Ministry of Commerce: we will promptly study and introduce new policies to stabilize foreign trade and continue to help foreign trade enterprises reduce burdens

release time:2020/7/17

Ministry of Commerce spokesman Gao Feng said on July 16 that it will work closely with relevant departments to formulate new policies to stabilize foreign trade.

Gao Said at a press conference held by the Ministry of Commerce that the resumption of work and production in China is progressing steadily, but the external environment facing foreign trade enterprises is still complex and severe, and uncertainties and destabilizing factors are on the rise. Next, will jointly with relevant departments, in continue to push for policies on the basis of the ground work, promptly introduced a new batch of foreign trade policy, encouraging local adjust measures to local conditions initiatives, especially around the foreign trade enterprises are faced with the lack of external demand, rising costs, traffic logistics blocked such outstanding difficulties, from the use of foot with good export tax rebates, export credit insurance, expanding foreign trade export credit, give play to the role of line, speed up the development of new pattern of trade new forms and other aspects, for foreign trade enterprises to reduce power and continue to enhance the support for small and medium-sized foreign trade enterprises, continue to help the foreign trade enterprises to further expand the market, snatching orders, Do everything possible to stabilize the basic disk of foreign trade and foreign investment.

At the press conference, Gao Feng also introduced that since the beginning of this year, thanks to the concerted efforts of all parties, foreign trade exports have recovered somewhat. Since April, foreign trade exports have achieved positive growth for three consecutive months, while imports have achieved positive growth in June. In the first half of the year, the decline in imports and exports, foreign trade exports and imports has narrowed to 3.2%, 3% and 3.3% respectively. According to the latest WTO data, China's imports and exports in the first five months were better than the average level of major global economies.

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