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[Yearly Overview II for Commerce Work in 2018] Actively Optimize the Policy Environment for Business Development

Under the strong leadership of the CPC Central Committee with Comrade Xi Jinping as the core, MOFCOM has thoroughly studied and implemented Xi Jinping鈥檚 Thought on Socialism with Chinese characteristics for a New Era since 2018, firmly established the four 鈥渁warenesses", strengthened two 鈥渟afeguards", and resolutely implemented the decisions and plans of the CPC Central Committee and the State Council. MOFCOM has taken the initiative to work hard, constantly optimized the business development environment, and achieved positive results in related work.

Take multiple measures simultaneously to further promote the work of poverty alleviation through business. MOFCOM has earnestly fulfilled its political responsibility for poverty alleviation and listed business poverty alleviation as one of the eight major action plans for business reform and development in the new era. MOFCOM has formulated and implemented the implementation scheme of the Guidelines for the Three-Year Action of the CPC Central Committee and the State Council on Winning the Fight against Poverty to solidly promote the work of poverty alleviation though commerce, making full use of the characteristics of covering the urban and rural areas, connecting home and abroad and mobilizing the forces of all sectors of society. Tap the markets to promote poverty alleviation. Regarding the comprehensive demonstrations of e-commerce entering into rural areas, there are 238 newly added state-level poverty-stricken counties, with a coverage rate of 88.6%. In the first three quarters, the state-level poverty-stricken counties included in the comprehensive demonstration achieved online retail sales of 110.1 billion yuan, with the growth rate higher than the national 31.5 percentage points. Due to the production and marketing connection activities, 7.2 billion yuan of agricultural products were purchased in poverty-stricken areas. Increase employment to promote poverty alleviation. Poverty alleviation through housekeeping has created 100,000 jobs, and 35,000 people went abroad for poverty alleviation through foreign labor. Develop industries to promote poverty alleviation. Three canton fairs reduced booth fees for enterprises in poverty-stricken areas, with an accumulated turnover of about 6 billion yuan. Organize multinational corporations to develop in the west and strengthen international cooperation on poverty reduction. Alleviate poverty through paired assistance. The targeted assistance has been continuously increased. Guang'an and Yilong have successively achieved high-quality poverty alleviation. Chengbu became the first national poverty-stricken county supported by the agreement of the United Nations鈥system in China.

Be inclusive and prudent, stabilize the cross-border e-commerce retail import policy environment. In accordance with the principle of encouraging innovation, inclusiveness and prudence, we will take the lead in introducing the supervision plans for post-transition period of the cross-border e-commerce retail imports, and improve the relevant support policies. It is clear that after the transition period, we will effectively stabilize market expectations according to the principle of personal goods supervision. We will clarify the responsibilities of participating entities in cross-border e-commerce enterprises, platforms, consumers, domestic service providers, etc., and better protect the legitimate rights and interests of consumers. The scope of application of the policy will be expanded from 15 cities to 37, and the single purchase limit will be promoted from 2000 to 5,000 yuan. The annual purchase limit will be increased from 20,000 yuan to 26,000 yuan, and 63 listed items will be added to increase support for new business formats. In January-October 2018, China's cross-border e-commerce retail imports amounted to 67.2 billion yuan, with a year-on-year increase of 53.7%.

Optimize the foreign trade development policy environment through coordination. We have actively followed the spirit of the State Council executive meeting, coordinated the relevant departments to act quickly, and vigorously implemented and created a better policy environment for foreign trade development. The tax refund policy has been further improved. The level of tax return rate of electromechanical and cultural products has been improved. The levels of tariffs have decreased to 5 from 7, and the tax refund processing time has been shortened from 13 working days to 10 working days. Import tariffs are further reduced. Under the State Council's taxation committee mechanism, two rounds of tariff counter-measures against the US were rolled out correspondingly. The tariffs on automobiles, pharmaceuticals, and consumer goods were significantly reduced, and the total tariff level fell from 9.8% to 7.5%. Financial services were further optimized. The coverage of export credit insurance has steadily expanded, and it is more convenient for small and micro enterprises to handle credit insurance. The scale of policy financing continues to expand.

Strictly create a standard and clean working environment. MOFCOM has strictly followed the spirit of the CPC Central Committee's eight-point decision on improving Party and government conduct, revised and improved relevant systems, strictly observed the red line of financial and economic disciplines, and built a clean and honest defense line for business development. Strictly guard the budget. We have further improved the scientific nature of budget preparation, strengthened budgetary constraints, and standardized budget adjustments. Strictly guard the financial review. We have strictly controlled the spending on official overseas visits, official vehicles, or official hospitality, strictly reviewed the capital expenditures, ensured the implementation of various financial systems to do "work according to procedures and spend money according to rules." Strictly control performance evaluation. We have improved the evaluation index system and expanded the scope of evaluation to promote the efficiency of capital use with performance evaluation results. Strictly control the audit. We have further expanded the coverage of audits, strengthened the reporting of audit results and earnestly done a good job in auditing and regulation and correction to promote development through auditing.

2019 marks the 70th anniversary of the founding of China. It is the key year for the first 100-year goal of building a well-off society. MOFCOM will continue to follow President Xi Jinping鈥檚 Thought on Socialism with Chinese Characteristics for a New Era, comprehensively implement the spirit of General Secretary Xi Jinping鈥檚 speech at the celebration of the 40th anniversary of reform and opening up, and the spirit of the Central Economic Work Conference, in order to further optimize the policy environment, and promote the high-quality development of business, thus celebrating the 70th anniversary of the founding of New China with outstanding achievements.

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