Busy Production, Expanding Markets, Practicing Internal Skills, Jiangsu's Foreign Trade Shows Stable Growth, Strong Resilience

Enterprises are the micro entities of foreign trade and the key direction for stabilizing foreign trade. Since the beginning of this year, favorable policies such as Jiangsu's "42 Measures" have greatly boosted the development expectations of foreign trade enterprises. The vast number of foreign trade enterprises are busy with production, rushing orders, and increasing their efforts in product research and development. Jiangsu's foreign trade has shown a strong resilience of stable growth.
When the machine rings, ten thousand taels of gold. Since the beginning of spring, Jiangsu Flint Electromechanical Technology Co., Ltd. in Qidong, Nantong has been operating with machines roaring and production lines running at full capacity, with assembly, debugging, and packaging in an orderly manner. The previous batch of products has just been delivered, and the next batch of materials has already been processed online. In recent years, Qidong electric tools such as angle grinders and electric drills, which have a complete range of varieties and high cost-effectiveness, have become increasingly popular in developing countries and regions such as Southeast Asia, the Middle East, and South America, and are widely used in many fields such as construction decoration and stone processing. The company's current orders for complete machines and accessories have been scheduled until June, and they are rushing to build new factories and expand production capacity.
Yin Yajun, Deputy General Manager of Jiangsu Flint Electromechanical Technology Co., Ltd., said, "After the completion of the new factory building, our fully automatic motor production lines will increase to 20. During the same working hours, our production capacity will increase by 30% to 40%. In the long run, we are also very confident in the development of our enterprise
At the beginning of this year, Jiangsu has been promoting policy intensification and service upgrading from top to bottom, making foreign trade enterprises feel a strong sense of warmth. Precision drip irrigation of policies related to tax reduction and fee reduction, export credit, credit insurance, etc., to help enterprises reduce costs and stabilize operations; Various regions are closely monitoring the key nodes of returning to work after the holiday, adopting various methods such as charter flights and chartering cars to solve the problem of labor shortage in key foreign trade enterprises. In addition, many places have also organized groups to carry out economic and trade activities both domestically and internationally, helping enterprises seize orders and expand markets. Many companies not only harvest large orders, but also gain a more accurate understanding of market demand through face-to-face communication with customers.
Han Lifang, the head of the overseas sales department of Suzhou Laike Electric Co., Ltd., said, "We need to make timely adjustments according to the changes in the European and American markets. If it is a product that is needed in the market, you can only sell it when it is developed, so research and development needs to be constantly adjusted
For foreign trade enterprises, exploring international markets is the key to success. Jiangsu has seized the opportunity of restarting offline exhibitions, launched the "One Hundred Exhibitions, Ten Thousand Enterprises Expand Market" action, supported enterprises to participate in more than 100 overseas offline key exhibitions, coordinated central and provincial funds to provide up to 80% subsidies for booth fees of outbound exhibitors, and increased support for exhibition transportation, business travel and other expenses for enterprises in many places. The investment of real gold and silver continuously enhances the confidence of foreign trade enterprises. Large overseas exhibitions such as the Las Vegas International Fashion Show, the Arab International Medical Laboratory Instrument and Equipment Exhibition, and the Madrid International Energy Exhibition were held intensively, with Jiangsu enterprises actively participating.
Wei Xiujun, Chairman of Jiangsu International Convention and Exhibition Co., Ltd., said, "We will focus on organizing enterprises in Jiangsu's advantageous industries, such as new energy, new materials, medical, etc., to participate in overseas exhibitions and obtain more orders. We will provide booth subsidies ranging from 30000 to 80000 yuan for these enterprises. Currently, we have organized 143 enterprises to participate in 16 overseas exhibitions from January to February
In addition, Jiangsu also plans to stabilize and improve its foreign trade with a broader vision, help enterprises to explore emerging markets such as ASEAN and countries along the "the Belt and Road", and support enterprises to make full use of RCEP policies to enhance their deep competitiveness. With the two-way cooperation and joint efforts of the government and enterprises, the "vitality index" of foreign trade continues to improve, providing strong driving force for the sustained improvement of economic operation.