Ministry Of Commerce Issued The Notice To Stabilize Foreign Trade, Stabilize Foreign Investment And Promote Consumption In Response To The New Crown Pneumonia Epidemic Situation

In February 18th, the Ministry of Commerce issued the notice on "stabilizing foreign trade, stabilizing foreign investment and promoting consumption" in response to the new crown pneumonia epidemic. It proposed to thoroughly implement general secretary Xi Jinping's important speech and instructions on the epidemic prevention and control work, implement the Central Committee and the State Council's decision and deployment, and resolutely win the people's war, the general war and the blocking war against epidemic prevention and control, and make overall plans for epidemic prevention and control. Economic and social development, we should do a good job in stabilizing foreign trade, stabilizing foreign investment and promoting consumption, minimizing the impact of the epidemic on business development.

The notice requires that the reprocessing and auditing departments should be coordinated to expedite the formalities to support foreign trade, foreign investment, commerce and circulation, and e-commerce enterprises to resume production in an orderly way. Simplify the management procedures of foreign trade and trade, guide enterprises to apply for import and export license without paper, promote paperless application for registration of technology import and export contracts, and accelerate the implementation of paperless management of foreign investment record (APPROVAL). Strengthen legal services to help enterprises reduce risks, support relevant institutions for foreign trade enterprises and overseas project implementation subjects free of charge, due to the epidemic caused failure to perform the force majeure factual proof.

The circular pointed out that we should support the development of new mode of foreign trade, strengthen the support of export credit insurance, actively deal with the restrictions on foreign trade, deepen the innovation and development of service trade, and encourage enterprises to make good use of the preferential policies of FTA. We should implement laws and regulations such as foreign investment law and implementation regulations, and guide foreign-funded enterprises to make full use of all supporting policies and measures to cope with the epidemic situation, strengthen the tracking services of large foreign capital projects, innovate and optimize the ways of attracting foreign investment, guide open platforms such as free trade pilot areas and state-level economic and technological development zones, and promote the development of prevention and control, and strengthen the dynamic monitoring of foreign-funded enterprises. Strong service and guidance. It is necessary to set up a quick response mechanism for overseas epidemic response so as to provide coordinated services for overseas Chinese funded enterprises. It is necessary to support the innovative service mode of business circulation enterprises, speed up the transformation and upgrading of pedestrian street, promote service consumption, upgrade quality and expand capacity, release the potential of emerging consumption, and develop convenience stores and vegetable markets.

The notice put forward that the business finance departments should make arrangements for the central government special funds to be issued in advance in 2020, increase the overall utilization of the balance of funds, make good use of local matching funds, drive social capital, and fully support the steady foreign trade, steady foreign investment, and promote consumption.

The notice stressed that the competent departments of commerce at all levels should take Xi Jinping's new socialist ideology with Chinese characteristics as guidance, enhance the "Four Consciousnesses", strengthen "four self-confidence" and "two maintenance", resolutely implement the decision-making and deployment of the Party Central Committee and the State Council, bear in mind the mission of the beginning, strengthen the responsibility and take the initiative, strengthen horizontal cooperation and vertical linkage, and co-ordinate the epidemic prevention. Control and business development, promote various tasks in accordance with the law, go all out to stabilize foreign trade, stabilize foreign investment, promote consumption, strive to accomplish annual target and tasks, better serve the overall situation of economic and social development, and contribute more to building a well-off society in an all-round way.