CCTV News: The United States’ abuse of tariffs has brought impact to many foreign trade companies in my country, especially small and medium-sized foreign trade companies. A recent investigation and interview in Guangdong found that these companies responded quickly and turned pressure into motivation. Some relevant governments and financial institutions are also trying to find ways to help companies overcome difficulties.
Fengshun County, Guangdong Province started from the production of speaker accessories more than 40 years ago, and has gradually developed nearly 700 small and medium-sized enterprises in the electroacoustic industry today. When the reporter came to Fengshun, many companies here export new orders for the United States were pressed for pause.
Chen Jiedong told reporters that exports to the United States account for about 40% of the company's output value, and the goods stranded in the port recently were worth 18 million yuan. At present, they have decided to convert this batch of goods into domestic sales, and have now opened their own e-commerce live broadcasts and contacted the platform for online sales.
In response to the tight capital chain problems that small and micro enterprises may face, the local government guides banks to increase credit issuance, and at the same time encourages enterprises to apply for policy funds such as ultra-long-term treasury bonds to accelerate industrial upgrading.
Guangdong financial institutions have also increased their efforts to visit and use financial momentum to leverage the new fulcrum of foreign trade. Foshan Shunde has two major industrial clusters of over 300 billion home appliances and machinery equipment, and its air conditioners, microwave ovens and coffee machine products occupy the first place in the global market share. This high-tech enterprise specializing in coffee machines has just participated in the Canton Fair and has gained many new customers. It immediately devoted itself to the intense production and plans to further expand the R&D and production headquarters of intelligent and digital coffee machines. In order to solve the problem of financial tightness in enterprises, local financial institution staff visited the door and provided credit funding support to enterprises according to local conditions, as well as a package of exclusive service plans such as payment and settlement.
