Jiaxing Fastener Economic Development Rapidly Export Trade Prop up Umbrella

In recent years, the blocky economy in Jiaxing has developed rapidly, such as Haiyan Fasteners, Pinghu Clothing, Haining Home Textiles, Leather, Jiashan Wood, etc. Due to the low labor cost and low production cost of enterprises, the export price has obvious advantages and the market share of products in the international market. With the continuous improvement of competitiveness, it has become the focus of other countries' investigations to initiate “two anti-one protection” surveys.

According to reports, in the next step, Jiaxing City will focus on one port to issue early warning information to various industries and enterprises in the city; at the same time, it will strive to link the 32 provincial foreign trade warning early-warning demonstration sites to achieve “information exchange and resource sharing” to ensure Enterprises get timely warning information. On the other hand, to further expand the scope of overseas early warning points and build on the existing US and European warning points, we will strive to set up early warning points in developing countries such as Turkey, India, and Brazil this year to increase the scope and quantity of early warning information collection. To make the early warning point of foreign trade better play the role of "watch tower" and "message tree".

According to reports, during the ten years after China's accession to the WTO, the number of cases of international trade frictions in Jiaxing City accounted for 33.8% and 47.2% of the total number of trade remedy surveys in the country and the province, and accounted for 3.7% and 13.7% of the total amount of cases involving the country and the province. Compared with anti-dumping, which has been mainly used for the past few years, cases in recent years have covered all forms of “two anti-one protection” and anti-subsidy has become a new hot spot. The special safeguard survey also involves Jiaxing City enterprises. The content of international trade friction has also gone deep into the deep-seated and institutional issues such as the exchange rate system, environmental protection, labor standards, social responsibility, and economic management models.

“Jiaxing City has basically formed a fair trade mechanism under the guidance of the Ministry of Commerce and the local government to coordinate trade associations and enterprises involved in the anti-dumping warning and responding to the “four-body linkage” fair trade, able to calmly deal with trade friction risk.” Zhang Jun, deputy director of the Municipal Bureau of Commerce said.

On the one hand, the government has stepped up the investigation and investigation of key cases, and conducted follow-up and guidance on the whole process involving massive economic industries and cases involving a relatively large amount of money.

On the other hand, actively play the role of trade associations in dealing with trade frictions, especially in the block-based economic industry, the industry trade associations must train personnel to deal with trade friction warnings and responses; at the same time, guide local law firms and accounting firms. Participate in the trade friction to reduce the cost of responding to the company and increase the enthusiasm of the company.

In view of the frequent international trade friction cases and the serious problems affecting the export of foreign trade enterprises, Jiaxing City is focusing on "achieving one goal, establishing two mechanisms, and improving three capabilities," that is, "reducing risks and reducing losses" as the goal. Establish and improve foreign trade early-warning mechanism and 'quadruple linkage' response mechanism as a means to "promote the government, industry and enterprises' trade friction risk prevention and response capabilities" for the purpose of taking active and effective measures, and strive to create for the city's foreign trade enterprises Fair trading environment.

So far, Jiaxing City already has 9 provincial-level foreign trade warning early-warning demonstration sites and 13 city-level foreign trade early-warning points, including a fair-trade grass-roots work point confirmed by the Ministry of Commerce. Each pre-warning point is mainly responsible for the industry's monitoring and analysis of key export market dynamics, and collecting and reporting early warning information.