MOFCOM BJT
Could you brief us on the measures that the Ministry of Commerce will take to promote the integration of domestic and foreign trade and help foreign trade enterprises expand their sales in China?
Thank you for your interest in the integration of domestic and foreign trade. Promoting the integration of domestic and foreign trade is crucial for building a new development pattern. The aim is to help enterprises make better use of the domestic and global markets and resources, and switch smoothly between the two markets so that they can reinforce each other and grow in coordination.
In the face of the complex, grave and increasingly uncertain external environment, China's enormous domestic market provides strong support for foreign trade enterprises. While we encourage enterprises to unlock diverse markets abroad, we will take four measures to help them tap into the domestic market and effectively cope with external challenges.
First, we will organize activities to promote the domestic sales of premium foreign trade products. The first priority this year is to launch the Premium Foreign Trade Goods China Tour, a platform specially built for foreign trade enterprises to expand domestic sales. To achieve this goal, we will take a "1+10+N" approach, namely, hold a launching ceremony, rely on the role of 10 major economic provinces, and carry out various forms of exhibition, marketing, matchmaking and negotiation activities. For example, we will encourage key pedestrian streets and business districts to hold promotional activities, and set up exhibition areas for premium foreign trade products at important exhibitions. We will also encourage major e-commerce platforms to open special areas for matchmaking of distribution channels, brands, and suppliers and buyers.
Second, we will work on the harmonization of internal and external standards and certifications. We will work with relevant departments to study the alignment between foreign trade standards and certification, organize comparisons between domestic and international standards to improve the consistency of domestic and foreign standards, remove the bottlenecks of domestic sales of exported products, and reduce the cost of businesses to switch between markets.
Third, we will intensify policy support for integrating domestic and foreign trade. While we ensure compliance with WTO rules, we will make good use of existing capitals to support enterprises in exploring markets. We will implement credit insurance policy for domestic trade and support enterprises in diversifying risks by applying for insurance. We will also encourage financial institutions to increase support in financing and interest rates.
Fourth, we will build comprehensive service platforms. Considering that foreign trade enterprises are not familiar with the domestic market, we will build and strengthen public service platforms and comprehensive service enterprises for domestic and foreign trade integration to provide high-quality and efficient one-stop services, from policy consultation, standard certification, to market development and finance and insurance. Thank you.
In the face of the complex, grave and increasingly uncertain external environment, China's enormous domestic market provides strong support for foreign trade enterprises. While we encourage enterprises to unlock diverse markets abroad, we will take four measures to help them tap into the domestic market and effectively cope with external challenges.
First, we will organize activities to promote the domestic sales of premium foreign trade products. The first priority this year is to launch the Premium Foreign Trade Goods China Tour, a platform specially built for foreign trade enterprises to expand domestic sales. To achieve this goal, we will take a "1+10+N" approach, namely, hold a launching ceremony, rely on the role of 10 major economic provinces, and carry out various forms of exhibition, marketing, matchmaking and negotiation activities. For example, we will encourage key pedestrian streets and business districts to hold promotional activities, and set up exhibition areas for premium foreign trade products at important exhibitions. We will also encourage major e-commerce platforms to open special areas for matchmaking of distribution channels, brands, and suppliers and buyers.
Second, we will work on the harmonization of internal and external standards and certifications. We will work with relevant departments to study the alignment between foreign trade standards and certification, organize comparisons between domestic and international standards to improve the consistency of domestic and foreign standards, remove the bottlenecks of domestic sales of exported products, and reduce the cost of businesses to switch between markets.
Third, we will intensify policy support for integrating domestic and foreign trade. While we ensure compliance with WTO rules, we will make good use of existing capitals to support enterprises in exploring markets. We will implement credit insurance policy for domestic trade and support enterprises in diversifying risks by applying for insurance. We will also encourage financial institutions to increase support in financing and interest rates.
Fourth, we will build comprehensive service platforms. Considering that foreign trade enterprises are not familiar with the domestic market, we will build and strengthen public service platforms and comprehensive service enterprises for domestic and foreign trade integration to provide high-quality and efficient one-stop services, from policy consultation, standard certification, to market development and finance and insurance. Thank you.