MOFCOM Will Create Favorable Environment For Export Stability
Under the increasingly harsh international environment, export-oriented enterprises are facing unprecedented difficulties. Although there are still uncertainties in the follow-up effects of the financial crisis on the real economy, the state is adopting a flexible and prudent macroeconomic policy to help SMEs overcome difficulties and maintain steady growth in foreign trade.
Chen Deming, Minister of Commerce, held a special investigation on the 104th Canton Fair in Guangzhou on 3 th. The Ministry of Commerce will increase its efforts in maintaining steady export growth, actively expanding consumption, optimizing the utilization of foreign investment structure, and improving the level of foreign economic cooperation, so as to further improve relevant policies so as to effectively cope with the challenges brought by the international financial crisis.
Chen Deming said that the state is very concerned about the difficulties faced by export-oriented enterprises, and is adopting flexible and prudent macroeconomic policies to help SMEs improve their financing conditions, help labor-intensive enterprises to enhance their competitiveness and maintain steady growth in foreign trade. During the Canton Fair, the state raised the export tax rebate rate of some commodities such as textiles, clothing and toys in a timely manner, which benefited the relevant enterprises and enhanced the ability to resist external market shocks.
Chen Deming pointed out that there is still uncertainty about the subsequent impact of the financial crisis on the real economy. After October this year to the first half of next year, China's exports will continue to grow, but the growth rate may slow down. But at the same time, he believed that in the past 30 years of reform and opening up, China's export oriented enterprises have greatly improved their ability to resist risks in adapting to changes in the international market. In the face of difficulties and challenges, the key is to strengthen confidence and respond calmly. We must seize opportunities and overcome temporary difficulties through improving marketing capabilities, service levels, vigorously implementing brand strategies and developing new markets.
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