The Ministry of Commerce pushes eight measures to “promote the mouth” instead of “pressing the exit”

Abstract On September 6, an official of the foreign trade department revealed that in the face of the high trade surplus in the past few months, the foreign trade system is discussing the plan of “reducing the surplus”; instead of the previous idea of ​​“pressing the export”, .

On September 6, an official of the foreign trade department revealed that in the face of the high trade surplus in the past few months, the foreign trade system is discussing the plan to “reduce the surplus”; instead of the idea of ​​“pressing the export” in the past, “promoting the mouth” "will be the direction of this round of policy adjustment.

In fact, before the financial crisis, the decision-making level mainly achieved the goal of “reducing the surplus” through “pressing the export”. However, the negative growth of exports for one year since November 2008 triggered a comprehensive reflection on the “exhaustion” strategy of the foreign trade system. . At the moment, once again facing the high pressure of surplus, the “promotional mouth” has become the preferred measure to stabilize the trade surplus in the case of export recovery.

Multi-directional cut into the "promotional mouth"

On September 6, at the "2010 China Import Forum" hosted by the Ministry of Commerce, Chong Quan, deputy representative of the International Trade Negotiation of the Ministry of Commerce, said that the Chinese government actively encourages the expansion of imports not a temporary expediency, based on the actual development of China's own economy. The decisions that need to be made are conducive to China's acceleration of the transformation of economic development mode and adjustment of the economic structure.

The aforementioned unnamed foreign trade official revealed that in the discussion on how to promote the mouth, the internal general formation of two directions, one is to promote the reduction of import tariffs on luxury goods, encourage domestic consumption; the second direction is to increase support for technological transformation of enterprises Intensity, encourage enterprises to import high-end equipment and technology, and give a certain amount of loan interest subsidies.

The direction of “promoting the mouth” will be very crucial,” said the official. If the policy direction is more to promote the technological transformation of enterprises, one can promote trade balance and the other can promote the completion of enterprises. The update of technology achieves the goal of improving efficiency and adjusting the industrial structure.

He said that since the "11th Five-Year Plan", the state financial support for corporate technological transformation is far less than earlier, and this situation is in fact not consistent with the policy key of "adjusting structure."

The news that the import tariff on luxury goods may be adjusted has been rumored for many months. There are even reports that the relevant tax reduction plan has been reported to the State Council. The government hopes that consumers will purchase luxury goods at home rather than abroad.

The series of measures for import facilitation cannot be ignored. Zhou Shizhen, a researcher at the China-US Economic and Trade Research Center of the University of International Business and Economics and vice president of the former Minmetals Chamber of Commerce, said on September 6 that the policy should be adjusted from the idea of ​​“reward and limit” in the past few decades.

At the end of August, the State Administration of Foreign Exchange decided to start exporting overseas export pilots in four provinces and cities including Beijing, Guangdong, Shandong and Jiangsu since October 1. Zhou Shizhen said that this is actually a policy of import facilitation, avoiding cumbersome procedures and facilitating enterprises to purchase equipment directly using foreign exchange.

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