A Number Of Supporting Foreign Trade Policies Are Expected To Come Out.

The foreign trade situation is not optimistic.

Insiders say that this year China

Zijin Mountain, Vice Minister of Commerce, said at the import and export working conference that this year's foreign trade situation is more serious and complex, and its tasks are more arduous and difficult.

China Securities Journal reporter

Strengthening export credit support

Since the end of last year, Ministry of Commerce, development and Reform Commission and other departments have conducted research on foreign trade enterprises and circulation industry nationwide.

Foreign trade enterprises, especially small and medium-sized foreign trade enterprises are generally faced with

Li Huiyong, chief macroeconomic analyst at Shenyin Wanguo, said that the central bank lowered the deposit reserve rate to a certain extent, easing the domestic market.

Insiders said that in order to strengthen financial support for foreign trade enterprises, commercial banks should actively carry out import and export credit business in accordance with the principle of controllable risk and commercial sustainability, so as to improve service level.

At the same time, we should support financing guarantee institutions to expand SMEs' import and export financing guarantee business, increase support for SMEs' import and export credit, and give full play to the guiding role of export credit insurance.

Zhang Lei, a macroeconomic analyst at Minsheng securities, said that China Export and Credit Insurance Corp, as a policy department that promotes China's export trade to ensure the safety of foreign exchange receipts from export enterprises, provides low export credit insurance rates and should be appropriately improved so as to give full play to the role of export credit insurance.

Data show that last year, China's export credit insurance amounted to 216 billion 240 million US dollars, accounting for 11.3% of China's total trade exports over the same period, lower than the world average level.

A number of measures are expected to go hand in hand.

According to media reports, the Ministry of Commerce, the national development and Reform Commission, the General Administration of customs and the General Administration of quality supervision, inspection and Quarantine will jointly issue the "guiding opinions on accelerating the pformation of the development mode of foreign trade".

The industry believes that more support for the development of foreign trade policy is expected to launch, involving taxation, RMB trade settlement and other fields.

Insiders said that in respect of fiscal and tax policies, the export tax rebate should be "maintained", the export rebate rate of traditional products should be maintained, and the export tax rebate rate of high-tech products should be appropriately raised.

At the same time, we should guide enterprises to take positive measures to deal with exchange rate fluctuations, and actively carry out cross-border trade RMB settlement work, and continue to expand the RMB settlement area and country.

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