Stabilize Foreign Trade And Foreign Investment, The First Half Of The Country Issued These Support Policies!

This year's "government work report" proposed that in the face of changes in the external environment, we should unswervingly expand the opening up, stabilize the industrial chain supply chain, and promote reform and development through opening up. In order to stabilize the basic market of foreign trade and foreign investment, the state issued a series of supporting policies in the first half of the year. To learn about China government——

1. Stabilize foreign trade! Helping enterprises overcome difficulties

Increase credit support! Ease liquidity difficulties

We will encourage financial institutions such as inventory and pledge to support financing. Relying on the large-scale e-commerce platform, we will strengthen the direct loan business for small and medium-sized foreign trade enterprises.

We should promote the export import bank to continuously increase credit support for small and medium-sized foreign trade enterprises, deepen product service innovation, actively carry out "re loan" business, and invest credit funds to more small and medium-sized foreign trade enterprises through local small and medium-sized banks.

Back! Down! No! Delay! Let enterprises spend less

We will improve the methods of export tax rebate and speed up the pace of tax rebate. In addition to the "two high and one capital" (high energy consumption, high pollution and resource-based), all export products that have not been fully refunded shall be refunded in time and in full.

Support commercial insurance companies to carry out short-term export credit insurance business and reduce rates.

The temporary exemption of deferred tax interest for domestic sales of processing trade from April to the end of this year can reduce the cost of domestic sales and relieve the financial pressure of enterprises.

In the areas under special customs supervision, processing trade enterprises shall pay value-added tax and consumption tax on import links when applying for domestic sales. The import tariff can be paid according to the imported materials or finished products. The tax can be reduced by the enterprise. More enterprises will benefit from the expansion of the pilot project to 113 comprehensive bonded zones across the country.

For a small number of small and medium-sized foreign trade enterprises that are seriously affected by the epidemic, have a long recovery period and have good prospects for development, the banking financial institutions can negotiate with the enterprises to determine temporary deferred debt service arrangements according to the actual situation.

Enhance the ability to resist risks! Stabilize the supply chain of industrial chain

In view of the prominent problems such as the reduction of orders, effective measures are put forward to support market expansion and order increase. Export credit insurance is used to actively protect the risk of order cancellation before shipment. Credit enhancement and guarantee provide support for foreign trade enterprises.

We should encourage the central and western regions and the northeast to give full play to their advantages and undertake labor-intensive foreign trade industries. We will support the development of new business formats such as cross-border e-commerce, overseas warehouses and foreign trade comprehensive service enterprises, expand the pilot of market procurement trade mode, and drive the export of small and medium-sized enterprises.

Reduce business restrictions! Multi channel support for domestic sales of export products

We should speed up the access to the domestic market, simplify the certification procedures of export to domestic products, and simplify the tax procedures of enterprises; we should implement the self declaration of foreign trade enterprises to replace the relevant domestic certification, and allow foreign trade enterprises to make a written commitment to meet the domestic standards for products that have obtained the relevant international certification and the certification standards are not lower than the domestic standards. Further relax the tax time limit for domestic sales, and adjust it from monthly declaration to the longest quarterly declaration.

We should encourage domestic enterprises to carry out special platform for domestic sales, and encourage domestic enterprises to carry out direct marketing activities.

Focusing on the needs of new infrastructure, new urbanization and major project construction, a batch of qualified export products will be transferred to domestic market.

Guide foreign trade enterprises to research and develop marketable domestic products, create their own brands, make full use of new business forms and new models, and promote the integration of online and offline development.

46 new cross border e-commerce comprehensive test areas

On April 7, the State Council decided to set up 46 new comprehensive test zones. With 59 approved, there will be 105 comprehensive test zones in China, covering 30 provinces, cities and autonomous regions, forming a development pattern of land, sea and overseas linkage and mutual aid between East and West.

For the city where the comprehensive test zone is located, if it is included in the pilot scope of cross-border e-commerce retail import, the bonded goods preparation business can be carried out. The imported goods are supervised according to the personal use goods, and the preferential tax rate is applied within the transaction limit.

We should apply the "simplified classification and list inspection and release", increase the single transaction limit of cross-border foreign exchange payment of Payment institutions, simplify the procedures of small and micro cross-border e-commerce goods trade, and give priority to the establishment of international mail exchange bureau.

Further improve the efficiency of import and export customs clearance

Customs declaration is carried out in advance, that is to say, to handle the import and export procedures in advance.

Optimize the customs clearance mode of "two-step declaration" for import, and allow the enterprise to take the goods away after the "summary declaration" is carried out and the Customs has completed the risk investigation and disposal.

The pilot projects of "direct delivery of imported goods" and "direct loading of export goods" shall be carried out in qualified regulatory workplaces.

It is strictly forbidden to take unreasonable measures such as limiting the flow in one day and controlling customs declaration in order to shorten the customs clearance time.

2. Stabilize foreign investment! Create a good business environment

Relax access restrictions! Supporting preferential policies

The negative list of foreign investment access in 2020 was released. According to the principle of reducing but not increasing, the entry of the negative list was further reduced, and the restrictions on foreign investment access in the primary, secondary and tertiary industries were comprehensively relaxed. The new negative list came into effect on July 23.

We will accelerate the revision of the catalogue of industries to encourage foreign investment, in which supporting preferential policies include:

The import of self use equipment within the total investment amount shall be exempted from tariff;

For intensive land use projects, priority should be given to land supply, and the base price of land transfer can be determined according to no less than 70% of the lowest price standard for industrial land transfer;

Foreign investment in the areas listed in the encouraged list in the central and western regions can not only enjoy the above preferential policies, but also enjoy the preferential enterprise income tax rate of 15% in the western development.

Cities at prefecture level and above are authorized to register foreign-invested enterprises.

Foreign funded enterprises enjoy the same policy of helping them out

In order to support enterprises in difficulties, especially small and medium-sized micro enterprises, a series of policies have been issued by the state, departments and local governments in finance, finance, social security and employment. More than 90% of the existing 400000 foreign-funded enterprises are small and medium-sized enterprises, and the vast majority of foreign-funded enterprises can benefit from these policies.

We will treat key foreign-funded projects equally and increase the guarantee of land use. Improve the convenience of foreign high-tech enterprises identification. Foreign funded enterprises are supported by the special amount of refinancing and rediscount, and the scale of new loans from the export import bank.

We should ensure that domestic and foreign-funded enterprises enjoy the same benefits as the recently introduced tax reduction and fee reduction policies.

3. Make greater efforts to reform and opening up

We will expand the scope of cross-border trade and trade promotion, promote the development of medical services in 21 provinces, including promoting the development of cross-border trade, promoting the development of medical services in 21 provinces Opening up to the outside world at a higher level.

We will launch more measures to expand opening-up, promote international cooperation in various fields and levels, and expand the opening up of the service industry, especially the high-end service industry, while continuously deepening the opening-up of the manufacturing industry.

Enhance the attractiveness of the central and western regions and Northeast China to undertake industrial transfer.

We will further create a market-oriented, legal and international business environment, and improve policies to encourage and attract foreign investment, so as to make China a hot land for more foreign investment and business.