Guangdong leather footwear exports in the second half will receive government financial support

According to the latest statistics from the General Administration of Customs, from January to July this year, the total value of import and export trade in Guangdong Province was 388.88 billion U.S. dollars, up 14 %% year-on-year, lower than the national growth rate of 26.4 %%. Among them, the export was 223.93 billion U.S. dollars, up 13.6% %%, lower than the national 22.6 %% increase. The relevant person in charge of Guangdong Branch of the General Administration of Customs said that the proportion of Guangdong's total import and export value dropped in the country and the exports of garments and plastic products also continued to decline.

The relevant person in charge of the Guangdong Foreign Economic and Trade Department said that in the second half of this year, the province's foreign trade and economic cooperation will face a relatively relaxed policy environment. The Guangdong provincial government has also introduced various measures to support the development of foreign trade and economic cooperation. The first is to step up financial support. The Guangdong provincial government decided to increase the special fund for supporting the development of foreign trade this year by 230 million yuan and the annual support funds to reach 700 million yuan. The newly added 230 million yuan is mainly used to support the general trade exports of the seven major categories of traditional labor-intensive goods, support enterprises to explore emerging international markets, and support independent brand innovation to expand exports.

It is reported that in the second half of this year, Guangdong Province Finance will come up with 160 million yuan to provide tax refunds on the general trade exports of seven major categories of traditional labor-intensive commodities such as construction, ceramics, and some steel products, textiles and clothing, plastics, toys, bags and footwear Reimbursement of poor funding, hoping to drive the second half of this year, the general trade of seven major categories of goods exports increased by about 20 %% over the same period last year. In addition, 50 million yuan will be allocated to help enterprises explore emerging markets. We hope that through this measure, the export of general trade in emerging markets in the second half of this year will increase by about 25% over the same period of last year.

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