The “Guangdong Trade Worldwide” initiative will continue to be held this year to expand market and promote consumption, according to the Department of Commerce of Guangdong Province.
More than 100 online expos have been planned for the “Guangdong Trade Worldwide”. It is expected to attract over 10,000 businesses to participate.
[Photo: Nanfang Daily]
“The pandemic has dealt a heavy blow to international trade. SMEs and foreign businesses are under tremendous pressure to secure orders, but the “Guangdong Trade Worldwide” platform provides opportunities for us to tap into new market,” said Zhao Qiujie, the general manager of Foshan Cengcenggao Food Co., Ltd.
This year, Guangdong will establish a number of marketing platforms, increase the supply of shipping containers, and by using the single window for international trade operations, carry out the paperless customs clearance online so as to improve logistics efficiency.
In terms of supporting SMEs going global, Guangdong will conduct cross-border matchmaking activities to encourage companies to build overseas warehouses in countries along the routes of Belt and Road initiative and under the Regional Comprehensive Economic Partnership (RCEP) agreement.
To solve the problems of container shortages, Guangdong customs authorities have made a special monitoring scheme to allow new containers to leave the factory immediately for a quick delivery at the destination ports.
Furthermore, paperless customs clearance procedures have been extended across the province to improve cargo release efficiency.
“Since the implementation of electronic bill of lading(B/L), the customs clearance time of every shipment can be shortened by half a working day on average, thereby reducing the logistics and human costs, ” said a director at Guangzhou Nansha Ocean Shipping Agency Co., Ltd.
Last November, Guangdong took the initiative in launching the “Guangdong Trade Worldwide” online expo. The official statistics show that 150 trade fairs have been held and the total trade turnover on-the-spot exceeded 1 billion USD by the end of this February.
