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Ministry of Commerce: my country’s foreign trade companies resume work and production continue to show good momentum

  • Categories:Industry News
  • Author:China Youth Network
  • Origin:
  • Time of issue:2020-04-07
  • Views:

Ministry of Commerce: my country’s foreign trade companies resume work and production continue to show good momentum

  • Categories:Industry News
  • Author:China Youth Network
  • Origin:
  • Time of issue:2020-04-07
  • Views:
CCB, Beijing, April 5 (Reporter Yang Sen) According to the China Voice of China Central Radio and Television "News Evening Peak" report, a few days ago, the relevant person in charge of the Ministry of Commerce stated that the resumption of work and production of Chinese foreign trade enterprises continues to show a good trend. The next step will focus on enhancing the competitiveness of Chinese manufacturing in the global industrial chain and supply chain.
 
At the same time, affected by the worldwide epidemic, many foreign trade companies are facing problems such as loss of orders and poor transportation in the process of resuming work and production. In response to these difficulties and pain points, a series of measures have been intensively introduced to ensure market, share, Guarantee orders and make every effort to stabilize the basic foreign trade market.
 
Liu Changyu, the second-level inspector of the Foreign Trade Department of the Ministry of Commerce, introduced at the regular press conference held by the Ministry of Commerce this week. According to statistics, as of March 30, the recovery rate of 75.6% of key foreign trade enterprises nationwide exceeded 70%. This is an increase of 4.2 percentage points from last week. In Hubei Province, more than 50% of foreign trade companies have a resumption rate of more than 70%.
 
With the global spread of the epidemic and its impact on the economies of various countries, the demand in the international market, which had been sluggish in growth, has become even worse. The World Trade Organization predicts that global trade will drop sharply this year, bringing new challenges to the recovery and development of my country's foreign trade. Relevant investigations show that thousands of domestic foreign trade companies have been forced to postpone their shipments and foreign exchange collection, and even some orders have been transferred. Every year from March to May is the peak period for export orders. Many foreign trade companies have seen new orders decline to varying degrees, and logistics congestion has also changed from domestic to international. Ports in Europe and the United States are closed, routes are grounded, and air transportation capacity is reduced by half. , Expenses rose sharply. Some high-tech middleware and new materials face the risk of outage.
 
The Ministry of Commerce instructs all competent commercial departments to establish a list of key foreign trade enterprises in key areas where the industrial chain is concentrated and leading enterprises and key links in the field of foreign trade, provide precise assistance, and coordinate the resumption of work review departments to accelerate the resumption of work in the upstream and downstream of the industrial chain to ensure The foreign trade industry chain and supply chain operate smoothly. In the next step, the Ministry of Commerce will continue to take effective measures to consolidate the traditional advantages of foreign trade and vigorously cultivate new competitive advantages in foreign trade with technology, quality, brand and service as the core. Liu Changyu said: “Cultivate a group of large companies with competitive advantages on a global scale and a large number of dynamic, innovative, highly specialized, and collaborative small and medium-sized enterprises, and cultivate a group of international marketing networks with strong market penetration. , To cultivate a number of internationally well-known and influential trading platforms, cultivate a number of independent foreign trade brands, and continuously improve the competitiveness of Chinese manufacturing in the global industrial chain supply chain."
 
At the same time, the processing trade shall be stabilized, and efforts shall be made to increase the technological content and added value of processing trade. Liu Changyu pointed out: "It is necessary to promote the transformation of processing trade from assembly to technology, brand, and marketing, and promote the integrated development of processing trade manufacturing and service trade. It is necessary to support the central and western regions and northeast regions to undertake gradient transfers, and support processing trade enterprises to develop domestic markets and promote Integrated development of domestic and foreign trade."
 
Various provinces, autonomous regions and municipalities have also successively introduced specific measures. Jiangsu Province has formed policies to benefit enterprises and help enterprises by focusing on policies such as financial support, tax reduction and exemption, assistance to stabilize jobs, and optimization of the business environment, and to increase financial support and risk protection. Zhou Changqing, deputy director of the Jiangsu Provincial Department of Commerce, said: “Under the epidemic prevention and control strategy of foreign defense import and internal defense rebound, we will actively coordinate and solve various problems encountered by foreign trade and foreign enterprises in the smooth international supply chain and the return of overseas personnel. Support foreign trade enterprises to carry out domestic market sales of export products, and improve their ability to make good use of both domestic and international markets and resources."
 
Liaoning Province has adopted measures such as reducing import and export business procedures, postponing or reducing or exempting related fees, to meet the current needs of enterprises in terms of liquidity and financing, and help foreign trade enterprises to resume work and production. Zhang Weidong, Director of the Foreign Trade Management Division of the Liaoning Provincial Department of Commerce, said: "The coverage of credit insurance policies has been expanded, and the scale of support for corporate credit has been increased. At the same time, we and the customs department have determined the specific working mode of green customs clearance to reduce the production cost of enterprises. "
 
At present, my country's foreign trade enterprises have achieved positive results in resuming work and production, and are facing problems such as shrinking external demand and loss of orders. my country has the ability to take advantage of the entire industry chain, turn crisis into opportunity, and ensure that foreign trade companies resume work and production to maintain a stable and orderly situation. Liu Changyu said: "We have the confidence to overcome the current difficulties and challenges and try our best to stabilize the basic market of foreign trade."
 
(Source: CCTV)

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