At the end of last month, Premier Li Keqiang proposed six measures to stabilize foreign trade (the industry calls it "the six new foreign trade countries") at the executive meeting of the State Council. These measures are now being implemented and refined by various departments and local governments. Various departments such as the Ministry of Commerce, the General Administration of Quality Supervision, Inspection and Quarantine, and the local Commerce Departments in many provinces have quickly introduced detailed measures for the "New Six Foreign Trade Countries." Chinese foreign trade companies are in an extremely loose domestic policy environment overnight, and they have better expectations for the next import and export business.

Hugo.com integrates reports from many domestic media and comprehensively sorts out and interprets China's recent new export policies, hoping to help foreign trade companies better understand the content of the policy and grasp new business opportunities under the loose foreign trade policy.

Six Articles of New Foreign Trade Countries and Their Interpretation

First, let's take a look at the specific content of the "six new foreign trade countries":

(1) Formulate convenient customs clearance measures, promptly introduce the reform plan of "one declaration, one inspection, and one release", and implement it step by step at national ports;

Twenty-two, rectify the operating charges of import and export links, reduce administrative charges. The statutory inspection fee for export commodities is temporarily waived. Reduce the types of goods subject to legal inspection, and in principle, industrial products will no longer be subject to export legal inspection. Quickly study the reform plan of the statutory inspection system;

33. Encourage financial institutions to increase support for orders and profitable enterprises and projects, develop short-term export credit insurance business, and expand insurance coverage;

24. Support foreign trade comprehensive service enterprises to provide financing, customs clearance, and tax refund services for small and medium-sized private enterprises' exports. Create conditions to implement a zero tax rate on service exports and gradually expand service imports;

25. Actively expand the import of commodities and increase the scale of import discount funds. Improve multiple trade methods and promote border trade;

26. Strive to promote the basic balance of international payments and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.

Regarding the "Six Articles of New Foreign Trade Countries", many experts have recently given a variety of interpretations, and the editor also wants to offer some ugliness:

In fact, the "Six Foreign Trade Countries" mainly provide support to foreign trade companies in several aspects: first, to improve trade facilitation, and to reform customs clearance at national ports so that imported goods can be cleared quickly and easily; The expenses of foreign trade enterprises on some policy fees make the burden of foreign trade enterprises lighter; the third is to facilitate the financing of foreign trade enterprises, especially to provide financial support to foreign trade enterprises with orders and projects; the fourth is to foreign trade The support of upstream and downstream service industries allows more upstream and downstream enterprises to serve the export industry, so that export enterprises can concentrate on doing business, and other links can be left to the service enterprises to complete; the fifth is to encourage imports; the sixth is to keep the RMB exchange rate basically stable The exchange rate is one of the most headaches for Chinese foreign trade companies in recent years. If this problem is solved well, it will certainly help the majority of enterprises.

Refinement policies issued by various ministries

With the promulgation of the "Six Articles of the New Foreign Trade Countries", various ministries and commissions of the country and many local governments responded quickly, and introduced detailed measures after entering August. Here, Hugo.com editors collected these policies as follows:

[Detailed policy measures issued by the Ministry of Commerce]

Rectify import and export operating charges, reduce administrative charges, temporarily waive statutory inspection fees for export goods, and reduce the burden on enterprises; promote simplified customs clearance models, and promote "one declaration, one inspection, and one release" step by step in regions with mature conditions. Improve the customs clearance efficiency of foreign trade enterprises; increase support for SME financing, such as increasing financial services such as guarantees to facilitate SME financing; financial institutions expand the coverage of export products and equipment insurance, and develop short-term export credit insurance business To create a better and safer environment for corporate exports.

In addition, the Ministry of Commerce will also actively support some emerging new and emerging services, such as cross-border e-commerce and foreign trade integrated services; support enterprises to increase investment in technological innovation, improve product quality, build internationally renowned brands, and establish International marketing network to explore emerging markets; expand and encourage the import of technology and product catalogs; increase the import of energy resources, advanced technology and equipment, key parts and components and domestic consumer goods in demand; support the development of service outsourcing, and improve the construction of service trade demonstration carriers and trading platforms.

