New Foreign Trade Policies, How to Seize the Opportunity to Sail to the Sea?

Release Date:2024-12-06

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I. Domestic policies: the “new engine” of foreign trade development

On the broad stage of international trade, the policy vane always guides the direction of foreign trade enterprises. Recently, the introduction of a series of domestic foreign trade policy support measures has injected strong impetus into the foreign trade industry. Although the "Several Policy Measures on Promoting Stable Growth of Foreign Trade" reviewed and approved by the State Council Executive Meeting did not directly involve tax incentives, it has built a more relaxed and favorable development environment for foreign trade enterprises through multi-dimensional measures such as expanding the scale of export credit insurance underwriting, increasing financing support, and optimizing cross-border trade settlement. These measures are like spring rain, nourishing the hearts of foreign trade enterprises, indirectly reducing corporate costs, improving trade conditions, and laying a solid foundation for the steady progress of the foreign trade industry.

Among them, the adjustment of export tax rebate policy is particularly eye-catching. The new policy jointly issued by the Ministry of Finance and the State Administration of Taxation adjusted the export tax rebate rate of some products, canceled the export tax rebate of aluminum, copper and other products, and reduced the export tax rebate rate of some refined oil, photovoltaic, battery and non-metallic mineral products. This policy adjustment undoubtedly has a direct impact on the export of foreign trade enterprises, especially photovoltaic and other industries. However, crises often breed opportunities. Photovoltaic companies should take this opportunity to strengthen product innovation, increase added value, and use marketing methods such as multilingual website building to expand international market channels and let photovoltaic products shine on the global stage.

The import tax incentives for recycled copper and aluminum raw materials are also worth paying attention to. The announcement jointly issued by the General Administration of Customs and six other departments clearly stated that recycled copper and aluminum raw materials that meet the requirements can be imported freely and are no longer considered solid waste. This policy not only reduces the import costs of related companies, but also promotes the efficient use of recycled resources and promotes the development of green foreign trade. Foreign trade companies should follow the policy guidance, actively introduce high-quality recycled resources, and contribute to the construction of a circular economy system.

II. International policies: the “barometer” of the foreign trade market

In foreign countries, there have also been many policy adjustments worth noting recently. These adjustments are like the vane of the international trade market, guiding the market layout of foreign trade enterprises. The Indian government has relaxed rice export restrictions and lowered the export tariff on parboiled rice. This policy will help improve the international competitiveness of Indian rice and expand the scale of exports. For foreign trade enterprises that have trade relations with India, this is undoubtedly good news. They can take this opportunity to strengthen trade cooperation with India and jointly explore the international market.

In the US market, the International Trade Commission has made negative damage rulings on aluminum extrusion products from multiple countries and regions, and cancelled anti-dumping and anti-subsidy orders. This ruling has lowered trade barriers for companies from relevant countries in the US market and provided a more fair competitive environment for these companies. Foreign trade companies should make full use of this opportunity to increase publicity in the US market and enhance product awareness and competitiveness.

In addition, the tax incentives in Brazil and Argentina are also worth noting. Brazil's policy of raising import tariffs on solar panels but temporarily exempting tariffs within quotas is aimed at encouraging local production and providing market opportunities for foreign trade companies. Argentina's measures to simplify import procedures for home appliances will help reduce corporate costs and enhance market competitiveness. Foreign trade companies should pay close attention to these international policy trends and adjust market strategies in a timely manner to cope with the ever-changing international trade environment.

3. Foreign trade marketing and promotion: Multi-language website building helps enterprises go global

In the context of globalization, foreign trade marketing and promotion are particularly important. Multilingual website construction, as one of the important means of foreign trade marketing and promotion, is the key to helping companies go global. By building multilingual websites, foreign trade companies can break language barriers and make their products and services closer to consumers in the target market. At the same time, multilingual websites are also an important window for demonstrating corporate strength and enhancing brand image.

When building a multilingual website, foreign trade enterprises should focus on the translation and localization of website content to ensure accurate information and fluent language. In addition, the website design and layout should be optimized to enhance user experience. At the same time, it is also necessary to strengthen the security and stability maintenance of the website. Through these efforts, foreign trade enterprises can build a multilingual website that is fully functional, easy to navigate, safe and reliable, and provide strong support for the expansion of enterprises in the international market.

In addition to multilingual website building, foreign trade enterprises can also combine other marketing methods such as social media marketing, search engine optimization, etc. to form a comprehensive marketing promotion system. Through multi-channel and multi-platform publicity and promotion, foreign trade enterprises can reach target customer groups more accurately and increase product awareness and market share.

IV. Summary and Outlook: Seize Opportunities and Meet Challenges

In summary, there have been recent moves in foreign trade policy support measures at home and abroad. These policy adjustments have not only optimized the foreign trade environment, but also promoted the healthy development of international trade. For foreign trade enterprises, this is undoubtedly a new era full of opportunities and challenges. Enterprises should pay close attention to policy trends and adjust market strategies in a timely manner; strengthen product innovation and technological research and development to increase product added value; and use marketing methods such as multilingual website building to expand international market channels. Through these efforts, foreign trade enterprises will surely stand out in the fierce market competition and achieve more brilliant achievements.

In the future development, the foreign trade industry will continue to face many challenges and opportunities. Let us work together to contribute to the prosperity and development of the foreign trade industry! Thank you for your reading and support, see you next time!

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