Friday, May 14, 2010

External demand next year is difficult to restore to the level before the international financial crisis


China Product
China Product

Released by the Commerce Department on the 22nd, "the Commerce Department review the situation of two series," said 2010 world economic situation will be improved, the recovery of the foundation is not strong, the impact of the crisis still exists, external demand will be difficult to return to the international financial crisis before level, the situation facing China's foreign trade is more complex. According to foreign trade situation and needs, the Ministry of Commerce to timely adjust and improve the import and export tax structures and accelerating the foreign financial system, increase trade financing policy innovation.

    Since the financial crisis, in order to steady foreign demand, the Ministry of Commerce in conjunction with relevant departments to take a series of measures for 7 raised export tax rebate rate, to develop short-term export credit insurance, to improve the trade finance environment, carrying out pilot projects such as cross-border trade settlement in RMB. According to reports, short-term export credit insurance this year is expected to achieve 90 billion U.S. dollars, more than 84 billion U.S. dollars plan.

    Next year's foreign trade situation, the Ministry of Commerce said it will maintain the continuity of foreign policy and the stability required to further implement and improve the export tax rebates, export credit insurance, export credit, cross-border trade, RMB and other measures; for foreign trade business needs policies to further improve trade facilitation, improving customs, quality inspection, foreign exchange and other services, to facilitate import and export to create a more relaxed work environment.
soundproofing materials

    Way of promoting changes in foreign trade development, the review said it would optimize the export product structure, stability, labor-intensive exports, and expand exports of machinery and electronic products and hi-tech products, to develop trade in services and service outsourcing; efforts to improve export product quality, value-added, competitiveness, control of "two high and one capital" exports; in-depth strategy of market diversification, support enterprises to "go out" to stimulate exports, stable, traditional markets, opening up new markets. Commerce Department also said the 2010 will support the import of advanced technology and equipment, key components and materials in short supply in good time to increase imports of strategic resources and reserves, clearing the unreasonable import restrictions.
sound proof insulation

    In addition, the Commerce Department released "Review of the Ministry of Commerce of the situation in series three," said, "next year, 'going out' the opportunities outweigh the challenges facing the development." Guard against all kinds of future we should pay attention to the risks, but also to strengthen their confidence, seize opportunities, speed up "going out" pace.
cork board roll

    According to reports, the Ministry of Commerce will continue to improve the foreign investment with the relevant departments to speed up cooperation service system and the rights protection system, and actively support qualified enterprises to "go out" to achieve steady and rapid development of foreign investment and cooperation.

    In fact, this year, the Ministry of Commerce and other departments in support of the enterprises "going out" has taken a series of measures, including a substantial delegation of approval authority, the external economic and technical cooperation arrangements 800 million yuan of special funds, and promote foreign trade and economic cooperation zones, etc. .

    To continue to support the enterprises to "go," Vice Minister of Commerce Chen Jian said the next step will continue to improve the management system, improving and strengthening public services and strengthen the multilateral and bilateral mechanisms, and continue to improve the support of the fiscal policy, increase foreign exchange, financial support efforts.

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