This round of epidemic has had a huge impact on the economic and social development of Shanghai. With the improvement of the situation, Shanghai held a press conference on the afternoon of May 29 to introduce the latest Action Plan for Accelerating Economic Recovery and Revitalization of Shanghai.

The action plan includes eight aspects and 50 policies and measures, which can be roughly divided into four sections.

The first plate is mainly to help companies to bail out.

The second plate is mainly the resumption of work and production.

The third sector is to stabilize foreign investment and foreign trade and promote consumption and investment.

The fourth plate is mainly to strengthen the support.

This policy and measure shall take effect from June and shall be valid until December 31, 2022 (if the specific measures have a specific time limit for implementation, the provisions thereof shall apply). The "21" policy on helping enterprises to fight COVID-19 issued by the municipal government on March 28 remains in effect. If the state has relevant regulations, such regulations shall prevail.

Resumption of work and production resumption plate

The resumption of work and production and the resumption of business are the current concerns of all kinds of enterprises

To return to work and production card point plugging point and put forward the classified guidance, dynamic revision to return to work and production shutdown epidemic prevention and control guidelines, cancel to return to work and production shutdown unreasonable restrictions (June 1, cancel the enterprise return to work and production white list), expanding the scope of the enterprise and epidemic prevention and xiaosha subsidies, Yangtze river delta industry chain supply chain mutual insurance mechanism, clear policy measures such as domestic and international logistics transport corridor, We will support the resumption of work and production in all sectors and steadily raise the production rate of enterprises.

We will move faster to promote the use of unified and mutually recognized passes across the country, improve the efficiency of trans-provincial transport transit stations, promote contactless logistics and improve the efficiency of freight transport.

We will strictly implement anti-epidemic production support measures at ports and airports, optimize delivery methods and quarantine procedures at ports and ensure the orderly operation of industrial chains, supply chains, shipping and logistics.

We will accelerate the implementation of the freight transport support policies issued by the state. From May 1, 2022 to the end of the year, VAT will be exempted for eligible express delivery service income and funds from reloans will be used to support financing for the transport, logistics and storage industries.

We will stabilize foreign investment and foreign trade and promote consumption and investment

We put forward a series of powerful policies and measures to stabilize foreign investment and foreign trade, accelerate the recovery of consumption and give full play to the key role of investment, so as to comprehensively boost the internal driving force of the economy.

To stabilize foreign trade, we increased support for export tax rebates and export credit insurance and encouraged port and shipping enterprises to reduce or exempt storage fees and demurrage fees for goods to help foreign trade enterprises fulfill their orders.

Help foreign trade enterprises to bail out

We will speed up the implementation of the foreign trade support policies introduced by the state and allow processing trade enterprises to deduct the input VAT they transferred out of the country after implementing the policy of uniform tax rebate rates for export products.

Where an enterprise fails to collect foreign exchange for its export business declared for tax refund and obtains export credit insurance claims, the export credit insurance claims shall be regarded as foreign exchange received and export tax refund shall be processed.

Encourage port enterprises to reduce or exempt cargo storage fees for a specific period of time, encourage shipping companies to reduce or exempt demurrage fees for a specific period of time and advocate port and shipping enterprises to reduce or exempt foreign trade import and export related logistics operation fees.

We will strengthen policy and financial support for foreign trade enterprises. We will increase support for export credit insurance, expand the coverage of micro, small and medium-sized enterprises, optimize underwriting and claim settlement conditions, set up a "single window" in Shanghai to report claims for losses on line and establish a premium holding mechanism and a quick claim first mechanism, so that the insurance can be guaranteed as much as possible and can be compensated as soon as possible.

For micro, small and medium-sized enterprises that meet the requirements of specialized, specialized and innovative enterprises, we will implement a phased reduction of no less than 10% on the basis of the existing export credit insurance premium rate and increase support for insurance policy financing.

We will support the Shanghai Branch of the Export-Import Bank of China in establishing a special line of credit for import and export business, establish a fast review channel and actively use preferential policy interest rate loans or seek other preferential interest rate policies from the head office to reduce financing costs of enterprises.

We will stabilize expectations and confidence of foreign trade enterprises

We will help foreign trade enterprises fulfill their orders, implement customs clearance facilitation measures, adopt the mode of exempts consignor or consignee from on-site inspection, support enterprises to handle customs clearance online, establish green channels for key enterprises to clear key materials and improve the efficiency of customs clearance and removal of goods.

We will help foreign trade enterprises fulfill their orders, implement customs clearance facilitation measures, adopt the mode of exempts consignor or consignee from on-site inspection, support enterprises to handle customs clearance online, establish green channels for key enterprises to clear key materials and improve the efficiency of customs clearance and removal of goods

Ccpit will issue proof of force majeure related to COVID-19 free of charge to eligible and needed enterprises affected by the epidemic.

The Shanghai International Arbitration Center and other relevant dispute settlement organizations have provided legal advice and assistance to foreign trade enterprises in safeguarding their rights and exempted, refunded and deferred arbitration fees that meet the conditions.

Facilitate the invitation letter and entry and exit procedures for foreign employees and their families of foreign-funded enterprises, global executives and professional and technical personnel carrying out important business activities, as well as important overseas customers of foreign trade enterprises.

Source (Shipping Information)