According to the Ministry of Commerce on December 28th, 10 departments including the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Human Resources and Social Security, the Ministry of Ecology and Environment, the Ministry of Transport, the General Administration of Customs, the State Administration of Taxation, and the State Administration of Financial Supervision have issued opinions on improving the development level of processing industry and trade. Opinions include encouraging the processing and trade of high value-added products, promoting the development of bonded maintenance business in comprehensive bonded zones and free trade pilot zones, promoting pilot projects for bonded maintenance in other regions, strengthening the construction of gradient transfer carriers, improving the cooperation mechanism for processing trade gradient transfer, increasing support for border areas, strengthening financial and tax policy support, strengthening financial policy support, enhancing transportation and logistics and energy security, and meeting multi-level employment needs Multiple measures have been proposed to support the expansion of the domestic market, optimize processing trade management and services, and other 12 aspects. In terms of strengthening financial and tax policy support, it is proposed to coordinate the use of existing central and local funding channels such as special funds for foreign economic and trade development, and further support the transformation and upgrading of processing trade and gradient transfer. Fully implement the policy of temporarily exempting withholding income tax from overseas investors investing directly with distributed profits. Implement the Catalogue of Industries Encouraging Foreign Investment (2022 Edition) and the Catalogue of Encouraged Industries in the Western Region (2020 Edition), and implement corresponding tax preferential policies. In terms of strengthening financial policy support, it is suggested to encourage banking institutions to increase credit support for the production, operation, import and export of processing and trade enterprises, especially small and medium-sized enterprises. Support insurance institutions to increase their support for export credit insurance for processing and trade enterprises, especially small and medium-sized enterprises. Encourage financial institutions to optimize and improve foreign exchange derivatives and cross-border RMB businesses, better meeting the exchange rate hedging and cross-border RMB settlement needs of foreign trade enterprises, including processing and trade enterprises. Encourage local governments to strengthen public services such as training and consultation for small and medium-sized processing and trading enterprises in exchange rate hedging. In terms of strengthening the construction of gradient transfer carriers, opinions are proposed to cultivate high-quality processing trade gradient transfer key receiving areas, processing trade receiving and transferring demonstration areas, national processing trade industrial parks and other carriers, improve dynamic evaluation and assessment mechanisms, and strengthen classification guidance. Increase publicity efforts and continue to guide the transfer of processing trade to the central, western, and northeastern regions. Support policy training, experience exchange and other activities to promote the replication and promotion of good experiences and practices in the gradient transfer of processing trade. For gradient transfer carrier projects that meet the conditions, support will be provided through local government special bonds. Based on local development needs, priority should be given to supporting eligible areas in the central, western, and northeastern regions to establish bonded supervision sites. (Lai Xin She)