2020年6月29日星期一

Protecting 200 million Chinese jobs

 The State Council holds a forum to study and stabilize the basic market for foreign investment in foreign trade. Experts:200 million people involved in employment should not be lost easily

On June 28, Chinese Premier Li Keqiang hosted a symposium on stabilizing foreign trade, stressing efforts to keep foreign investment steady by continuing to expand its opening to the outside world, the government said.
 It was pointed out that while foreign trade has stabilized in recent months, the current epidemic situation is still global, the world economy is seriously declining, our economy has been deeply integrated into the world economy, and the next foreign trade environment is still severe and complex, which must be fully estimated and prepared.
 At the meeting, it was proposed to study new measures to stabilize foreign trade and stabilize foreign capital and to speed up the progress of tax rebates, strengthen financing support such as credit, letter insurance, and guarantee, unblock international freight channels, cultivate new growth points of foreign trade, and at the same time, introduce more measures to expand openness, and further create a market-oriented, legalized and internationalized business environment.
 Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, told Red Star News that it was particularly important to stabilize the basic foreign investment market because the foreign trade industry involved 200 million people in employment. "Because there is employment, we can inject'fuel' into the internal circulation of the economy; at the same time, the foreign trade industry participates in the international circulation, so it is very important to stabilize the basic market of foreign investment in foreign trade and to stabilize the economic operation and the overall situation of employment.

Don't lose position easily in international industry chain and supply chain

Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, told Red Star News that the current foreign trade situation is still grim, so we should fully consider all kinds of difficulties and be prepared to deal with them.
 Red Star News noted that the executive meeting of the State Council held on June 9 confirmed that in order to help foreign trade enterprises involving nearly 200 million people in employment to rescue and develop, while encouraging enterprises to expand the international market, support marketable export products to open up the domestic market.
 Bai Ming explained that it is now proposed to gradually form a new development pattern with the domestic large circulation as the main body and the domestic and international double circulation promoting each other. Because the foreign trade industry involves the employment of 200 million people, it is particularly important to stabilize the basic plate of foreign investment in foreign trade.
 "Because there is employment, we can inject'fuel' into the internal circulation of the economy; at the same time, the foreign trade industry participates in the international circulation, so it is very important to stabilize the basic market of foreign investment in foreign trade and to stabilize the economic operation and the overall situation of employment.
 Bai Ming believes that the current stability of foreign trade foreign capital base plate, the most important is external insurance channels, internal insurance capacity. Export channels must be maintained, because hard-won. Especially in the international industrial chain, the supply chain in the occupation does not lose position easily.
 "In the international market and the international division of labor, even if the temporary business volume is not large, or enterprises to give appropriate profits, but also to find a way to occupy this position, and so on the future improvement of the international market, but also the first. said Bai Ming. the current foreign trade situation is still grim, so we should fully consider all kinds of difficulties and be prepared to deal with them.
 Red Star News noted that the executive meeting of the State Council held on June 9 confirmed that in order to help foreign trade enterprises involving nearly 200 million people in employment to rescue and develop, while encouraging enterprises to expand the international market, support marketable export products to open up the domestic market.
 Bai Ming explained that it is now proposed to gradually form a new development pattern with the domestic large circulation as the main body and the domestic and international double circulation promoting each other. Because the foreign trade industry involves the employment of 200 million people, it is particularly important to stabilize the basic plate of foreign investment in foreign trade.
 "Because there is employment, we can inject'fuel' into the internal circulation of the economy; at the same time, the foreign trade industry participates in the international circulation, so it is very important to stabilize the basic market of foreign investment in foreign trade and to stabilize the economic operation and the overall situation of employment.
 Bai Ming believes that the current stability of foreign trade foreign capital base plate, the most important is external insurance channels, internal insurance capacity. Export channels must be maintained, because hard-won. Especially in the international industrial chain, the supply chain in the occupation does not lose position easily.
 "In the international market and the international division of labor, even if the temporary business volume is not large, or enterprises to give appropriate profits, but also to find a way to occupy this position, and so on the future improvement of the international market, but also the first. said Bai Ming.

Today's excerpt of this news to share with you is to tell you that the economy is really very difficult, as a foreign trade export mold and plastic molding manufacturers, we understand that this situation is very real. This year the Canton Fair did not announce the number of transactions can be seen, we are around a lot of the original foreign trade enterprises have changed or closed, you can see that business is particularly difficult to do now. Winter has come, are you ready for foreign trade colleagues?

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