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Commerce Department: Foreign Trade Policy of the focus from products to enterprise

Department of Commerce, deputy director of Policy Research, said Wang Xuekun 13, will focus on foreign trade policy to focus on enterprise products for different companies and different policies for different sectors.

Wang Xuekun in the "2011 China Foreign Trade 500 Forum", said former foreign trade policy to reduce tariffs, export tax rebates and other incentives to focus on commodities with the body, is dependent on the commodity cost and price advantage to promote their products abroad. The current , reduced cost and price advantage, foreign trade policy will be the same as industrial policy, for different companies, different industries for different policies.

He pointed out that the current business situation facing worse than the financial crisis, when difficult than the financial crisis even more. By the depreciation of the dollar, rising business costs and other factors, the first half of this year, export prices increased by an average of about 10% However, the cost of exports increased by 20%, corporate profit margins drastically reduced export enterprises actively reduced.

Wang Xuekun said of the global economic impact of increased complexity of factors, difficulties in foreign trade business orders, the orders from the current business long single into short single.


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