The Ministry of Commerce has stepped up the introduction of policies to stabilize foreign trade measures

"In order to ensure the true implementation of the State Council policy, the Ministry of Commerce has decided to implement this year as the implementation year of the foreign trade policy. The next step is to focus on the implementation of policies, step up the introduction of supporting policies, and strive to achieve better foreign trade stability." Vice Minister of Commerce Qian Keming at 4 The State Council policy briefing held on the 22nd of the month said.
Qian Keming said that in the face of the current severe and complicated foreign trade situation, the State Council executive meeting recently reviewed and approved in principle the policy measures to promote the stabilization of foreign trade, mainly reflecting two major characteristics: First, balancing steady growth and restructuring. Stable growth and restructuring are the two wheels of foreign trade work. China's foreign trade is at a critical stage of climbing the slopes, not only to consolidate the advantages of traditional foreign trade, but also to accelerate the cultivation of new kinetic energy. Therefore, this policy measure takes into account both aspects. In terms of consolidating traditional advantages, focusing on the problems generally reflected by enterprises, it is proposed to further reduce the inspection rate of export commodities, reduce the fees and charges of enterprises involved in the regulation, and encourage loans to foreign trade enterprises with orders and benefits. In nurturing new advantages, we will support the development of new business models, foster foreign trade independent brands, strengthen intellectual property protection, and create a favorable environment for the innovation and development of foreign trade enterprises through the reform of foreign trade supply side.
The second is to improve policy accuracy and pertinence. For example, improve the processing trade policy. This time, we have also introduced a differentiated policy, comprehensive policy, and precise efforts to support the transfer of processing trade to the central and western regions. For example, in addition to the central government's policy, it also requires localities to learn from each other's experiences and practices, copy and promote them to other regions, and introduce targeted supporting measures according to the needs of the situation and the characteristics of the region.
When talking about the current situation of the accelerated transfer of domestic processing trade, Assistant Minister of Commerce Zhang Wei hoped that the processing trade would shift to a little less and slower.
After more than 30 years of development, the processing trade has played an important role in the establishment of China's foreign trade status, the solution of employment problems and the deep involvement in the international industrial chain. "We also want to see that processing trade has its special attributes." Zhang Wei said, "because it is to undertake the transfer of international industries. In this process of transfer, it reflects the characteristics of a nomadic nation and actively chooses the cost of land." - When the cost factor is low, it will swim to you; when the cost factor is raised, it will go away." And this is the dilemma facing China. In view of the above-mentioned characteristics of processing trade, China's processing trade has accelerated its outward transfer, and China's exports have been further pressured. In the first quarter, China's processing trade exports fell by 15.9%, and processing trade exports have been negative for 13 consecutive months. "According to 16%, it means that general trade and other trade methods must grow at a rate of 8%, so that foreign trade (speed growth) is flat. How difficult is this!" Zhang Wei said, "So, foreign trade can Can't be stable, will not stall, look at processing trade."
"We hope that this part of the transfer of the eastern region (processing trade enterprises) will go to the central and western regions, transfer to the outside world a little bit, slower, and retain the roots as much as possible." Zhang Wei revealed that the State Council executive meeting specifically defined the study. Different policies and specific directions and requirements. (栾国鍌)

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