Assistant Minister of Commerce Ren Hongbin stated at the State Council’s regular policy briefing held by the State Council Information Office on July 12 that in the next step, the Ministry of Commerce will closely cooperate with relevant departments and units to strengthen situation research and judgment, and introduce targeted policies to help enterprises. Relieve difficulties and make every effort to stabilize the basic market of foreign trade and foreign investment.
Specifically, Ren Hongbin said that five areas of work should be focused on. The first is to implement and improve support policies. Maintain the continuity of foreign trade and foreign investment policies and promote the implementation of relevant policies. Strengthen policy publicity and interpretation, and guide enterprises to make full use of policies. The second is to promote the innovative development of foreign trade. In-depth implementation of the three programs of superior import and export, trade industry integration, and unimpeded trade, improve export quality, promote brand building, increase imports of high-quality products, and build a national import trade promotion innovation demonstration zone. We will organize major exhibitions such as China International Import Expo, Canton Fair, and Service Trade Fair, and encourage the development of online exhibitions. We will comprehensively deepen the pilot program for new development of trade in services. Promote the same line, same standard and same quality, and support export to domestic sales. The third is to promote high-level opening up. Further reduce the negative list of foreign investment access in the national and pilot free trade zone versions. Promote the expansion of opening up comprehensive demonstration pilot projects in the service industry, and summarize and form a new batch of pilot experiences and practices. Revise and improve the assessment and evaluation methods of the comprehensive development level of national economic development zones, and formulate the negative list of cross-border service trade in pilot free trade zones and the national version. Give the pilot free trade zone greater reform autonomy, and steadily promote the construction of a free trade port in Hainan. The fourth is to stabilize the supply chain of the industrial chain of foreign trade and foreign investment. Implement the “Catalogue of Industries Encouraging Foreign Investment” to guide more foreign investment in high-end manufacturing and other fields. Strengthen the investment promotion of the industrial chain, provide personalized services to key enterprises and key foreign-funded projects, and stabilize the backbone of the industrial chain. Strengthen the construction of national foreign trade transformation and upgrading bases and processing trade industrial parks. Deepen the economic and trade cooperation in the joint construction of the “Belt and Road”, and give full play to the role of new international land-sea trade channels and China-Europe freight trains. The fifth is to promote the liberalization and facilitation of global trade and investment. Resolutely safeguard the multilateral trading system, actively participate in WTO reforms, implement the free trade zone upgrading strategy, and promote the effective implementation of RCEP as scheduled. Actively consider joining the CPTPP and accelerate the promotion of China-Japan-Korea free trade negotiations. Strengthen bilateral economic and trade cooperation, promote smooth international logistics channels, and promote trade and investment facilitation.
Ren Hongbin said that from an international perspective, the global epidemic situation is still severe, economic recovery is uncertain, industrial chain supply chain risks have increased, and trade issues have become more politicized.
From a domestic perspective, my country’s foreign trade companies face four major difficulties. One is the low efficiency of international shipping and high prices; the other is the increased fluctuations in the RMB exchange rate, and the phenomenon of “not daring to accept orders and unprofitable exports” has emerged; The price of raw materials has risen, raising the cost of enterprises; fourth, it is difficult and expensive to recruit workers in some areas.
“In the next step, the Ministry of Commerce will closely follow the changes in the domestic and international situation, research and propose policy measures.” Ren Hongbin said, first, strengthen international economic and trade cooperation, constructively participate in global economic governance, promote multi- and bilateral regional rule negotiations, and establish high standards of self-reliance. Trade zone network, meticulously prepare and host the 4th China International Import Expo, so that global enterprises can share China’s development opportunities. The second is to promote the “Belt and Road” construction with high quality, steadily expand the Silk Road e-commerce partner countries, successfully host the 130th Canton Fair, and promote market diversification. The third is to accelerate the development of new forms and models of foreign trade, and cultivate new momentum for foreign trade. The fourth is to develop high-quality and innovative foreign trade industrial clusters to promote trade and industrial integration. (Ni Mingya)
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责编：张慕琛 ]
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