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The situation of foreign trade is complicated and severe, the State Council issued a document to promote the growth of foreign trade.
**Abstract**
Several opinions from the General Office of the State Council on supporting the stable growth of foreign trade, issued as Document No. 19, were directed to all provincial governments, autonomous regions, and municipalities directly under the Central Government, as well as to ministries and commissions of the State Council and their respective agencies. The current foreign trade environment is complex and challenging, making it essential to work diligently to meet the annual targets. In order to support steady foreign trade growth, with the approval of the State Council, the following measures are proposed.
**First, focus on optimizing the structure of foreign trade**
(1) Strengthening imports by deepening the reform of the foreign trade management system, reducing the number of automatically imported goods, and accelerating the development of national import trade. Encouraging the establishment of innovation demonstration zones and promoting the role of import trade agglomerations. Supporting the import of advanced technologies, key components, and scarce resources while expanding crude oil import channels for qualified enterprises.
(2) Maintaining steady growth in goods trade by strengthening general trade, increasing its share, stabilizing traditional exports, and promoting high-tech and high-value products. Upgrading processing trade by revising restricted commodity lists and encouraging innovative models. Expanding border trade and other forms of trade.
(3) Supporting service trade by utilizing special funds, gradually expanding service imports, and introducing tax-free or zero-tax policies for service exports. Encouraging financial institutions to support service trade projects and improving customs clearance systems.
(4) Enhancing the "going out" strategy by building infrastructure, developing overseas economic zones, and supporting international cooperation and project contracting. Encouraging overseas investments and acquisitions to boost global competitiveness.
**Second, further improve the foreign trade environment**
(5) Enhancing trade facilitation by streamlining customs procedures, promoting paperless operations, and implementing a "single window" system. Reducing administrative burdens and standardizing fees for import and export.
(6) Regulating the import and export market by strengthening industry self-regulation, creating a legal business environment, and establishing credit records for foreign trade enterprises.
(7) Strengthening responses to trade disputes by supporting enterprises in anti-dumping cases, improving legal expertise, and ensuring compliance with trade laws.
**Third, strengthen policy protection**
(8) Improving the RMB exchange rate mechanism to enhance flexibility and stability. Encouraging banks to develop safe-haven financial products to help businesses manage currency risks.
(9) Promoting RMB settlement in cross-border trade to expand its use in international transactions and support the development of the RMB trading market.
(10) Enhancing financing services by expanding credit options, innovating financial products, and supporting small and medium-sized enterprises through supply chain financing.
(11) Increasing support for export credit insurance, expanding coverage, and reducing costs for large-scale equipment exports.
(12) Improving the export tax rebate policy by accelerating refunds, expanding pilot programs, and cracking down on fraudulent claims.
**Fourth, enhance the competitiveness of foreign trade enterprises**
(13) Supporting various types of foreign trade companies by developing production bases, promoting integrated services, and guiding enterprises toward mergers and acquisitions.
(14) Innovating trade platforms by expanding e-commerce, international exhibitions, and market procurement initiatives, while encouraging overseas marketing networks and warehouses.
**Fifth, strengthen organizational leadership**
(15) Raising awareness about the importance of foreign trade for economic stability and global integration. Ensuring effective implementation of policies and boosting enterprise confidence.
(16) Implementing policies effectively by local governments and departments, focusing on reforms, simplifying procedures, and improving service quality for small and micro enterprises. Coordinating efforts to ensure policy effectiveness and timely execution.
**Office of the State Council**
May 4, 2014