The State Council pushes six policies to stabilize the external demand
Rainfall Shower Head, Hand Held Shower Head, Stainless Steel Shower Head, Bathroom Shower Head ZHEJIANG KINGSIR VALVE CO., LTD. , https://www.kingsir-valves.com
Premier Wen Jiabao of the State Council yesterday presided over the State Council executive meeting to study and deploy policies and measures to further stabilize external demand.
The meeting pointed out that the current and future period, the shrinking of external demand and the decline in exports are still the biggest difficulties facing China's economic growth. We must adhere to the combination of expanding domestic demand and stabilizing external demand. Through solid and meticulous work, we must do everything possible to stabilize external demand and strive to minimize the impact of the international financial crisis on China's foreign trade.
In order to further stabilize external demand, the meeting decided to improve the export credit insurance policy, improve the export tax policy, vigorously solve the problem of financing difficulties for foreign trade enterprises, further reduce the burden of foreign trade enterprises, improve the processing trade policy, and support all types of enterprises to "go global". In order to drive exports and other six policy measures. Among them, the export credit insurance coverage rate was increased. In 2009, the short-term export credit insurance coverage was planned to be US$84 billion. In 2009, the preferential export buyer's credit scale was US$10 billion.
According to customs statistics, from January to April this year, China’s foreign trade import and export value totaled 599.41 billion US dollars, down 24.3%. A variety of data shows that the current negative growth of China's foreign trade is difficult to reverse in a short period of time. The total export turnover of the 105th Canton Fair, which ended in early May, fell by 16.9%. The Canton Fair, which was hailed as the "China's foreign trade wind vane," is still a cold wind. According to the results of the online survey conducted by China First Textile Network, 64.22% of the respondents felt that the textile and apparel industry did not recover at all, and remained in a downturn. In addition, 73.63% of respondents believe that the international market demand is “weakâ€. End in a short time.
Zhou Shizhen, executive director of the China Institute of International Trade, said in an interview with CBN reporter yesterday that these measures will play a role in stimulating and encouraging the current situation of China's foreign trade is still very serious. The reason why the country attaches great importance to foreign trade, because this relationship can maintain China's GDP growth of 8% this year.
Zhou Shizhen said that consumption, investment and exports are the Chinese economic troika, but due to the impact of the international financial crisis, exports have experienced double-digit negative growth this year, resulting in China’s foreign trade contribution to GDP of -0.2% in the first quarter of this year. Under the circumstance, it is very necessary to introduce some measures to protect exports, protect the market, protect enterprises and protect employment.
"It is clearly stated that maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level shows that the state attaches great importance to the role of stable exchange rate in stabilizing foreign trade. In addition, in the improvement of export tax policy, it is mentioned that it continues to support advantageous products, labor-intensive products, The export of high-tech products means that the export tax rebate rate for some commodities will be further raised." Zhou Shizhen said.