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Goodbye tough 2021, Welcome 2022 !

December 31, 2021

The Ministry of Commerce responds to the hot spots of lack of cores, cabinets, and labor: it is unprecedentedly difficult to do a good job in stabilizing foreign trade next year.

 

Ren Hongbin, Vice Minister of Commerce, said that focusing on the real difficulties and challenges of next year, he proposed a package of response measures in response to the demands of enterprises, drawing on local experience and practices. Effectively maintaining the continuity and stability of policies will help stabilize growth policies to be implemented early and take effect early.

 

At the State Council’s regular policy briefing held today (30th) by the Information Office of the State Council, the relevant person in charge of the Ministry of Commerce introduced: Focusing on inter-cyclical adjustments to further stabilize foreign trade, 15 policy measures are proposed from 4 aspects, and multiple measures are taken to stabilize. foreign trade.


Ren Hongbin, Vice Minister of the Ministry of Commerce, introduced that under the impact of the epidemic, the world economy is recovering fragilely, external demand growth is weak, and the "four liters" problems such as lack of core, lack of cabinets, lack of labor and freight, raw material costs, energy resource prices, and the rise in the RMB exchange rate have directly increased At the same time, it is difficult to sustain the phased factors such as the return of orders and price increases that support the high growth of foreign trade this year. Superimposed on the impact of the ultra-high base in 2021, it is unprecedented to do a good job in stabilizing foreign trade next year.

 

Ren Hongbin, Vice Minister of the Ministry of Commerce: Focusing on the real difficulties and challenges of next year, in response to the demands of enterprises, drawing on local experience and practices, and proposing a package of response measures. Effectively maintaining the continuity and stability of policies will help stabilize growth policies to be implemented early and take effect early.

 

Strengthen fiscal, taxation and financial policy support. Continue to accelerate the progress of export tax rebates, reduce the average time for tax rebates to less than 6 working days, and temporarily exempt the tax deferred interest on domestic sales tax of processing trade enterprises until the end of 2022. Optimize export credit insurance underwriting and claim conditions, and increase protection for small, medium and micro foreign trade enterprises and the risk of cancellation of orders before shipment. Increase export credit support, focusing on alleviating the financing difficulties and expensive financing problems of small, medium and micro foreign trade enterprises. Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, enhance the awareness and ability of foreign trade companies to avoid risks, and actively and steadily promote RMB cross-border trade settlement.

 

A batch of cross-border e-commerce comprehensive pilot zones will be added to cultivate a batch of offshore trade center cities (regions). Promote the high-quality development of overseas warehouses. Actively use the service trade innovation and development guidance fund, etc., to encourage financial institutions to increase support for various enterprises in the construction and use of overseas warehouses in a market way. Adjust and optimize the list of cross-border e-commerce retail imports, expand import categories, and better meet diversified consumer needs.

 

Relieve the pressure on foreign trade supply chains such as international logistics. Encourage foreign trade companies to sign long-term agreements with shipping companies, and organize small, medium and micro foreign trade companies to conduct direct passenger docking with shipping companies. Strengthen supervision in the field of international shipping, and call for the smooth flow of international logistics on multi- and bilateral occasions. Do a good job in the import of bulk commodities and actively ensure the domestic supply of bulk commodities. Actively carry out trade adjustment assistance work. Further enhance the level of trade liberalization and facilitation.

 

Support key industries and key enterprises. Deepen the cooperation between the eastern, central and western regions, and the northeast to jointly build a national processing trade industrial park, and cultivate and identify a new batch of processing trade gradient transfer undertaking sites and demonstration sites. Cultivate a group of dual-cycle trade enterprises. Provide support to labor-intensive product export enterprises in a compliant manner, and support various localities in researching and establishing a fixed-point regular monitoring mechanism for employment in the foreign trade field.