Under the influence of the epidemic, foreign demand is weak. What measures will the Ministry of Commerce take to reduce corporate bankruptcy and stabilize foreign trade orders? On the 18th, Minister of Commerce Zhong Shan responded to this issue at the press conference.
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On the 18th, Guoxin Office held a press conference on stabilizing the basic foreign trade and foreign investment and promoting high-quality business development. A reporter questioned at the meeting that 180 million people were employed in the foreign trade industry. Under the influence of the epidemic, foreign demand was weak. Many companies were forced to stop production because of no orders. What measures will the Ministry of Commerce take to reduce bankruptcy and stabilize foreign trade orders?
Zhong Shan responded that the global epidemic has spread and the demand in the international market has dropped significantly. The challenges facing my country's foreign trade this year are unprecedented. The Ministry of Commerce will do its best to stabilize foreign trade in accordance with the requirements of the "six stability" and "six guarantees" of the central government.
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Zhong Shan pointed out that the first is to help enterprises overcome difficulties. "Affected by the epidemic, our enterprises are very difficult, such as tight funds, declining orders, increased risk of the industrial chain and supply chain. These foreign trade companies have orders in the early stage because of unsmooth logistics and later production capacity, but no orders This has caused great difficulties for these enterprises. We have also analyzed these difficulties. Some difficult enterprises can solve them through their own efforts, and some difficulties need government help. For example, fiscal taxation, financial insurance, etc., need government support and help."
Zhong Shan mentioned that since the outbreak of the epidemic, the Party Central Committee and the State Council have repeatedly studied how to solve practical difficulties and problems and help enterprises to overcome difficulties. In the recent situation, some policy measures have also played a role. For example, the speed of export tax rebates has been accelerated. It used to be more than ten days, but it has been shortened to about a week, which is conducive to corporate capital turnover. The second is to expand the scale of corporate credit to help companies solve the problem of funding difficulties. Expanding the coverage of credit insurance, China Credit Insurance has provided assistance to 110,000 enterprises. Most of the foreign trade enterprises used to export only. Now, after the export is blocked, the government supports them to transfer their exports to domestic sales. This work is now seeing results. The domestic sales of export enterprises increased by 17% in April, indicating that high-quality foreign trade products are also welcomed by domestic consumers.
The second is to optimize the layout of the international market. Due to the epidemic situation, the demand in the international market has declined, but it does not mean that there is no demand or that there is no market. To consolidate traditional markets and open up new markets, "the West is not bright, the East is bright", now some countries have seen a sharp drop in demand, but there are other markets. For example, in the first 4 months, China's total imports and exports fell by 4.9%, but The trade of the countries along the route has risen against the trend, and its share has increased significantly. There is also ASEAN, which has now become my country's largest trading partner.
"We will actively expand imports while expanding exports, and prepare for the third China International Import Expo to meet the needs of domestic production and living. At the same time, we will further promote global open cooperation." Zhong Shan added.
The third is to cultivate new trade formats and models. Zhong Shan said that in the past few years, cross-border e-commerce and market procurement trade methods have developed rapidly. This year, the pilot will be accelerated. In particular, the comprehensive cross-border e-commerce pilot zone will be expanded from 59 to 105, supporting new The development of business forms fosters new momentum for foreign trade, making these new models and new business forms a new bright spot in foreign trade development.
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