong Kong Macao Greater Bay Area and the Yangtze River Delta, 5-10 typical cases of digital promotion of high-quality trade development will be selected every year from 2023 to 2025, and will be promoted and applied.

Develop green trade

Guide trade associations and other industry organizations to formulate green and low-carbon standards for foreign trade products, and support related products to further explore the international market. Organize and carry out training for key industries and enterprises to enhance their awareness and ability of green and low-carbon development.

Promote the healthy and sustainable innovative development of cross-border e-commerce

Support foreign trade enterprises to expand sales channels and cultivate their own brands through cross-border e-commerce and other new formats and models. Encourage local governments to combine their industrial and endowment advantages, innovate and build cross-border e-commerce comprehensive pilot zones, actively develop the "cross-border e-commerce+industrial belt" model, and drive cross-border e-commerce enterprises to export to enterprises. Accelerate the introduction of guidelines for cross-border e-commerce intellectual property protection, and guide cross-border e-commerce enterprises to prevent intellectual property risks. Build an online comprehensive service platform in the cross-border e-commerce comprehensive pilot zone and give full play to its role to guide enterprises to make good use of tax policies and measures related to cross-border e-commerce retail exports. We will continue to improve the assessment and evaluation mechanism of the cross-border e-commerce comprehensive pilot zone, make good use of the evaluation results, and give full play to the leading role of excellent pilot demonstration.

On the development environment of foreign trade

Properly respond to unreasonable foreign trade restrictions

We will strengthen training and guidance for local and foreign trade enterprises, and help and rescue key affected entities. We will give full play to the role of early warning systems and legal service mechanisms, support workstations and early warning points at all levels to deal with trade frictions, improve public service capabilities, and help enterprises actively respond to unreasonable trade restrictions. Give full play to the role of CCPIT, and do a good job in risk assessment and troubleshooting.

Improve the level of trade facilitation

Deeply promote the construction of "single window", expand the application scope of measures such as "linkage unloading" and "direct lifting alongside the ship", and improve the efficiency of cargo circulation. Steadily implement diversified tax guarantees to help enterprises reduce burdens and increase efficiency. Strengthen the credit cultivation of foreign trade enterprises, and make more foreign trade enterprises that meet the certification standards become "certified operators" (AEO) of the customs. Further facilitate the handling of export tax rebate, promote the realization of "no filling in" of export tax rebate declaration forms and invoices, and better serve the majority of foreign trade enterprises. All localities should do a good job of supply and demand docking and overall scheduling, improve emergency transport capacity reserves, improve emergency plans, and ensure efficient and smooth transportation of foreign trade goods. Improve the efficiency of customs clearance at ports, strengthen the facilitation and diversion, make up the weakness of channels, and improve the port's cargo handling capacity.

Give better play to the effectiveness of free trade agreements

High quality implementation of the free trade agreements that have entered into force, compilation and issuance of application guidelines for key industries, in-depth training on topics such as the Regional Comprehensive Economic Partnership Agreement (RCEP), organization of forums and other forms of exchange activities, strengthening the sharing of local and enterprise experience, improving the level of public services for enterprises, and constantly improving the comprehensive utilization rate of free trade agreements. Encourage and guide local organizations to conduct trade promotion activities for free trade partners such as RCEP.