Measures to stabilize foreign trade are more accurate and effective

At present, more than 80% of foreign trade enterprises are suffering from the double impact of supply chain squeeze and shrinking market demand. From the direct methods of expanding export credit guarantees and preferential credit taxes and fees, to the newly added indirect measures such as the establishment of a cross-border e-commerce comprehensive test zone and the holding of online Canton Fairs, a series of policy “combination punches” have been comprehensively exerted, which is expected to take multiple dimensions Stabilize the basic foreign trade, and strive to minimize the impact of the epidemic on foreign trade.

On April 7, the State Council executive meeting proposed a series of reform measures such as the establishment of a cross-border e-commerce comprehensive test area, support for processing trade, and the online holding of the Canton Fair to actively respond to the impact of the epidemic and strive to stabilize the basic foreign trade foreign investment. This is the fourth time that the central government has deployed foreign investment in foreign trade since March.

This is the first time in the history of China's foreign trade development that such a high-frequency study and judgment of the foreign trade situation and the introduction of relevant policy measures. On the one hand, it shows the great importance attached by the Party Central Committee and the State Council to the stabilization of foreign trade. On the other hand, it also shows that the current foreign trade situation is more severe.

According to a survey by market agencies, more than 80% of foreign trade companies are currently suffering from a double impact of supply chain squeeze and shrinking market demand. In fact, the arrival of the "black swan" of the new crown pneumonia epidemic made it difficult for most of the foreign trade industry's previous experience to work. The external market was unstable, and Chinese foreign trade companies were caught in the vortex of uncertainty.

However, the Chinese foreign trade enterprises that have grown up from market beatings have inherently strong resilience and flexibility. In the past two months, more and more foreign trade enterprises have made efforts to carry out self-rescue from innovative marketing and management improvement, and have made positive progress. However, there is no definite judgment on the change trend of overseas epidemic situation, and the time for the foreign trade enterprises to respond to and rescue themselves is really short. There is an urgent need for relevant departments to take more precise and effective policy measures to help them resolve plugging points, pain points, and tide over The difficulty ahead.

This is a time window not to be missed. It is for this reason that the Executive Meeting of the State Council decided to build a total of 59 cross-border e-commerce comprehensive test areas and establish 46 new cross-border e-commerce comprehensive test areas. By promoting effective practices that promote the development of cross-border e-commerce, more Give full play to the unique advantages of cross-border e-commerce and help foreign trade overcome difficulties with new formats.

Unlike cross-border e-commerce, which is rising against the trend, processing trade, which accounts for a quarter of China's foreign trade, is facing a series of difficulties that need urgent relief. In this regard, the relevant departments have clarified the idea of coordinating the development of domestic and foreign trade, and put forward measures such as temporarily exempting the processing trade from domestic sales for tax deferred interest, narrowing the types of prohibited products for processing trade, expanding the tariff payment pilot to all comprehensive bonded areas, and other measures to help processing Trading enterprises expand the market and move forward lightly.

The "Canton Fair Indefinite Extension", which had received much attention before, also made it clear that the 127th Canton Fair will be held online in the middle and late June. As China's first exhibition with the longest history, the largest scale, and the largest number of buyers at the fair, the “moving” to the Canton Fair this time is of great significance. This is not only the first time that the Canton Fair has been completely held online, but also the continuous transformation of the Canton Fair. An attempt to develop and build a "Never Ending Canton Fair". It is foreseeable that the launch of this new online platform will bring more business opportunities to foreign trade enterprises, especially small and medium-sized foreign trade enterprises.

China has the world's largest, most comprehensive and complete supporting manufacturing system, unblocks the international trade industry chain and supply chain, and fully promotes the resumption of production and production of foreign trade enterprises, which is one of the important measures to stabilize the current basic foreign trade. In view of the poor logistics caused by the epidemic and the decline in order fulfillment rate, the central government clearly requested to enhance the capacity of freight routes such as China-Europe trains, promote the improvement of cargo connection and other conditions, fully undertake the transfer of goods by sea and air, and support the stability of the international supply chain and resumption of work Resume production.

From the direct methods of expanding export credit guarantees and preferential credit taxes and fees, to the newly established indirect measures such as the establishment of a cross-border e-commerce comprehensive trial zone and the holding of online Canton Fairs, a series of policy “combination punches” are expected to be comprehensive The dimension stabilizes the basic foreign trade and strives to minimize the impact of the epidemic on foreign trade.

It should be pointed out that although the epidemic situation does not change the long-term development trend of China's foreign trade, the changes brought about by the epidemic to global economic and trade development have just begun. In this regard, we need to take a long-term perspective and plan ahead, adjust the problems caused by the epidemic, such as unreasonable layout and fragile industrial development, and continue to optimize and improve the foreign trade business environment to help companies turn crises into opportunities and seek greater development.