Chongqing's foreign trade has realized "from decline to increase"

A press conference on Chongqing's foreign trade import and export situation was held in the Information Office of the Chongqing Municipal people's Government on July 16 and the first half of 2020.The meeting revealed that Chongqing's imports and exports totaled 275.92 billion yuan in the first half of this year, an increase of 3.5 percent over the same period last year.

Of this total, exports totaled 169.96 billion yuan, down 0.7 percent, while imports totaled 105.96 billion yuan, up 11 percent.As can be seen from the above data, Chongqing's import and export vitality gradually recovered in the first half of the year.Under the circumstances of the global epidemic outbreak and the complex international trade environment, this report card handed over by Chongqing's foreign trade is indeed not easy to come by.

This is the result of Chongqing seizing the opportunity, planning in advance, co-ordinating epidemic prevention and control and economic development, and introducing a series of measures, and what is more, the whole city works hard without delay, actively snatching back time and progress, and making up for the losses.

Seizing the opportunity and implementing policies accurately, Chongqing's foreign trade has realized "from decline to increase".

In Chongqing's gratifying report card on foreign trade in the first half of the year, there are several key data worth paying attention to.Since April, Chongqing's foreign trade has rebounded, realizing "from decline to growth", and continued to maintain double-digit growth in May and June.

In the face of the challenge and impact brought by COVID-19 's epidemic situation, how does Chongqing's foreign trade rely on to achieve "from decline to increase"?

A China-Europe Express train (Yuxinou) departs from Tuanjiecun Central Station in Shapingba District

What is the basis for "turning red" for three months in a row?

Li Yu, deputy director of Chongqing Customs, said that since the outbreak of the epidemic, the city has focused on protecting the supply chain, industrial chain and logistics chain, and quickly introduced a series of support measures to simplify procedures, reduce taxes and fees, optimize the business environment, and help enterprises solve difficulties. It has effectively promoted the coordinated and orderly resumption of work in the upper, middle and lower reaches of the industry, providing a guarantee for the rapid recovery of Chongqing's foreign trade.The open platform made obvious contribution to Chongqing's foreign trade import and export in the first half of the year.At present, Chongqing has built four special customs supervision areas and three bonded logistics centers (type B), including two-way Cuntan bonded Port Zone, Xiyong Comprehensive Insurance area, Jiangjin Comprehensive Insurance area and Fuling Comprehensive Insurance area.

These open platforms totaled 196.56 billion yuan in imports and exports in the first half of the year, an increase of 13.7 percent, accounting for 71.2 percent of Chongqing's total foreign trade value, up from 64.9 percent in the same period last year.It can be seen that the open platform made a significant contribution to Chongqing's foreign trade import and export in the first half of the year, which is also an important reflection of the effectiveness of Chongqing's inland open highland construction.

On the other hand, Chongqing Free Trade Experimental Zone has played the role of "experimental field", exploring the reform of enterprise "one guarantee and multi-use" guarantee management mode, which can effectively reduce enterprise cost and business operation time.

The Chongqing Free Trade pilot Zone reached 203.05 billion yuan in imports and exports in the first half of the year, an increase of 9.6 percent.

Open channels also play a radiation-driven role.

The reverse growth of SAIC Hongyan in Chongqing

According to customs supervision data, the China-Europe train (Chongqing New Europe) opened 914 trains in the first half of the year, with import and export freight volume of 569000 tons, an increase of 6.9% and 8.1%, while the railway-sea intermodal transport train of the new land and sea corridor in the western region carried 9659 foreign trade containers, an increase of 52.37%.

The data show that Chongqing has strengthened its confidence, turned crises into opportunities, seized opportunities, accurately implemented policies, made scientific dispatching and overall planning, and did everything possible to stabilize foreign trade.

(Translated by Xi Xiaoxuan, Fathom Language Limited)