Ministry Of Commerce: More Pragmatic Measures Will Be Launched To Help Foreign Trade Companies Grab Orders And Expand Markets
Since the beginning of this year, my country's foreign trade has been under pressure due to multiple factors. Vice Minister of Commerce Guo Tingting said at the recent press conference of the State Council Information Office that she is working with various localities and relevant departments to intensify efforts to launch more pragmatic measures to help foreign trade companies grab orders and expand markets, and strive to achieve full-year foreign trade The goals and tasks of promoting stability and improving quality.
"We are ready to introduce a number of policies and measures to support new energy vehicle trade cooperation, support second-hand vehicle exports, improve the development level of processing trade, and support the construction of overseas warehouses." Guo Tingting said that while increasing trade policy support, we will also strengthen international market development. We will hold key exhibitions well, further optimize visa policies, and better facilitate the exchanges of business personnel.
In terms of strengthening enterprise-related training and financial services, Guo Tingting said that she will continue to carry out special training and matchmaking meetings on trade hedging, RCEP chain stabilization, and overseas warehouses. Increase export credit support for foreign trade enterprises, especially small, medium and micro foreign trade enterprises, and further expand the underwriting scale and coverage of export credit insurance.
In addition, we will continue to promote trade liberalization and facilitation, firmly safeguard the multilateral trading system with the WTO as the core, oppose unilateralism and protectionism, adhere to high-level opening up, accelerate the construction of a high-standard free trade area network, and inject new energy into global economic recovery. More motivation.
Guo Tingting introduced that with the joint efforts of all parties, China’s foreign trade has demonstrated strong development resilience and innovative vitality. Compared with the same period in 2019, China's import and export scale and the number of foreign trade entities increased by more than 30% in the first eight months of this year. The proportion of exports to emerging markets increased by nearly 7 percentage points. The scale of new business formats such as cross-border e-commerce increased by 11%. Times, green new energy products have become an export highlight.
"At the same time, according to WTO statistics, global exports in the first half of the year fell by 4.6% year-on-year, 1.4 percentage points more than China. China's global market share reached 14.2%, an increase of 0.4 percentage points from the same period last year." She explain.

