Hunan Issues Measures to Support Foreign Trade amid COVID-19 Outbreak
In order to effectively solve the production and operation difficulties of foreign trade enterprises under the current situation and promote the high-quality development of foreign trade in the whole province, the Hunan Commerce Department issued Several Measures to Actively Respond to Novel Coronavirus (COVID-19) Pneumonia to Support the Stable Development of Foreign Trade Enterprises on February 13.
Eight measures are put forward, including:
-Supporting foreign trade enterprises to resume work and production;
-Strengthening comprehensive foreign trade services;
-Strengthening financial services for foreign trade enterprises;
-Providing legal aid for trade disputes;
-Increasing support for export credit insurance (ECI);
-Supporting enterprises to develop international markets;
-Actively expanding imports; and,
-Supporting the steady development of new form of foreign trade.
Translator: Kuang Zhenzhen
Chinese source: hunan.gov.cn