Ministry Of Commerce: Study And Formulate New Measures To Stabilize Foreign Trade And Stabilize Foreign Investment

Xinhua news agency, Beijing, July, 2 (reporter Wang Yuxiao and Chen Weiwei), commerce ministry spokesman said on the 2 th that the Ministry of Commerce, on the basis of previous research, is working closely with relevant departments to study and formulate new measures to stabilize foreign trade and stabilize foreign investment.

At the regular press conference held by the Ministry of Commerce on the same day, the summit said that in stabilizing foreign trade, relevant policies will be introduced one after another to increase support and maintain small and micro and labor-intensive foreign trade enterprises. It mainly includes improving the export tax rebate -1.html > > Export tax rebate Ways to guide financial institutions to strengthen credit, credit guarantee, guarantee and other financing support, accelerate the development of new modes of foreign trade, such as cross-border electricity suppliers, and increase support for the construction of foreign trade service platforms.

In stabilizing foreign investment, we will accelerate the implementation of the new negative list of foreign investment admittance, intensify the revision of the catalogue of foreign investment industries, further expand the scope of encouragement, and enable foreign investment in more fields to enjoy preferential policies such as taxation. At the same time, we should strengthen the service work of key foreign funded projects, and further create a business environment of marketization, rule of law and internationalization.

At the press conference, the peak also introduced that from 1 to May this year, the total import and export volume of our services amounted to 18686 billion yuan, down 14.6% from the same period last year. The proportion of knowledge intensive trade in services continues to increase. From 1 to May, the import and export of knowledge intensive services in China increased by 8.7%, accounting for 43.3% of the total import and export volume of services. In addition, in the first 5 months of this year, the export volume of cross-border e-commerce retail sales grew against an increase of 12% over the same period last year.