On the basis of the State Council's deployment of a package of measures to stabilize the economy in May to promote economic stabilization, the State Council deployed 19 consecutive policy measures in the package of economic stabilization policies in late August to strengthen the foundation for economic recovery and development.

As an important part of the domestic cycle and a key hub of the domestic and international dual cycle, what key pieces will business work drop in the chess game of stabilizing the economic market? Take multiple measures to stabilize foreign trade, increase efforts to stabilize foreign investment, and actively and effectively promote consumption... At the State Council's regular policy briefing held on September 5, Assistant Minister of Commerce Li Fei gave the above answer.

Li Fei said that in the next step, the Ministry of Commerce will promote a package of policies to stabilize the economy and follow-up policies and measures to be effective in the commercial field, keep business operations within a reasonable range, make new contributions to stabilizing the macroeconomic market, and take practical actions to meet the 20th National Congress of the Communist Party of China. Victory held.

Take multiple measures to stabilize foreign trade

"Since this year, the risks and challenges faced by foreign trade have increased significantly, and the pressure to stabilize foreign trade has increased. In this regard, the Party Central Committee and the State Council have attached great importance to this, and have successively deployed and issued several rounds of policies to stabilize foreign trade. The Ministry of Commerce will also work with various localities and relevant departments. We have paid close attention to the implementation of policies, and introduced a number of supporting measures to stabilize foreign trade. With the joint efforts of all parties, China's foreign trade has shown strong resilience." Li Fei listed relevant data. From January to July this year, China's total import and export volume reached 23.6 trillion yuan, a year-on-year increase of 10.4%.

Li Fei also emphasized that the current foreign trade is still facing unfavorable factors such as the slowdown of external demand expansion and the difficulty of enterprises receiving orders. To this end, a new policy to further stabilize the development of foreign trade is proposed in the policy measures to stabilize the economy. Li Fei summarized it into four aspects and introduced them in detail:

First, promote the development of new formats and models of foreign trade. At present, new foreign trade formats and models such as cross-border e-commerce and market procurement trade methods are still in the window period of innovation and development. The Ministry of Commerce will work with relevant departments to issue policies to support the development of cross-border e-commerce overseas warehouses as soon as possible, and support logistics companies, cross-border e-commerce platforms and large cross-border e-commerce sellers and other specialized entities to build overseas warehouses. At the same time, a new batch of cross-border e-commerce comprehensive pilot zones and market procurement trade methods will be added as soon as possible.

Second, support the export of key products such as new energy vehicles. In recent years, China's automobile industry, especially the new energy automobile industry, has developed vigorously, and its international competitiveness has been significantly improved. From January to July, the export of new energy vehicles increased by more than 90% year-on-year, becoming a highlight of foreign trade. The Ministry of Commerce will continue to work with relevant departments to support new energy vehicle companies to speed up the construction of overseas marketing and after-sales service networks, and increase brand promotion efforts. Encourage qualified overseas institutions of Chinese-funded banks to provide overseas consumer financial products. Research to expand export transportation channels and transport new energy vehicles through China-Europe trains.

Third, unblock the channels for foreign trade enterprises to grab orders. The Ministry of Commerce will work with relevant departments to provide more convenience and support for foreign trade enterprise personnel to carry out business activities abroad. Further play the role of overseas self-organized exhibitions, encourage trade promotion agencies and exhibition enterprises to hold overseas self-organized exhibitions in the form of “online counterpart talks in China and offline commodity exhibitions overseas” to promote the scale of exhibitions. Encourage all localities to introduce practical measures based on actual conditions, and actively support small, medium and micro foreign trade enterprises to participate in the exhibition.

Fourth, strengthen the foreign trade enterprises' exchange rate risk management capabilities. The current external environment has become more complex and severe, and the risk factors affecting the RMB exchange rate have increased. The Ministry of Commerce will work with the People's Bank of China, the State Administration of Foreign Exchange and other departments to continue to guide foreign trade enterprises to establish a neutral awareness of exchange rate risks, encourage banking institutions to innovate and optimize products, and provide exchange rate hedging and cross-border RMB settlement services for more small, medium and micro foreign trade enterprises. .

