In order to help foreign trade enterprises cope with the current difficulties, the executive meeting of the State Council held on the 5th again made arrangements around the stability and quality improvement of foreign trade, and further increased support from the aspects of ensuring orders, improving customs clearance efficiency and increasing credit. Customs data show that in the first quarter of this year, China's total import and export value of goods trade was 9.42 trillion yuan, a year-on-year increase of 10.7%. Although the double-digit growth achieved a "stable start", compared with the high growth of nearly 30% in the same period last year, the growth rate of foreign trade still decreased. The primary measure deployed at the meeting is to focus on ensuring orders and stabilizing the import and export of key industries and labor-intensive industries. Ensure the stability of production and circulation in the field of foreign trade, determine the list of key foreign trade enterprises, and ensure production, logistics and employment. In view of the current phased problems faced by some foreign trade enterprises, such as blocked production and operation and poor logistics and transportation, the meeting proposed to effectively and orderly dredge the collection and distribution of sea and airport, so as to improve the efficiency of operation and customs clearance. Make good use of air cargo capacity to ensure the transportation of important parts, equipment and products. Investigate and deal with foreign trade freight price violations. In addition, the meeting made it clear that it is necessary to increase the credit supply to small, medium-sized and micro foreign trade enterprises, support banks not to blindly withdraw, cut off and suppress loans for those who are temporarily trapped, and sort out a number of urgently needed funds to give key support. Expand the scale of export credit insurance short-term insurance and shorten the compensation time. Increase credit insurance policy financing. Keep the RMB exchange rate basically stable at a reasonable and balanced level. "These measures are highly targeted and operational." Zhuang Rui, a professor at the University of international business and economics, said that at present, the development situation of China's foreign trade is becoming more and more severe, and stabilizing foreign trade is facing new challenges. In view of the practical difficulties faced by foreign trade enterprises such as finance, taxation and finance, the introduction of relevant policies and measures will help stabilize the expectations of enterprises and stabilize the growth trend of foreign trade. At this stage, labor-intensive products still account for a large proportion in China's foreign trade. The meeting focused on this, clearly supported the stable development of processing trade, and included labor-intensive processing trade in the central and western regions and Northeast China into the catalogue of industries encouraged by the state. Zhuang Rui said that labor-intensive industries have absorbed a large number of labor, and the meeting increased support for this type of products, which is not only to strive to stabilize foreign trade and foreign investment, but also to ensure the basic livelihood of the people. In addition, the meeting also proposed to introduce policies to facilitate the export return and exchange of cross-border e-commerce as soon as possible and support qualified cross-border e-commerce enterprises to apply for high-tech enterprises; We should optimize platform services such as the Canton Fair and strengthen measures such as linkage and mutual promotion with cross-border e-commerce. Insiders believe that this will strengthen the construction of foreign trade service system and promote the development of cross-border e-commerce, so as to expand more opportunities for foreign trade enterprises to improve quality and upgrade. Zhuang Rui suggested that under the current situation, in addition to ensuring the detailed implementation of the policies to stabilize foreign trade and help enterprises rescue, enterprises should also take the initiative according to the new characteristics of foreign trade, grasp the opportunities of institutional dividends, new models and new business forms, and constantly improve their ability to resist risks and competitiveness. (Xinhua News Agency)
Edit：Huang Huiqun Responsible editor：Huang Tianxin
Source：xinhuanet
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