What is the status of China's foreign trade import and export recently?

      On April 30th, the Ministry of Commerce held a regular online press conference. The spokesperson said that the current epidemic's impact on China's foreign trade is mainly on the demand side, with insufficient external demand and markedly increased uncertainties, and unprecedented challenges. According to our survey of key places, key industries, and key enterprises, the current difficulties faced by foreign trade companies are mainly cancelled or postponed orders in hand, increased risk of refusal of payment and rejection, reduction of new orders, affected supply chain, and blocked international logistics , Increased funding pressure, etc.

      Facing the severe foreign trade situation, the State Council has successively issued a series of measures to stabilize foreign trade policies, including improving export tax rebate policies, increasing foreign trade credit placement, increasing export credit insurance support, adding cross-border e-commerce comprehensive test zones, supporting processing trade development Hold online Canton Fair, etc. We will fight the policy "combination punch" and do our utmost to stabilize the basic foreign trade foreign capital.

Best regards,

Mandy Huang