Guangdong Footwear Toys Export Will Be Subsidized

According to the latest statistics of the General Administration of customs, the total value of Guangdong's import and export trade in the 1~7 months of this year is 388 billion 780 million US dollars, up 14% from the same period last year, which is lower than the 26.4% increase in the whole country. Of them, the export volume is 224 billion 930 million US dollars, an increase of 13.6%, which is lower than the 22.6% increase in the whole country.

The head of the Guangdong branch of the Customs General Administration said that the total value of imports and exports in Guangdong has declined in the whole country, and exports of clothing and plastic products have continued to decline.

The responsible person of the Ministry of foreign trade and economic cooperation said that in the second half of the year, our province's foreign trade and economic development is facing a relatively relaxed policy environment, and the provincial government has also introduced a number of measures to support the development of foreign trade and economic cooperation.

The first is to increase financial support. The provincial government decided to increase this year's special funds to support the development of foreign trade and economic cooperation by 230 million yuan, and the annual support funds reached over 700 million yuan.

The new 230 million yuan is mainly used to subsidize the general trade export of seven major traditional labor-intensive commodities, support enterprises to develop new international markets, support independent brand innovation and expand exports.

It is reported that in the second half of this year, the provincial finance will give up 160 million yuan to subsidized the general trade export of seven traditional labor intensive commodities such as construction, ceramics and some iron and steel products, textiles, clothing, plastics, toys, bags, footwear and so on, hoping that the general trade export of the seven categories of commodities in the second half of this year will be increased by about 20% over the same period last year.

In addition, 50 million funds will be allocated to help enterprises develop new markets. We hope that through this measure, the general trade export of emerging markets in the second half of this year will increase by about 25% over the same period last year.