The epidemic situation in China has improved as a whole, and the foreign trade industry is recovering gradually. However, relevant enterprises are still facing many challenges, such as weakened demand in overseas markets and blocked international transportation channels. The smooth supply chain has become a key link for foreign trade enterprises to get rid of difficulties. At present, what coping strategies has the Chinese government implemented? How should foreign trade enterprises solve supply chain problems?
Warming under the supply chain problem
The temperature is rising gradually in June, and the weather is "heating up", is the development of the foreign trade industry "market".
The resumption of work and the growth of revenues have brought relief to the managers of foreign trade companies. However, under the overall trend of positive recovery, the survival and development of foreign trade enterprises are still facing challenges, among which the key is the impact of supply chain problems.
At present, some foreign trade enterprises rely on import of some core parts of their products, while some overseas supply factories reduce production or even halt production. As a result, the supply chain of all kinds of products is in a state of tension, easily causing the problem of insufficient supply, and the follow-up shipment plan is still uncertain.
"The impact of the epidemic on the economy as a whole is not to be underestimated, especially in terms of business demand and the overall supply chain system." The head of GM China said the company is in close communication with customers and suppliers.
"The biological agents needed for drug production and research and development are mainly imported from overseas, as overseas supply chains continue to be tight and are facing the risk of supply disruptions," said the head of a foreign-trade pharmaceutical company.
In addition to supply chain problems, such as the weakening of overseas market demand caused by the outbreak of the epidemic and the obstruction of international transportation channels, etc., all have affected the operation and development of foreign trade enterprises.
Policy support to solve supply chain concerns
To ensure the stability of supply chain, governments at all levels have taken a series of measures.
This year's government work report proposes a series of measures to stabilize foreign trade, including support for industrial and supply chains. The report said it supports enterprises to reduce import and export compliance costs and transfer export products to domestic market. We will accelerate the development of new forms of business such as cross-border e-commerce and enhance international freight capacity.
At the local level, for example, Shanghai issued the Policy measures to Support the stable development of foreign trade Enterprises in response to COVID-19, emphasizing the optimization of the import and purchase mechanism of key prevention and control materials, supporting enterprises to properly arrange the resumption of work and operation, and optimizing customs clearance and supervision services.
Tianjin Binhai New Area has actively participated in the special action plan of "Connecting the Chain", and will regularly organize various matchmaking activities such as industrial chain investment connection, market supply and demand connection, talent recruitment connection, industry-finance demand connection and innovation achievement transformation connection.
In view of supply chain problems, relevant experts put forward Suggestions on the work of the government level. First, strengthen the industrial chain and industrial cluster, realize vertical cooperation between upstream and downstream enterprises of the industrial chain and horizontal interaction between related industrial chain enterprises, and improve the coordination ability and response speed of the supply chain. Second, we will give full play to the competitive advantages of the digital economy, promote the development of cutting-edge technologies such as 5G, artificial intelligence and blockchain, reduce the dependence of high-end parts of the industrial chain on the outside world, and improve the innovation of the supply chain. Third, we will promote high-level "bringing in", improve supply chain development, further expand the scope of foreign investment in key areas and weak links, and attract more transnational high-tech industries, high-tech links and high-end producer services to China.
Three tips, please check the enterprise
Besides policy level, how should foreign trade enterprise do again? To this, the personage inside course of study gives 3 "tips".
First is the timely transformation and adjustment of product structure, so as to adapt to the market demand. Under the impact of the epidemic, enterprises need to timely adjust their production activities in response to external changes. Tianjin Zhenxing is a textile enterprise. Under the impact of the epidemic, As an upstream supply chain enterprise, Zhenxing Textile orders of towels, bath towels and other products dropped by 40%. In order to cope with the impact of the special period, the company timely transformation and adjustment of product structure. During the outbreak, the company took one month to produce new products in accordance with the requirements of the Japanese epidemic prevention department. "At present, we have dedicated 10 percent of our production capacity to produce this product. In the past three months, we have sold nearly 200,000 new products to Japan, with an estimated revenue of more than 2 million yuan."
Secondly, through the domestic supply chain to meet the urgent need. In the context of the global epidemic, the global integration of logistics chains, supply chains are being challenged. However, organic in danger also provides an opportunity for the construction of "localization" chain. Houkai Medical Technology Co., LTD., to cope with the impact of the epidemic, has focused its material procurement on the domestic market and expanded its existing suppliers from more than 60 to 120. "Through bidding, we have introduced suppliers from Shenzhen, Changzhou and other places, and replaced all the materials purchased from the United States and Germany. Now the localization rate of our machines has reached 98%, which can be fully realized as' made in China '."
Third, we will find new markets in the upstream and downstream sectors. In may this year, tianjin automobile industry docking between special conference scene, faw Toyota, faw Volkswagen, three new Great Wall automobile enterprise, and tianjin 132 form a complete set of upstream and downstream enterprises, 10 related financial institutions on behalf of the participant, the 14 key enterprises, colleges and universities in the supply chain, Banks, financial services, logistics services, vocational training and other parties signed a cooperation agreement face to face, line of credit to reach 10 billion yuan.
In addition, in line with the government's efforts to promote the development of digital economy, relevant experts have suggested that foreign trade enterprises need to strengthen the application of digital technology to find business opportunities and adapt to the new changes of the epidemic. Tian Lihui, dean of the Institute of Financial Development at Nankai University, believes that "next-generation information technologies such as artificial intelligence, virtual reality, big data, cloud computing and the Internet of Things will be used in e-commerce to promote online 3D shopping, self-service settlement in physical stores and 24-hour operation of unmanned supermarkets. So even if the epidemic is over, companies should still focus on cross-border e-commerce and the digital economy."
