State to increase policy support to foreign trade industry

Absrtact: Following the deployment of the State Council to support the steady growth of foreign trade, a series of specific measures to stabilize the growth of foreign trade will be introduced. In addition to continuing to improve trade facilitation measures and improve financing services, the latest news from the authorities, according to some of the media (Shanghai News),

Following the deployment of the State Council to support the steady growth of foreign trade, a series of specific measures to stabilize the growth of foreign trade will be introduced. In addition to continuing to improve trade facilitation measures and improve financing services, according to some of the media (Shanghai News) from the authority of the latest news, the relevant departments are also studying the Cross-border E-commerce and service outsourcing export tax rebates, to these new forms of trade support. At the same time, the Ministry of Commerce in conjunction with the relevant departments to study the development of "speed up the cultivation of new advantages of foreign trade competition," to promote China's foreign trade from large to strong across.

In the first quarter of this year, China's import and export data significantly lower than market expectations, and both have negative growth. In this case, some domestic foreign trade business E-commerce platform has a good sales performance.

Recently, we have conducted a series of interviews with the head of Beijing Tidebuy Technology Co., Ltd., sharing some viewpoints and experiences. The company was founded in 2010, the Beijing High-tech Enterprises, is facing the global market of international business E-commerce platform. The company is headquartered in Beijing, in Hong Kong, Guangzhou, Suzhou, Xian and overseas with branches and offices, multilingual version of the operation, the product covers clothing, shoes, fashion bags, household items, such as more than 10 large categories, more than 100,000 of commodities, in the past quarter, to maintain 20% of the total revenue growth, gross profit margin of more than 20%.

The head of the company said China's foreign trade industry is still in the beginning stage, the opportunity is right, the national supporting policies are landing, this will give the current scale of foreign trade enterprises to bring the policy dividend, these on the scale of enterprises in the foreign trade industry has a strong first-hair advantage; With the influx of more investors and participants, competition will intensify, this phase of new entrants risk greater, but for large-scale enterprises to grow space, foreign emerging markets will further the development of large-scale enterprises open space, the overall view of the opportunities may be more segments.

With the changing international situation and China's increasing foreign trade disputes, it will also affect the development of foreign trade, such as the recent Chinese imports of infant milk powder to strengthen the review, while Europe is also increasing the inventory of Chinese parcels, these factors to a certain extent, affect the development of cross-border trade. However, with the Cross-border RMB service trade breakthrough, reduce the payment procedures for foreign trade enterprises, the industry to give full play to local currency advantages, expand overseas markets, greatly promote the business development.