? ? ? ? In order to thoroughly implement the decisions and arrangements of the CPC Central Committee and The State Council, help foreign trade enterprises cope with difficulties and challenges, achieve the tasks and objectives of maintaining stability and improving the quality of imports and exports, and help stabilize the economy, industrial chain and supply chain, The State Council, with its consent, hereby puts forward the following suggestions:

? ? ? ? I. We will strengthen production and operation guarantees for foreign trade enterprises.Local governments should establish a service guarantee system for key foreign trade enterprises, take the initiative to provide services, and promptly grasp and solve the difficult problems of foreign trade enterprises. Wade epidemic areas (high-risk areas in place at the county level administrative regions) province, in completes the disease prevention and control at the same time, determine the key foreign trade enterprise list and related logistics enterprises, personnel, for production, logistics, recruitment guaranteed, as soon as possible to help affected by outbreaks of foreign trade enterprises to resume work reaches producing and guarantee stable foreign trade supply chain. (The local people’s governments, the Ministry of Commerce, the Ministry of Industry and Information Technology, the Ministry of Human Resources and Social Security, the Ministry of Transport, and the National Health Commission are responsible according to their respective responsibilities)

? ? ? ? II. Promote the smooth transportation of foreign trade goods.Local strictly implement guarantee logistics and promote the industry chain supply chain stable televised meeting spirit and the response of the State Council will be coronavirus pneumonia outbreak zone spreading mechanism about earnestly do a good job of freight logistics bao tong bao chang notice (state invention electricity [2022] no. 3) requirements, the foreign trade of goods should be brought into the scope of important materials, To ensure the smooth transportation of freight and logistics, foreign trade enterprises with transportation needs can apply for vehicle permits for transportation of key materials according to relevant regulations. We will effectively and orderly dredge sea, air and port collection and transportation, and improve the efficiency of operations and customs clearance. Local governments should actively optimize the operation process, further reduce the waiting time of international liner ships, refrain from increasing the number of layers, and introduce measures affecting the efficiency of international container liner operations at ports. We will strengthen the protection of customs and operating personnel at airports and ports, make good use of air cargo capacity, and ensure the transportation of important spare parts, equipment and products. We will strengthen communication and coordination with countries along the routes of international freight trains, and simultaneously improve customs clearance and operation efficiency at railway ports. We will further improve the efficiency and capacity of land transport between Shenzhen and Hong Kong. (Local people’s governments, the Ministry of Transport, The National Development and Reform Commission, the Ministry of Public Security, the Ministry of Commerce, the National Health Commission, the General Administration of Customs, the State Railway Administration, the Civil Aviation Administration of China, and the China National Railway Corporation Limited are responsible according to the division of responsibilities)

? ? ? ? III. We will strengthen maritime logistics services to stabilize foreign trade.Local and business associations organize small, medium and micro foreign trade enterprises to increase docking efforts with international liner companies, and further promote the expansion of direct passenger docking business scale of liner companies. We will step up research and promote the listing of Marine freight rate and capacity futures on the Shanghai Futures Exchange and Dalian Commodity Exchange. We will strengthen market supervision in the field of international maritime transport in accordance with laws and regulations, and investigate and handle acts of unfair competition, illegal pricing and monopoly by relevant players in the international maritime transport market. Local governments will coordinate and help logistics and freight forwarders to pick up containers of refrigerated and dangerous goods and improve the efficiency of cargo transfer at major ports. (Local people’s governments, The Ministry of Transport, the National Development and Reform Commission, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission of the State Council, the State Administration for Market Regulation, and the CSRC are responsible according to the division of responsibilities)

? ? ? ? IV. Accelerate the development of cross-border e-commerce, improve its quality and efficiency.In view of the supervision mode of cross-border e-commerce export to overseas warehouses, strengthen policy publicity, guide enterprises to make full use of the current export tax rebate policy for the goods sold, and timely declare and apply for tax rebate. We will introduce policies as soon as possible to facilitate the return and exchange of goods for cross-border e-commerce, and launch pilot projects at an appropriate time. In view of the characteristics of the cross-border e-commerce industry, strengthen policy guidance and support qualified cross-border e-commerce related enterprises to apply for high-tech enterprises. (Ministry of Commerce, Ministry of Science and Technology, Ministry of Finance, General Administration of Customs, State Administration of Taxation according to their respective responsibilities)

