Import and Export policy in China

There are five aspects to the foreign trade stabilization policy:

First, must focus on securing orders and stabilizing the import and export of key industries and labor-intensive industries. Guarantee the stability of production and circulation in the field of foreign trade, determine the list of key foreign trade enterprises and provide guarantees in terms of production, logistics and employment.

Second, must effectively and orderly clear the collection and distribution of sea and airport, and improve the efficiency of operation and customs clearance. Make good use of air cargo capacity to ensure the transportation of important parts, equipment and products. Investigate and punish violations of foreign trade freight prices.

Third, must introduce policies to facilitate cross-border e-commerce export returns and exchanges as soon as possible, and support qualified cross-border e-commerce enterprises to declare high-tech enterprises. Support the stable development of processing trade, and include labor-intensive processing trade in the central, western and northeastern regions into the catalogue of industries encouraged by the state. Explore the inclusion of large medical equipment, robots, etc. into the scope of bonded maintenance, and carry out pilot projects for bonded remanufacturing of automobile engines.

Fourth, it is necessary to increase the credit supply to small, medium and micro foreign trade enterprises, support banks to not blindly withdraw, cut off, and suppress loans for those who are temporarily trapped, and sort out a group of urgently in need of funds to give key support. Expand the scale of export credit insurance short-term insurance and shorten the payment time. Increase credit insurance policy financing. Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.

Fifth, must optimize platform services such as the Canton Fair, and strengthen mutual promotion with cross-border e-commerce. All localities should make good use of the special funds for foreign economic and trade development to support small, medium and micro enterprises to participate in overseas exhibitions. Cultivate a batch of new import trade innovation demonstration zones.