Home > Press Conference Homepage>Foreign Trade

Some analysis said that for most of this year, the global supply of some raw materials will be persistently constrained. What will MOFCOM do to help foreign trade companies effectively respond to the rising prices and supply crunch of raw materials this year?(2022-02-17)

A range of factors including the pandemic have resulted in disruptions of global industrial and supply chains and taken a heavy toll on businesses and consumers across the globe. MOFCOM will work with local governments and relevant departments to introduce multiple measures to keep the industrial and supply chains of foreign trade stable and smooth. We will work vigorously to guide companies to make most of all policy measures, further diversify importation, step up international cooperation, build mutually beneficial trade channels for raw materials, and help foreign trade companies strengthen coordination between upstream and downstream industries along the industrial and supply chains, lower comprehensive costs and enhance their competitiveness. In addition, we will follow the instructions of the CPC Central Committee and the State Council and cooperate with relevant departments to support local governments in improving business environment, fully implementing measures such as tax reduction and fee cuts, cracking down on arbitrary charges against enterprises, with a view to facilitating the sound development of foreign trade companies. Thank you.