China Council For The Promotion Of International Trade Takes Multiple Measures To Support The Development Of Foreign Trade And Foreign Investment
The China Council for the Promotion of International Trade will conscientiously implement the decisions and arrangements of the Party Central Committee and the State Council, give full play to its functions of connecting government and enterprises, integrating internal and external affairs, and smoothing supply and demand, and will continue to build a dense network of service enterprises to help promote "quality improvement and stable quantity" of foreign trade.
The reporter learned at the press conference that recently, the China Council for the Promotion of International Trade is focusing on specific work in the following aspects. First, we should work hard to promote trade. Carefully prepare for the second Chain Expo, as well as brand economic and trade activities such as the 2024 Global Trade and Investment Promotion Summit and the Guangdong-Hong Kong-Macao Greater Bay Area Development Industry and Commerce Conference, promote the national trade promotion system's "Thousands of Groups Going Overseas" action, and provide pragmatic cooperation and negotiations for Chinese and foreign enterprises Business opportunities to build a better economic and trade platform. Collect and select 60 outstanding cases of free trade agreement promotion and application nationwide, release the "2023 Excellent Free Trade Agreement Promotion and Application Case Collection", and plan to hold multiple free trade agreement policy interpretation and utilization trainings to help companies make better use of them The free trade agreement provides policy dividends and improves competitiveness in the international market.
The second is to make a fuss about participating in and organizing exhibitions. In 2024, it is planned to organize 10 overseas economic and trade exhibition projects, involving 9 countries: Honduras, Fiji, France, Germany, Spain, United Arab Emirates, Thailand, Indonesia, and South Africa. At present, 60 exhibition organizers have been approved to carry out 779 overseas exhibition plans in 46 countries and regions, with a planned exhibition area of 436,000 square meters, thereby helping companies obtain orders and expand markets.
The third is to make great efforts in commercial law services. Make every effort to prepare for important conferences and events such as the 2024 Global Business and Legal Conference, AIPPI (International Association for the Protection of Intellectual Property) Hangzhou World Intellectual Property Conference, improve the full-chain, one-stop, international commercial legal service system, and strengthen international economic and trade arbitration, commercial mediation, Intellectual property protection and other legal services are provided through digital platforms such as Trade Enterprise Connect, Trade Law Connect, and China Trade Promotion Agency Commercial Certification to protect the international operations of enterprises around the clock.
The fourth is to make new moves in the construction of think tanks. Compile and publish an export trade (B2B) index for small, medium and micro enterprises, construct a free trade agreement docking index, and provide decision-making guidance and reference suggestions for governments and enterprises at all levels. Compile a list of key cross-border e-commerce contact companies for the China Council for the Promotion of International Trade in 2024, continuously update the cross-border e-commerce database, and compile and publish "Cross-border e-commerce electronic publications" in Chinese and English to help companies understand cross-border e-commerce related policies and market trends in a timely manner.
In terms of attracting and serving foreign-invested enterprises, Yang Fan said that when the General Office of the State Council issued the "Action Plan for Solidly Promoting High-level Opening to the Outside World and Making Greater Efforts to Attract and Utilize Foreign Investment" (hereinafter referred to as the "Action Plan"), the brand activities organized by the China Council for the Promotion of International Trade The first stop of the "local tour" of foreign-funded enterprises - "Hainan Tour" is currently being held. This is also a pragmatic measure by the China Council for the Promotion of International Trade to expand the function of special classes serving foreign-invested enterprises and better serve the construction of Hainan Free Trade Port.
According to reports, many foreign business associations and institutions such as the American Chamber of Commerce in China, the European Union Chamber of Commerce in China, and the Japan External Trade Organization, as well as representatives from more than 30 foreign-funded enterprises such as Qualcomm and GE Healthcare (China), participated in the "Hainan Tour", including 500 people from the world. There are 15 strong enterprises. Under the leadership of Ren Hongbin, President of the China Council for the Promotion of International Trade, foreign-funded enterprises carried out a series of activities such as government-enterprise dialogue, investment talks, park surveys, and industry inspections in Haikou, Sanya and other places. More than 40 issues and demands raised by the enterprises were obtained by relevant functions of Hainan Province. department's resolution or response. Many foreign-funded enterprises have reached cooperation intentions with Hainan in the fields of digital economy, health care industry, equipment remanufacturing, and environmental protection.
During the event, a number of foreign business associations and institutions in China stated that most foreign-funded enterprises still regard China as an important investment destination and are optimistic about China's economic expectations. The Japan External Trade Organization stated that nearly 90% of Japanese companies surveyed will maintain or increase investment in China. The European Union Chamber of Commerce in China stated that 77% of the surveyed companies intend to expand their business in South China. The American Chamber of Commerce in China stated that the profitability of most U.S.-funded companies in China will improve in 2023, and more than 50% of the companies surveyed regard China as their first or top three investment destinations. The German Chamber of Commerce in China said that more than half of German companies plan to increase investment in China in the next two years.