East China’s Jiangsu province will step up its efforts to facilitate sales of export products in domestic market, as part of efforts to stabilize foreign trade amid slump in global trade due to the impact of the COVID-19 pandemic on the economy, according to a circular released recently by the general office of the provincial government.
12 new measures are included in the measures to support the domestic sales of export products to promote the integrated development of domestic and foreign trade.
Efforts will be made to streamline and optimize the CCC certification procedures for domestic sales of the export products, cut back on the time for application for certification, reduce the number of certificates, and reduce certification fees, according to the circular.
The province will support foreign trade enterprises to produce domestic products in accordance with advanced international standards, and promote the integration of international and domestic standards, the circular said.
Measures will be taken to sell export products in shopping malls, supermarkets, pedestrian streets, and wholesale markets in a bid to help marketable foreign trade products to open up the domestic market, help companies to destock their inventory, recoup funds, and smooth circulation, according to the circular.
Foreign trade companies will be encouraged to launch online sales of their export goods so as to better tap the domestic market, the circular said.
Other measures include the accelerated development of the comprehensive cross-border e-commerce pilot zones and market procurement trade pilots in a bid to further expand the opening of ports, smooth domestic and international logistics channels, and provide carriers and support for enterprises to make good use of the domestic and overseas markets.
(Source:ourjiangsu.com)
