This year, the global economic growth rate has significantly slowed down, bringing enormous pressure and challenges to stabilizing foreign trade. However, after a series of comprehensive measures to support foreign trade stability, China's import and export of goods in the first eight months of this year remained basically unchanged year-on-year.
Among them, exports have achieved month on month growth for three consecutive months, demonstrating strong resilience. Various regions and departments are also trying to increase their efforts to serve enterprises.
Multiple efforts have been made to stabilize foreign trade, and frequent "new" measures have been taken. Cross border e-commerce, as a rapidly developing new form of foreign trade in China, is an important way for many enterprises to obtain orders.
A Ningbo enterprise has exceeded $10 million in sales in its first year since selling on an e-commerce platform in North America. Currently, companies plan to enter more overseas e-commerce platforms.
This year, some Chinese enterprises have also received many urgent overseas orders, but due to technical barriers in terms of standards, the delivery of orders was not timely.
In Yangzhou, Jiangsu, the local inspection and testing department took the initiative to help enterprises solve the problem of inconsistency between national and international standards, and remove obstacles for enterprises to deliver orders.
Since the beginning of the third quarter, policy oriented financial institutions have continuously increased their credit support in the field of foreign trade. By establishing special foreign trade loans and other means, we will assist enterprises in accelerating their overseas expansion.
How to solve the financial difficulties faced by foreign trade enterprises? Not long ago, the Sichuan Provincial Department of Commerce, in collaboration with the Sichuan Branch of the Export Import Bank of China, introduced multiple measures, including establishing a special foreign trade credit line of 50 billion yuan, expanding import financing preferential policies, etc., to provide policy based financial support for stabilizing foreign trade.
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