China Will Host The Canton Fair For The First Time In The Form Of Network.

The 7 session of the State Council executive meeting decided that the 127th Canton Fair will be held online in mid and late 6. This will be the first time that China's oldest trade event has been held in the form of Internet, so that Chinese and foreign merchants can place orders and do business without leaving home.

At present, the new crown pneumonia epidemic is spreading all over the world, and the situation is grim. The meeting decided to invite overseas and domestic merchants to display products online, use advanced information technology, provide all-weather online promotion, procurement and docking, online negotiation and other services, and create online trade platform for high-quality and special products.

"Organizing the" online Canton Fair "is a new attempt under special conditions and special background. Zhuang Rui, vice president of the International Economic Research Institute of the University of foreign trade and economics, said that on the one hand, Chinese and foreign merchants have strong demands and demands, and continue to do business with the internationally recognized important trade platform of Canton Fair. On the other hand, the development of China's digital economy has enabled us to hold the "online Canton Fair".

Zhang Yansheng, principal investigator of China International Economic Exchange Center, holds that the holding of the "online Canton Fair" can restrict trade from factors such as booth, negotiation room, hotel and so on, and more importantly, in the past, trade is going to be quantity, and more intensive farming will be needed in the future. "Online Canton Fair" can provide such an opportunity to make cloud computing, big data and industrial Internet of things better promote the development of high quality trade in practice.

On the day of the outbreak, how to stabilize foreign trade and foreign capital market? The conference also launched several weightier measures, including the establishment of a comprehensive pilot area for cross-border e-commerce and support for processing trade.

The meeting decided that on the basis of the establishment of 59 cross-border electricity supplier comprehensive test zones, 46 new cross boundary electricity supplier comprehensive test zones will be set up. Lao Guo Ling, director of the electronic commerce research center of Shanghai University of Finance and Economics, thinks that through the expansion of cross-border electricity supplier comprehensive test area, with the advantage of cross border e-commerce policy as a buffer, with the help of preferential policies such as taxation, foreign trade enterprises will be able to tide over difficulties.

The conference has launched three measures to ease the difficulties of processing trade enterprises: first, the processing trade bonded materials or manufactured goods are sold domestically, and the interest on tax reduction is temporarily exempt from the end of the year. Two, it is necessary to extend the pilot scale of processing trade enterprises' domestic sales according to imported materials or finished products to all comprehensive bonded areas. Three, we should expand the scope of encouraging foreign investment and narrow the categories of prohibited products in processing trade.

Experts believe that the series of initiatives launched by the conference is a continuation and supplement to the previous policy, which helps to cope with the severe situation and effectively stabilize foreign trade and stabilize foreign investment.