Li Keqiang presided over the executive meeting of the State Council
2021-12-24
Recently, Premier Li Keqiang chaired an executive meeting of the State Council to determine cross cyclical adjustment measures to promote the stable development of foreign trade; We will make arrangements for the implementation of the regional comprehensive economic partnership agreement after it enters into force. The meeting pointed out that China's import and export grew rapidly this year, making an important contribution to stabilizing economic growth. However, at present, foreign trade is facing uncertainty, instability and unbalanced factors. We should implement the deployment of the CPC Central Committee and the State Council, further expand opening-up in accordance with the requirements of the central economic work conference, launch response measures to difficulties and challenges, make cross cycle adjustment, help enterprises to relieve difficulties, especially support small, medium and micro enterprises, strive to maintain orders and stabilize expectations, and promote the stable development of foreign trade. First, strengthen policy support for import and export. Implement tax reduction and fee reduction measures. Speed up the progress of export tax rebate and reduce the average time of tax rebate to less than 6 working days. Guide banks to innovate insurance policy financing and other products in combination with the needs of foreign trade enterprises. Keep the RMB exchange rate basically stable, encourage banks to carry out targeted forward foreign exchange settlement and sales business, and improve the ability of foreign trade enterprises to deal with exchange rate risks. Optimize export credit insurance and claim settlement conditions, and strengthen the protection of small, medium-sized and micro foreign trade enterprises and the risk of cancellation of orders before shipment. We will deepen cooperation and joint construction between the East, the central and western regions and the northeast, and support the gradient transfer and undertaking of processing trade. Do a good job in the import of bulk commodities. Second, further encourage the development of new foreign trade formats such as cross-border e-commerce. Add a comprehensive cross-border e-commerce pilot zone. Cultivate a number of offshore trade center cities (regions). Increase support for the construction and use of overseas warehouses in a market-oriented manner. Optimize the import list of cross-border e-commerce retail commodities and expand import categories. Third, strengthen supporting services for enterprises and promote the solution of problems encountered by enterprises in developing products of the same line, the same standard and the same quality in domestic and foreign trade, expanding trade channels and improving the supply chain. Domestic sales of processing trade enterprises will be temporarily exempted in 2022 Levy deferred tax interest. Fourth, ease the pressure of international logistics. Encourage foreign trade enterprises and shipping enterprises to sign long-term agreements. Crack down on illegal charges and bid up freight rates according to law and regulations. Support financial institutions to provide logistics inclusive financial support to qualified small and micro foreign trade enterprises. Fifth, support local governments to establish and improve systems in combination with actual conditions, actively carry out trade adjustment assistance, and help stabilize the industrial chain and supply chain. The meeting pointed out that through the joint efforts of relevant international and domestic parties, the regional comprehensive economic partnership agreement will officially enter into force on January 1, 2022. We should support enterprises to seize the opportunity of the implementation of the agreement, enhance their competitiveness in the international market, further improve the development level of trade and investment, and force domestic industrial upgrading. First, encourage enterprises to make good use of the tax reduction of Member States and the accumulation rules of regional origin to expand the export of advantageous products and the import of competitive products. Make good use of opening commitments and rules, strengthen regional cooperation in high-end, green industrial chain and manufacturing projects, and improve the opening level of service industry and investment. Second, optimize the business environment by benchmarking with international advanced rules, actively introduce funds and talents in the region, and strengthen participation in the formulation and docking of international standards. Third, establish a public service platform and expert team for the implementation of the free trade agreement, further strengthen the training of small, medium-sized and micro enterprises through government purchase of services, and improve the ability to understand and apply the rules of the agreement. Develop specialized services such as customs clearance and documents to facilitate small, medium-sized and micro enterprises. Fourth, continue to promote the entry into force and implementation of more members of the agreement and the institutionalization of the agreement, and jointly build a main platform for regional economic and trade cooperation. We will help play the role of the WTO and adhere to free trade. We will promote negotiations on other multilateral and bilateral free trade agreements and promote high-level opening to the outside world. Other matters were also examined. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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