China mulls measures for foreign trade enterprises while combating coronavirus

Time:2020-02-04 12:37:19      Source:ChinaDaily.com

Foreign trade enterprises in China will resume production capacity soon, while authorities are stepping up efforts to improve the business environment and reduce their burden, the Ministry of Commerce (MOC) said Monday.

Most foreign trade enterprises in China tend to start operation and shipping after the 15th day of the first lunar month, and the MOC is paying close attention to the situation amid the novel coronavirus outbreak, said Vice Minister of Commerce Wang Bingnan.

Departments and local governments at all levels are making precise policies to create a sound business environment and alleviate the burden on enterprises, Wang said.

The World Health Organization spoke highly of China's epidemic prevention and control efforts and did not recommend overreactions such as trade and travel restrictions.

China is confident in and capable of eventually defeating the novel coronavirus epidemic, and believes that the governments and market players on the global supply chain will do more to facilitate both exports and imports of China, Wang added.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-19
Shuozhou 5200 435 0 FOR 06-19
Ordos 5500 415 0 ex-mine 06-19
Yulin 6200 535 0 ex-mine 06-19
Liulin Low-sulphur 560 0 ex-mine 06-19
Gujiao Low-sulphur 1095 0 FOR 06-19
Xingtai Low-sulphur 1210 0 ex-Factory 06-19
Yangquan PCI 770 0 FOR 06-19
Index RMB/t WoW WoW% Date
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