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"Enhanced" measures to stabilize foreign trade and foreign investment in many places

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"Enhanced" measures to stabilize foreign trade and foreign investment in many places

Issue Time:2020-07-24
        In 2020, when the challenges of the world economic and trade environment are rising sharply, my country's trade imports and exports stabilized in the second quarter after experiencing a shock in the first quarter, and achieved positive growth in exports for three consecutive months since April. The data on the absorption of foreign capital across the country has achieved growth against the trend. Among them, the actual use of foreign capital in my country from April to June increased by 11.8%, 7.5%, and 7.1% year-on-year respectively, showing a significant improvement.
  Relevant departments take active actions and plan to introduce support measures. On July 2, Gao Feng, the spokesperson of the Ministry of Commerce, said that in terms of stabilizing foreign trade, relevant policies will be introduced one after another, mainly to improve export tax rebates, improve financing support, strengthen personnel exchanges, and speed up cross-border e-commerce. Make efforts in development and other aspects. In terms of stabilizing foreign investment, we will continue to speed up the implementation of the new version of the negative list for foreign investment access, strengthen services for key foreign investment projects, and amend and promulgate "Measures for Complaints by Foreign-invested Enterprises" and other regulations.
On July 17, Yuan Da, director of the Policy Research Office and spokesperson of the National Development and Reform Commission, said that in the next step, we will continue to actively expand opening up and continuously optimize the business environment. He revealed that the 2020 version of the Catalog of Industries to Encourage Foreign Investment is being released, and on the basis of maintaining the stability of existing entries, the scope of encouraging foreign investment will be further expanded.

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