Fujian Forum On Government, Banking And Enterprises Helps Textile And Chemical Enterprises Resist Foreign Trade Pressure

In order to help textile chemical enterprises fight against the epidemic situation, resist foreign trade pressure and stabilize business development, in April 1st, the Fujian Provincial Department of Commerce, Fujian Provincial Federation of enterprises and entrepreneurs, the Fujian branch of the State Administration of foreign exchange and the Fujian branch of the China Import and Export Bank jointly organized a special symposium on "war epidemic and expanding market" of the textile and fiber industry, and invited more than twenty enterprises in the industry to participate.

At the symposium, the government and the banking industry understood the operation of the upstream and downstream enterprises of the textile chemical fiber industry around the new situation of the epidemic situation, and made plans for coping with the epidemic situation, and actively explored policy support and financial services measures.

With the spread of the epidemic overseas, Fujian textile and chemical fiber trade faces new pressure. Is the problem turning from "domestic enterprises can deliver goods" to "foreign customers can receive goods normally?" At present, many textile and chemical fiber enterprises encounter the problem of suspension or cancellation of overseas orders, and sales show signs of contraction.

In order to strengthen financial support for the development of textile and chemical fiber enterprises, the Fujian branch of the export and Import Bank of China, based on the establishment of 40 billion yuan to support the special amount of stable foreign trade, increased the financial scale by 20 billion 200 million yuan, and strengthened financial services around key industries and enterprises in foreign trade.

Wang Xuguo, President of the Fujian branch of the import and export bank, said that in order to help foreign trade enterprises to reduce the impact of the epidemic and achieve stable development, the import and export bank has implemented a number of measures, including moderately adjusting the rating credit policy, making wider support for customers, carefully adjusting some of the power of examination and approval, improving the efficiency of examination and approval, and expanding the scope of import and export data acquisition, covering customs, business and labor. Data from the letter, SASAC and the safe and other departments, increase trade financing and support for foreign trade. Through this series of measures, the Fujian branch of the import and export bank will provide reliable and efficient financial services for textile and chemical fiber enterprises.

In promoting trade facilitation, the Fujian branch of the State Administration of foreign exchange (FSB) has introduced relevant measures for business processes to enhance business efficiency and optimize import and export services. Guo Xuejun, deputy director of the current account Office of the Bureau, said that as of the end of 3, the board has passed the green channel of foreign exchange policy, which has facilitated business transactions for more than 300 enterprises, involving an amount of 1 billion 270 million yuan. At the same time, the foreign exchange management department has promoted the facilitation of credit compliance enterprises, and the enterprises that meet the requirements and belong to the bank recommendation can enjoy this measure; the next step will be through block chain technology. Measures should be taken to strengthen the collection of enterprise qualification information, enrich the audit basis of financial institutions, and help foreign trade enterprises develop.

While banks and enterprises are fighting against foreign trade pressure, many textile and chemical fiber enterprises express the need to expand domestic demand, digest expected production capacity, achieve operating income, and promote long-term sustainable development. In order to promote the domestic sales of enterprises, Fujian has issued relevant policies. Zhong Muda, deputy director of the Fujian Provincial Department of Commerce, said that enterprises should be encouraged to develop e-commerce, push enterprises to purchase large quantities of goods, speed up the layout of domestic marketing networks, and guide productive export enterprises to transform provincial key technical projects, so as to help enterprises strengthen domestic sales, resist foreign trade pressure and enhance their ability to resist risks.

The participating enterprises actively offered suggestions for expanding domestic demand. Some enterprises have suggested that the domestic consumption level can be effectively promoted by supporting the development of downstream domestic enterprises, building online sales platforms, issuing product vouchers, promoting unit group buying, and enhancing the development of functional products.

Among them, Wu Huaxin, chairman of Fujian Yung Wing Holdings Group Co., Ltd., said: "as an upstream company, we need to rely on downstream enterprises and domestic enterprises to increase market demand. At present, Yung Wing Holding Group conducts market research to provide market analysis, forecast and marketing strategy support for downstream domestic sales. At the same time, Wu Huaxin believes that online data has become a necessary option, and it needs to increase investment in e-commerce. Departments need to strengthen professional services such as Jingdong, Tmall electric business platform, build online joint sales channels, provide professional training, publicity and promotion and platform docking services for enterprises, and launch a series of exclusive offers of textile enterprises in Fujian province to help enterprises build an e-commerce platform.

How can the goods that cannot be exported become domestic? Wu Shaohua, a representative of the 31st degree group, puts forward that consumption coupons can trigger consumers' consumption intention to some extent and promote domestic sales; and they hope to promote relevant enterprises to carry out group buying activities and other forms of activities to stimulate product consumption. Wu Shaohua said: "the epidemic is also an opportunity for sports brand, consumers will pay more attention to health, and the demand for sports has been improved."

In addition, some enterprises have proposed that the epidemic can be transformed into an opportunity to "improve internal strength", and speed up technological transformation and equipment upgrading so as to achieve transformation and upgrading on the basis of maintaining enterprise operation. Zheng Chunhua, the representative of Honggang Textile Technology Co., Ltd., Fujian, said that over the past 10 years, the company had no time to maintain and update the equipment. The remaining generation space needed to be compressed. The company will upgrade all the equipment in the next six months. "Some people think that the textile industry is a sunset industry, but I think it is an industry of ten thousand years." Zheng Chunhua said that under the premise of strengthening technological transformation, products after transformation and upgrading can better adapt to market demand and promote the sustainable development of industry.

Through this forum, the government, banks and enterprises will effectively enhance information exchange. Liu Jieming, President of Fujian Federation of enterprises and entrepreneurs, said that through government guidance, supply chain financial support and social organization services, efforts should be made to open up the industrial chain, expand the market of terminal products, and make up for the loss of the epidemic. (end)