Create a new model of foreign trade development with the help of internet plus.

  On April 7th, the executive meeting of the State Council proposed a series of reform measures, such as setting up a comprehensive experimental zone in cross-border electronic commerce, supporting processing trade and holding the Canton Fair online, in order to actively cope with the impact of the COVID-19 epidemic and strive to stabilize the basic market of foreign trade and foreign investment. This is the fourth time that the central government has made arrangements for foreign investment and foreign trade since March.

  At present, the global epidemic is spreading rapidly, which has brought great impact on the world economy and international trade and investment. As one of the "Troika" driving China’s economic growth, import and export trade is also facing this "big test". Stabilizing the basic foreign trade market is of great practical significance for China’s economic stabilization and recovery.

  Based on this, the the State Council executive meeting put forward the policy of "combination boxing" to stabilize the basic foreign trade. For example, the 127th Canton Fair was held online in the middle and late June, and 46 cross-border e-commerce comprehensive experimental zones were newly established, and three policies were introduced to support processing trade enterprises to alleviate difficulties. This set of policy "combination boxing" reflects the governance thinking of marketization and Internet big data. It can be predicted that "internet plus" will play an important role in promoting China’s foreign trade innovation and development model.

  The establishment of 46 new cross-border e-commerce comprehensive experimental zones will promote active innovation in foreign trade development in all regions, especially with the opportunity of setting up this reform experimental field, actively promote institutional innovation, management innovation and service innovation, and build a complete industrial chain and ecological circle in cross-border electronic commerce. It is necessary to expand the reform of the cross-border e-commerce comprehensive experimental zone, promote the development of more new formats and new modes of foreign trade, make local governments pay more attention to the data integration and sharing of various departments in opening up, effectively reduce the cost of trade transactions in goods and services in the cross-border e-commerce comprehensive experimental zone, and improve the level of facilitation.

  The the State Council executive meeting decided to promote effective measures to promote the development of cross-border e-commerce. At the same time, it implemented support policies such as exempting the cross-border e-commerce retail export goods in the comprehensive test area from value-added tax and consumption tax, and approving the collection of corporate income tax. It studied the inclusion of qualified cities in the comprehensive test area in the pilot scope of cross-border e-commerce retail import, and supported enterprises to build and share overseas warehouses. This is a fiscal and taxation policy means to encourage enterprises to invest in the cross-border e-commerce comprehensive experimental zone, and it is also a concrete practice to make the market play a decisive role in the allocation of foreign trade resources. Cross-border e-commerce, as a product of the Internet age, has a unique advantage in foreign trade of the Internet. Through online transactions, unnecessary human contact can be reduced and the impact of the epidemic can be minimized; At the same time, in the case that traditional foreign trade has been hit hard, a large number of foreign trade transactions will be transferred from offline to online, and cross-border e-commerce will surely become the new focus of economic growth.

  As the "China No.1 Exhibition" with the longest history, the largest scale and the largest number of buyers in China, it is of great significance for the Canton Fair to "move" online. This is not only the first time that the Canton Fair has been held entirely in the form of network, but also an attempt to continuously transform and develop the Canton Fair and create a "never-ending Canton Fair". At the same time, it is also a bold innovation for China’s foreign trade development mode based on exhibition platform. Although the offline Canton Fair still has many advantages, but now it has entered the Internet era, the combination of traditional exhibitions and the Internet is undoubtedly a trend. We should use the opportunity of holding the online Canton Fair to accumulate experience for holding more online exhibition platforms and development forums in the future. Of course, any traditional exhibition held online will face many challenges. How to guide exhibitors and buyers online, how to better serve Chinese and foreign merchants, and especially how to ensure the quality and reputation of online exhibitions, the relevant departments still need to seriously consider. (Certified tax accountant, Economic Daily-China Economic Net columnist Li Ning)