The Ministry of Commerce will also promote four specific tasks in the second half of the year: first, to further facilitate cross-border e-commerce trade management through pilot projects, and to make cross-border e-commerce a new growth point for foreign trade; second, to vigorously support enterprises to increase investment in technological innovation, Well-known international brands to explore emerging markets; the third is to expand and encourage the import of technology and product catalogs, increase the import of energy resources, advanced technology and equipment, key parts and components and domestic demand for consumer products; the fourth is to vigorously support the development of service outsourcing and improve the service trade demonstration carrier And trading platform construction, making service trade a new growth point.

[AQSIQ and General Administration of Customs: Export Commodity Inspection Reform, Unbundling for Enterprises]

The General Administration of Quality Supervision, Inspection and Quarantine and the General Administration of Customs issued an announcement on August 1, announcing that it will no longer conduct export commodity inspection on general industrial manufactured products under the 1507 customs commodity codes. This adjustment will be implemented starting today (August 15).

On July 30, the General Office of the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China issued the "Notice on Relevant Work for Exempting the Exemption of Legal Inspection Fees for Export Commodities", and made arrangements for the resolute implementation of the exemption policy of the inspection and quarantine bureaus directly under the administration and made requirements. The Notice clarifies the scope of exempting the inspection fees for export commodities, and exempts all outbound cargoes, transportation vehicles, containers and other statutory inspection and quarantine objects that have been submitted for inspection from August 1, 2013 to December 31, 2013. Collection of exit inspection and quarantine fees. During the period of waiving the legal inspection fees for export commodities, the inspection and quarantine bureaus directly under them shall publicize and publicize the waiver policy to inspection and quarantine counterparts on portals, declaration halls, etc., and formulate more convenient procedures to ensure that the waiver policy is in place.

From August 1 onwards, the customs generally only conducts a small random inspection on honest and law-abiding enterprises. The General Administration of Customs and the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China also decided to expand the scope of the "three one" (one declaration, one inspection, and one release) of customs inspection cooperation from Guangdong to seven other provinces, autonomous regions, and municipalities. After the implementation of the "Three Ones" in Guangdong, the average import clearance time at Nansha Port was shortened from 21 hours to 15 hours. Analysts said that the launch of a number of specific preferential policies this month has greatly boosted the confidence and expectations of exporting enterprises, and has effectively reduced the cost of customs clearance and inspection, which will directly stimulate exports.

[Ministry of Finance: Increase export tax rebate rate for ships and textile products]

The Department of Economic Construction of the Ministry of Finance proposed on July 22 that it is necessary to implement a trade policy that is conducive to enhancing industrial competitiveness, and by appropriately increasing the export tax rebate rate for higher value-added products in the shipping and textile industries to reduce corporate costs. Relevant companies engaged in foreign trade in ships and textiles are expected to receive more export tax rebates and their costs will be further reduced.

Interpretation by Chief Editor: Foreign trade industry faces a new round of growth opportunities

Regarding the current intensive foreign trade policy, Weng Yaoxiong, editor-in-chief of Hugo.com, believes that domestic foreign trade companies are expected to usher in a new round of good growth opportunities.

"The environment in which Chinese foreign trade companies are living is undergoing tremendous changes in a favorable direction, and this change seems to have suddenly occurred. It has suddenly become clear in the past month. I think this change has occurred mainly in two places : First, the external environment has changed, the US economic recovery is accelerating, Germany, France, the United Kingdom and other European countries have begun to recover. The European economy is saying goodbye to the recession. These will bring order growth to foreign trade companies in the near future. Second, the domestic policy environment has changed. After the financial crisis, the country ’s foreign trade policies were adjusted three times. The first time was when the financial crisis broke out, including the increase in export tax rebate rates for many products. Many foreign trade companies have provided policy guarantees in response to the crisis. The second time is last year, and now it is the third time. If the second intensive adjustment of foreign trade policies is to help Chinese foreign trade companies to overcome difficulties, then I think The policy is to help Chinese foreign trade companies meet the challenges of a new round of market growth. "Weng Yaoxiong said.

After several years of dullness, can the Chinese foreign trade industry break out again in the next days? In response, Weng Yaoxiong said that it is still difficult to judge whether China's foreign trade industry can return to the state before 2007, but for many foreign trade companies In terms of it, from now on it will mean a whole new journey.