Double digit growth rate? Shanghai: Countering Uncertainty with Deterministic Policies, Private Foreign Trade Exceeded 750 Billion RMB in the First Seven Months Shanghai | Private Enterprises | Shanghai

Release time:Apr 16, 2024 12:01 PM

Shanghai Yongda Edible Fungi Co., Ltd., a private enterprise established for nearly 20 years, is a key leading enterprise in the agricultural industry and a high-tech enterprise in Shanghai. As of the end of July this year, the company's mycelium and edible mushroom exports have increased by 1.3 times and 2.1 times year-on-year, respectively. The company leader Huang Guobiao attributed the rapid increase in foreign trade to a series of favorable policies, including the rapid acquisition of export qualifications for multiple varieties such as shiitake mushrooms, and the implementation of "no interference, instant release" by customs for products that are not involved in risk control, in order to defend the timely clearance of fresh shiitake mushrooms. According to statistics from Shanghai Customs, in the first seven months of this year, there were 52000 foreign trade enterprises in Shanghai with import and export performance, of which private enterprises accounted for 30.1%, and the import and export amount was 753.18 billion yuan, with a growth rate of 15.2%. It has become an accelerator for the growth of Shanghai's foreign trade.

Wu Song Customs officers are supervising Yongda Edible Fungi Co., Ltd.


Double digit growth rate? Shanghai: Countering Uncertainty with Deterministic Policies, Private Foreign Trade Exceeded 750 Billion RMB in the First Seven Months Shanghai | Private Enterprises | Shanghai

A convenient filing system is one of the driving forces for the revitalization of private foreign trade enterprises. Mainland Zhixing Technology Co., Ltd. was newly established in January this year. It is an enterprise that provides intelligent product research and production for new energy vehicles, and has already held orders from multiple regions in Japan and Europe. Under the guidance of Jiading Customs, Mainland Zhixing submitted complete and accurate materials online, and completed the entire process of filing with customs on the day of submission. This enabled the enterprise to start import and export business in the first time, leaving sufficient time for subsequent customs declaration and performance. Mainland Zhixing has successfully exported to many places in Germany and Japan, with an export value of 240 million yuan so far this year.

The Ullens Art and Culture Development Company is seizing the opportunity for the exhibition industry to recover. Its ongoing "Berlin National Museum of Fine Arts Collection Exhibition" has attracted attention for its collection of nearly a hundred works by six 20th century modern art giants, including Picasso and Paul Klee. The company has also obtained filing convenience. According to Zhang Zhengning, the manager of the company's operations department, the company applies for temporary registration with customs every year for the import of exhibits, which is valid for one year. In May of this year, the company learned that Shanghai Customs has introduced a series of measures to reduce the burden and increase efficiency of foreign trade enterprises. Among them, for trade companies in the exhibition industry, the qualification of customs declaration units is allowed to be valid for a long time after a single filing, which greatly simplifies the filing and customs clearance process.


Double digit growth rate? Shanghai: Countering Uncertainty with Deterministic Policies, Private Foreign Trade Exceeded 750 Billion RMB in the First Seven Months Shanghai | Private Enterprises | Shanghai

The Berlin National Museum of Fine Arts Exhibition is currently underway in Shanghai.

Accurate service is another way to stimulate the momentum of private enterprises. Shanghai Huafeng Superfiber Technology Co., Ltd., a private enterprise in Jinshan District, has recently been recognized as an "approved exporter". A Dingdao microfiber material produced by Huafeng Superfiber has good simulation effects and can be widely used in clothing and automotive interiors, mainly exported to Japan. To support Huafeng Superfiber's accelerated expansion into high-end fields and markets, Jinshan Customs carefully evaluates the characteristics of the enterprise and believes that actively utilizing RCEP rules can better enjoy tariff reductions and achieve cost reduction and efficiency improvement. Jinshan Customs guided Huafeng Superfiber to carry out qualification certification related to RCEP and successfully helped enterprises pass the certification of "approved exporter". This means that Huafeng Superfiber, which needs to apply for about 30 certificates of origin from customs every year, can independently issue a declaration of origin, and the efficiency of export business processing can be improved by more than 20%. According to Duan Weidong, the general manager of the company, with a series of advantages in customs clearance facilitation and cost advantages brought by tariff reductions, the company has recently successfully signed large long-term orders with new Vietnamese customers who are also in RCEP's "circle of friends". It is expected to bring the company an annual export growth of over 10%.


Double digit growth rate? Shanghai: Countering Uncertainty with Deterministic Policies, Private Foreign Trade Exceeded 750 Billion RMB in the First Seven Months Shanghai | Private Enterprises | Shanghai

Huafeng Superfiber.

It is reported that in the complex and ambiguous global economic situation, the new customs policies and technological innovation work together to improve the efficiency of enterprises going abroad, and also help enterprises fight against uncertainty with certainty. According to statistics, in the first seven months of this year, Shanghai added over 13000 newly registered customs declaration units.


Double digit growth rate? Shanghai: Countering Uncertainty with Deterministic Policies, Private Foreign Trade Exceeded 750 Billion RMB in the First Seven Months Shanghai | Private Enterprises | Shanghai
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How is the rainfall this year? The National Climate Center predicts that it will enter the rainy season around June 18th. The weather for Shanghai's high school entrance exam will be announced as the rainy season | Shanghai | Weather
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