On July 21st, a foreign trade promotion meeting was held in Foshan, aiming to deeply implement the central and provincial decisions and arrangements on “six priorities” and stability in six areas for steady economic momentum, analyzed the current situation of the city’s foreign trade import and export, publicized foreign trade support stabilization policies of various departments at all levels, listened to the opinions and suggestions of business associations and business representatives, and promoted the resolution of key and difficult problems that affected the development of foreign trade.

At the meeting, the Municipal Bureau of Commerce, Taxation Bureau, Foshan Customs, and Foshan City Center Branch of the Peoples Bank of China respectively explained the relevant supporting policies of various departments to support the stable development of foreign trade enterprises.

The person in charge of the Foshan Sales Department of China CITIC Insurance Guangdong Branch introduced policies and services on the risk prevention and response, contract breach legal risks, and credit risks with foreign elements of foreign trade companies.

Guangdong Xingfa Aluminum Profiles Co., Ltd., Foshan Gold Silver Jade Craft Co., Ltd. and Foshan Chamber of Commerce of Importers & Exporters also made speeches on the status quo of enterprises import and export and the difficulties they faced.

Qiao Yu, Vice Mayor of Foshan, said that the current international epidemic is still spreading, and the impact on the foreign trade industry is still large.

It is necessary to recognize the situation, analyze the problems and difficulties in depth, and take practical measures to promote the stable development of foreign trade.

It is necessary to coordinate the promotion of epidemic prevention and control and economic and social development, and strengthen the confidence and determination to stabilize foreign trade.

It is necessary to attach great importance to solving the practical difficulties of foreign trade enterprises, actively implement policies and measures to stabilize foreign trade at all levels, and provide enterprises with key support and stabilize foreign trade business entities as for the development of processing trade, developing market procurement, cross-border e-commerce and other new foreign trade formats, and imports expanding.

Governments and enterprises have coordinated their efforts and worked side by side to minimize the impact of the epidemic on Foshan’s foreign trade imports and exports and stabilize the basic foreign trade market.

(Anthony)