China's State Council to expand the deployment of consumption growth in foreign trade measures

Chinese Premier Wen Jiabao chaired a State Council on the 24th executive meeting to study the deployment of the expansion of consumption and invigorate the circulation to maintain steady growth in foreign trade policy measures.

It was noted that invigorate the circulation of promoting consumption to expand domestic demand, an important point. It is necessary to further improve policies and take effective measures to actively expand domestic consumption, and effectively enhance the consumption of economic growth. It is necessary to improve the flow of a rural network. That after two years in new and re-transformation of a group of farm goods stores and distribution centers in rural areas, increase the species distribution, and enhance multi-service functions. In the key areas and sales areas of new or modified a number of farm and agricultural products wholesale market to invigorate the circulation of agricultural products, farmers income. Second, it is necessary to further expand the varieties and increase the "home appliances to the countryside" promotion. The central government to increase subsidies, according to various parts of rural demand, increased choice and variety of subsidies. To ensure the quality of home appliances to the countryside, improve after-sales service. Third, we should improve the convenience of urban community service facilities, a group of select markets for standardized transformation to meet consumer convenience, ease consumer needs. Fourth, to promote the upgrading of urban consumer durable goods. Standardize and develop second-hand market, to speed up joint consumption of different income groups. To encourage the production and retail enterprises to develop "a new collection on sale of the old", "TM", led sales of new products and resource conservation. Fifth, it is necessary to promote the flow of enterprise development, lower consumer costs. Support for large-scale cross-regional flow of corporate mergers and acquisitions to enhance the operating advantages of lower costs, so consumers benefit. Support the development of small and medium-sized business enterprises, financial institutions to the development of differentiated credit conditions, small and medium-sized business enterprises to solve the problem loans. Six to actively foster new consumption hot spots, and vigorously promote the holidays and consumer exhibition to promote the upgrading of consumption. Seven companies have to step up the flow of food quality and safety supervision, and effectively improve food security capacity. To support the development of circulation, the central government in 2009 will increase logistics service system in rural development funds and special funds to promote the development of the service scale.

The meeting studied to determine the ease of export business difficult to maintain steady growth in foreign trade policy measures. First, fiscal and taxation policy to increase support. Improve the technical part of the content and value-added machinery and electronic products with high export tax rebate rate. Appropriate to expand the size of the Central Foreign Trade Development Fund. Second, the steady transformation and upgrading of processing trade. Adjustment of processing trade category of prohibited and restricted list, will be in line with the national industrial policy, not a high-energy, high-pollution products with high technological content, as well as the ban on products from the category list removed, will be part of the labor-intensive products and technology High energy-saving environmental protection products from the restricted list removed. Encourage the transfer of processing trade to central and western regions, in part to increased focus on taking the bonded logistics functions. Improve the supervision of the Regional Customs special features to guide advanced manufacturing and modern service industries into the production development. The third is to improve the import and export of financial services. An appropriate policy bank to expand export buyer's credit to encourage commercial banks to carry out export tax refund loan business hosting accounts, insurance policies to expand the scale of financing, to ease the difficulties of financing small and medium-sized foreign trade enterprises. Guangdong and the Yangtze River Delta region and Hong Kong and Macao, Guangxi and Yunnan and ASEAN's trade in goods for the RMB clearing pilot. The fourth is to expand domestic demand of imports. Increased focus on advanced technology, key equipment and important components of energy and raw materials imports. Fifth, to promote investment and trade interaction. Encourage foreign businessmen to invest in high-tech, energy saving and environmental protection industries and modern service industry, to develop international service outsourcing, the Suzhou Industrial Park-the-art technology-related services business tax policy to expand the pilot to identify the country of service outsourcing base cities and Demonstration Garden. Sixth, to raise the level of trade facilitation. Customs and immigration inspection and quarantine booking a 24-hour customs clearance, in 2009 to continue the reduction of agricultural export entry and exit inspection and quarantine fees, lower exports of textiles, apparel product testing costs. Seven is to strengthen and improve bilateral economic and trade relations more actively to resolve international trade disputes, and properly handle the export product quality and safety problems, create a favorable international environment. To support the enterprises to promote their products in emerging markets.

The meeting also studied other matters.