End of the sprint! Summary of the latest foreign trade related policies!

thumbnail

Good luck starting October! After a long holiday of adjustment and rest, are you ready to continue sailing as a seafarer?

In recent days, all relevant departments have introduced a series of measures to promote cross-border trade and promote foreign trade facilitation. Let's summarize it and let's take a look at the new regulations and policies that help the development of overseas enterprises!

Ministry of Commerce: Printing and Distributing Several Policies and Measures to Support the Stable Development of Foreign Trade --

On September 27, the Ministry of Commerce officially issued the "Several Policies and Measures to Support the Stable Development of Foreign Trade". The measures mainly include six points:

  1. Guarantee production and contract performance, and support competitive products to develop international markets.

  2. Actively support enterprises to participate in various exhibitions to grab orders.

  3. To organize the online exhibition of the 132nd China Import and Export Fair (Canton Fair).

Fourth, give play to the role of foreign trade innovation platform.

Fifth, further play the role of cross-border e-commerce in stabilizing foreign trade.

  1. Further promote unimpeded trade.

Among them, the fifth point "further play the role of cross-border e-commerce in stabilizing foreign trade." It emphasized the role of cross-border e-commerce in promoting new forms of foreign trade, and stated in the document that policies to further support the development of cross-border e-commerce overseas warehouses will be introduced. measures, and speed up the introduction of tax policies to facilitate cross-border e-commerce export exchanges.

General Administration of Customs: Adjusting the catalogue of import and export commodities that must be inspected --

On August 30, the General Administration of Customs issued the "Announcement on Adjusting the Catalogue of Import and Export Commodities that Must Be Inspected" (Announcement No. 79 [2022] of the General Administration of Customs), which deals with non-hazardous metal materials and their products, electronic industry processing equipment, 87 commodities with 10-digit customs commodity numbers, such as dryer equipment and appliances, are no longer subject to import commodity inspection, which will be implemented from October 1, 2022.

Although the adjustment is mainly aimed at imported goods, the cancellation of import inspections on goods such as processing equipment in the electronics industry will also help relevant overseas enterprises reduce costs and improve efficiency.

The State Administration of Taxation and the Ministry of Finance: Jointly issued the "Announcement of the State Administration of Taxation and the Ministry of Finance on Matters Concerning the Continuation of Delay in Payment of Certain Taxes and Fees by Small, Medium and Micro Enterprises in the Manufacturing Industry"

On September 14, the State Administration of Taxation and the Ministry of Finance jointly issued the "Announcement of the State Administration of Taxation and the Ministry of Finance on Matters Concerning the Continued Deferral of Some Taxes and Fees for Manufacturing Small, Medium and Micro Enterprises", which clarified that from September 1, 2022, according to Prior to the relevant announcements, medium-sized manufacturing enterprises that have been deferred payment of 50% of taxes and fees and small and micro manufacturing enterprises that have deferred payment of 100% of taxes and fees will continue to extend the period of deferred payment of taxes and fees for 4 months after the expiration of the relevant announcement.

At the same time, if the small, medium and micro enterprises in the manufacturing industry that meet the requirements have already enjoyed the policy of deferred payment of taxes and fees as required, after the expiration of the deferred payment period, the taxpayer does not need to operate, and the deferred payment period is automatically extended for 4 months.

Epilogue

Since 2022, China has successively introduced many policies related to maintaining the stability of foreign trade and promoting growth. China's foreign trade industry is also developing rapidly with many assistance and efforts.

In the first eight months of this year, China's foreign trade import and export volume reached 27.3 trillion yuan, a year-on-year increase of over 10%. At the same time, there has also been a dynamic change in the growth rate of foreign trade imports and exports in August compared with July.

Therefore, for all companies going overseas, it will be the top priority in the remaining months of 2022 to continuously adjust their strategies following the adjustment of policies, and continue to develop overseas markets and tap new demands with the help of policies.

As a companion and supporter of Chinese brands going overseas, we will continue to pay attention to domestic and foreign policy and environmental trends, and escort all Chinese brands on the road to overseas. Welcome to continue to follow us, use data to empower overseas, and use technology to help marketing.

Related Posts