"In the next step, the Ministry of Commerce will work with relevant departments to refine the implementation measures, and guide all localities to introduce targeted support measures based on the actual situation of the region and do a good job of implementation, so as to ensure that foreign trade enterprises can enjoy the policy dividends as soon as possible." Li Fei said.

Step up efforts to stabilize foreign investment

Steady growth but the situation is still complex and severe - Li Fei, after summarizing the current situation of China's foreign investment, said that the package of policies to stabilize the economy followed the policy measures and proposed a series of measures to increase the stabilization of foreign investment, which will help stabilize foreign investment in the next stage. , The realization of the goal of stabilizing foreign investment throughout the year will play an important role, and the Ministry of Commerce will implement it from three aspects.

Specifically, the first is to step up the introduction of relevant supporting measures. The Ministry of Commerce will work with relevant departments to jointly study and issue supporting documents to promote the attraction of foreign investment in the manufacturing industry. It will focus on the manufacturing industry, insist on increasing the quantity, stabilize the stock, and improve the quality, further optimize the foreign investment environment, and optimize foreign investment promotion and services. Actively guide the direction of foreign investment and promote the better development of foreign investment. Actively introduce policies and measures to promote the establishment of R&D centers by foreign investors, increase policy support in terms of introducing talents, facilitating R&D, supporting innovation, and strengthening intellectual property protection, and guiding foreign investors to promote scientific and technological innovation.

The second is to promote the implementation of a number of landmark foreign-funded projects. The Ministry of Commerce will play the role of the special class for key foreign investment projects of the foreign trade and foreign investment coordination mechanism, and work with all regions and departments to comprehensively identify key foreign investment projects, select the large-scale foreign investment projects in the advanced manufacturing field invested by the world's top 500 multinational companies, and strengthen " "Full life cycle" services and all-round guarantees, timely coordinate and solve various problems and difficulties, and promote the early implementation, construction and operation of projects.

The third is to give full play to the leading role of open platforms in attracting investment. Implement the new version of the assessment and evaluation methods for the comprehensive development level of the national economic and technological development zones, highlight the orientation of open development and high-quality development, and on the basis of strengthening the reverse coercion mechanism, the Ministry of Commerce will cooperate with the relevant national economic and technological development zones in the assessment and evaluation. The department has studied and introduced a series of incentive measures to encourage it to better develop an open economy, especially to play a greater role in attracting investment in the manufacturing industry.

"After the above-mentioned supporting measures are introduced, we will do a good job of publicity and interpretation with relevant departments, and do a good job in the implementation of policies to ensure that the implementation is in place and effective, so as to enhance the sense of gain of foreign-funded enterprises." Li Fei said.

Actively and effectively promote consumption

As an endogenous driving force for economic growth, the status and role of consumption cannot be underestimated. However, since the beginning of this year, the domestic epidemic has brought a lot of impact to the consumer market that emphasizes interaction and is full of fireworks. Doing a good job in stabilizing consumption, the Ministry of Commerce and other departments rose to the challenge and made commendable progress.

"In the early stage, we, together with relevant departments, introduced policies and measures to expand automobile consumption and promote the consumption of green and smart home appliances. The effects of relevant policies continued to show, and the consumer market generally showed a recovery and development trend. In July, the total retail sales of consumer goods increased by 2.7% year-on-year. Among them, automobiles, home appliances, etc. Consumption increased by 9.7% and 7.1% respectively." Li Fei introduced.

The Ministry of Commerce has also made plans for the next step in promoting consumption. "According to the deployment of the Party Central Committee and the State Council, we will coordinate epidemic prevention and control and consumption promotion, implement various measures that have been introduced, continue to promote the revitalization of automobile circulation, expand automobile consumption, accelerate the recovery of industries such as catering and accommodation, and implement the promotion of green smart home appliances. Consumption measures. At the same time, we will accelerate the introduction of new work measures, further optimize the consumption environment, and continue to hold events such as the international consumption season, the home appliance consumption season, and the Carnival of Time-honored Brands, so as to boost consumer confidence and promote the recovery and development of consumption.” Li Fei concluded.