On September 5, the State Council Information Office held a regular briefing on the State Council's policies to introduce the follow-up policy measures to the package of economic stabilization policies. Assistant Minister of Commerce Li Fei said at the meeting that the Ministry of Commerce will actively support the export of key products such as new energy vehicles, and further promote consumption in key areas such as automobiles, home appliances, and home furnishing.

In terms of stabilizing foreign trade, the Ministry of Commerce will accelerate the development of new business forms and models such as cross-border e-commerce and market procurement trade methods, actively support the export of key products such as new energy vehicles, and smooth the channels for foreign trade enterprises to seize orders, so as to provide more opportunities for enterprises to participate in exhibitions and negotiation. It is more convenient to help enterprises improve their ability to cope with risks such as exchange rates.
Li Fei said that in recent years, my country's automobile industry, especially the new energy automobile industry, has developed vigorously, and its international competitiveness has been significantly improved. From January to July, the export of new energy vehicles increased by more than 90% year-on-year, becoming a highlight of foreign trade. The Ministry of Commerce will continue to work with relevant departments to support new energy vehicle companies to speed up the construction of overseas marketing and after-sales service networks, and increase brand promotion efforts. Encourage qualified overseas institutions of Chinese-funded banks to provide overseas consumer financial products. Research to expand export transportation channels and transport new energy vehicles through China-Europe trains.
In addition, in terms of promoting consumption, the Ministry of Commerce will further promote consumption in key areas such as automobiles, home appliances, and home furnishing, increase targeted relief and assistance, and support the recovery and development of catering, accommodation and other industries. Continuing to do a good job in consumption promotion activities, actively create new consumption scenarios, improve the urban and rural commerce and trade circulation system, and vigorously promote rural consumption.
Regarding the necessity of deploying a series of policy measures to stabilize the economy, Yang Yinkai, deputy secretary-general of the National Development and Reform Commission, said that my country's economy is currently in an important window for stabilization and recovery, and the introduction of policies in the third quarter is crucial. The second half of the year is a critical period to make up for the losses caused by the epidemic in the second quarter, and it is also a golden period for policies to play a role.
He believes that from the perspective of policy strength, the overall scale of the package policy and the continuation policy is reasonable and appropriate, which can effectively cooperate with the connection to form a combined effect and promote the accelerated recovery of the economy. long. From the perspective of the policy focus, the follow-up policy will coordinate efforts from both supply and demand ends, focus on expanding effective demand, promote investment and increase consumption and employment, strengthen energy supply guarantee, stabilize grain production, ensure smooth logistics, and continue to reduce the burden on market players. The activation force is conducive to further consolidating the foundation for economic recovery and effectively enhancing the development potential.