? ? ? ? V. Increase export credit insurance support.We will expand short-term insurance for export credit insurance. China Export credit Insurance Companies are encouraged to support foreign trade enterprises in further diversifying their markets on the premise of compliance with laws and regulations and controllable risks. Export credit insurance institutions continue to do a good job in underwriting claims of foreign trade enterprises. (Ministry of Finance, Ministry of Commerce, CBRC, National Development and Reform Commission and China Export and Credit Insurance Corporation shall be responsible according to the division of responsibilities)

? ? ? ? VI. Increase import and export credit support.To support banking institutions in not blindly holding back, withdrawing, cutting off or pressuring foreign trade enterprises with good development prospects but temporarily suffering from difficulties, and to meet the reasonable capital needs of enterprises according to the requirements of risk control and the actual operation of enterprises. (The CBRC, the People’s Bank of China, the Ministry of Commerce, the National Development and Reform Commission and the Export-Import Bank shall be responsible according to the division of responsibilities)

? ? ? ? VII. Further strengthening financial support for micro, small and medium-sized foreign trade enterprises.Local governments have strengthened the connection between government, banking and enterprises, sorted out a list of small, medium and micro foreign trade enterprises in urgent need of capital, carried out “list management”, and provided key support in accordance with market-oriented principles. We will increase support for export credit insurance for micro, small and medium-sized foreign trade enterprises, and further expand their underwriting coverage on the basis of last year. We will optimize underwriting and claim settlement conditions for small, medium and micro foreign trade enterprises and shorten the claim settlement time. Banking institutions are encouraged to increase credit support to foreign trade enterprises, especially small, medium and micro foreign trade enterprises, in accordance with market-oriented principles. We will encourage banks and insurance institutions to deepen cooperation in financing export credit insurance policies, strengthen credit enhancement support for small, medium and micro foreign trade enterprises, and increase the financing scale of credit insurance policies. (The responsibilities of the local people’s governments, the Ministry of Finance, the Ministry of Commerce, the People’s Bank of China, the CBRC, the Export-Import Bank of China and China Export and Credit Insurance Corporation shall be divided according to their respective responsibilities)

? ? ? ? VIII. Speed up the improvement of foreign trade enterprises’ ability to cope with exchange rate risks.We will keep the RMB exchange rate basically stable at an appropriate and balanced level. More training, consultation and other public services will be provided to foreign trade enterprises. Encourage banking institutions to innovate and optimize foreign exchange products, improve the service capacity of grassroots banking institutions, actively increase the number of first customers for hedging exchange rate, optimize online banking and online platforms for hedging exchange rate modules, improve the convenience of business handling, and strengthen exchange rate hedging services for small, medium and micro foreign trade enterprises through internal assessment and incentives. (The local people’s governments, the Ministry of Commerce, the People’s Bank of China, the CBRC and the SAFE shall be responsible according to the division of responsibilities)

? ? ? ? IX. Continue to improve the RMB settlement environment for cross-border trade.Support local people’s bank branches and commercial authorities to strengthen coordination and intensify publicity and training on cross-border RMB settlement. We will carry out trials to facilitate higher-level trade and investment settlement in RENMINBI in an orderly manner. We will encourage banking institutions to strengthen product and service innovation, and provide comprehensive financial services for foreign trade enterprises, including RMB trade financing and settlement. We will support banking institutions to simplify the settlement process through electronic review of documents and documents and improve the efficiency of cross-border RMB settlement under the precondition of compliance with the law. (The responsibilities of the local people’s governments, the People’s Bank of China, the Ministry of Commerce, the CBRC and China Export and Credit Insurance Corporation shall be divided according to their respective responsibilities)

