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Eight Secret Recipes in Yuecheng to Promote Stable and High Quality Foreign Trade

2024-05-15

      "At present, the factory is working day and night, and new customers are also closely coordinating. Orders are very hot." In the past week, "busy" was a true portrayal of Guo Liwen, the person in charge of Shaoxing Ocean Trading Co., Ltd. During this year's Canton Fair, the company accurately positioned buyers through the customer acquisition system provided by the district commerce bureau, invited a large number of high-quality customers to the site, and reached cooperation intentions with many new customers through innovative research and development of classic fashionable clothing such as fluorescent strip workwear.

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      Summer is approaching, and traditional foreign trade is about to enter a critical period of development. For foreign trade enterprises, whether they can accelerate innovation and seize the market during this period is crucial for obtaining order volume in the second half of the year.

   In order to help enterprises cope with the risk of sluggish external demand and increase the vitality of regional opening up, from April to September, Yuecheng District launched the "Sweet Potato Economy" to enhance and upgrade the "No.1 Open Project" service season. With the focus on supporting the construction of Zhejiang (Shaoxing) RCEP high-level open cooperation demonstration zone, and taking the opportunity to build the Hangzhou Shaoxing Digital Foreign Trade Innovation Center, eight major actions were launched, including "Top 100 Enterprises Linking", "Key Platform Upgrading", "Hundred Groups and Thousand Enterprises Expanding the Market", "Hundred Enterprises Leading the Way", "Billion Cross border Shipping", "Million Flow Carrying Goods", "Billion Financial Credit", and "Thousand Enterprise Risk Consultation".

      "Each action has clearly defined specific measures to strive for the maximum benefits for enterprises." The relevant person in charge of the District Commerce Bureau introduced that this year, cross-border e-commerce in Yuecheng District will focus on releasing new momentum. By focusing on building a physical park in the Shaoxing Cross border Comprehensive Pilot Zone within the Hangzhou Shaoxing Digital Foreign Trade Innovation Center of the TOD Complex at the Shaoxing High Speed Rail North Station, strengthening the linkage of multiple modes such as "cross-border e-commerce + general trade/overseas warehouses", improving and optimizing the cross-border e-commerce industry chain, and striving to break through the billion yuan cross-border e-commerce export.

      In addition, through the action of "One Hundred Groups and One Thousand Enterprises Expanding the City", we will develop a catalogue of exhibitions in the cross city characteristic business field, involving 127 exhibitions in 83 countries and regions, focusing on stabilizing the traditional market share in Europe and the United States, exploring emerging markets such as RCEP member countries, countries along the "the Belt and Road" and Africa, promoting the construction of a diversified international market layout, and organizing at least 30 key group exhibitions and 1000 enterprises to participate in domestic and foreign exhibitions throughout the year.

      Not long ago, China Export & Credit Insurance Corporation, banks, and enterprises officially signed a "Credit Insurance Financing" agreement, with China Export & Credit Insurance Corporation providing compensation activities for enterprises. "The signing of the financing agreement not only doubled our financing scale, but also provided a 'double insurance' for enterprises going abroad." Yu Hongying, the CFO of Shaoxing Jiuya Trading Co., Ltd., admitted that with the guarantee of China Export & Credit Insurance Corporation, even in the face of overseas customers being unable to receive payment, they can obtain corresponding financing claims.

      The reporter learned that since the beginning of this year, with the global economic recovery and the consolidation of international demand, policies promoting high-quality development of foreign trade at the national, provincial, municipal, and district levels have been continuously strengthened, and many foreign trade enterprises are showing a steady growth trend in orders. In the first quarter, the total export value of Yuecheng District reached 11.937 billion yuan, increasing 20.7% of last year.

      "We hope to provide more precise and value-added services for enterprises to expand in overseas markets, prevent risks, and comply with regulations through the eight major actions of the service season, effectively solving practical problems encountered by enterprises in production and operation. The relevant person in charge of the district's commerce bureau stated that in the future, Yuecheng District will take this service season as an opportunity to launch the" Vietnam Trade Connect Global "characteristic industry belt platform, help enterprises open up the full chain marketing path of foreign trade, promote the digital" going global "of our district's characteristic industries, explore global market business opportunities, and win orders.".