? ? ? ? X. Promote enterprises to make good use of online channels to expand trade transactions.To speed up the China import and export fair (Canton fair) such as the digital and intelligent construction, to strengthen cross-border linkage, such as electric business platform, mutually promote actively the application of virtual reality (VR) and augmented reality (AR), big data, such as technology, optimize the cloud exhibition hall, virtual booth and exhibit the new mode, intelligent docking for mining, facilitate business clinch a deal. Local and key industry associations optimize and innovate online exhibition modes, focusing on key countries, competitive industries and featured regions to create national exhibitions, professional exhibitions and featured exhibitions, so as to help enterprises make good use of online channels to obtain more orders. Local governments actively use special funds for foreign economic and trade development and other relevant funds to support small, medium and micro enterprises to participate in overseas exhibitions by means of “online matchmaking at home and offline commodity exhibitions abroad”. Business associations, trade promotion agencies, overseas institutions and associations of Overseas Chinese enterprises actively help exhibition organizing enterprises and exhibitors connect with overseas buyers. (Local people’s governments, Ministry of Commerce, Ministry of Foreign Affairs, Ministry of Finance, Ministry of Agriculture and Rural Affairs, China Council for the Promotion of International Trade are responsible for their respective responsibilities.)

? ? ? ? XI. Encourage innovative, green and high value-added products to explore international markets.Local departments of industry and information technology, commerce and Traditional Chinese medicine shall support pharmaceutical enterprises to register and certify Chinese and western pharmaceutical preparations and biological products in ICH, PIC/S member countries and who. (each of the local people’s government, the Ministry of Commerce, the Ministry of Industry and Information Technology, Ministry of Finance, the state food and drug administration, the state bureau of traditional Chinese medicine according to the responsibility division of labor) local further create a good policy environment, the use of good special funds and other relevant funds, foreign trade and economic development, and actively guide social investment, support enterprises to carry out the high quality, high technology, high value-added green low carbon trade. (Local people’s governments, the Ministry of Commerce and the Ministry of Finance are responsible for the division of responsibilities.) We encourage Qualified Chinese banks and overseas institutions to actively provide overseas consumer financial products and support foreign consumers to purchase Chinese-brand automobiles under the premise of compliance with laws and regulations and controllable risks. We will support more regions in developing the export business of second-hand cars, expand the export scale of second-hand cars, and improve the export quality of second-hand cars. (Ministry of Commerce, Ministry of Public Security and CBRC shall be responsible according to their respective responsibilities)

? ? ? ? XII. Strengthening the cultivation and construction of import promotion platforms.We will consolidate and enhance the role of import trade promoting innovation demonstration zones in promoting imports, serving industries, increasing consumption, and demonstrating and leading the way, foster a new batch of import trade promoting innovation demonstration zones, and expand the import of quality products. (Ministry of Commerce, National Development and Reform Commission, Ministry of Finance, People’s Bank of China, General Administration of Customs, State Administration of Market Regulation, State Administration of Foreign Exchange, State Food and Drug Administration, Import and Export Bank according to division of responsibilities)

? ? ? ? XIII. We supported the steady development of processing trade.We will deepen regional exchanges and cooperation, support the gradual relocation and steady development of labor-intensive foreign trade industries in China, ensure job creation, and support rural revitalization and coordinated development among regions. We will study the inclusion of labor-intensive processing trade-related industries in the central and western regions and northeast China in the state-encouraged industrial list, and continue to guide the gradient transfer of processing trade. We will support enterprises to carry out bonded maintenance in the comprehensive bonded zone, and gradually include large-sized medical equipment, intelligent robots and other products with high added value and low pollutant emissions into the maintenance product catalogue. We will explore the possibility of launching bonded remanufacturing trials for automobile engines, gearboxes and other products in comprehensive bonded zones. (Local people’s governments, Ministry of Commerce, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Finance, Ministry of Ecology and Environment, General Administration of Customs and State Administration of Taxation are responsible for the respective responsibilities according to the division of responsibilities)

? ? ? ? Local governments and relevant departments should follow the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, resolutely implement the decisions and plans of the CPC Central Committee and The State Council, attach great importance to stabilizing foreign trade, step up efforts to support enterprises in securing orders, and make every effort to achieve the task of stabilizing and improving the quality of imports and exports. Local governments should formulate specific supporting measures in light of their actual conditions, conscientiously organize their implementation, and ensure that all policies and measures are implemented in their respective regions. Mofcom shall, together with other relevant departments, strengthen policy guidance, closely track and analyze changes in the situation, and take multiple measures to stabilize foreign trade. All relevant departments should coordinate closely according to the division of responsibilities and ensure the implementation of all policies and measures.

Article source：Beijing-tianjin-hebei Investment Network